Commercial Equipment Funding Blog
Equipment Financing vs Equipment Leasing
Your Next Equipment Purchase Cash, Loan Or Lease? Nearly any type of equipment can be financed if it's used for a business purpose. As you consider your purchasing options, ask yourself what are the best funding sources for your company. Business or personal...
Money For Sale
Equipment loans for small business are increasingly more expensive and difficult to find with no relief expected in the near future. In May, banks rejected more than 8-in-10 business loan applications – according to the Biz2Credit Small Business Lending Index released June 6, 2023.
When’s The Recession?
Reading the tea leaves of the U.S. economy is confusing even in the best of times. With so much contradictory data in flux, it’ll leave you scratching your head. The old rule of thumb says a recession is defined by two straight quarters of decline in economic activity, reflected in gross domestic product (GDP). Yes, but the strong labor market begs to differ.
Q1 2023 Review: Risky Business
Q1 2023 Review: It’s Been A Wild Quarter - What’s Next? It's Enough To Make Your Head Spin As we carry on into Q2, concerns about continuously rising interest rates and a looming recession have made small business owners apprehensive about their future...
Small Business Credit Scores And New Equipment Acquisition
Like a personal credit score, a business credit score measures the level of risk you pose to a potential lender. Unlike personal credit scores, most of which adhere to the FICO model, business credit scores don’t follow an industry standard. Understanding the three major business credit bureaus will give you the insight necessary when seeking equipment financing.
The Fed’s Not Done Raising Rates
What The Latest Interest Hike Means for Equipment Financing A Modest Increase For Now On Wednesday, February 1, 2023, the Federal Reserve raised the interest rate at the end of its two-day policy meeting, citing persistent inflation. The Central Bank approved...
The Good, The Bad And The Ugly For 2023
The Road Ahead In 2023 The Good, The Bad And The Ugly The new year is a great time to reflect on the past 12 months, analyze current and future trends, and strategize new ways to improve your bottom line. Planning is a challenge when you’re dealing with...
Goodbye 2022, Hello Recession?
Small Business Owners See Easing Inflation Pressures, Yet Prices Remain High Is 2023 The New 2008? It seems we hear the word "recession" often lately, yet are the numbers actually reflecting that? Inflation cools in November for the second-straight month,...
This 0.75% Fed Rate Hike Isn’t The Last
The Federal Reserve announced on Wednesday, November 2, 2022 that it is raising interest rates by 3/4 of a percentage point in an attempt to apply the brakes to inflation. It warned that rates will have to go even higher to bring stubbornly high inflation under control.
The Fed’s traditional reaction towards inflation is increasing the short-term borrowing rate for commercial banks. Banks pass those increased rates to borrowers looking to take out personal or commercial loans. Borrowing money becomes more expensive, forcing companies to consider any significant move. The strategy pulls cash out of the economy and with any luck decreases inflation. However, inaction comes with its own risks as small businesses jockey for position in the economic recovery.
Let The Good Times Roll with Seven Sons Trucking
The Never Ending RoadHis Own Man It’s been a good long run since Mitch Cunningham left his job as a superintendent of a construction company to start his own business back in 2014. In the beginning, there was just one truck, a small one room office and a lot of moxie....
Welcome to Commercial Capital’s Blog Equipped To Succeed. We deliver news and insights that allow you to make informed financial decisions when acquiring new or used equipment for your growing business.