Working in the equipment finance industry and underwriting loan requests for credit for 20+ years, I’ve seen my fair share of credit submittals. One of the questions that often gets asked by...
It seems like everybody does it, because I see this all the time. The typical go-to strategy for obtaining equipment financing is “rate borrowing”, which focuses on negotiating the lowest interest...
One of the current challenges facing our customers is the driver shortage. Finding people who actually hold CDLs (commercial driver's license) is the short-term challenge, but finding people who...
Recently, Commercial Credit Group’s Dan McDonough was invited to contribute an article to Construction Executive magazine, and he responded with a thought-provoking piece titled "Find the Hidden...
Last week, I had the pleasure of attending SOUTH-TEC, a regional manufacturing technology event, held in Greenville, South Carolina. As a provider of financing for manufacturing equipment, our...
In the busy day-to-day world of running a business, why should you take time off to attend a trade show, exhibition or conference event? To help you run a more effective, efficient and profitable...
If you’re a hauler seeking to expand your business, you typically need to gain access to working capital to fuel your growth. There are several waste equipment financing options that you can use...
Reluctant to buy new equipment because of your existing debt load? We get that. It’s not good business to overextend yourself. But sometimes it’s possible to improve cash flow, consolidate...
In 2007 I was introduced to a trucking company in the Chicagoland area. I assisted them with financing the purchase of equipment from an unrelated trucking company. The deal closed successfully...
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