Business Owners

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.

Have you noticed that there is a move toward optimism in real estate, and across the commercial and industrial landscape? We see it in increased demand ~ perhaps you do as well. When it comes to the great engine of economic progress in America, optimism breeds action. Action leads to investment and investment to growth. With that as back drop…

According to this article, “high growth of the telecommunication industry and increased prominence of the environment-friendly trenchless technology are expected to drive demand” and will help continue the growth of the industry as a whole from its estimated market size of USD 5.12 billion in 2014.

Let’s get this out of the way right off the bat – I’m a dog person. I can’t say it runs in the family though. On my mom’s side of the family, there are two households that have 2+ cats. Yes, we do get along, but the debate rages on… We all love our furry friends, no matter if we’re…

We also know that professional arborists require an assortment of gear to successfully complete their job – sometimes their safety depends on it (https://www.climbingarborist.com/blog_2lines.php). If you’re reading this far, you’re probably a professional arborist yourself, and you may be thinking about a few pieces of equipment in your arsenal that could use an upgrade, or maybe you’re ready to pick up some saws and pruners that you’ve been lacking. We certainly know that there are places out there that you can find a good selection of WHAT you need (like https://www.wesspur.com/) but we know acquiring your new equipment can be a pretty expensive ordeal. But you want to keep your business growing! Don’t let outdated equipment or a lack of equipment in general be what holds you back from success in your industry.