Sales are increasing. Customers are buying. The order schedule is full, and the business may be reporting a profit. Yet the available cash balance feels tighter every month. That situation is common in growing businesses. Growth creates more revenue, but it can also...

Two financing proposals for the same piece of equipment can carry very different economics, and the equipment is not the variable. The financing structure is. An EFA, a $1 or $101 purchase-option structure, a 10% PUT and an FMV lease each handle the equipment's...

When a business owner says, “My business is financially sound. Why did the bank still say no?” that sentence usually reflects the owner’s perspective after a financing decline. It is not a certification that the business meets every lender’s definition of financial...

When a business owner identifies a piece of equipment the company needs, the next concern is often not the equipment itself. It is the financing process. Many owners assume they will need to prepare a large underwriting package, collect years of financial records,...

When a business is evaluating equipment, the lowest scheduled payment can be appealing. Lower payments may help preserve cash, support seasonal operations or create more room for payroll, inventory and other commitments. But payment size is only one part of the...