If you make your equipment easier to pay for, more people will buy it. The previous sentence is not a famous quote. It’s not a parable or the end of some tale, spun by some unrealistic self-help book. It’s a truth. A fact. It’s like saying the sky is blue or that kids like Easter candy. Leading with a payment…
Dump Trucks provide their owners great opportunities for growth and success. Often a lender that understands the asset can help make a difference ~ especially when considering acquiring a used Dump Truck. Rates and terms for used dump truck financing vary greatly from 2 – 5 years, depending on the age and condition of the asset. Rates depend on these…
It is an undisputed given that most all upscale hoteliers provide complimentary ground transportation for their clientele. It’s just a fact. The question that management must address is to how best to fund this expenditure: A Lease? Which structure? Traditional Loan? Cash? FINANCIAL REVIEW Let’s unpack this to help understand the options and address the ultimate questions to answer. Let’s…
We have written before on some of the good reasons to finance equipment ~ from cash flow to positive tax benefits. Here is a fun infographic that presents some of the many reasons to consider equipment financing as a business growth tool.
Even a red hot real estate market presents hurdles ~ like where to obtain capital? While there are banks that will help good credit & well-experienced real estate professionals ~ these options can be a bit cumbersome in the early stages. As the relationship is developed, bank rates make this exercise worthwhile in the long run … if your credit…
When you are in the market for new or used logging equipment, the question that must be asked and answered (sooner or later) is “how am I going to pay for this?” If you don’t have a cool $50,000, $100,000, or more sitting around then you should find a lending partner, and it should be a good one – that…
Uncomplicated Commercial Lending for the More Complicated Credit Composite Let SLS help you expand your funding arsenal for credit-worthy applicants who simply don’t fit traditional underwriting molds. Consider our funding options for the following credit composites ~ among others: B/C Credits ~ good companies that have overcome challenging credit circumstances & need business capital to move forward ~ faster. Commercial…
Warren Buffett (https://en.wikipedia.org/wiki/Warren_Buffett) has not grown uber-wealthy by taking unreasonable risk or investing in the latest and greatest emerging market companies. Not a chance! Rather, he has a formula – invest in companies that have a consistently good service & proven business model to offer their customers, both potential and current. He then looks for the BIG THING. The thing-of-all-things…
Today’s Lesson Why do businesses finance / lease equipment? Commercial Lending is an ancient profession predating the current era (CE) by thousands of years. Here is a nice Wikipedia article if you would like more information on the history of banking. https://en.wikipedia.org/wiki/History_of_banking With a long, long industry history as a backdrop …let us explore a more current topic. Equipment Financing…
