Tag: equipment financing
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Easy access to financing options could be most underutilized sales tool for equipment dealers
Posted On: August 31, 2021 by Falcon National Bank in: Manage your Business | Business Banking, Your Financial Life | Personal Banking
For equipment retailers, leveraging affordable financing options is almost as important as the product features you are selling, when closing the deal. Conversations between dealers and their clients usually start with defining what is needed to do the job: features, functionality, model and manufacturer options. The discussion typically moves into pricing and affordability. Letting buyers know, early in the sale process, that financing is available moves that buyer one step further down...
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How Equipment Leasing Can Benefit Your Small Business
Posted On: January 27, 2021 by Falcon National Bank in: Manage your Business | Business Banking
Are you a business owner trying to decide whether you should buy or lease the equipment you need to run your business? In some cases, it is a better investment to outright purchase equipment for your business, especially if you are buying equipment that will not depreciate in value or that you will not need to replace. In other cases, leasing makes much more financial sense. Leasing equipment can be beneficial to your business for several reasons. From cash flow improvements to helping your...
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A Brilliant Deduction (Section 179)
Posted On: February 12, 2019 by Falcon National Bank in: Manage your Business | Business Banking
November and December are always busy months in the world of Commercial Equipment Financing. At the urging of their accountants, many of our customers rush to make last minute yearend equipment purchases. Why the big rush you may ask? Well, My Dear Watson, it comes down to the fact that they are running out of time to take advantage of the SECTION 179 TAX DEDUCTION. What is the Section 179 deduction? Most people think Section 179 is some complicated and mysterious tax code. Truth is, it is...
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