7 Wells Fargo Equipment Financing Alternatives For Small Businesses
What is the best option to finance equipment? Please share your story of how you have financed equipment in your business. To help your business with equipment financing, we asked business leaders and small business owners this question for their best tips. From equipment financing specialists to North Star Leasing, there are several tips that […]
What is an Equipment Finance Broker? 7 Things Equipment Leasing Brokers Do
What is an equipment finance broker, and how has a broker helped your business? An equipment finance broker may not be the first person an entrepreneur seeks out to add to their professional network. But, when an entrepreneur needs financing to help secure equipment, a finance broker can significantly help a business. To help small […]
8 Things To Know About Medical Equipment Leases
There’s certain situations in life where, looking back, you wish you knew more than you did before taking action. Entering into a medical equipment lease is one of those life situations. It is a good idea to be well equipped with information before signing on the dotted line. What is one thing companies should know […]
New vs. Used Business Equipment Financing: 8 Things To Consider
The decision to finance equipment must address one key decision: new or used? Every business owner evaluates the pros and cons of new versus used equipment. But, every business owner isn’t an equipment financing expert. To help in making the decision of whether to buy new or used equipment, we turned to other business owners […]
Small Business Equipment Loans: 7 Things To Know Before The Paperwork
For many entrepreneurs, it can be overwhelming to think about all the elements needed to get your business off of the ground. Oftentimes, things like rent, furniture, technology, etc. add up and require a huge initial investment on the owner’s part. Because of this financial burden, many look to small business equipment loans to help […]
9 Things Small Businesses Can Finance With an Equipment Loan
When you think of financing equipment, what do you think of? Forklifts? Cranes? You probably consider all kinds of heavy machinery, but there are other types of equipment you can finance that a small business may use. To understand what some practical pieces of equipment are that small businesses can finance with an equipment loan, […]
10 Equipment Financing Tips For Startups
Running a startup is, in itself, a challenge. You might have minimal experience or be low on funds. You might even need to purchase equipment for your startup. Being new to the world of equipment financing can be daunting, with so many different options and risks to take. How do you know you’re making the […]
8 Questions To Ask Equipment Financing Company Other Than, “What’s The Rate?”
Are you looking to take out an equipment loan? Financing equipment can be a challenge. Between finding the right equipment and dealing with contracts, there are so many options to choose from. Before you do so, it’s important to have the right information. We asked eight thought leaders to share which questions should you be […]
WHAT IS EQUIPMENT FINANCING AND LEASING?
Unsplash When a small business wants to obtain new equipment, there are a couple of different ways to do so. You have the choice to either lease or finance an equipment acquisition. For many years, the two methods were very different from an accounting standpoint. However, due to recent changes to the Generally Accepted Accounting […]
EVERGREEN CLAUSES
When you enter into a leasing agreement or other financial contract, it’s crucial to know exactly what you’re signing up for. While an evergreen clause may look standard and harmless, it is a loaded financial tool that can potentially harm your finances. Protecting yourself and your business from detrimental financial deals begins with getting informed. […]