Posts tagged with "equipment financing"

The Benefits of Direct Financing with Lease Genie

If you are a small business owner, you know just how difficult it can be to try to receive financing from your local bank. In fact, there are many ways that indirect financing can be troublesome for small business owners, leading to costly monthly payments, and undue stress on your behalf. That’s why, at Lease Genie, we provide direct financing for your small business when banks won’t. From stringent lending requirements and excessive working capital requirements to interest rates that don’t work in your favor, there are a number of reasons why you should consider direct financing over indirect financing. In today’s article, we will be talking about what exactly direct financing is, while providing you with more information on how our direct financing program works!

Are you a business owner that is having difficulty receiving the funding that you need to get your operations off the ground? If so, then you could benefit significantly by working with Lease Genie; the best small business financing company that is dedicated to your success! We know that no two company’s needs are the same, which is why we offer a number of different financing options for your convenience. From working capital loans and construction equipment leasing to commercial vehicle leasing and new equipment financing, Lease Genie is here to tell you “Yes!” when the banks tell you “No.” If you are thinking about applying for direct financing with Lease Genie, but would first like to learn more about our direct financing program, then consider reading more below!

What Is Direct Financing?

Traditional forms of indirect financing require that a financial intermediary, such as a bank, provide you with the financing you need to help your business grow. Essentially, a financial intermediary is “an entity that acts as the middleman between two parties in a financial transaction.” While this seems like a standard procedure, indirect financing does come with some pitfalls. For example, while receiving indirect financing, there is no guarantee that your financial intermediary will remain as a constant. In fact, often times, financial intermediaries can change hands, causing confusion on your behalf. With direct financing from Lease Genie, however, you can be confident knowing that your lender will remain constant throughout the entirety of your financing term. This is just one of the many ways that we are able to provide the most in value to business owners through direct financing!

How Our Direct Financing Program Works

If you would rather take the route of direct financing, then you are probably wondering how our direct financing program works. For starters, no matter what kind of business you own, there is a good chance that we can help fund your business’s needs! With flexible payment plans and 100-percent financing with no down payments, we are confident that you will be able to receive your funding with ease! Our process requires little paperwork, and allows business owners to work directly with the decision-maker instead of having to work with a third party. Contrary to indirect financing, our direct financing program ensures that your application is never left to an automated machine. In fact, every direct financing application that Lease Genie receives is reviewed by an experienced credit analyst that is committed to helping you receive funding for your business, if possible.

What really sets us apart from banks, however, is that we use a risk-adjusted loan pricing model, which can help us better assess the qualifications of all applicants, no matter their credit ratings. So, if you’re tired of being denied financing from banks in your area, then you need to talk to the friendly professionals at Lease Genie today!

If you are interested in learning more about all that our direct financing program has to offer your business, then reach out to the friendly professionals at Lease Genie today. We are constantly working to help small businesses grow by providing them with the working capital that they need to succeed! While we offer a number of different financing options to choose from, we also have a number of resources on our website for your convenience. From our handy leasing calculator to our informative FAQ page, we continue to offer the most in convenience for all of our clients. Visit our website today to get started!

Receiving A Working Capital Loan from Lease Genie

As a small business owner, you may find it rather challenging to receive funding for your business’ needs. Oftentimes, small business owners have a difficult time meeting the strenuous requirements set in place by banks to acquire the financing they need to streamline their day-to-day operations. This is cause for concern for many startup business owners, as eight out of 10 small businesses fail within the first 18 months of their inception. However, with Lease Genie, there is a better way to receive the financing you need for business equipment, expanding your operations, renovating, and so much more. That’s why, in today’s article, we will be talking more about working capital, and how you can easily apply for your next small business loan with Lease Genie!

If you have applied for a small business loan, only to be turned away by banks, then consider getting in touch with Lease Genie. We say “Yes!” when the banks say “No,” as part of our continued commitment to helping small businesses expand their operations. With more than 30 years of industry experience, we have the tools and expertise to ensure that you receive the funding you need to eliminate the hardships that so many small businesses initially face. With financing ranging from $5,000 to $5 million, we are confident that we can provide you with the necessary funding to help get your business up and running! If you are interested in learning more about receiving a working capital loan from Lease Genie, then continue reading more on the topic below!

What Is Working Capital?

If you are new to the world of financing, then you may not know what working capital is or how it works. Simply put, working capital is the total amount of capital that a business has on hand for their day-to-day operations, which can be determined by taking a business’s total assets, less their total liabilities. As you can see, as a small business that is just beginning to start your operations, it can be difficult to have sufficient working capital that will allow you to become profitable early on. This is one of the reasons why Lease Genie provides working capital loans to small businesses, so that they can worry less about their funding and more about their business.

