4 min read
So, you need to finance a dump truck… … but your credit isn’t so great… Note: If your credit is not so bad, you may want to check out our Ultimate Guide to Dump Truck Financing You already know buying your own dump truck is WAY better than driving...
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4 min read
There are hundreds of equipment leasing companies in the US. We detail a lot about problems with many of the companies out there, but many leasing companies are fair, honest and straightforward. We deal with many of the best equipment leasing...
4 min read
We get calls from a lot of businesses in different medical specialties about leasing new or used ultrasound machines. The two biggest questions we get are how to qualify and what the costs will be, so let's go ahead and answer these two basic...
4 min read
Want to know a secret? Startup financing rates are high. They're even higher if you have bad credit. How high? Let's go over the two scenarios (names, industries and circumstances have been changed slightly), and look at finance offers and how they...
2 min read
Have you been pitched a merchant cash advance? I bet the dude (or dudette...) you spoke with didn't quote a real interest rate, right? They'll tell you that cash advances don't have an interest rate... ...because merchant cash advance lenders simply...
3 min read
We answer a ton of questions at Smarter Finance USA about financing skid steers. Most of the time we end up talking to someone about financing used equipment. Generally, most shoppers have the same questions. The questions we are asked most are: Do...
4 min read
So... you need to finance heavy equipment. Are you wondering which companies you can trust? We hear from many folks who speak to a heavy equipment finance company... ...and get told one thing... ...but after they have paid a deposit the terms...
3 min read
Are you considering a dental practice loan? You'd rather perform a root canal on yourself than talk to 13 different companies to find the information you need. Right? Here's the problem: (Almost) every website you go to will tell you why their...
3 min read
Do you need to purchase equipment for your medical practice? I bet you're not planning to pay cash, right? MRI machines, lasers, physical therapy equipment, -totally not cheap. Most of the time, you'll end up financing or leasing your equipment....
6 min read
If you need to finance or lease restaurant equipment, and you're looking around on the internet, you may have already noticed something: Most of the "information" about restaurant equipment leasing that you can find online is total garbage. I don't...
3 min read
If you need to get your hands on a tractor, a reaper, a cultivator, or any other type of agricultural equipment, but you don't have the cash available for it (or don't want to deplete your capital) it helps to have good credit and 2 or more years in...
3 min read
Are you going to buy a tractor? It's a pretty good bet you're considering a John Deere. 40%-67% of tractors purchased in the United States are made by Deere (depending on which study you look at). If you know you're looking at a Deere, the next...
5 min read
Are you looking to buy a tractor? You probably know you can save significant money when you finance or lease a used tractor. In working with many farmers, we find that even though your payments going used might be slightly higher on a...
5 min read
If you are looking to purchase used farm equipment, you can save considerable money compared to the cost of buying new. Depending on the brand and type of farm equipment, many pieces of machinery are built to last for 30 years or more, but buying...
5 min read
A decent used skid steer will cost you anywhere from $10,000 to $40,000. In the $15,000 range you're usually looking at a model that's ten or so years old, while at the top of the range, you're usually looking at some equipment that's newer. When...
3 min read
Looking at buying or leasing an excavator? What will your monthly payments will be for excavator financing? If you only need the excavator occasionally, it may be cheaper to rent, but only if you're going to use it almost never. Rental prices on...
3 min read
There's a huge problem with equipment leasing rates. One of the first questions we get from a prospect is always, "what are the rates?" Want to know a secret? this question is usually not a problem if you've got great credit and have been in...
3 min read
If you're a spray foam contractor who needs new equipment, or are looking to get into the spray foam installation business, the biggest question you may have is how much is all this stuff going to cost? The good news: you don't have to write a big...
2 min read
If you're looking for a used dump truck for your business, you may be able to find dump truck prices online, but it's hard to find real information about what your actual payments will be. Sure, there are equipment leasing calculators on a lot of...
4 min read
Every year, Modern Machine Shop does studies on the machine shop industry. One of the most helpful things they do is their Top Shops report, which does a detailed breakdown of the differences between what the fastest growing and most profitable...
1 min read
There are numerous methods for small business owners to get their hands on cash, but one of the least known and least used methods is called an equipment sale leaseback transaction. Sale-leaseback works kind of like an equity loan on your house. If...
5 min read
There are some sketchy practices in equipment financing. Way sketchy... Any type of financing is complex... ...with lots of funky terms... ...but... ... bigger industries (like mortgage and insurance) are regulated. ...when someone breaks the rules,...
