Small Business Working Capital Loans Demystified

Discover The Quick, Easy, Problem-free Way
Small Business Owners Can Get Working Capital

What is a Working Capital Loan?

A Working Capital Loan is a short term loan (3 to 18 months) whose purpose is to finance the day to day operations of a company.

Who Can Get a Working Capital Loan?

Both new businesses that are trying to expand and older companies looking to restructure can benefit from a working capital loan.

Most business that make $8,000 a month or more will qualify. Even when a bank has said no, alternative lenders approve about 90% of businesses who make sufficient income.

The cash flow of the business is the main factor for determining if a business qualifies.

When Can A Business Use A Working Capital Loan?

Anytime a business needs assistance in covering regular day-today costs, the owner should consider a working capital loan.

Let’s look at an example of Harry who owns the ACME Transportation Company. Harry’s business generates great revenue and his customers are loyal to ACME.

However, one of Harry’s Commercial Trucks needed an expensive repair. Harry was able to get a working capital loan to repair the vehicle and to continue to offer his customers great service and maintain his income.

“Working Capital Loans are a small business owners best kept secret.The loan I got really saved the day.”  Harry

Working Capital Loans May Be Used For

Debt

Increase Working Capital

Purchase Inventory

Purchase Equipment

Repair Equipment

Construction

Property

New Opportunities

Marketing

Business Rent

Employee Payroll

Expansion

Benefits of a Working Capital Loan

Quick approval giving business owners access to funds within a few days

Businesses can stay afloat during slow business months

Lack of sufficient financing is among the top 5 reasons for business failure

Sufficient financing can be the life-blood of any business success story.

CFIC Funding, a leading alternate financing company since 2001. Visit http://www.freecommercialloansecrets.com/get-small-business-financing-with-fast-easy-approvals-2/ for more resources to help your business

Sources:

Federal Bank of New York – Small Business Poll, May 2012

Pepperdine University – Grazialdio School of Business Survey, June 2011

2012 Small Business Access to Capital Survey

Contact Us!

CFIC Funding
949 W 26th Street, Suite #202
San Pedro CA 90731

Call Us!
Dial 1- 424-224-7084
Dial 1-310-421-7370
Fax 1-315-410-6823

Email Us!
david@cficfunding.com
wayne@cficfunding.com

Connect with Us!

Equipment Financing with Good or Bad Credit

When you’re seeking financing for your business, it should match:

  • The cash flow needs of your business
  • The needs of the market you serve
  • Your business history
The Result is… Financing that Matches YOUR Needs

It doesn’t matter if you have good or bad credit. We offer equipment financing programs for every situation. We finance all type of equipment as well.

Highlights of CFIC Funding Equipment Financing with A through D Credit

  • Transactions up to $2,000,000 and more
  • 24-hour decisions
  • Single owner operator loans and leases
  • Fleet loans and leases
  • A-D Credit – OK
  • Long terms, low down payment options

At CFIC Funding, we look at every application as an opportunity to serve you and fund your business loan needs. In order to serve you better, we ask that you fill out the application as clearly and completely as possible.

Get equipment financing with good or bad credit
for most
industries with including:

  • Agriculture and Farm
  • Asphalt, Concrete
  • Crane
  • Construction
  • Earthmoving
  • Machinery
  • Forestry, Logging & Sawmill
  • Industrial
  • Chemical
  • Cement
  • Food Manufacturing
  • Formulation
  • Pharmaceutical
  • Plastic Manufacturing
  • CNC Machine Tools
  • Fabrication
  • Mining
  • Office & Printing
  • Truck Financing
  • Trailer Financing
  • Software
  • Grounds Care, Land Clearing
  • Medical
  • Manufacturing

Get started with Equipment Financing with Good or Bad Credit program today in 3 Easy Steps!

Step 1 –– Fill out an application and provide a Bill of Sale or Invoice from the seller.

Step 2 –– Send your application, Bill or Sale (or Invoice) and the Spec Sheet from the seller. Send it by email to: david@cficfunding.com and/or wayne@cficfunding.com

or by fax to: 1-315-410-6823

Step 3 –– We can advise you within minutes with what we will need to move forward. Pick up the phone and Dial 1-310-421-7370 or 1-424-224-7084. Visit www.cficfunding.com and let us help you acquire your new or used equipment to improve the growth of your business.

