How to Negotiate Your Best Equipment Financing Today!

So many times, the first question I get is what’s the rate? The better question is “What’s the best deal structure for me? Rate is a function of several factors: your time in business (TIB), your personal and business credit scores, the length of the lease (term) and if you have had comparable business credit (i.e. have you borrowed at least 50% of the amount you are requesting). In considering the best deal structure, think…

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Stretching Working Capital with Lease Financing

When the cost of the asset can be spread over several years, lease financing is a viable option to retain as much as for operations as possible. The most frequent reason to use lease financing in business is to retain as much cash for operations as possible while enjoying the benefits of the financed product (i.e. equipment and/or software). Having served as turnaround CFO and commercial financing consultant, I have seen opportunities missed by purchasing…

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