When a Customer's Equipment Financing Gets Declined: The Dealer's Next Move
The customer has chosen the equipment. The quote is ready, the financing application has been submitted, and the salesperson is looking ahead to delivery. Then the response arrives: declined. Now the sale is stalled, and the customer may feel embarrassed or...
Making Equipment Payments Fit a Seasonal Business Year
A few weeks before planting, a farm owner may know exactly which tractor or implement the operation needs. The equipment has to arrive, be set up and ready to work before the season begins. But if most of the farm’s revenue comes in during a few months of the year,...
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...