Category: Equipment Financing

To survive the recent pandemic, many businesses had to rethink how to best serve their customers. Although eCommerce was already on the rise, social distancing and touchless transactions allowed it to gain popularity with consumers sooner than expected. Establishing a presence in the online marketplace has become more important than ever. Unfortunately, the pandemic has […]

It isn’t uncommon for businesses to experience a shortage of working capital, especially in today’s economic environment. Unfortunately, that same environment is making it difficult for businesses to obtain the working capital financing they need to promote growth and keep their operations on track and moving forward. Banks and other traditional lending institutions are tightening […]

There’s no getting around it – buying new equipment can put a serious drain on your working capital. For retailers, restaurants, and many other small businesses, the pandemic and its aftermath have caused a shift in business operations. An effective transition to these operational changes often requires new equipment. The expense of obtaining that equipment […]

It’s no secret that after the financial crisis of 2008, banks were more stringent in screening a business loan applicant. Fewer business loans were approved, especially small loans, as they are less profitable.  This caused small business owners to turn to direct lenders, also known as alternative financing companies, for the funding they needed. What […]