Posts Tagged: small business financing

Grab-and-Go Accents Illustrate Demand for Easy, Inexpensive Home Goods

When shopping for furniture, bedding, rugs and home decor, modern customers want their items quick and they want them cheap. In general, shoppers aren’t visiting multiple showrooms to make comparisons before custom-ordering a room full of furniture and then waiting months for delivery. Today’s shoppers pick up occasional pieces and grab-and-go items like accent chairs… Read more »

Equipment Loan vs. Equipment Lease: What Makes Sense?

Getting the tools you need for business should not leave you cash-strapped. Equipment financing can equip your business for success by keeping working capital in your hands. Paying cash for a piece of machinery requires paying in full before the machinery is productive and able to contribute to your revenue. Whether you choose to finance… Read more »

Fair market value (FMV) lease vs. $1 buyout

Equipment costs money, and businesses need essential equipment. Leasing options allow you to spread payments over time and keep your cash in hand. According to the Equipment Leasing and Finance Association, nearly 8 in 10 businesses finance equipment, utilizing loans, leases and lines of credit. Equipment loans and lines of credit are an option for… Read more »

Define Your Financial Goals for 2017

The greatest basketball player of all time once said, “You have to set your goals before you can achieve them.” Even with his incredible talent, Michael Jordan recognized the importance of setting clear goals. Most businesses want to increase profitability, help their employees become more productive, or additionally, take a greater share of the market…. Read more »

Sound Financial Systems: Help Small Businesses Succeed

Control and confidence vs. chaos and stress. This is the teeter totter of owning and managing a small business. Entrepreneurs gain a mastery of their small businesses when they make financial management systems a priority. There is strength in knowing the numbers, and where a business stands day-to-day. This information positions owners for big-picture planning,… Read more »

What Type of Lender is Right for My Business?

When business owners or executives first realize the need for working capital, it can be difficult to know where to start. People often ask, “Should I call my local bank? What about non-traditional lenders? What’s the difference between the two?” We hear this all the time, and wanted to provide a resource to help! We… Read more »

Four Ways to Know if a Business Line of Credit is Right for You

Starting a new business is not the only time an entrepreneur may look for help with financing. Some small business owners—especially those who operate seasonally—experience fluctuations in cash flow throughout the year. A line of credit can help to smooth over the ebb and flow of sales and cash flow throughout the year. A business line… Read more »