The Secret to Business Success (One of Them)

By | Business Owners | No Comments

Warren Buffett (https://en.wikipedia.org/wiki/Warren_Buffett) has not grown uber-wealthy by taking unreasonable risk or investing in the latest and greatest emerging market companies. Not a chance! Rather, he has a formula – invest in companies that have a consistently good service & proven business model to offer their customers, both potential and current. He then looks for the BIG THING. The thing-of-all-things…

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Top 10 Reasons that Businesses Lease & Finance Equipment

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Today’s Lesson Why do businesses finance / lease equipment?   Commercial Lending is an ancient profession predating the current era (CE) by thousands of years. Here is a nice Wikipedia article if you would like more information on the history of banking. https://en.wikipedia.org/wiki/History_of_banking   With a long, long industry history as a backdrop …let us explore a more current topic. Equipment Financing…

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Insights about Equipment Leasing Rates & Equipment Financing Rates

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In the segment of commercial lending known as equipment leasing / equipment financing, rates vary widely. There are many traditional bank lenders active in this space for bankable credits with equipment financing rates that are what you would expect … close to bank rates. On the other end of the spectrum, we find boutique lenders that specialize in asset-based underwriting for challenging credits. These…

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Information about Equipment Leasing & Equipment Financing for Concrete Construction Equipment

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A blog serving the Equipment Leasing & Equipment Financing Industry while also analyzing related Business Loan / Commercial Lending Products & Practices Information about Equipment Leasing & Equipment Financing for Concrete Construction Equipment Concrete construction equipment is typically fairly easy to finance or lease, if you know how to go about it. With new construction booming in many areas and certainly…

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The best equipment leasing and finance companies in the U.S.

By | Business Owners, Equipment Sales Teams | No Comments

A blog serving the Equipment Leasing & Equipment Financing Industry while also analyzing related Business Loan / Commercial Lending Products & Practices Meet Doug below ~ While there are many organizations that fill various needs in the financial services industry, there are some great lenders with compelling business propositions. This list is not exhaustive, but it may be helpful to…

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Terminal Tractor / Yard Hostler / Spotting Tractor Financing & Leasing

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One of the unsung heroes of the material handling and warehousing business are Spotting Tractors. A great and worthy addition to the terminal, warehousing, and trucking environment. Here is a link to one of the ‘Made in America’ manufacturers: https://ticotractors.com/home/ Tico Tractors is part of Great Enterprise & their product innovation is born from their own experience in the terminal environment….

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Planning for Rising Interest Rates

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Perhaps interest rates are going to increase this year and next ~ but don’t be alarmed. Rising Rates are a good thing. Interest rates, often, have a way of letting us know how our economy is actually performing. If rates are historically low, that is arguably a strong indicator that our economy is weak. To that end, most doubt that…

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Never use working capital to finance equipment. Here’s why…

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There are some really innovative small business working capital providers breaking through in the market today. While caution must be used to ensure proper use, they fill a void where banks are no longer meeting the need. In light of these solutions, we are hearing more often that they are, somehow, viable alternatives to more traditional equipment lending, especially in…

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Can you afford to keep using outdated equipment?

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There is a “person” in your phone that answers your questions. Amazon seems to read your mind when you land on their website. Some cars even parallel park for you. Often, people think of companies like Google and Apple when they think of technology innovation, but in business, technology advances extend far beyond the mobile devices and websites. Commercial equipment…

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Benefits of Pre-Qualification for your Equipment Financing

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A quick pre-qualification program can: Help you focus on only the equipment you can afford, rather than wishing. Let you consider more equipment once you see how affordable one item might be. Allow you to shop and negotiate with confidence in the buying process. Help eliminate the uncertainty and anxiety in the process. Many small business owners spend significant time…

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