Contact us today, regardless of your credit score. CFIC Funding is here to serve you.

Apply for a Loan Now

Contact Us!

CFIC Funding
949 W 26th Street, Suite #202
San Pedro CA 90731

Call Us!
Dial 1- 424-224-7084
Dial 1-310-421-7370
Fax 1-315-410-6823

Email Us!
david@cficfunding.com
wayne@cficfunding.com

Connect with Us!
F t in g+ Pin M

Press Release: CFIC Funding Introduces Forestry Equipment Financing Program

San Pedro, California, April 21, 2014 – Demonstrating their 12-year commitment to small businesses in the United States, leading independent financing company CFIC Funding introduces a Forestry Equipment Financing Program. Companies with good as well as bad credit can benefit. The program offers the ability for forestry and logging business owners a tool to poise their companies for success. CFIC Funding strives to make forestry equipment financing easy, efficient and cost effective.

“The importance of equipment procurement for small businesses cannot be underestimated. A vital component of procuring equipment is the financing available” said David Young, Executive Director of CFIC Funding.

“We do our part to help small forestry and logging companies find the right financing for their needs while keeping long term goals in mind”, added Wayne Clinton, Finance Director at the firm. “We provide fast, dependable funding with programs designed to help small businesses increase cash flow for business growth and expansion.”

A Forestry Equipment Financing Program is now available for small to mid-sized businesses (SMBs) to support their need for capital. After all, SMBs are the mainspring of the US economy. Oftentimes their cash flow challenges can be avoided or solved with services offered by CFIC Funding.

About CFIC Funding

Headquartered in San Pedro, CA, the firm has a 12-year reputation for being a knowledgeable and diligent provider of equipment financing, working capital and invoice financing. They offer financial services to a wide-range of industries needing capital to take their company to the next level of success.

To learn more about forestry equipment financing with good or bad credit CFIC Funding at 424-224-7084 or visit the website at www.freecommercialloansecrets.com

Forestry Equipment Financing with A through D Credit

Call Now: 1-310-421-7370 or 1-424-224-7084

When you’re seeking financing for your business, it should match:

  • The cash flow needs of your business
  • The needs of the market you serve
  • Your business history

The Result is… Financing that Matches YOUR Needs

Click Here to Access Funds

It doesn’t matter if you have perfect credit or challenged credit. We offer programs for every situation. We finance all types of equipment as well.

Highlights of CFIC Funding Forestry Equipment Programs with A through D Credit

  • Transactions up to $2,000,000 and more
  • 24-hour decisions
  • Single owner operator loans and leases
  • Fleet loans and leases
  • A-D Credit – OK
  • Long terms and low down payment options
  • Financing for all commercial classes
  • Financing for Trucks and Trailers

At CFIC Funding, we look at every application as an opportunity to serve you and fund your business loan needs. In order to serve you better, we ask that you fill out the application as clearly and completely as possible.

Get started with Forestry Equipment Programs with A through D Credit program today in 3 Easy Steps!

Step 1 –– Fill out an application and provide a Bill of Sale or Invoice from the seller.

Step 2 –– Send your application, Bill of Sale (or Invoice) and the Spec Sheet from the seller. Send it by email to: david@cficfunding.com and/or wayne@cficfunding.com
or by fax to: 1-315-410-6823

Step 3 –– We can advise you within minutes with what we will need to move forward. Pick up the phone and Dial 1-310-421-7370 or 1-424-224-7084.

Let us help you acquire your new or used forestry equipment to improve the growth of your business. Contact us today, regardless of your credit score.

Apply for a Loan Now

  1. Call for a Free No Obligation Consultation. Ask for Wayne at 1-310-421-7370 or ask for David at 1-424-224-7084
  2. We’ll Go Over Your Goals with you and Propose Programs to Match Your Needs
  3. Take a Minute to Fill Out Our Quick & Easy Application
  4. Choose the Best Program for You and Receive Financing Within a Few Business Days

Contact Us!

CFIC Funding
949 W 26th Street, Suite #202
San Pedro CA 90731

Call Us!
Dial 1- 424-224-7084
Dial 1-310-421-7370
Fax 1-315-410-6823

Email Us!
david@cficfunding.com
wayne@cficfunding.com

Connect with Us!
F t in g+ Pin M

9 Tips to Get Truck Equipment Financing with Good or Bad Credit

Getting your truck equipment financed is arguably one of the most important steps for the success of your business. Yet business owners like you are faced with the challenge of needing to raise funds or you’ll limit your financial growth and miss profit opportunities.

