Category Archives: Credit

Cash or Credit?

Shark Tank Financing

I want to discuss a particular aspect of equipment financing that many businesspeople really don’t understand. And that’s the difference between what I call “straight” financing (like what my company and other lending institutions do), and speculative / investor type financing (like venture capital / TV shows like Shark Tank, etc.) I need to write about this because… Read More »

A Business Credit Myth

One thing that many people misunderstand about business lending (and this means banks as well as equipment finance companies) is we do not like high risk. Period. So that said, there’s this myth that lenders will lend businesses money based on a business plan. The myth more or less follows the thought that when you are in the… Read More »