For many manufacturers, the costs of purchasing new equipment — or replacing equipment that has reached its end-of-life — can be more than daunting: it can be prohibitive. Fortunately, that is where National Business Capital’s equipment financing for manufacturing enters the picture as a practical and affordable solution.
When it comes time to to prepare for the business boom that comes with summer months, manufacturing businesses have a lot of work to do. Not only do they benefit from the boost warm weather brings to any single industry, but to all the industries they manufacture products for. By taking the right preparatory measures,Read More
According to statistics from the United States Census Bureau, construction businesses this summer will most likely have more opportunities coming their way than ever before. With the right preparation, construction businesses could be facing their busiest year yet. Without the right financial plan, contractors could be missing out on what is projected to be theRead More
Business owners from every industry are contacting NBC’s financing advisors with questions about the benefits of using commercial vehicle loans to finance their business goals. Here’s the answers to the top 4 questions clients are asking NBC’s financing advisors about commercial vehicle financing: Q1: What Qualifies as a Commercial Vehicle? Any vehicle that is owned orRead More
Here’s common scenario: a business receives a significant purchase order that would generate substantial profit. But the profit isn’t the only benefit to a large purchase order! It also deepens competitive advantage, boosts brand visibility, and creates a strong customer relationship that could lead to several more purchase orders down the road, along with highRead More
As an entrepreneur and business owner, you know there’s more to your success than simply being passionate about your product. After you put your team together and start putting out products, you realize pretty quickly that you need to do some more complicated business management tasks – like accounting. If you’re the type of businessRead More
For example, take alternative business lender OnDeck. This company may lend to businesses with a FICO score as low as 500, as long as the business is at least 1 year old and generating more than $100K in annual revenues. They have coined their own score called the OnDeck Score, which company staff when evaluatingRead More
When looking to upgrade or replace business equipment it’s wise to make cost-effective purchasing decisions. Buy new equipment and it is yours, but at a cost. Have you dipped too far into your equity for an item that will only depreciate? Does your business require the top of the line model yet you can onlyRead More