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Posted March 13, 2020

Having worked in equipment finance for more years than I care to admit, I’ve seen a LOT of transactions. Some have been fairly straightforward and simple, some have been extremely complicated, and...

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Posted March 04, 2020

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...

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Posted December 30, 2019

When it comes to financing equipment, many companies use their local bank or credit union. Companies tend to have relationships with these institutions because they handle checking and savings...

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Posted October 24, 2019

Business growth comes in many forms. Winning new customers to grow your customer base. Selling more products to your existing customers. Purchasing a new company to expand your capabilities. And...

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Posted July 25, 2019

Along with the pressure caused by the national driver shortage, ELD regulations and continued detention rate issues, transportation companies are now feeling the effects of low freight rates. In...

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Posted July 15, 2019

Reluctant to buy new equipment because of existing debt load? We get that. It’s not good business to overextend yourself. But sometimes it’s possible to improve cash flow, consolidate existing debt,...

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Posted June 25, 2019

When discussing an equipment loan, many companies begin with the question, “What is the interest rate?”. What most people don’t understand is that interest rate is actually a very small component...

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Posted April 30, 2019

You’ve determined that your business needs a new piece of equipment. Great. You’ve already found the perfect machine – it’s shiny and new (or maybe shiny and used), but you don’t have cash to pay...

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Posted March 21, 2019

We’re all familiar with the phrase “save for a rainy day”, which basically cautions us to reserve capital for some future, as-yet-unknown, need. While many businesses do have some cash reserves,...

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Posted February 01, 2019

When it’s time to purchase equipment for your business, there are a few things to consider before you shop. If you take time to evaluate these three things you will better prepared for the search...

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Posted January 22, 2019

With growing freight demands and a shortage of drivers, transportation companies are forced to come up with alternative solutions to keep up with business and stay competitive. The booming economy...

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Posted September 06, 2018

When I was growing up, my parents bought a brand-new car every 2-3 years. They always paid cash and they always got top dollar for their trade-ins. My dad credited his ability to get top-dollar to...

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Posted August 13, 2018

Aesop tells the story of an ant and a grasshopper and how the ant worked diligently through the summer to store up food for the winter, and how the grasshopper showed up at winter asking for food,...

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Posted July 20, 2018

Reinvesting in your business can improve your position in the extremely competitive manufacturing industry. While some smaller shops can manage their business with entry level equipment, we are...

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Posted June 18, 2018

Financing equipment can be confusing, especially when you begin evaluating the options for financing terms. But it doesn’t have to be difficult. Here are a few questions you should ask to better...

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