,

Business Credit

Since Business Credit Is Highly Unregulated Most Companies and Business Owners Are Unaware of How Important It Is Tracy Becker, FICO Pro CEO & President of Credit Restoration and Education at North Shore Advisory, Inc. Personal credit…

5 Myths About Leasing a Car

The Basics 5 myths about leasing a car Don't believe everything you've heard. For many drivers, leasing can be a better deal than buying. Here's what you need to know before you head into a showroom.   Leasing often gets a bad…
,

Banks vs. Independents

Although we have rates and terms very similar to their banks, many times our customer decides to use their bank as it is easier and they already have a line and relationship established with them. Really can't argue with that too much as…
,

Section 179 Update

UPDATE: 12/11/2014 Senator Nelsons’ office in DC. They do expect Tax Extenders bill to be voted on this week. No exact date and time set yet. Defense bill took priority today. Tax Extenders which includes Section 179 and allows for equipment/property…
,

Interest rates sure to rise next year...

With interest rates sure to rise next 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…

Is Business Credit Important?

  Business credit scores are the business equivalents of personal FICO scores, and are just as important. As with consumer scores, business credit scores play a big part in determining whether financing of all types will be approved.…
,

Small Business Loans: Are You Paying Too Much?

Chances are, as a small business owner, you know that getting a bank loan isn’t very easy these days. In fact, the number of small business loans in the United States still remains at below pre-recession levels. One big reason for this…

Section 179 Passes House, Goes to Senate

Congress extended Section 179 for 2014 by a vote of 263-155. The bill has been sent to the Senate. Section 179 of the tax code allows small businesses to expense the first $500,000 on purchases of qualified equipment, until they pass $2…

U.S. Companies Turning to Non-Bank Lenders for Credit

A notable share of U.S. small businesses and middle-market companies are obtaining credit from non-bank providers. The most troubling news for banks—and possibly for regulators: nine out of 10 companies that borrowed from these alternative…
,

Is Equipment Leasing The Right Choice For Your Business?

Simply put, equipment leasing is an alternative type of business loan. The leasing company buys and owns your choice of equipment and then basically rents it to you at an agreed upon rate for a specific number of months.   Traditionally,…