Posted 06.25.2019

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 04.30.2019

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 02.01.2019

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 09.06.2018

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 07.20.2018

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 01.08.2018

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...

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Posted 12.18.2017

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...

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Posted 11.01.2017

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...

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Posted 10.04.2017

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 09.06.2017

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...

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