Are small business loans based on personal credit?. Uncover insights into whether lenders consider personal credit scores when assessing loan eligibility for small businesses. Navigate the intricacies of securing financing with our comprehensive guide.
Smart business owners know how to leverage equipment to finance their businesses. Most business owners start at their bank when seeking funds for their business. They should do this if the cost of the capital is the most important. The bank loans your own money back to you. Banks minimize risk this way. What happens […]
The right sale-leaseback lender may be tough to find. In addition, it’s not a sexy business. Furthermore, it’s not high velocity and quick turns like a cash advance company. However, it’s also not stodgy and condescending like most bank institutions. It’s right in the middle. Just like the program itself. Rates and the time to […]
Story: The case for collateral as security deposit with equipment leaseback is a construction company owner. However, a stroke of bad luck took a severe toll on his finances. As a result, he couldn’t focus on his business due to difficulties. His legal adviser explained the best way was to file for bankruptcy. Image Credits: […]
Image Credits: Pexels Story: A trucking company owner dreamed of expanding his business and wanted to take it to new heights, one asset at a time. The aim was to increase revenue with equipment leaseback and then he would be able to live a life he imagined. His trucking company could move larger goods within […]
How Does an Equipment Leaseback Program Work An equipment leaseback program is a very helpful program for businesses that need funds and are willing to pledge equipment for it. Raising funds is not so easy for businesses. The common options available are getting a loan or using a line of credit. These options are tough […]
If you are running a business, then there are many resources you need to successfully run it. One of them is equipment. If you have a manufacturing business, you need machinery and equipment. Every business needs equipment that includes basic requirements like computers, printers, photocopiers, etc. Equipment can be expensive, and you would probably be […]
If your business has equipment, did you know you could get financing on it? Yes, you can monetize any equipment you have to get money. A business would have funds requirements that can be planned or unplanned. Finding sources of funds is a tough job. While one can get loans or lines of credit, these […]
Do you own Sale Leaseback Financing for Tow Trucks or have a fleet of tow trucks? Do you need cash to finance business expansion or working capital? Are you having difficulty getting a loan or line of credit? If so, then a sale and leaseback of your existing tow trucks is a good option to […]
Equipment sale leaseback hard money may be the perfect solution for small businesses in need of immediate cash flow. This type of financing allows businesses to sell their equipment and then lease it back, using the proceeds from the sale as working capital.
The advantages of this type of financing are numerous. First, it provides businesses with much-needed cash flow when they need it most. Second, it can be used to finance equipment that may be otherwise difficult to purchase outright. And third, it can be a way to free up some much-needed working capital.
If your business is in need of immediate cash flow, equipment sale leaseback hard money may be the perfect solution. Talk to a financial advisor today to see if this type of financing is right for you.