How to Get Logging Equipment Financing, Even When the Banks Are Saying NO

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The most frustrating hurdle to overcome in business is cash flow, isn’t it? As a logging, forestry or land clearing business owner, you need cash for new or used equipment or payroll or advertising and more. You ask yourself, “When is it going to get easier to get financing—and what do we do meanwhile?” Well, you are not alone. A lot of business owners are asking themselves that same question, right now.

It’s been a situation small-business owners have struggled with since the economy melted down.  Even worse, business banks reacted to the financial crisis by tightening their lending standards.

Now, despite the slow but steady recovery, it’s still tough for many small businesses to get a traditional bank loan. Businesses that were once able to borrow whenever they needed the capital to grow or to survive are now struggling to keep their doors open.

“I had opportunities to grow my business, but I was losing out
because I lacked the
capital I needed to seize the opportunities
I worked so hard to bring in.”

“Cash flow has been tighter than usual and sometimes I needed a loan to purchase inventory, equipment, make payroll or fulfill my obligations to my vendors. I’ve been in business for over

8 years, but now that the economy is picking up, I was still unable to take full advantage of the upswing in the market because of the lack of small business lending from banks.” Bill H, owner of a logging company in Frazeyburg, Ohio told us.

Like many owners, Bill began looking toward other sources of financing, such as an alternative lender. Increasingly more and more business owners are leveraging short term, unsecured business loans to grow and expand their business.

Turning the Tide in Your Favor

CFIC Funding is a great option for businesses that need a short-term loan with flexible re-payment options and funding in as little as 24 hours.

Instead of looking at just your credit score, we take more of a “360 Degree” look at your business to determine what your best lending options are.  We work with our partners to get you the funding you need and, simultaneously, fill in those gaps where traditional banks are failing to serve small business owners.” David Young President of CFIC Funding stated.

“Having options and flexibility is very important to me,” said Tharron S., owner of a transportation firm in Wilmington, DE said. “I rest a lot easier every night, knowing that when opportunities arise or any cash flow needs come up, I’m able to access the cash I need when I need it. I can now handle a situation before a small problem snowballs into something bigger because of the lack of capital.”

“I especially like the fact that we can usually get everything we need within 4 or 5 working days.”

If you are a business owner or manager who wants to learn more about alternative business financing options you can find more information at: www.cficfunding.com or call 310-421-7370.

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