Taking Equipment Financing Across State Lines: What Multi-Site Owners Should Know
A successful repair shop owner is ready to open a second location in a neighboring state. The new bay needs a lift, wheel-service equipment and shop tooling. But before ordering, the owner pauses: will Equipment Financing work if the equipment is going to an address...
What Happens If Your Equipment Is Damaged or Totaled Mid-Agreement?
A trucking company owner stands beside a damaged semi tractor, phone in hand, thinking about getting back on the road. A manufacturer faces the same moment when a production machine goes down. A restaurant owner faces it when a commercial oven fails. A medical...
When a Vendor Offers Financing at the Point of Sale
You have chosen the equipment your business needs. The vendor representative walks you through what it can do, then offers a monthly payment through the vendor’s financing program. The paperwork can start today, and the machine can be scheduled for delivery. That...
Buying Equipment at Auction: What to Line Up Before You Bid
The auction catalog arrives, or an online listing loads, and there it is: the commercial range that could expand your kitchen’s capacity, that appears to be in the condition you need and at a price that may be well below dealer retail. The bidding window is short. But...
Why a Business With Strong Revenue Can Still Get a Smaller Approval Than Expected
You know what the equipment will do for your business. You have steady customer demand, strong revenue and healthy receivables. So you request financing for a machine that fits the work ahead. Then the approval comes back well below what you asked for. Maybe it covers...