by JD Jenks | Apr 25, 2023 | Equipment Financing
Of all the companies in the U.S., 72% of them use some form of financing when acquiring essential business equipment. On March 30, 2023, CBS News reported five million businesses launched in 2022. Since the pandemic started three years ago, there were 15 million new...
by JD Jenks | Apr 19, 2023 | Equipment Financing
The news of recession is still looming, and big banks rallied to bolster smaller banks in light of the Silicon Valley bank run. We are starting to see the beginning of tighter credit restrictions—tightening harder with each real or anticipated interest rate...
by JD Jenks | Mar 20, 2023 | Equipment Financing
Small and medium-sized businesses (SMBs) play a crucial role in the economy. Without them, the economy would grind to a halt. So, why is it that SMBs often struggle to acquire the necessary equipment to operate and grow? Equipment financing provides a solution that...
by JD Jenks | Mar 7, 2023 | Business Advice
Small and medium-sized businesses (SMBs) rely on equipment to operate efficiently and profitably. Whether it’s for manufacturing, construction, healthcare, logging or forestry, restaurant, or printing, having the right tools and machinery is essential for your...
by JD Jenks | Feb 24, 2023 | Financing
When it comes to financing essential business equipment, it’s natural to focus on the hard costs, such as the purchase price, interest rate and repayment terms. However, there is another type of cost that is just as important to consider, yet often overlooked: the...