Qualifying for A Working Capital Loan

While you may find it difficult to receive the funding you need for your business at your local bank, Lease Genie makes it easy. In fact, we offer the most in financing with loan requirements that are geared towards small businesses. To qualify for a working capital loan with Lease Genie, you must simply process credit card transactions for at least 60 days, while processing at least $5,000 in credit card sales each month. By following this financing model, we are able to help small businesses grow while offering fast and convenient funding! In fact, many businesses that apply for a working capital loan with Lease Genie are typically approved for financing in 24 hours or less!

Working Capital Loan Eligibility

If you are wondering whether or not your business is eligible for receiving a working capital loan, you can rest assured knowing that we work across several different industries for your convenience. From restaurants and construction companies to hair salons and landscapers, there are few industries that we haven’t helped receive funding for their working capital needs. We know that you may face a number of roadblocks working with banks, which is why we work hard to make it as convenient as possible for business owners to hit the ground running!

We hope that you found this article on working capital loans to be informative. If you have any questions or concerns about our services, or if you would simply like to learn more about how Lease Genie can help your small business grow, then don’t hesitate to reach out to our team of knowledgeable professionals today. We have helped countless businesses receive the working capital they need to flourish, and we’re ready to help you too! To get started today, simply visit our website, provide your name and email address, and click the “get funded now” button. It’s that easy! We look forward to helping your small business grow!

Get Approved for Equipment Financing with Lease Genie

If you are a new business that is strapped for cash, there is a good chance that your lack of funding imposes certain limitations that can compromise your daily workflow. From unsuitable equipment to no equipment at all, there are many reasons why startup companies struggle to get their feet on the ground during their first few years of operation. However, with equipment financing, you can quickly and easily begin to operate how a professional business should. That’s why, in today’s article about getting approved for equipment financing, we will be discussing a few of the industries that Lease Genie commonly serves!

If you are looking for the top equipment financing company that offers quick and easy approval times, look no further than Lease Genie. We know that it can be difficult to receive funding for your business, especially if you are unable to receive funding from banks, which is why Lease Genie says “yes,” even when banks say, “no.” If you are interested in learning how Lease Genie can help your business grow, continue reading more on the subject below.

Restaurants

As a restaurateur, you may find it difficult to keep up with the many demands of your customers. To make matters worse, old or broken down kitchen equipment can leave your food service slow or completely inoperable at times. This can leave much to be desired for guests, who may be inclined to visit another restaurant the next time they decide to eat out. Why lose potential returning customers when you could be turning a profit as soon as you open your doors for business? With Lease Genie, you can receive equipment financing for kitchen appliances, dining furniture, and so much more.

Construction

Using old construction equipment can be dangerous and can lead to workplace injuries. However, with the right tools at your disposal, you can reduce the risk of injury while improving work efficiencies. This is why construction companies choose Lease Genie when they are searching for the best construction equipment that can be financed at an incredibly affordable price.

Commercial

If you work in the commercial sector, and are required to make frequent deliveries, you may become overwhelmed without the right fleet of vehicles at your disposal. At Lease Genie, we offer professionals in the commercial sector the best selection of commercial vehicles currently available. Streamline your workload capabilities today with equipment financing from Lease Genie!

New Businesses

Are you a new business owner that is having difficulty receiving funding? Getting up and running is hard enough, why complicate your endeavors further by not having the proper equipment at your disposal? With Lease Genie, you can furnish your office building with the latest and greatest equipment designed to improve your business’s workflow and reduce operating costs.

If you are interested in receiving equipment financing quickly and easily for your business in Omaha, get in contact with the financing professionals today at Lease Genie. We have helped a variety of businesses receive funding in a timely manner, and we’re ready to help you too! Visit our website or call our team of professionals at 402-281-9830 to learn more!

Setting Up Your Restaurant with Equipment Financing

If you are considering opening a restaurant in your area for the first time, you may not know how much work must be completed up front before opening for business. From finding an ideal location that is suitable for your restaurant’s needs to furnishing your restaurant’s interior with tables, chairs, and kitchen appliances, there are a number of steps that must first be taken before welcoming new guests to your establishment. That’s why, in today’s article on equipment financing, we will talk a little more about how leasing your kitchen’s equipment can help save you money upfront so that you can start becoming profitable during your first few months of business.