You may have run off to your bank and “asked” for a loan… only to be faced with total rejection. Well don’t despair, success may only be a step around the corner. This article will show you where and how to get your truck equipment financed when you have good credit and even when you have bad credit.

1. Find the right financing company. One who will offer a program that suits your needs while keeping your long term goals in mind. Most used commercial trucks cost between $30,000 and $250,000, depending on the year and type of truck. Therefore, finding a reliable company with a good reputation is essential.

2. Match the financing to your needs. Your truck equipment financing program should match: the cash flow needs of your business, the needs of the market you serve and your business history. The Result is financing that Matches your needs offered through the experience and expertise of a reputable truck equipment financing company.

3. Do not tie up cash. A well designed equipment finance program will help you increase your cash flow so you can better grow your business and accelerate your cash flow. This avoids unnecessarily tying up your funds by paying cash for equipment, which is unrealistic and expensive.

4. Decide how much down payment you have. Most lenders will look for at least 20 percent of the purchase price as a down payment. Balance your down payment size with the cash needs of your business.

5. Consider offering additional collateral. If you own additional equipment or real property with equity, some finance companies will gain confidence in offering financing when you offer additional collateral to lessen (mitigate) their risk.

6. Provide financial documentation that is needed. This will include your CDL license, proof of income, agreement with a freight company, banking statements (usually the last 3 months) and a credit report. Don’t despair if your credit is challenged as there are programs for those with poor credit.

7.  Settle the payment terms of the loan. This will include the amount of your monthly payment, the length of the loan and how much interest you will pay until the loan is paid off.

8. Provide all of the required information on the dealer you will be purchasing the used commercial truck from. The lender will likely pay the seller directly.

9. Consider an Equipment Finance Agreement (EFA). An Equipment Finance Agreement (EFA) is a version of a standard loan offered by CFIC Funding. This type of contract is our most popular product because it’s familiar and easy to understand. An EFA is in actuality a loan to the customer (debtor) using the equipment asset as collateral. The debtor usually pays for the equipment and takes all the ownership benefits and responsibilities for the term of the agreement.

It is an alternative financing option to traditional lease operating agreements. Equipment finance agreements are generally more flexible than lease agreements. With most equipment finance agreements, you have no further obligation to your financier at the end of the agreement (see individual agreements as some may vary). There are no purchase buy options or large down payments.

There may be additional tax advantages to this option. Consult your licensed tax advisor as an EFA may allow you to depreciate your equipment over 2 – 5 years while writing off the interest paid within a tax year. In addition your licensed tax professional may advise that an EFA may allow you to take advantage of the IRS’s Section 179 depreciation schedule.

Learn more about truck equipment financing programs with bad credit. Click Here

Apply for a Loan Now

  1. Call for a Free No Obligation Consultation. Ask for Wayne at 1-310-421-7370 or ask for David at 1-424-224-7084
  2. We’ll Go Over Your Goals with you and Propose Programs to Match Your Needs
  3. Take a Minute to Fill Out Our Quick & Easy Application
  4. Choose the Best Program for You and Receive Financing Within a Few Business Days

Contact Us!

CFIC Funding
949 W 26th Street, Suite #202
San Pedro CA 90731

Call Us!
Dial 1- 424-224-7084
Dial 1-310-421-7370
Fax 1-315-410-6823

Email Us!
david@cficfunding.com
wayne@cficfunding.com

Connect with Us!
F t in g+ Pin M

9 Tips on How to Buy a Commercial Truck with Good or Bad Credit

You can get a new or used commercial truck to start your business, or upgrade the equipment you have in your existing business. It doesn’t matter whether you’re an owner operator or you work for a trucking company.

You are most likely aware that every commercial truck has different features in terms of: how it’s used, safety and price. Decide what kind of truck will work best for your business. Since used trucks are more affordable than new trucks the age of the truck and mileage can affect your ability to get financing.|

Set a budget, find the truck you want and fill out our application to get approved for financing.

