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 | Jan 9, 2023 | Business Advice, Equipment Financing, Industry News
For many people, the new year is a time for setting personal resolutions. Yet, statistics indicate most people let theirs slide by the end of February. For business owners, it’s not only the start of a new year, it’s first quarter—a time to kick off year-long sales...
by JD Jenks | Dec 15, 2022 | Equipment Financing, Financing
You Still Have Time For Financing It’s a time sensitive issue. You’d like to obtain essential business equipment, and you want it on the books for 2022, lock in a lower interest rate before rates rise or both. Time is running out, and considering how long it takes for...
by JD Jenks | Nov 20, 2022 | Equipment Financing, Financing
Your construction company needs heavy equipment. Maybe you’re expanding, want the opportunity to bid a certain project, or intend to competitively position your company for earning government contracts associated with the Infrastructure Investment and Jobs Act (IIJA)....