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Laundromat Equipment Guide: Expected Costs, Where To Purchase, & How To Finance Laundromat Equipment

Few businesses have quite the same relationship with their equipment as laundromats. Customers will be regularly paying you to directly utilize your equipment, so it goes without saying that you want to spend a lot of time thinking about your equipment purchases. If you’re thinking about starting your own laundromat and want to get a sense of how much the equipment will cost, where to buy it, and how to finance it, you’ve come to the right place.

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Jun 1, 2020 Filed under: Business Loans, Equipment Financing 0

Tech Equipment Leasing VS Buying: Should You Lease Or Buy Computers & IT Equipment?

Computers, IT equipment, and related items pose unique issues for businesses trying to decide whether to lease or buy. Tech equipment becomes obsolete more quickly than almost any other type of equipment, making it a poor long-term investment. At the same time, many businesses need to keep their tech hardware up-to-date in order to remain competitive. Should you buy or lease your tech equipment? Read on.

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May 28, 2020 Filed under: Business Loans, Equipment Financing 0

When You Should (& Shouldn’t) Return PPP Money & How To Return PPP Funds If It’s Not The Right Fit After All

It was a long time coming for many small businesses seeking relief through the Paycheck Protection Program (PPP). Now that they have the money and have read some of the fine print, some business owners are discovering that the program may not be a great fit for their specific circumstances. If you have received a PPP loan but are having second thoughts about whether or not it’s a good idea to keep the money, you are not alone.

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May 15, 2020 Filed under: Business Loans, Small Business 0

Bad Credit Equipment Leasing & Loans: 7 Equipment Financing Solutions If You Have Poor Credit

Most businesses need equipment to run their operations at full capacity. What they may not have at any given time is the ability to buy all the equipment they need out of pocket. Borrowers with bad credit may worry that they’ll be locked out of the financing they need. This post takes a look at some of the challenges borrowers with bad credit may face in trying to get equipment financing — and some of the equipment financing solutions they can use to get around them.

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May 15, 2020 Filed under: Business Loans, Equipment Financing 0

6 Financing Options For Up & Coming Entrepreneurs (Plus 4 Expert Funding Tips To Get You Started)

Starting any business can be challenging, but the quick growth and turnaround times commonly associated with entrepreneurial ventures come with their own particular set of challenges. You’re entering a fast-paced and cutthroat segment of the economy with both high risks and high rewards. To start your journey as an up and coming entrepreneur, you’ll need to take stock of your financing options.

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May 11, 2020 Filed under: Business Loans, Crowdfunding 0

Paycheck Protection Program (PPP) Loans For Sole Proprietors: Where & How To Apply

With Round 2 of the Paycheck Protection Program (PPP) looking to be about ready to begin, businesses that missed the first round will have a second chance to take advantage of the popular relief package. This includes businesses whose owners may have assumed they did not qualify due to being sole proprietorships with no employees (this status technically applies to freelancers as well). If you’re an individual with self-employment income, you can qualify for a PPP Loan if you meet certain criteria.

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Jun 4, 2020 Filed under: Business Loans, Small Business 4

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