Financing Used Equipment: What Owners Should Know Before They Buy
The used tire changer and wheel balancer look like a good fit for the shop. They are well maintained, the price seems fair, and the retiring owner wants to sell now. But before committing, the buyer pauses: can a financing source approve used equipment, or does it...
When a Growth Opportunity Can't Wait: Using Working Capital to Move on It
The restaurant next door is becoming available. Your dining room fills up on busy nights, regulars ask about private events, and the space could give you room to serve more guests. The opportunity makes sense, but taking it on means paying for staff, opening...
Preparing for Your First Equipment Financing Conversation
If your business has never financed a piece of equipment before, the first conversation with a financing provider can feel like the hardest step. The good news is that it does not take a stack of paperwork to start, just a clear picture of what you are buying and why....
Why Equipment Sellers Benefit from More Than One Financing Source
For equipment manufacturers, distributors, vendors, and dealers, financing is part of the sales experience. A customer may be ready to buy, but the path from quote to completed sale can depend on having a financing resource that fits the transaction and responds when...
Completing the Sale When the Deal Falls Outside Your Financing Program
A customer has found the equipment they want. The sale is close, and the customer appears qualified. But you already know there may be a problem: the used truck is older than your financing program typically accepts, or the transaction is larger than its usual limit....