News
Companies Obtaining Heavy Equipment Lease and Purchase Financing in Response to Infrastructure Bill Passage
In November of 2021, the House of Representatives passed the Senate version of the Infrastructure Investment and Jobs Act (IIJA) and President Biden signed it in to law. Not only does IIJA’s passage mark the biggest investment in the U.S.’s infrastructure since the...
2022: The Year of Working with Equipment Financing and Accounting Professionals
The Global Financial & Leasing Services (GFLS) team works with business owners across the country who operate companies in a wide variety of industries. While their products and/or services can be quite different from one another, there are universal truths that...
Global Financial & Leasing Services Shares Employment Scam Warning
Employment scammers use the same techniques to post job listings online as legitimate businesses do. They use ads on social media, job websites and other platforms. When an applicant shows interest, they use that as a way to access personal information and even money....
Yes, Virginia, Companies Really Do Believe in Vendor Financing
From startups to global corporations and from cash-flush to cash-strapped companies, they all take advantage of and benefit from vendor financing. In fact, the Equipment Leasing and Finance Association (ELFA), reports nearly 8 out of 10 U.S. companies rely on some...
Think Equipment Financing Before Dipping into Cash Reserves
We’re heading into the home stretch of 2021, a popular time of year for business owners to acquire essential equipment. Fourth quarter is an opportunity to take advantage of end-of-the-year sales, deduct the expense on this year’s taxes, be better prepared for...
Do You Have Skeletons on Your Business Credit Report?
The Time to Find Out is Before Applying for Equipment Financing For small business owners, your personal credit history plays a role in obtaining essential use business equipment financing. However, lenders also draw a correlation between your personal credit history...
Taking the Mystery Out of Applying for Equipment Financing
With the Right Lender, the Process isn’t Scary Our team at Global Financial & Leasing Services (GFLS) has heard some pretty scary stories about the process for applying for equipment financing with other lenders, not to mention awaiting credit decisions. The...
How Vendors are Becoming an Attractive Source of Equipment Funding
Borrowers are Seeking Vendor Financing, and Vendors are Seeking Reliable Partners Consumers today expect financing options. Long gone are the days when banks were the sole source of funding. In fact, some would argue that big banks have held on so tightly to the old...
A Two-Step Approach to Heavy Equipment Financing
It Can be Easier Than You Think to Get the Heavy Equipment Your Business Needs The construction job calls for heavy equipment, maybe a backhoe, skid steer, dump truck or any other type. Perhaps you won a contract, you’re growing the business or you’re replacing or...
Why Your Business Should Switch to EMV
EMV Protects Your Company and Your Customers Over the past decade, a small microchip has been added to the right side of bank and credit cards. Instead of swiping this card, users insert the microchip into a reader to pay, or they may also be able to simply tap their...