Find Your New or Used Commercial Truck to Buy

  1. Look for used commercial trucks online. Reputable sites we recommend include: TruckPaper.com, UsedTruckListings.com, eBay Motors.com, RBTruckSales.com, DecaturTrkandTrailer.com and AllStateTruck.com. Our inventory page provides links to these resources as well.
  2. Search local advertisements online as well. You might find local dealers who have commercial trucks on Craigslist.com or through the sites run by local car and truck dealers. Many of them use some of the websites listed above as a portal for their available inventory. Trucks for sale by private sellers may make it more difficult to acquire financing.
  3. Talk to the dealer about what you are looking for and be sure to explain that you are interested in a used truck. Test-drive anything that you like. It is best to look for trucks that are 2007 or younger that also have 700 miles or less as this makes financing more available to you.
  4. Find out about commercial trucks for sale with truck rental companies. Many of them have trucks available that are well maintained and well cared for. Companies such as Penske, Enterprise, Ryder or Budget Trucks offer a good variety of quality trucks for sale.
  5. Decide on a truck that meets your business needs and has a good safety record. The dealer you buy the truck from is required by law to provide you with information on whether it has been in accidents or had extensive mechanical work done. A good reputable dealer will offer this information readily without being asked.
  6. Determine the value. Once you have decided on a truck to buy, research what it is worth before you make an offer. Look at similar trucks with similar mileage and features and get a good sense of the value. Find value estimates through Kelley Blue Book or NADA Guides. Use their websites to search for value by make, model and year. You can also use these resources to get information and customer reviews on the used truck you are buying. This is an excellent practice.
  7. When possible, have the truck inspected by a professional mechanic before you buy. You want to make sure it is safe and in good working order. Reconsider the purchase if significant repairs are needed or safety issues are brought out.
  8. Negotiate a price with the dealer or seller. Use the estimated value and the inspection results to get the best price for the used commercial truck you want to buy. Have the dealer give you a Bill of Sale (or in some states and Invoice) and a Spec Sheet for the truck you want to buy.
  9. Find truck equipment financing for your new or used commercial truck.

Need truck equipment financing for your new or used commercial truck. Click Here

4 Advantages of an Equipment Finance Agreement for Truck Equipment Financing

For your truck financing needs consider an Equipment Finance Agreement (EFA) with an equipment finance company. There are 4 clear cut advantages to this financing option.

What is an Equipment Finance Agreement (EFA)?

An Equipment Finance Agreement (EFA) is a version of a standard loan offered by CFIC Funding. This type of contract is our most popular product because it’s familiar and easy to understand. An EFA is in actuality a loan to the customer (debtor) using the equipment asset as collateral. The debtor usually pays for the equipment and takes all the ownership benefits and responsibilities for the term of the agreement.

It is an alternative financing option to traditional lease operating agreements. Equipment finance agreements are generally more flexible than lease agreements. With most equipment finance agreements, you have no further obligation to your financier at the end of the agreement (see individual agreements as some may vary). There are no purchase buy options or large down payments.

Advantage #1 – Less Risk on Collateral

EFAs are secured by a UCC filing specifically on the equipment financed. This means the equipment itself (and just the equipment itself) is the collateral.

Advantage #2 – Covenants

EFAs almost never contain restrictive loan covenants. They do not require your business to maintain certain Balance Sheet ratios (debt to income ratio). Therefore this means little red tape and micromanagement of your loan.

Advantage #3 – Fixed Rates

EFAs are generally fixed for the entire term of the loan agreement. No surprise increases.

Advantage #4 – Taxes… Keep More Money

There may be additional tax advantages to this option. Consult your licensed tax advisor as an EFA may allow you to depreciate your equipment over 2-5 years while writing off the interest paid within a given tax year. In addition your licensed tax professional may advise that an EFA may allow you to take advantage of the IRS’s Section 179 depreciation schedule.

(Please note CFIC Funding does not offer tax advice. The above statements are not to be considered tax advice. Consult your own licensed tax professional regarding your own tax situation.)

Truck Equipment Financing with Bad Credit. Click Here

Truck Drivers Owner/Operators Needed for Dry Van Work

Your success is important to us at CFIC Funding. When you grow, so do we. If you’re interested in growing your transportation company’s profits and opportunities we recommend…

Frog Hair Logistics, LLC an agent for WestMotors has immediate openings.

