why equipment leasing is a good idea for restaurants

Equipment Financing Tips For Restaurant Businesses

If you are planning on opening your own restaurant, one of the biggest challenges you will face is equipment financing. Setting up your own restaurant demands a considerable amount of cash. For one, you need to invest in restaurant equipment such as stoves, grills, gas range, freezers, tables, seats, POS system, flatware, computer, etc. You also need to invest in your marketing, creating menus, staff, and permits. Think about how more »

What Every Entrepreneur Should Know Before Starting A Business

  Starting a business involves a lot of planning and dedication. Start up business financing can be difficult to secure if you’re not prepared to pitch your ideas to the right people. But securing financing is just one step (yes, a very important one) on the road to becoming a successful business owner. 1. Asking for help is a good thing! Too many small business owners or would-be small business more »

bad credit

Equipment Lease Tips for the Credit Challenged

Having bad credit can make obtaining business financing almost impossible.  Most banks want their clients to have good to excellent credit and strong debt to income ratios. If you fall outside of their rigid credit guidelines, they don’t care how strong your company is.  The answer is no.  That’s why more and more business owners have turned to equipment leasing. Leasing Programs For Business Owners With Bad Credit If you more »

Equipment Sale Leaseback – Secured Business Loan Option

What is an Equipment Sale Leaseback? Its when you use your businesses existing equipment or real estate, that is already paid for, as collateral for a loan.  What are the requirements for an equipment sale-leaseback ( a.k.a secured business loan) The main requirements for this type of business loan are: You must own the equipment.  100% paid for.  Or it must be almost paid for, and part of the loan proceeds will pay off more »

how an equipment lease can help your business

How Equipment Leasing Can Help Your Business Grow

Todays economy has made many small businesses seek new ways to find ways to finance their business. While equipment leasing is not “new” and has been around for a long time. Many small businesses were unaware of it. Most business owners experience with leasing begins and ends with their cars! Its only been recently with traditional modes of financing becoming so hard to get approved, that leasing has become more more »