Equipment Financing

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
14 11, 2023

How to Benefit from a Section 179 Deduction This Year

2023-11-14T17:05:49+00:00

The phrase “tax deduction” is like music to all business owners—since who wouldn’t want to use a perfectly legal way to lower their tax bill? If you haven’t investigated a Section 179 tax deduction before, perhaps this is the year you should—since it can potentially lower your tax bill by thousands of dollars if you’ve [...]

How to Benefit from a Section 179 Deduction This Year2023-11-14T17:05:49+00:00
14 09, 2023

Manufacturing Business Loans

2023-09-14T13:38:36+00:00

The manufacturing industry in the U.S. is expected to see modest gains over the next few years but there will be some challenges for manufacturers to overcome. In addition to focusing on maintaining their supply chain and their workforce due to ongoing labor shortages, manufacturing operations must ensure they keep up with advancements in technology, [...]

Manufacturing Business Loans2023-09-14T13:38:36+00:00
22 03, 2023

Trucking and Transportation Equipment Financing

2023-03-22T03:20:55+00:00

Despite challenges such as high fuel and equipment prices, labor concerns, shipping rates, inflation and recession talk, trucking and transportation are set for a return to normality for the balance of 2023 according to industry experts. That is good news for owners of trucking and transportation companies, since trucking remains the most relied-upon freight transport [...]

Trucking and Transportation Equipment Financing2023-03-22T03:20:55+00:00
21 12, 2022

Federal Reserve Clamps Down On Inflation And The Impact on Small Business

2022-12-21T02:04:52+00:00

It’s no secret that inflation has been exceptionally high this year and the Federal Reserve has been taking steps to help tame it, specifically raising interest rates at an unprecedented pace. The hope is that rate hikes will temper demand for consumer goods and services by making it more expensive to borrow money.   There [...]

Federal Reserve Clamps Down On Inflation And The Impact on Small Business2022-12-21T02:04:52+00:00
10 11, 2022

How to Get Equipment Financing for Your Trucking Business

2022-11-10T02:10:53+00:00

While the trucking industry has faced its fair share of challenges, it remains an important cog in the supply chain—almost 70% of U.S. goods are carried from one state to another by trucks. Even though more than 5.8% of jobs in the country are related to the trucking industry, there is a shortage of truck [...]

How to Get Equipment Financing for Your Trucking Business2022-11-10T02:10:53+00:00
21 10, 2022

How to Get Equipment Financing for Your Construction Company

2022-10-21T03:47:23+00:00

While it’s no secret many economic indicators are decidedly negative, it’s not all doom and gloom. Prospects for construction spending on buildings have actually improved since the start of 2022; the mid-year update from the American Institute of Architects projected it to increase just over 9% this year and an additional 6% in 2023.   [...]

How to Get Equipment Financing for Your Construction Company2022-10-21T03:47:23+00:00
10 10, 2022

Equipment Financing For Your Dental Practice

2022-10-19T03:54:34+00:00

Two different statistics seem to suggest it may be a good time to upgrade or expand your dental practice. The first is the fact that there has been a decline in dental practice ownership—in 2005, just over 25% of dentists under 30 owned a private dental practice but that percentage dropped to 9.5% by 2021. [...]

Equipment Financing For Your Dental Practice2022-10-19T03:54:34+00:00
16 09, 2022

Equipment Financing For Businesses

2022-10-19T03:55:39+00:00

If your business requires a good deal of equipment to operate, you may want to consider looking into equipment financing as an alternative to paying upfront for everything. If you think equipment financing is a pipe dream, you are incorrect. Everyone’s situation is different, so decisions will be made on a case-by-case basis, but simply [...]

Equipment Financing For Businesses2022-10-19T03:55:39+00:00
15 06, 2022

Aesthetic Equipment Financing

2022-08-07T19:36:13+00:00

According to ReseachAndMarkets.com, the global cosmetic surgery and procedure market size is expected to reach $145.7 billion by 2030, registering a compound annual growth rate of 9.6%. This increase is primarily attributed to the popularity of digital photography, consumers’ rising need to boost self-esteem and the introduction of self-monitoring apps.   If you own a [...]

Aesthetic Equipment Financing2022-08-07T19:36:13+00:00
25 03, 2022

Pet Grooming Equipment Financing

2022-05-25T04:58:22+00:00

With millions of Americans considering their pets to be an important part of their family, you would expect that the pet grooming industry is pretty healthy — and you would be right. According to IBIS World, the market size of the pet grooming and boarding industry has increased faster than other services, and it stands [...]

Pet Grooming Equipment Financing2022-05-25T04:58:22+00:00
14 01, 2022

California’s Landmark Electric Truck Mandate: How It Will Affect Businesses

2022-01-14T03:37:42+00:00

Following on the heels of the Advanced Clean Trucks (ACT) Regulation approved by the California Air Resources Board (CARB) to accelerate the first wave of zero-emission trucks, Senate Bill 372 was passed last year to provide financial incentives for affected businesses. These measures aim to improve air quality and help the state achieve its aggressive [...]

California’s Landmark Electric Truck Mandate: How It Will Affect Businesses2022-01-14T03:37:42+00:00
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