The Unsung Hero of Equipment Financing: A Fast “No” Why a Fast “No” is a Dealer’s Best Friend Imagine you’re a sales rep. You’ve got three hot leads on your desk, one old coffee, and exactly 23 emails waiting for a reply. You submit a financing app and… crickets. Days go by. The buyer’s enthusiasm wanes. Meanwhile, that machine is…
Understanding the Difference Between Equipment Leases and Equipment Finance Agreements (EFAs) When it comes to financing equipment, businesses have a variety of options available, with two of the most common being equipment leases and equipment finance agreements (EFAs). Both offer unique advantages depending on the business’s needs, financial position, and tax strategies. Despite the differences in structure, it’s important to…
Cut Costs, Not Quality: How Fiber Laser Cutting Machines Can Build You a Side Hustle That Pays for Itself Ever dream of making extra money without spending your own cash upfront? That’s no longer just wishful thinking—it’s a proven strategy when you combine the power of a fiber laser cutting machine with smart equipment financing. From custom signage to engraved…
Not All Title Agencies and Lenders Are Created Equal: What Real Estate Investors Need to Know When it comes to real estate investing, you’ve probably heard the phrase “you make your money when you buy.” While that’s true, who you work with during the buying process can make or break your deal just as quickly. Title agencies and lenders are…
7 Pro Tips for Buying Equipment from a Private Party Seller Let’s be honest — buying equipment from a private party can feel like a Craigslist gamble. One day you’re scoring a great deal on a used backhoe, the next you’re explaining to your accountant why a guy named “Big Mike” disappeared with your money and the machine. But done…
The Cost of NOT Acquiring Equipment: Why Waiting Could Cost Your Business More Ever tried fixing a leaky faucet with duct tape? It might hold for a little while, but sooner or later, you’re standing ankle-deep in water, wishing you had just called the plumber. The same logic applies to running your business without the right equipment. You can make…
The Truth About What Buyers Really Care About Let’s be honest—if every lender actually had the lowest rates, the fastest approvals, and the easiest process, getting financing would be as simple as ordering a pizza. But we all know that’s not the case. Instead, buyers are often bombarded with exaggerated promises, only to find themselves stuck in a confusing, paperwork-heavy…
Unifying Payment Options with SLS: Lease-to-Own and Traditional Financing for Equipment Dealers and Business Owners Ever tried buying a piece of equipment only to feel like the bank is judging your credit score like a reality TV show panel? “We love your enthusiasm, but it’s a no from us.” At SLS, we believe that everyone deserves a shot at ownership—no…
Small Trailers, Big Business: How Utility Trailers Unlock Revenue Opportunities for Small Business Owners For entrepreneurs and small business owners, the right tools can make all the difference in turning an idea into a thriving enterprise. While many think of high-tech equipment or large machinery as essential business assets, one of the most powerful tools for business success is much…
How to Create Revenue with Quick and Easy Equipment Financing In today’s gig economy, creating a steady stream of entrepreneurial pursuit income is more accessible than ever. One of the best ways to generate revenue is by leveraging equipment financing to acquire tools and machinery that would otherwise be cost-prohibitive. Instead of renting equipment for each job, financing options like…