Driving Working Capital From Equipment
Joe Nicolosi
?? BUSINESS FUNDING ?Working Capital , Purchase Order Financing, Accounts Receivables Financing ?? [email protected]
Many business owners miss one of the easiest ways to generate working capital for their business. You may only see the financial implications of your equipment at the point of purchase. However, the refi—in all kinds of credit situations—can be a great source of capital for your company. Let's dive deeper in…
Traditional Banks don’t understand most industries that count on commercial equipment to drive profits. Business owners in these industries can all share stories of being turned down by bankers in the best of circumstances, much less when business situations are going through a solvent time. Treading without access to additional capital pressures owners to find a multitude of ways to grow revenues.
Everyone knows that you can borrow against the equity in your home. The home equity loan has become a staple of the American consumer for decades now. But few business owners understand just how easy it can be to leverage the equity in their equipment.
A substantial investment, many companies require equipment to operate every single day. Too often, owners forget the equipment they have paid for over the years has strong residual value even as it is nearly paid off or completely paid for. An equipment lender with a deep understanding of your industry can find value in your equipment to lend against, where the bank simply will pass. An experienced equipment lender can put together favorable terms, act quickly and help you in a variety of credit circumstances to put critical working capital back to work in your company.
Just because the bank doesn’t understand, doesn’t mean options aren’t available. At Starcade Capital, we are committed to delivering businesses with the equipment financing they need—even if its driving working capital from existing equipment. Our approach is different, we actually understand the businesses that depend on the equipment and will work with the clients story.
Give Starcade Capital a chance to inject more working capital in your business so you can skyrocket to new heights.
Let's Talk!
Joe