Equipment Financing — Plenty of Benefits Other Than Cash

One of the most popular and commonly used funding structures worldwide is Equipment Financing. Companies like yours use Equipment Financing structures to:

• Finance the Purchase of New Equipment

• Refinance Your Used Equipment to Free-Up More Cash For You

• Use As a Key Component of a Larger Financing Strategy

• Accommodate A to D Credit Profiles

Consider all financing options when acquiring equipment. We suggest you analyze your alternatives and look for solutions that best match your cash flow, tax strategy, balance sheet and equipment management objectives.

Some of the primary uses for Equipment Financing to consider include:

• Complete Flexibility: You choose the equipment types, lease term and end-of-lease options that best support your business objectives.

Project Financing: Streamline equipment procurement with turnkey solutions.

Cash Flow Management: You can structure lease payments to work with your business cycles. You can match payments to seasonal cash flows so you pay less during equipment startup, and/or establish quarterly, semi-annual or annual terms.

Equipment Management: Fair market value (FMV) leasing gives you the option to return equipment at lease end. Substitution of equipment during the lease term can be an option as well.

Convert Equipment To Cash: Sale/leaseback transactions with your used equipment enable you to generate needed capital that can be used for any number of reasons.

All-Inclusive Financing: We can design your lease to finance all costs related to your equipment project, including installation and “soft” costs.

Fixed-Rate, Longer-Term Financing: Predictable payments ease cash management, while longer terms can generally match the depreciated life of the equipment and offer lower payments.

Balance Sheet Advantages: Properly structured leases allow for off-balance-sheet financing that improves debt, working capital and return on asset ratios.

Equipment Financing also provides some excellent tax benefits for most businesses.

Off-Balance-Sheet Financing: Some operating leases allow your business to keep lease obligations off your balance sheet.

Tax Strategies:. Lease payments may be fully tax deductible as a business expense. Be sure to check with your tax professional. Payment schedules can be customized for seasonal, tax, or contract reasons.

Mid-Quarter Convention: Leasing can help you avoid the negative consequences to depreciation schedules when more than 40% of your equipment acquisitions occur in the 4th quarter.

This information is not intended as, nor should it be viewed as, specific legal, compliance or financial advice. Consult your tax advisor for information specific to the state(s) where you file taxes.

But, as we’ve said before, some lenders will embrace your industry and/or class of business when others won’t. So, if you need assistance identifying the right lender or deciding on the proper lease structure for your needs, you will save lots of time and wasted effort by asking us for a little help.  Our services are generally success based, so there’s no risk in talking.

If you need help, ask for it. Visit us tomorrow for another free commercial loan secret and be sure to subscribe to our RSS feed.

You can also contact us to ask questions and voice your concerns. Just pick up the phone and dial, CFIC Funding, Inc. today at 310-421-7370! Ask for David Young or Wayne Clinton. You can also visit http://www.cficfunding.com or mail david@cficfunding.com or wayne@cficfunding.com

How to Get Money for Business Success

Many business executives and owners pose a simple question: How can I get money? We need working capital. We need to upgrade our equipment. We need a line of credit. Where can I get money?

Getting your business financed is arguably one of the most important steps needed for success. Yet very few business owners really understand how lenders, underwriters and loan committees make decisions. Like many businesses, yours may be faced with the challenge of needing to raise funds or you’ll limit growth and miss profit opportunities.

So off you run to your bank and “ask” for a loan… only to be faced with the less than favorable response. Asking soon becomes one frustration after another and then many simply give up. Sound familiar?

Well don’t give up… there is more than just hope… success may be only one strategy around the corner. That’s where this blog proves to help. It will show you where to get money. It will show you how to get money. There are very common mistakes, misconceptions and misunderstandings in getting approved and successfully funded that we’ll help you avoid.

Once you know how to ask to get money, where to ask to get money and who to ask to get money… you’ll find that success can be as simple as
‘painting by the numbers’!

In this blog you’ll discover priceless knowledge in business financing that even most bankers, CPA’s, attorneys and loan brokers don’t know or won’t tell you.  Why is that? The answer is in specialization.

Bankers specialize in the lending appetite of their employer who may have little to do with your specific money needs. Attorney’s specialize in legal aspects of loan contracts but may not have all the answers that you need to acquire funds for your business. CPA’s specialize in financial reports and tax issues, but just like the attorneys, they share the same disadvantage of not fully understanding how to get you across the financial finish line. Loan brokers often specialize in a particular type of loan, such as real estate or SBA financing and may look at your loan through the wrong “set of glasses.”

You’ll Learn How to Think Like a Lender and Get Money…

What if you could be a fly on the wall during a ‘loan committee’ meeting concerning your loan request? Better yet, what if you could set the stage in your favor? It’s not only possible, but highly probable once you know the strategy.

The good news is… you’re not stranded! This blog is your compass and will help you cut straight through the red tape to find your way to securing business loans from banks and private lenders alike.

Most traditional lending sources only offer programs focused on particular industries and certain sized business that they’re comfortable with, which may not match the needs of your business or project. On the other hand, there are virtually dozens of viable programs and hundreds of funding sources worldwide that are compatible with your needs. Most importantly, what this means to you is, you can now access the best programs and sources of cash for your specific money needs!

We’ll be covering the following types of loans and how your best strategy may ultimately be a combination of these loans that most appropriately fits your business:

• 100% Financing
• Contract Financing
• Project Financing
• Acquisition-Funding
• Start-up Loans
• Inventory Loans
• Accounts Receivable Loans
• Factoring
• Purchase Order Financing
• Working Capital Loans
• Agricultural Loans
• Equipment Leasing
• Loans using equipment as collateral
• Commercial Property Loans
• Unsecured Borrowing
• Business Lines of Credit
• Warehouse Financing
• Machinery Loans
• Flooring Lines
• International Loans
• Real Estate Development Loans
• Construction Financing
• Virtually ANY Type of Business Loan

There are sources of cash ready to handle any type of legitimate business loan or lease you need. However, most business owners don’t know who they are or what to send them.

This blog is where you learn….

If you need help, ask for it. Visit us tomorrow for another free commercial loan secret and be sure to subscribe to our RSS feed.

When you ask the question: How can I get money? You can contact us to ask questions, we’ll advise you how and address your concerns. Just pick up the phone and dial, CFIC Funding, Inc. It’s where to get money. Call us today at 310-421-7370!  Ask for David Young or Wayne Clinton. You can also visit http://www.cficfunding.com or mail david@cficfunding.com or wayne@cficfunding.com