One maxim rings true in the intricate dance of running a successful enterprise: capital is king—or queen. Having a well-thought-out monetary plan that ensures your business remains liquid through the natural ebbs and flows of the annual business cycle is not just important; it’s critical for long-term success. Here’s why prioritizing capital management can spell the difference between growth and…
Boosting Customer Success Through Equipment Financing In today’s dynamic business environment, companies across industries face the challenge of balancing growth ambitions with the need to preserve cash reserves. Equipment financing has emerged as a powerful tool that not only helps customers acquire essential tools and machinery but also supports their financial health. Why Equipment Financing Matters Many businesses, particularly small…
Shopping for construction equipment can be a daunting process. After all, there are so many makes and models, along with a variety of configurations, that price comparisons can be especially difficult. A dozer might seem like a great deal until you see that it has 10,000 hours. Still another might be low hours but have a leak in the hydraulic…
If you needed a new personal vehicle and could only lean on your cash reserves, what kind of vehicle would you drive? In this case, you probably are not in the Premier edition truck with the cool liftgate or the E class Mercedes. But with financing…hey…lookout. Suddenly you have buying power beyond just what’s in your bank account. Your business…
In a recent survey of nearly 5000 equipment sales organizations, 73% of survey respondents were ‘somewhat dissatisfied’ or ‘very dissatisfied’ with their finance provider. Perhaps the most alarming part of the statistic is the trend. In 2018 the number was 65% and in 2017 it was 61%. This trend shouldn’t make sense…but it does. Finance companies are listening to you….
Business decision-makers know that a reliable path to new commercial equipment on a regular basis isn’t a luxury – it’s a necessity. That’s precisely why it’s so important to know the lay of the land, financing-wise, when it comes to replacing, upgrading or purchasing new equipment financing. Primarily, there are four viable options when look to finance new business equipment…
Your business is growing, but your credit isn’t great. We’ve seen it here before at American Equipment Financial Services. We’ve had business owners get in contact with us and ask about our credit requirements, assuming they wouldn’t even be approved. Some wouldn’t even apply had we not had some initial conversations to let them know that while credit can be…
So, our website probably looks a little different since the last time you visited, huh? We hope you like the updates! Aside from the visual changes, we added some extra services to our arsenal, one of those being our new PreQualification System. We’ve been around a while – we know how the process goes for business owners looking to acquire…
We hope you-all enjoyed a wonderful Thanksgiving weekend full of food and fun. Last week, the branches of SLS got together for our annual meeting in Kansas City, and had a little fun at Topgolf the night before. What a great way to start the holiday! Thanks to our guest speakers, and thanks to all of you for a great…
Today, we’re continuing our series of podcast shorts with our tenth episode, looking at a life cycle approach to equipment management and financing. (You can find our first episode on the credit evaluation process here, and the second episode on the benefits of pre-qualification here) Throughout this series, we’ll be covering bite-sized topics that will help you better understand our values…