How long does it take to get an equipment financing approval? When business owners need equipment, it is usually a fairly immediate need.  Maybe a piece of equipment broke down and would be too expensive to fix again.  Maybe you signed a new job contract and you need equipment quickly to meet your job timeline. 

It’s surprising how many finance companies do not go over credit pull requirements with clients upfront, especially when it comes to the type of credit pull being done. It is also surprising that most clients do not ask about credit inquires prior to filling out a finance application. Many equipment financing companies use a soft

Why Equipment Dealers Need an Independent Finance Broker Selling equipment is only half the equation. For equipment dealers, getting a customer excited about a machine is often the easy part. The more difficult question comes next: “How are we going to structure the financing?” A customer may want the equipment, need the equipment, and even

When comparing equipment financing offers, it’s tempting to focus on one number:“What’s my monthly payment?”But that number doesn’t tell you the whole story.Two financing offers can have similar monthly payments while having significantly different total costs.Before comparing offers, look at:1. Total amount you’ll payAdd up the payments and all applicable fees—not just the monthly payment.2.