Entries by Specialty Funding

A good time to invest in upgrading equipment!

Section 179 and Bonus Depreciation may allow you to immediately depreciate capital expenditures Business owners usually prefer to deduct equipment cost in a single tax year, rather than a little at a time over a number of years. These deductions are known by their sections in the tax code, Section 179  and Bonus Depreciation deductions.  These benefits […]

Equipment Financing can be an important asset to a business owner

  Exactly What is Business Equipment Financing? Equipment financing is a type of small business loan used primarily to purchase business equipment like computers, machinery, vehicles or most any business equipment. Business owners may use the new equipment as collateral for the loan, making equipment financing a smart way to preserve on-hand cash.   What […]

Your Sales Team is Afraid of Price

Your Sales Team is Afraid of Price (Here is What You Can Do About It!)   In a sales presentation one of the hardest subjects is price. I rarely run into a salesperson or sales manager who does not want to discuss price. Arguments are varied, but “Price” is the most common reason for lost […]

Interest rates sure to rise this year

With interest rates sure to rise this year, is now the right time to borrow? If you’re going to need that money, you’d better think seriously about it.   You don’t need a crystal ball to conclude that interest rates will rise significantly in 2018 / 2019. If you think your business will need money […]

Rate isn’t always the best thing…

I’ve been lending to small businesses for quite a few years now and I’ve heard all kinds of questions about our financing products. How does the end of contract buy out work? What kind of credit do they need to have? What do you require for a down payment? Can I pay this contract off […]

Section 179 and Bonus Depreciation

Section 179 and Bonus Depreciation may allow you to immediately depreciate capital expenditures Business owners usually prefer to deduct equipment cost in a single tax year, rather than a little at a time over a number of years. These deductions are known by their sections in the tax code, Section 179  and Bonus Depreciation deductions.  These benefits […]

Adapting to the new normal with today’s Millennia’s

What changes make sense to keep your business moving forward in today’s environment with millennia’s? Automate Above all else, the action I’d take first would be to automate. I don’t mean to automate entry-level positions. Instead, I mean automate the menial and boring tasks so your entry-level employees can work on more meaningful tasks. Take […]

Helping you sell with financing options.

I believe that every quote you give your customer on price should include a monthly payment option. Putting the total deal with financing in front of your customer up front only makes sense.  Here are some of the upside benefits of selling financing upfront with your quote to your customer. Turn cash flow /budget objections […]