Why your personal credit is so important to your business loan lender

Banks, along with equipment funding lenders, use the following to assess loan applications: Income Credit Capability Security. But while banks look at little-to-medium size businesses from a Fortune 500 view, applicants are seen by equipment funding businesses from a small business outlook, a more “common sense” approach to financing. First thing we look at is how  you pay your bills.  As a small equipment financing business.  We work with a more »

Alternative Lending Option: Equipment Financing

Alternative Lending Method: Equipment Financing Did you know one of the best alternative lending methods is equipment financing?  With many banks shrinking away from lending to businesses.  Equipment financing companies are still eagerly working with business owners to help them obtain the financing they need to obtain the equipment they need to function. Whether you are a well established business, or a start-up business, there are equipment financing companies that more »

Start Up Business Financing

Where can you find startup business financing? Start up business financing is a rather specialized form of financing. Not all banks and financial companies will work with a new business because they are considered high risk. So as a new business owner seeking financing, the first question you should ask your prospective lender is if they finance startup businesses! Don’t start filling out the application until you know for sure! more »

construction equipment

Why Businesses Should Lease Their Construction Equipment 

Why Equipment Leasing Is A Great Option For Construction Companies Equipment leasing is a great solution for construction companies that need new or used construction equipment. There are a number of advantages to choosing to lease your new construction equipment rather than obtaining a loan to purchase it outright. These include: Lower Cost. Compared to construction equipment loans, leasing has much lower upfront costs.  Most equipment leases will not require more »

small business equipment lease

Why Get A Small Business Equipment Lease

Starting a new business, or thinking about it?  If yes, then you may be confronted with the challenge of obtaining financing for your new business.   Many new business owners apply for small business loans and are surprised when banks either turn them down flat, or are only willing to finance even a small portion of the amount they are asking for. So how do small businesses get both the more »