At Lease Genie, we are your top online resource for equipment financing, construction equipment leasing, new business equipment, and so much more. With more than 30 years of experience in the financing industry, and having helped countless small and large businesses grow, we know that you will be pleased with what we are able to offer you. To learn more about how Lease Genie can help to ensure that your restaurant is ready on opening day, continue reading more on the subject below.

Get the Right Equipment

Many new restaurant owners may be strapped for cash, and for good reason. Not only do restaurants require a full offering of furnishings in the form of tables, chairs, and booths, they also need a fully functional kitchen to ensure that the business runs smoothly and efficiently. When combining these two substantial costs with the cost of renting or purchasing property, you can begin to see why opening a restaurant can put a significant strain on an individual’s wallet.

Receiving the proper restaurant equipment can also help you save on costs later down the road. Since it can be so costly to open a restaurant, many new business owners will opt for less than ideal equipment that may break down or fail altogether. If funding for your restaurant is lacking, it may be a good idea to invest in restaurant equipment leasing with Lease Genie. Not only will you receive the best restaurant equipment currently available, you will also receive peace of mind knowing that your financed equipment is built to last for countless years to come. This can help to maintain your business operations without having to worry about making costly repairs or replacements.

Accommodating All Guests

When opening a restaurant for the first time, it is not uncommon for new restaurant owners to work with limited equipment that ultimately restricts the amount of guests that they can effectively serve. Not only does this slow down your kitchen’s operations, it also creates unhappy guests that are required to wait extended periods of time before receiving their food. Instead of hamstringing your restaurant’s ability to service guests, consider equipment financing through Lease Genie.

With the right kitchen appliances, not only will you be able to get food out quicker to your guests, you will also be able to keep up with lunch and dinner rushes. By streamlining your kitchen operations, you will be able to rotate guests in and out of your restaurant much quicker, leading to an increased bottom line, positive reviews by guests, and a growth in your customer base that will continue to pay dividends in the form of repeat customers. For this reason, Lease Genie continues to be the best solution for new business owners that are looking to give their guests the most in service.

These are just a few of the many ways that Lease Genie is able to help small businesses continue to grow throughout the country. If you would like to learn more about our financing options that we offer to business owners, visit our website today! From commercial vehicle leasing and industrial equipment financing to financing for new business equipment, we know that you will be able to find what you are looking for on our website. To get a fast quote on how much financing you are eligible to receive, call our friendly team of lending professionals at 402-281-9830 today! Alternatively, you can simply visit our website, provide your name and email, and one of our team members will be in touch with you shortly regarding your leasing options. We look forward to speaking with you!

THE BENEFITS OF EQUIPMENT FINANCING IN THE MIDWEST

The Benefits of Equipment Financing in the Midwest

Whether you are brand new in business or have been around for many years, figuring out how to buy or upgrade the equipment to keep your business growing can present a significant challenge. In many cases, equipment leasing can provide the solution you’re been looking for. If you have not considered the possibility of equipment financing for your Midwest small to large business, consider the following benefits:

Increases Your Cash Flow

Cash flow is the lifeblood of your business. If you do not have enough cash, you run the risk of not being able to make payroll, not being able to pay rent, or not being able to take care of your vendors or suppliers. With this in mind, it makes sense that you don’t want to have thousands of dollars tied up in your equipment. When you lease your equipment as opposed to buying it outright, you are able to make affordable monthly payments that fit into your budget, instead of coming up with a huge down payment that could be used in other areas.

Can Save You Money on Your Taxes

Section 179 of the tax code allows you to deduct the amount you spend on your equipment lease from your business taxes. The amount you deduct may even exceed the amount you spent on the lease payments throughout the year, making equipment leasing a win in every sense of the word.

Makes it Easier to Upgrade Equipment

When you shell out thousands of dollars on a piece of equipment, you can get pretty attached and end up using it far longer than you should. Old outdated equipment harms productivity and employee morale. When you lease your equipment, it’s easy to upgrade equipment without the hassle of selling old equipment or saving enough money to buy newer equipment outright.

Easier to Obtain Than Bank Loans

Having less than perfect credit can be a big hindrance for business owners who want to obtain equipment for their company. Lease Genie works with ALL credit qualities, accepting “A”, “B”, and “C-challenged” credits, offering bank rates without the bank hassle. Rest assured, Lease Genie has a lease program for any company, making it possible to have the best equipment for your business.

 

Do you have a business that is need of new equipment? If you’re experiencing credit issues or just want to make sure you have enough cash flow to keep your business running, your business should consider equipment leasing. If you have any questions about our leasing programs, please feel free to reach out!