Jeff Thon

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So far Jeff Thon has created 112 blog entries.
18 03, 2024

What Small Business Owners Need to Know About AI

2024-03-18T21:41:43+00:00

Many people equate the changes artificial intelligence (AI) will bring to the business world with those that occurred when software initially came on the scene, rendering many tried-and-true practices extinct. Although AI isn’t a new concept—the modern field of AI came into existence in 1956—significant progress has been made over the decades since then toward [...]

What Small Business Owners Need to Know About AI2024-03-18T21:41:43+00:00
5 03, 2024

Equipment Financing for Healthcare Companies

2024-03-05T02:05:37+00:00

The healthcare industry is facing a number of challenges in the post-pandemic era, including rising costs and slim operating margins. Trends predicted include investment and consolidation in digital health, adoption of artificial intelligence and improving cybersecurity. It’s also expected that providers will trim unnecessary expenses and focus on strategic labor investments.   One area where [...]

Equipment Financing for Healthcare Companies2024-03-05T02:05:37+00:00
27 02, 2024

Business Loans for Home Healthcare Companies

2024-02-27T01:26:31+00:00

According to 2022 data, nearly 58 million adults aged 65 and older live in the U.S., representing about 17% of the nation’s population—and that percentage is only going up. By 2040, seniors are projected to make up about 22% of all Americans. Combine those numbers with the fact that older Americans typically suffer from more [...]

Business Loans for Home Healthcare Companies2024-02-27T01:26:31+00:00
22 02, 2024

Equipment Financing for Veterinarians

2024-02-23T06:42:08+00:00

Veterinarians have been the beneficiary of many pet owners considering their dog, cat or other animal to be an important part of the family. In addition to providing routine healthcare services, improving medical technologies and procedures have enabled veterinarians to offer enhanced diagnostic tools to perform specialized medical procedures in-house—and grateful “parents” are happy to [...]

Equipment Financing for Veterinarians2024-02-23T06:42:08+00:00
20 02, 2024

Business Line of Credit for Plumbers

2024-02-20T19:53:20+00:00

Although there are close to half a million licensed plumbers in the U.S., small businesses dominate the industry, with 60% of plumbing companies employing one to four employees. With a low barrier to entry and lots of opportunity—an annual growth rate of 4% expected through 2029—working as a plumber or even starting a plumbing business [...]

Business Line of Credit for Plumbers2024-02-20T19:53:20+00:00
30 01, 2024

Business Loans for Timber, Lumber & Wood Companies

2024-01-30T05:55:56+00:00

The timber, lumber and wood industry has been on the upswing ever since the 2008 recession. Rising demand—coupled with a tariffs on Canadian lumber that began in 2017 and tree diseases affecting many lumber yards in Canada—has led to a decline in supply and opportunities for U.S. lumber companies. While many lack the capital on [...]

Business Loans for Timber, Lumber & Wood Companies2024-01-30T05:55:56+00:00
24 01, 2024

Business Loans for Health Practitioner Offices

2024-01-24T05:09:14+00:00

Choosing to set up a health practitioner office results in opportunities as well as challenges. Health spending is expected to grow 5.4% through 2031 and account for about 20% of the U.S. economy by then but there are some trends that will affect the business of healthcare, including the need for increased information security, greater [...]

Business Loans for Health Practitioner Offices2024-01-24T05:09:14+00:00
19 01, 2024

Business Loans for Residential Construction Companies

2024-01-19T05:24:07+00:00

According to a report focused on California’s economic growth in 2024, the state’s housing market is expected to rebound from 2023’s sharp construction slump, especially in the second half of the year, as lower mortgage rates and limited supply spur residential construction. Single-family construction is expected to lead residential construction; multi-family housing starts are expected [...]

Business Loans for Residential Construction Companies2024-01-19T05:24:07+00:00
20 12, 2023

Business Loans for General Auto Repair Shops

2023-12-20T04:12:46+00:00

The auto repair industry has recovered from the pandemic fallout—which saw the number of cars on the road plummet. Moving forward, four trends will be driving the industry forward: Older cars—Higher prices and interest rates have resulted in a decline in new car sales. People keeping their cars longer/racking up the miles—the average odometer display [...]

Business Loans for General Auto Repair Shops2023-12-20T04:12:46+00:00
13 12, 2023

Business Loans for Lawn and Garden Companies

2023-12-13T16:54:12+00:00

The lawn and garden market in the U.S. is huge, generating the highest revenue in the world: $129 billion in 2023. It’s projected that the market will experience an annual growth rate of 2.64% through 2028.   While there are some major players in this space, there are many more smaller businesses seeking to provide [...]

Business Loans for Lawn and Garden Companies2023-12-13T16:54:12+00:00
8 12, 2023

Business Loans for Concrete Companies

2023-12-08T05:43:02+00:00

The concrete business, which includes revenue generated by the sales of ready-mix concrete and precast products and elements, is valued at over $450 billion. The industry is being buoyed by an increase in U.S. government expenditures for development and reconstruction/repair of infrastructure such as roads and bridges, along with the uptick in commercial projects put [...]

Business Loans for Concrete Companies2023-12-08T05:43:02+00:00
29 11, 2023

Businesses Projected to Ramp Up Credit Use In 2024

2023-11-29T05:41:58+00:00

With a new year just around the corner, predictions about the landscape for business in 2024 have begun to pop up all over. One statistic we find especially interesting is that small and medium-sized businesses plan to increase their use of credit next year to support operations and fuel growth. Combine that with the reality [...]

Businesses Projected to Ramp Up Credit Use In 20242023-11-29T05:41:58+00:00
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