Online Lending Means the Bank's 'No' is Not the Last Word Any More

When many think of online lending, they think of loan sharks, payday loans, or scams. They define online lending by early products like MCAs (merchant cash advances) or short-term loans and write the industry off under the assumption that all…

What the government can do to help small business.

Access to Capital for Small Businesses The driver of capitalism is, of course, capital. So, it makes sense to make it easier for small businesses to obtain capital to aid in business expansion. It is important that lenders behave responsibly…
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Your Business Credit Score Can Impact Funding Terms

Good business credit can help you qualify for more credit at lower rates and have a positive effect on your repayment terms. Lenders consider a number of factors before deciding whether to help fund your business needs. Amongst these factors,…

Equipment financing at the end of the year

The fourth quarter is the perfect time to begin planning for the coming year. In addition to profits, losses and sales projections, business owners should consider acquiring new or updated equipment before the end of the year to take advantage…

Consumers in, Businesses out.

A new survey from the Federal Reserve System has found that during the fourth quarter of 2015, a number of banks moderately eased lending standards for some consumer loans while tightening standards for a number of business loans. According…
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Why Are Asset-Based Loans for Smaller Businesses So Expensive?

An inside look into the cost structure of asset-based loans compared to commercial bank loans, and whether or not predatory pricing practices are at play. Many smaller businesses don’t qualify for bank financing, their credit scores…
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Great News! Section 179 Signed into Law

Great News! Section 179 Signed into Law Applies to 2015, if Delivered this Year Under current legislation, the bonus depreciation is extended through 2019. This allows businesses to apply a 50 percent bonus depreciation to any equipment bought…
Construction equipment financing
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Should I get equipment financing?

Depending on your industry, you may need to regularly purchase equipment for your business. This can get expensive. And for most of us, dropping a bunch of cash at once isn’t really practical. These days, more small business owners than ever…

Why Is Each Credit Report Different?

When viewing your credit reports you will notice some accounts differ for each credit bureau. Some accounts will have different information between credit bureaus while others may not even appear on all three reports. The reason reports differ…
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I FINANCE BUSINESS EQUIPMENT

My marketing people say I don’t often enough let people know what I do. For those of you who know me you know what I do so this is a reminder. For those of you who don’t know what I do here’s a little secret. “I FINANCE BUSINESS EQUIPMENT”…