It is a challenge determining whether the time has come for your business to get outside help to fund your next move. You have finally decided that your broken equipment is no longer going to cut it, and you really need new or updated equipment. However you realize that you can’t afford it, and you aren’t sure how you are going to pay for it. Continue reading
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
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
Both first-time and experienced business tax filers get tripped up by which expenses are considered equipment vs. supplies. Supplies include things that you use during the year (e.g. printer paper, pens, toner cartridges). Equipment (i.e. capital expenditures) are typically higher-value items that will last significantly longer than one year. For example, a new computer, cubicles, printer, and a fax machine are examples of equipment. Continue reading
Business Financing Solutions Available Online
Carlsbad, California – June, 2015 – – Innovative Lease Services, Inc. (ILS) is pleased to announce the launch of its’ new website. The refreshed site provides users an abundance of commercial financing information and a seamless process to apply for financing. The site integrates simplified navigation that allows visitors to easily find the appropriate finance product to match their business needs.
Encompassing broad segments such as manufacturing and construction, success in the industrial industry relies heavily on efficiency and in turn equipment.
Industrial equipment comes in various sizes and prices. With great use and ware and tare, the equipment needs to be maintained, replaced or updated frequently in order to maintain expansion and profitability. Continue reading