Business Owners

  Equipment needs? We are going to explain our simple, uncomplicated financing calculator. Along the way we hope to raise your awareness of your financing options. First a little background ~ They say knowledge has the right answer. Intelligence is asking the right question. Working with a large number of small businesses over a wide variety of industries seeking the…

SLS Financial was tapped to write an article for Concrete Homes Magazine. See our take on the Secret to Financial Success. We were happy to have the opportunity to share some knowledge, and appreciate Concrete Homes Magazine for giving us a space to share our uncomplicated vision.

It’s back! A solid building economy has returned and we expect & hope that this will be sustained well into the future. For foundation contractors, this may mean the purchase of Aluminum Concrete Forming Systems, trucks, cranes, trailers, etc. We also offer Business Loans for Basement Construction Companies in need of working capital. While these systems may be problematic collateral…

Trends have a way of continuing ~ usually for long periods of time. Think about it ~ the American Economy is a very, very large ship and it takes time to make shifts. However, a shift has indeed been made. The prime interest rate has increase 4 times in the past couple of years – including twice since our last article on…

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

There seems to be a consistent subject on the rise in the news recently. Automation, automation, automation! From kiosks, to industrial robots adding that extra umph to an assembly line, robotics are continuing to make their way into the mainstream. Don’t just take our word for it! The Robotic Industries Association, the industry’s trade group, put out a few statistics…

More than 4 in 10 small business owners would prefer NOT to finance equipment with their bank. While you might jump to conclusions about the reasons businesses look for alternative sources of equipment financing, you might be missing the point—preserving working capital relationships. Banks are getting pretty beat up these days. While there have been a few bad actors, the…

Growth stories are cool. Businesses finding ways to solve a problem in a unique way that leads to new revenues and growth—now those are the kids at the “cool table”. As businesses look at their strategic and tactical plans for growth, here’s a thought that might help them be one of the cool kids: Small businesses are 4 times more likely to describe their business as “growing” if they finance equipment over paying cash.