Asphalt, also known as bitumen, is a sticky, black and highly viscous liquid or semi-solid form of petroleum. It may be found in natural deposits or may be a refined product; it is a substance classed as a pitch. Until the 20th century, the term asphaltum was also used. The word is derived from the Ancient Greek ἄσφαλτος ásphaltos. en.wikipedia.org…
Members of the SLS Financial Broker Division will be attending & exhibiting at the NAELB Annual Conference in Memphis~ April 27 – 29. We assist brokers with underwriting their customers that may not fit into a traditional box, yet have a compelling story. The NAELB is one of the premier Associations for Commercial Equipment Brokerage organizations and we are delighted…
Let’s get the obvious out of the way – Funding for start-ups and new in business is much more difficult to obtain and rates are (usually) significantly higher as compared to established businesses. (Your bank and the SBA may be exceptions to this general rule.) Your best option, if you have adequate net worth and liquidity, may be your bank,…
There was a time when bankers really knew customers. They could make decisions at their desk based on more than just numbers. They were investors in your business that were in the fight with you—even when times were tough. De-regulation, consolidation, financial crisis, and now over-regulation and the banking world has evolved to a place where small businesses can struggle…
Here at SLS, we help redefine your Perceptions and show you the Possibilities of Equipment Finance.
Here is what we know! Drywall cranes are a vital, efficiency-enhancing, equipment purchase for organizations that sell sheet rock. From a lending perspective, they represent an outstanding collateral value because of their long life and strong resale value. Summary: This is must have equipment with a great collateral value and should be easy to finance with good credit. Let’s unpack the…
For years, professional automotive repair enterprises have appreciated the fact that equipment could pay its own way with leasing and financing. To that point … a myriad of commercial lending options have filled the space to finance all types of repair equipment. Equipment Leasing / Equipment Financing Solutions for ~ (examples only) Front-End Alignment Machines https://www.hunter.com/lift-racks Automotive Lifts / Truck Lifts …
So, you’ve been drawn to the freedom and flexibility of starting a franchise? Great choice! The mix of feeling like a small business owner, and having the structure and support of a larger corporation has drawn many franchisees to this career path. There are many benefits to being a franchise owner, but there are certainly some costs to consider as…