Jared Holmes

"App-only" gets thrown around a lot in equipment financing, and it doesn't always mean the same thing depending on who's saying it. Some lenders use it loosely. Some use it to mean something very specific. It's worth being clear about what it actually means here, because it changes based on deal size, and knowing that upfront can save time. Deal size isn't the only thing that affects documentation, though. The equipment itself matters too. We've written before about why some equipment...

Ask most business owners what matters most in a financing offer, and the answer comes back fast: rate. It's the number that gets compared first, argued over hardest, and remembered longest. It's also, on its own, not enough information to actually judge a deal. APR vs. Simple Interest The first place rate conversations go sideways is not knowing which kind of rate is actually being quoted. Simple interest is calculated on the original principal for the life of the loan. APR, or annual...

Equipment financing is the core of what we do, but equipment financing only solves one kind of problem. It doesn't help a business that needs cash flow to bridge a slow month, cover payroll during a growth push, or take on a short-term project before the next invoice clears. That is why we reached out to an old contact of ours and started offering capital and lines of credit. With other lenders buying lists and pushing daily or weekly payment products to anyone who will answer the...