Featuring:

Plate program
Insurance program
Fuel discounts
Safety program
Must have good MVR
Must have good CSA scores
100% FSC to truck
Great pay
48 States

Please tell Debbie CFIC Funding sent you.

Debbie Kelcy, Owner
Frog Hair Logistics, LLC
126 Ryan Road
Ridgeville, SC 29472
Phone: 843-224-5838
Fax: 843-695-8829
General Email: RSW@Westmotor.com

Experienced Transportation Agents Wanted

Your success is important to us at CFIC Funding. When you grow, so do we. If you’re interested in growing your transportation company’s profits and opportunities we recommend…

West Motor Freight, along with their sister company, Evans Delivery, which is one of the oldest trucking companies in the USA.  As an Agent Partner, they want your business to succeed. They have a number of programs that are designed to assist you in operating a successful business.

Some features of our company that could help you grow and develop your business are:

  • Best in Business Fuel Discount
  • Partner with the Comdata Network for trip and cash advances
  • Above industry standard Agent Commission
  • Web based agent portal
  • Accurate weekly settlements for Owner/Operators with backup documentation
  • Owner Operator Insurance at attractive rates
  • Sales support
  • Over 1500 trucks in our fleet
  • National and Regional Customers
  • Experienced Safety Personnel
  • EDI Capabilities
  • Common, Carrier, and Broker Authority

Please check out their website at www.evansdelivery.com. Tell Gina that CFIC Funding sent you. If you’re interested in hearing more about their company, Gina can be reached by phone at 484-576-7116 or by email at gina.ruttman@westmotor.com.

Gina Ruttman
Recruiting Executive
West Motor Freight
740 South Reading Ave
Boyertown, PA  19512
800-456-7885 x3227
Cell:  484-576-7116
Email:
gina.ruttman@westmotor.com

Forestry Equipment Financing with Bad Credit

  • Programs available for all credit scores
  • Used equipment OK
  • Past bankruptcies OK Some programs with NO prepayment penalties
  • Previous tax liens OK
  • 3rd party/private party sales considered
  • 10% purchase option (some programs)
  • Financing available on equipment that is “essential” to the business
  • Previous bankruptcies are accepted
  • 1st time owners are accepted (some programs)
  • Previous delinquency issues are accepted
  • Smooth and quick documentation process
  • Past credit problems rarely an issue

In down times, we’ve all gotten behind. However, your bad credit doesn’t need to stand in the way of your business progress. After all, getting new or used forestry equipment can increase your income. Turn to CFIC Funding when you need financing, even those with poor credit.

We look for ways to make your forestry equipment financing experience easy, efficient and cost effective.

To find the right financing that suits your needs while keeping long term goals in mind you can rely on our experience, which allows us to provide the right financing for you. Our programs are designed to help you increase your cash flow that can be used for growing your Forestry business.

At CFIC Funding, we believe that tying up your funds by paying cash for equipment is unrealistic and the most expensive way to acquire that forestry equipment.

Get started with Forestry Equipment Financing with Bad Credit programs today.

Fill out an application and provide a Bill of Sale or Invoice from the seller. We can advise you within minutes with what we will need to move forward.

Pick up the phone and dial 1-310-421-7370 or 1-424-224-7084.

Send your application, Bill of Sale (or Invoice) and Spec Sheet from the seller by email to : david@cficfunding.com and/or wayne@cficfunding.com or by fax to: 1-315-410-6823.

When your bad credit is making you cash poor, you are slowing down the growth potential of your business. Contact us today, regardless of your credit score. CFIC Funding is here to serve you. Make that call right now to 1-310-421-7370 or 1-424-224-7084.

Apply for a Loan Now

  1. Call for a Free No Obligation Consultation. Ask for Wayne at 1-310-421-7370 or ask for David at 1-424-224-7084
  2. We’ll Go Over Your Goals with you and Propose Programs to Match Your Needs
  3. Take a Minute to Fill Out Our Quick & Easy Application
  4. Choose the Best Program for You and Receive Financing Within a Few Business Days

Contact Us!

CFIC Funding
949 W 26th Street, Suite #202
San Pedro CA 90731

Call Us!
Dial 1- 424-224-7084
Dial 1-310-421-7370
Fax 1-315-410-6823

Email Us!
david@cficfunding.com
wayne@cficfunding.com

Connect with Us!
F t in g+ Pin M

Page 2 of 712345...Last »