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We are Still Here to Help (COVID-19)

Amidst the current uncertainty surrounding COVID-19, we want to assure you that First Capital Business Finance is doing everything possible to help reduce the spread of the coronavirus. The well-being of our customers, our staff, and community is our top priority and we are taking every precaution to keep them safe. I wanted to take the time to share the measures that we we have taken to ensure that our services remain uninterrupted and 100% available to you. We are Read More


The Importance of Working Capital for Construction Companies

Working Capital for Construction Companies

Access to working capital plays an indispensable role in a business’s survival and growth. To ensure there is always cash in hand, proactive companies use elaborate cash flow forecasts to determine what they need money for and when. Some also rely on relationships with a construction equipment loan provider to spread out the initial cost of any equipment investments they need to make. Why Your Company Needs Working Capital The importance of any asset in business is directly tied to Read More


How To Manage Cash Flow for Construction Projects

Manage Cash Flow for Construction Projects

Working with a construction equipment loan provider plays a crucial role in managing cash flow. However, this is only one piece of a complex puzzle. Without proper cash flow management, companies may struggle to complete projects on time and within budget. Delays and change orders also cost money, which may affect company profits and client satisfaction. 1. Research Your Client The general advice in construction is for clients to double-check that contractors are bonded, licensed, and insured. However, construction companies Read More


Equipment Financing: How Does It Work?

contruction equipment financing

Think of construction equipment financing as a type of business loan. With this approach, a business does not have to make perpetual lease payments on equipment or tie up precious cash to purchase expensive equipment outright. For example, suppose you’re doing construction equipment financing. It lets your construction business obtain bulldozers, mini-excavators, dump trucks, motor graders, and other pieces of equipment right away without having to pay the full cost of each item immediately. This type of financing is a Read More


How To Keep Your Small Business Healthy After an Unexpected Disaster

emergency financing for a natural disaster

As a small business owner, your company, employees and customers are more than numbers on a sheet. They’re important to you. That’s why you always go the extra mile to take care of them. Unfortunately, natural disasters and other emergencies can take even the best owners by surprise. How can you keep your small business healthy when the going gets tough? Small Business Needs To Prepare For in an Emergency Preparation makes you more adaptable in the case of natural Read More


Is Business Equipment Financing Right for Your Business?

Equipment financing

Equipment financing is a popular option for obtaining the capital needed for business essentials. It offers many benefits for large corporations and small businesses alike. Is it the right choice for your company? Here are a few advantages that can help you decide: • Financing for businesses with poor credit • Flexibility for buying the equipment you want • Tax benefits for your business • Payment options that adapt to your cash flow • Large capital amounts for big-ticket items Read More


What You Need to Know About Asset-Based Lending for Medical Practices

Equipment loan. Providing quality healthcare for patients. This often means managing updated technology and installing latest medical equipment in a facility.  Many times when there is need of expansion or renovation; and capital expenditure on equipment may not be feasible due to the high cost of medical assets or a tight cash flow situation.  What’s more… According to a study conducted by National Small Business Association (NSBA), one-quarter of small business owners accept that they can’t find the required funds for their Read More


Easy Financing Options for Your Hospitality Equipment

Credit business loans

Heavy equipment financing. Your restaurant is only as high quality as your hospitality equipment. Besides, even the best staff can’t compensate for old, ineffective equipment.  But such equipment is costly and paying cash to upgrade equipment will put your cash flow at risk. Fortunately, there are easy equipment financing options available for restaurants to obtain the hospitality equipment they need to be profitable. How To Get Hospitality Heavy Equipment Financing Generally speaking not all financial institutions offer hospitality equipment financing, so seeking Read More


The Best Way to Manage Your Cash Flow During Your Fitness Facility or Club Renovation

Credit business loans

Deciding to renovate your fitness facility with equipment financing is a big step. To put it in another way your investment will prove to be lucrative if you understand how to manage your cash flow.  Whether you are adding high tech experiences, upgraded equipment, or remodeled fitness space, upgrades will keep clients coming through the doors.  Certainly, these big improvements will bring future business. But, it can be challenging to manage your cash flow, understand financing, and develop a solid plan for your Read More


The Ultimate Guide to Trailer Financing

Trucking can be a profitable business to get into — but getting started in this industry? That takes resources. Financing and funding to kickstart or expand your trailer business ought to play a central role in your strategy. Prior to making a decision, know that buying tractor-trailers are expensive. Manning, equipping, and maintaining an entire fleet of them can be difficult, especially when you’re just starting out. Fortunately, there are designated truck, trailer, and equipment financing options that can help. Read More