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…
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…
Why Unifying Your Payment Options with a Single Partner is the Superior Choice In the world of equipment sales, financing is a critical component of closing deals. Many dealers rely on multiple lenders to cover the full spectrum of customers—some lenders specialize in prime credit, others in startups, rent-to-own options, or large corporate clients. While this approach seems logical on…
How to Get the Best Price on Used Equipment—And Why Fast Financing Matters Buying used equipment can be a great way to save money while still getting the machinery or tools you need for your business. Whether you’re in construction, trucking, agriculture, or any other industry that relies on heavy equipment, scoring a great deal on a well-maintained used piece…
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…