by Kara Rozendaal | Jul 8, 2024 | Equipment Financing, Financing, Vendor Financing
Amid traditional banking’s tightening credit conditions, many business equipment vendors and loan brokers are feeling the impact. Recent updates reported in Monitor Daily’s Q2/24 Bank Credit Pulse highlight several key changes among large banks that are affecting—or...
by Kara Rozendaal | Jun 24, 2024 | Business Advice
Did you know that many lenders are turning to automatic submissions and documentation for accepting equipment financing applications? Digital. Automated. Both words that are common today. However, once an equipment financing application is submitted, lenders often...
by Kara Rozendaal | Jun 19, 2024 | Business Advice
For small and medium-sized business (SMB) owners, the better you understand the equipment financing world; the better prepared you are to navigate it, especially if you have less-than-perfect credit. At Global Financial & Leasing Services (GFLS), a full-service...
by Kara Rozendaal | May 15, 2024 | Equipment Financing
Essential business equipment can run thousands to hundreds of thousands of dollars, requiring a significant investment and a major decision. Equipment financing offers a practical solution to obtain the equipment a business needs without the hefty upfront cash layout....
by Kara Rozendaal | May 8, 2024 | Equipment Financing
In the world where many feel like they are simply a number, there’s a unique approach that values people’s stories just as much as their credit score. It’s called “story lending” in the financing industry. A lifeline for business owners whose credit scores...