What if the person who trimmed your hair was also your family doctor, dentist, and surgeon? In medieval times, this was a thing – but not such a good thing.

Eventually, people realized that some relationships (you and your stylist/barber) are good for some things (like getting your hair cut) but not for other things (like having your teeth pulled).

Similarly, it’s clear that some lending relationships are good choices for meeting some needs but not others. Yet businesspeople everywhere are still trying to force all their financial needs onto the same lender. Consider this:

  • Only 29% of small businesses are “highly confident” their lending relationships can fuel growth plans
  • 82% do not believe their lender understands their business
  • 54% of small business owners have not attempted to earn new business because of the capital requirements to acquire the equipment for the opportunity

Business owners are forcing equipment needs into lending relationships that really aren’t built to do equipment financing well. And they’re missing out on growth opportunities because of it.

The fact is, some lenders just don’t understand commercial equipment.

They offer limited term options that can increase your payments. They require more cash down. They generally offer no options at the end of equipment life.

And those are just some of the problems. Exposure limits, credit declines, limits on working capital and other frustrating issues ultimately lead businesses to pass on opportunities.

It doesn’t have to be this way. You need financing. You need the equipment to grow and efficiently operate your company. But you don’t need to settle for the limitations of lenders that don’t deeply understand commercial equipment financing. Especially when there are lenders that do.

For more than 30 years, we’ve been helping businesses like yours get equipped for growth. We know commercial equipment financing, and we’re here with the flexible options you need to affordably go after the opportunities that come your way.