Category Archives: Credit

Cash or Credit?

Applying for Equipment Financing – Application Only

In general, there are two distinct ways to apply for equipment financing: Application-Only, and Financial Disclosure.  The details of each will vary depending on your lender, and what one lender calls Application-Only may differ from what another lender considers it, but in the big picture, most equipment finance applications will come down to one of the two. The… Read More »

Yes You Should Still Borrow In a Higher Rate Environment

I had an interesting conversation right after the “big” June rate hike.  A customer was in the process of buying a new machine they needed, and the rate hike happened right in the middle of their “which of these two models should we buy?” discussion. And since like most businesses they were going to finance the machine, they… Read More »