Monthly Archives

August 2017

Breaking down the credit mystery: Character

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Breaking down the credit mystery: Character Every day, our staff spends time educating business owners on the impact of their credit on finance needs. In this heavily financed world, there is still a great deal of mystery to most small businesses around how financial institutions evaluate them. So let’s unpack the core components of credit decisions (called the five “C’s”…

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Business Loans & Equipment Leases for new businesses and the more challenging credit composite

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What’s your rate?  Great question ~ and let’s face it, yields for non-traditional borrowers are indeed higher – and justifiable so. But don’t let a higher cost of capital deter your desire to make big things happen in your industry. The equipment or capital is what matters most.   Most businesses count on new equipment and capital to increase revenues, win…

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A Comprehensive Guide to Excavation Equipment Leasing and Financing Options

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Here is what we know! Updating excavation equipment is favorable when wishing to increase the efficiency and quality of your fleet.  From a lending perspective, earthworks equipment represents an outstanding collateral value because of their long life and strong resale value. Summary: Underwriting for excavation equipment and earth work equipment should be relatively easy to finance with good credit. Let’s…

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Understanding the Financing Process

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Purchasing capital assets is an integral part of every business. Whether the purchase be for a replacement, or for future sustained growth, you have put in the time researching, testing, and comparing countless pieces of equipment to find the one that best fits your business. Now here comes the fun part… the actual transaction of purchasing the equipment. There are…

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Most small business owners are NOT finance experts. It’s ok to ask for help.

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Perhaps you’ve probably been a little underwhelmed by how little some finance alternatives may know about your business. Sure, they can talk about blended interest rates and residual values or even operate a funny calculator that uses something called reverse polish notation. Yes—that’s really a thing. But what they can’t seem to do is “get” you. Because of this, business…

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