Tag Archives for equipment financing

Equipment financing refers to a loan used to purchase business-related equipment, such as a restaurant oven, a vehicle or a copier scanner. Equipment loans provide for periodic payments that include interest and principal over a fixed term.

How To Get A Small Business Loan With Bad Credit

Bad credit history report

Applying for bad credit truck loans, equipment loans, and similar programs is an excellent solution for business owners facing credit issues. Here are six important steps for success. 1. Evaluate Your Options Whatever the cause of poor credit, there are small business loans you can qualify for. Maybe you’ve been asking, “How to get a business loan with bad credit?” Because small business loans are specifically designed for businesses with bad credit, it’s much easier to get approved. These options still provide low-interest Read More


The Business Owner’s Guide To Equipment Financing Bad Credit

excavator heavy equipment

If your goal is to obtain valuable equipment for your business, equipment loans for bad credit programs are an excellent way to make it happen. There’s no need to save up for years to get the equipment your business needs right now. With the right financing, you can invest in state-of-the-art equipment that gives you an edge over competitors. Here is everything you need to know to get started. Why Is Equipment Financing Important for Your Business? Using capital to purchase or lease equipment Read More


6 Ways Equipment Financing Can Grow Your Business

Construction Equipment

Equipment financing is a powerful tool for generating business growth. All business owners want their companies to grow in revenue, and there are many ways to make it happen. High-quality equipment gives your company important advantages, such as: Superior productivity Reduced costs Increased sales Larger customer base Better online reputation By providing superior service and attracting more clients, your business can increase the number of profits generated. Expand your company by leaps and bounds with these six types of equipment: Read More


Top Equipment Financing Solutions for Bad Credit in 2020

Top Equipment Financing Solutions for Bad Credit

Having access to equipment financing for bad credit is essential for every business. Modern equipment helps your employees work smarter, not harder. Here are several financing options for buying the equipment you need in 2020 and beyond. 1. Bad Credit Equipment Financing At First Capital Business Finance, we have a lot of experience with companies that don’t meet the minimum credit rating of 680 usually required by lenders. Our team understands that many businesses, large and small, end up with credit issues due to unexpected circumstances. Our equipment financing bad Read More


How Bad Credit Business Loans Can Help You Grow Your Business

How Bad Credit Business Loans Can Help You Grow Your Business

Bad credit business loans can help you get the cash you need to grow your business. If you have poor or limited credit, or have been in business for less than two years, our financing options can help your business in a variety of ways. Maintain Control of Your Business If your business needs more cash, you may be considering bringing a partner on board or selling equity shares in your business. Business loans for bad credit can help you get the money you Read More


Bad Credit Business Loans: One of Four Main Solutions Business Owners Now Turn To

Main Solutions for Business Owners

More business owners across America are considering bad credit business loans as they face unprecedented financial and logistics struggles. These struggles followed state orders that shut down non-essential businesses to keep more people at home. To maintain some income, many business owners were forced to get creative, seek out disaster relief, or both. Where government assistance programs have failed, some people tried to fill the gap with business loans for bad credit. Banks across America now face accusations from customers and Read More


Keep Your Company Afloat During Quarantine With Bad Credit Business Loans and Other Resources

Keep Your Company Afloat During Quarantine

Bad credit business loans are an important resource for any struggling enterprise, but they’re especially valuable during these unprecedented times. With the pandemic threatening lives and livelihoods, we as an economy have had to shift our business structures to adjust. As the illness continues to threaten the country, here are a few ways to keep your company running. Where To Find Clients For many retailers, walk-ins are their bread and butter. However, with storefronts closed, how are you supposed to draw in new Read More


SBA is Offering Free Grants for Business Owners!

business negatively impacted by the Coronavirus pandemic

SBA Has Grants If Your Business Was Negatively Impacted Due to the Coronavirus. Emergency business funding is now available if your business has been negatively impacted due to the Coronavirus pandemic. Congress recently passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act to assist small businesses around the country. They were able to create two programs specifically for companies with less than 500 employees. Unlike the Paycheck Protection Program (PPP) which has the ability to forgive the loan,  Who Read More


Keep Your Employees, Use the SBA Stimulus Program!

Use the SBA Stimulus Program

Keep that “open” sign out and hold on to your employees! You might want to learn about the new SBA programs that are available to most small businesses around the country! Our Government worked hard on creating a stimulus program that will help small businesses during this trying time. Of the $2 trillion dollar stimulus program, there are almost $350 billion dollars that are designated for small businesses.  Who will qualify for these new stimulus programs from the SBA? Depending Read More


What Industries Will Thrive When We All Go Back to Work?

What Industries Will Thrive When We All Go Back to Work

In early March 2020, America was experiencing some of the lowest unemployment rates the country had seen in decades, coupled with a thriving stock market. While economists had predicted an economic decline for 2020 for a year or more, no one expected a pandemic would be the cause. In just a matter of weeks, the stock market crashed, and millions of Americans filed for unemployment or sought bad credit business loans to keep their livelihoods afloat. Despite this, some businesses are thriving, while Read More