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Author Archives: Angela C.

5 Reasons to Consider Equipment Financing over Purchasing

Should your business finance or purchase your next equipment need? Here are 5 situations in which you should use financing.

  • Your business is short on cash flow. Financing means your business pays a lower initial expense/cost. Equipment Financing does not always require a down payment, therefore you can acquire a new asset paying a monthly fixed cost in place of paying thousands of dollars for a new piece of equipment at the time of purchase. It is also very common for the financing monthly payment to be lower than loan monthly payments to a bank.
  • Continue reading

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Bad Customer Service Can Lead to a Bad Customer Break-Up

Your Customer Service Department is run by people. And if those people are mean, well you are all going to get dumped by your customers.

New reports have shown one bad customer service experience can lead to a customer cutting all ties immediately. 24/7 a customer service engagement service provider surveyed 3,500 people, in which 4 out of 5 consumers said in one instance of bad customer service would cause them to cut ties within a week. A shocking 1,800 consumer said within the very same day they received bad service they sought out a new company to do business with. Continue reading

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Keeping up with the Times and Technology – Leasing New Equipment

We live in a fast paced world where the only constant is change. As cutting edge as the newest and greatest computer may be, are you the lucky business owner who gets to fork over the mulah for 10 of them for your employees?

If this sounds like a situation you have been in for just about any piece of equipment, I have a solution for you that might make your day a little less stressful. Leasing New Equipment!

Equipment Leasing is the most ideal for equipment that needs to be upgraded most often. For example; computers, electronics, vehicles and more. Continue reading

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Equipment Acquisition Trends 2015 – ELFA

This year, ELFA (The Equipment Leasing and Financing Association) forecasted US businesses, non-profits and government agencies will spend nearly $1.5 trillion in capital goods and fixed business investments this year. What does this mean? With the increase of spending and investing, consumer spending will also increase. It is a win for all parties involved. Continue reading

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SBA Hits Its’ 7(a) Loan Cap Halting Funding for Remainder of Fiscal Year

Unfortunate news was released Thursday, July 23rd from the Small Business Administration (SBA) stating the $18.75 billion cap was reached at noon and therefore halting the funding of all remaining loan applications for the remainder of the 2015 fiscal year. The SBA did expect to reach the cap by late August, however it has come early this month. Continue reading

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