April 16, 2019
Business owners often stress prior to submitting a request for new equipment financing. By the time we get an application we hear about all the things that has kept them up at night; personal credit score, business credit, seasonal or market slowdowns, lawsuits and ownership changes are among some of […]
March 7, 2019
It is well known that merchant capital loans are not inexpensive, often with rates in the teens and higher; but when emergencies hit, they come in handy. Getting capital from your existing equipment through a sale/leaseback also has its’ downside and will take some work by requiring certain documentation and […]
August 21, 2018
We see many business ideas which project earning many thousands or millions of dollars in sales revenue and sometimes at a very fast pace. Typically, a group of individuals working in a specific market with years of experience conceive of a way to improve a process and or create a […]
May 23, 2018
Applying for equipment financing or a working capital loan shouldn’t be like going on a blind date where you only tell the other person the best things about yourself and omit the not so stellar parts. The analogy for the application process should be more like running for public office […]
February 28, 2018
Solar financing requires a certain expertise and experience to get a project approved with all the benefits the energy user (offtaker) expects and deserves. Following is a summary of our longest solar finance programs along with standard shorter terms. Once we review a client’s financial status and approve, there are […]
February 8, 2018
The feelings some business owners have about interest rates, when financing equipment or anything for that matter can be equivalent to online dating or anything we engage in that we attribute to the measure of our self-worth – it runs that deep. Why don’t we measure up? Are we good […]
November 14, 2017
Here are some real tips and issues we encounter when reviewing and processing finance applications; if you can address these in advance the chances of going through the underwriting and approval process smoothly and with less stress will increase dramatically. 1) Check and ask how long your vendor has been […]
September 12, 2017
Here are some good reasons to go into debt on your new venture rather than pulling in investors and giving up ownership and some control. If you have a complex service then attracting investors and or partners which will also add a specific expertise to your operation can make sense […]
August 7, 2017
First US Finance showed off its flexibility by approving and funding a 1960 Piper Comanche aircraft for Tim Brown, a Texas resident and owner of Tim Brown Architecture LLC, within a very fast 2 week timeframe. Many lenders take much longer and are also limited by the age of the […]
July 24, 2017
Everyone wants a good deal; when it comes to finances, this is particularly true. When we part with our money we want to make sure we are getting a good value and not paying excessive fees or costs which we were not aware of. Surprises are the last thing anyone […]