Business Financing Tips

When you apply for equipment financing, you’re not just being judged on your credit score. Lenders look at a full financial picture, one that includes your business performance, the asset you’re buying, and even your industry’s risk profile. Understanding what underwriting actually looks for can help you prepare stronger applications, avoid unnecessary declines, and negotiate better terms. 1. Personal Credit: The Foundation of Small Business Lending Even though equipmen

For many business owners, especially in the trades and manufacturing sectors, bringing on outside investors can mean giving up control over how the business runs. Equipment financing offers a way to scale operations, upgrade technology, and increase production without diluting ownership or handing over decision-making power. Let’s explore how equipment financing can help your business grow without taking on investors. 1. Expansion Without Equity Dilution Investors bring

When most business owners think about equipment financing , they focus on the immediate benefit — getting the machinery, vehicles, or tools they need without a massive cash outlay. But there’s another angle that often gets overlooked: how equipment financing impacts your business credit profile . Your business credit isn’t just a number; it’s your reputation with lenders. And the way you handle an equipment loan or lease can directly affect how future lenders view your

If you’ve ever asked yourself, “Do I need a down payment to finance equipment?” —you’re not alone. It’s one of the first questions business owners bring up when looking at financing options. The short answer? It depends on the type of equipment, your business credit profile, and how the lender structures the deal.   Let’s unpack when down payments are required, why they matter, and how much you can expect to put down. When a Down Payment Is Required Most equipment le

When the federal government shuts down, many small business owners understandably panic—especially those pursuing SBA-backed financing. The truth is: yes, SBA loan processing is impacted during a shutdown, but there are steps you can take now to mitigate delays and keep your funding strategy moving forward. How SBA Lending Is Affected in a Government Shutdown 1. New SBA 7(a) & 504 Applications Are Paused During a shutdown, the Small Business Administration temporarily susp

When most business owners think about financing, they focus on rates, terms, and how quickly they can get approved. But those factors are...

When lenders evaluate a larger loan request (Usually over $250,000), two numbers often come up: EBITDA  (Earnings Before Interest, Taxes,...

Business owners often wonder: Is it better to save cash for equipment, or finance the purchase?  While saving may feel safer, in times of...

When most business owners think about loans, they assume short-term loans come with lower rates and long-term loans cost more. But...

When it comes to buying equipment, the focus usually falls on the machine itself—features, cost, and how fast it can be delivered. But...

For many business owners, buying used equipment is a smart way to stretch budgets while still getting the tools you need to keep...

When you’re running a business, one question comes up again and again: How do I get capital for my business?  Whether you’re just...

Marketing is often one of the first expenses business owners trim when cash gets tight. But here’s the catch: cutting your ad spend...

Working capital loans can be a powerful tool for small and mid-sized businesses. But just because an offer is available doesn’t mean it’s...

Every business has its ups and downs. For seasonal industries—like construction, landscaping, HVAC, or manufacturing—the slow months can...

Starting a new project inside your business is exciting. Maybe it’s launching a new product, adding a service line, or taking on a big...

For many business owners, growth opportunities are often tied directly to people. You might have new contracts lined up, an expanding...

When most business owners think of equipment financing, they picture tangible items — machinery, vehicles, or tools. But in today’s...

For so many of my customers in trades, manufacturing, or automation, offering financing to commercial customers isn't just a...

If you’re planning to invest in equipment or business upgrades this year, Section 179 might be your new best friend. It’s one of the most...