Great by Choice (pt. 2) You can find our last post in the Great by Choice series here: Fanatic Discipline (20 Mile March) One of the first books our employees are given on their first day at SLS is “Great by Choice” by Jim Collins and Morten T. Hansen, which looks at why some companies thrive in uncertainty and chaos,…

Thank you for visiting our blog! We know you probably won’t be visiting our site every day, so if you would like to stay up-to-date on our blog posts, follow us on social media! Though we have a number of industry-specific posts, we like to highlight many business-enhancing tips that we know you will find useful in the long run….

Breaking down the credit mystery: Conditions As we continue to unpack the core components of credit decisions (called the five “C’s” of credit) in a series of short articles that remove the mystery and arm you with the information to succeed with financing, it is important to understand that your surroundings matter. Today we are looking at “Conditions”: The Economy…

The fall season is finally here. Fall is unquestionably the best time of year. The long 7-month wait for football to return is over, perfect weather makes for excellent cookouts with friends, Thanksgiving allows us to stuff our faces alongside our loved ones, and yes, of course, the return of pumpkin spice everything. However, looking forward, in only a few…

Great by Choice You can find our next post in the Great by Choice series here: Empirical Creativity (Fire Bullets, Then Cannonballs) One of the first books our employees are given on their first day at SLS is “Great by Choice” by Jim Collins and Morten T. Hansen, which looks at why some companies thrive in uncertainty and chaos, and…

We always like staying on top of the latest news for the industries we work with, so we were happy to receive the August issue of Pumper magazine (the Midwest edition) which focuses on the liquid waste industry and the various equipment types the industry employs – you can find their website here. There are so many exciting developments and…

Have you ever thought … The financing process is too hard. It’s a game where I feel like my lender is an adversary. Financing takes too long and makes me feel like I’m on trial. These are just some of the comments that emerged from recent third party research about financing for small businesses. And if you have ever felt…

The offices of SLS Financial Services (Kansas City, Sioux Falls, Pratt, Seattle, Houston, Minnesota) will be closed on Monday, September 4th to honor Labor Day. We hope you and yours have a safe and fun holiday! We will be back on September 5th to help you with your equipment lending needs. In the meantime… Did you know that Oregon was the first…

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”…

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…