Tag Archives for poor credit history

Poor credit history shows a bad credit description of a person or company’s predicted inability to repay a debt on time and in full. This history is summarised with a score that indicates the borrower’s credit risk. A low credit score signals bad credit, while a high credit score is an indicator of good credit.

Bad Credit Business Loans that Won’t Break the Bank

Credit business loans

Bad credit business loans are the best way to finance your business without breaking the bank. If you have a credit score below 630 and have trouble getting financed through more traditional channels, this financing option may work for you. So let’s say that you have a poor credit history.  Lenders then conceive you as a high-risk investment. That means they will charge higher interest rates and offer shorter repayment terms.  All this adds to the degree of a financial Read More

What Medical Equipment Financing Rates Can I Expect?

Medical Equipment Financing Rates

Your general medical practice is booming. You’re booking so many new patients you may have to expand! So now you’re wondering, “What medical equipment financing rates can I expect?” If you’re looking to expand your general medical practice or are just starting up, First Capital Business Finance can help. Read to learn about medical financing rates and what to consider when shopping around. Find Out What Your Medical Equipment Financing Rates Could Be! Figure out what equipment you need and research where Read More

Financing Options for CNC Plasma Cutting Tables

CNC Plasma Cutting Tables

If you’re in the market to purchase a CNC Plasma Cutter, we offer a variety of financing and leasing programs for both new and used equipment. Financing your equipment is an excellent solution to preserve your working capital. What We Offer Traditional and non-traditional financing Programs for good and bad credit We have both traditional and non-traditional financing programs for those who have good and bad credit. Our programs start with the minimum amount financed at $5,000 and the maximum Read More

10 Qualifying Questions Truck Lenders Will Ask

Truck Lenders Financing

Ready to Lend For truck lenders, applying for a truck loan doesn’t have to be difficult. Arming yourself with the right information will prepare you for the task. If you’re working with an efficient finance company, they will most likely prequalify their clients prior to asking them for an application. There’s no point in wasting the customers time on filling out an application and sending over the other required paperwork if it can be predetermined they are not qualified by Read More

Can I Get Mini Excavator Financing?

Mini Excavator Financing

Does Your Business Need to Finance a Mini Excavator? Do you need to mini excavator financing? Whether you’re looking to buy new or used, you’re most likely on our site to learn more about financing options. We encourage our clients to always have an idea of what type of equipment they need, as well as their budget. From there we can find out what they are qualified for, and then go out and find the right piece of equipment. If Read More

Can I Get an Equipment Loan with Bad Credit?

Bad Credit Equipment Loans

We Say Yes to Bad Credit Equipment Loans We really do say yes to bad credit equipment loans. While other financing programs and lenders might turn you away based on your credit score, we have created a special financing program for individuals with credit challenges. Even if you have had a recent bankruptcy, repossession, or tax lien, our Asset-Based Direct Lease Programs can get you the equipment you need to keep your business moving in the right direction. Who Can Read More

How To Finance A Tractor Trailer After A Bankruptcy

Red Tractor Towing a Fuel Trailer

Did you know you can finance a tractor trailer one day after your bankruptcy is discharged?   If you recently went through a bankruptcy, yes even if it was yesterday, there is a way you can finance that semi truck you’ve been wanting. I figured it was time to write about this since I’ve recently realized that most owner operators that have had to go through an unfortunate financial situation were not aware that there are options even if they’ve Read More

Forklift Financing for Business Owners with Bad Credit

Forklift Financing

Having Issues Financing Some Equipment Due to Bad Credit History? We’ve recently seen an increase of applications on forklifts needing to be financed.  After some research we discovered the majority of these applicants were all turned down by their bank for having poor credit.  It is not uncommon for today’s business owner to have some minor blemishes on their credit report. When there are slow months the company still needs to move forward, so there might be times where credit Read More

Do You Know Your Credit Score

Credit Report Infractions

It’s been told many times, take good care of your credit, I’m sure you have either heard this from your parents, friends, colleagues or the media.  As you already probably know, we are a credit driven society and your credit is your future wealth. What do I mean by this? Without credit, it may be more difficult or impossible for you to achieve assets or the ability to grow your net worth. Now I’m not saying if you have no Read More