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 »

Improve Your Bad Credit Score in 8 Simple Steps

When it comes to your credit score, it can often be a mystery to why you may have a low score. Luckily, there are plenty of ways to increase a bad credit score even if you can’t pinpoint why it is low or feel like you do not have the means to increase it. Follow these 8 simple steps to get your score back on track, especially if you are more »

Different Types of Bad Credit Business Financing

As a small business owner, you need a steady flow of working capital to help fund expansion and growth, including hiring new employees, buying or leasing equipment, ordering bulk materials in advance of manufacturing goods and other business building activities. Unfortunately, if you are like a lot of entrepreneurs, you probably have average or bad credit, and bank loans are tough to obtain, even if your credit is fantastic. You more »

Using Equipment Financing To Close More Sales

Vendor financing is a tool used by equipment dealers to obtain financing for their clients. If your business involves selling equipment to business owners, then you should find an equipment financing company that can supply you with several different equipment leasing programs to help you get your clients financed. In this article, let’s talk about the basic facts that you need to know about this method of financing and how you more »

6 Tips on How to Be A Trusted Car Repair Shop

More and more people now days are keeping their cars longer and avoiding the new car lot altogether. This means less business for the automakers but more business for a reputable, well-equipped shop. A good car repair shop can get more business than it can handle ensuring more profits and more business in the future. There are many things that consumers are looking for when choosing an auto repair shop more »