There are benefits to both leasing and financing your company’s equipment needs. Your decision depends on the benefit of owning the equipment beyond the loan or lease period as well as your company’s financials. This is a critical consideration that deserves your time and attention, but you have a business to run. So, we put […]
For many businesses, the winter months and the holiday season are the slowest times of the year. Retail stores find that they can clear significant profits on Black Friday, but other stores may find that customers are hesitant to spend any more money than they have to. Home improvements, big-ticket purchases, and services are often […]
If your business needs a cash infusion, invoice factoring may be an excellent solution. Through invoice factoring, your company will be able to sell a portion of its sale invoices without having to worry about additional requirements, such as a high credit rating. Invoice factoring is now being offered at rates as low as 0.7 to 2.0 […]
At MY Company Funding, we offer purchase order financing for businesses looking for $25K in funding and up. Businesses that need to cover a short fall, fund an expansion or invest in repairs and upgrades can get the working capital that they need to stabilize and grow their business.
Our application only, collateral only loans are available for borrowers seeking $300,000 to $30,000,000. Collateral only loans are the perfect solution for business owners looking to secure a loan based on their equipment value. This type of loan is fast and easy, doesn’t require a credit check and offers superb and flexible loan terms.
If you own a business of any sort, you can probably use an influx of cash. You might need this extra money to add inventory, hire employees or to make your store more appealing to your customers. The reasons to secure a considerable amount of cash are seemingly endless. This money is available in the […]
Does your business need a loan? Procuring funding is one of the most challenging aspects of owning a business. When you want to get a loan without giving up your equity, you have limited options. But one of the most versatile and useful options is a collateral only business loan. A collateral only business loan […]
Every business should have positive working capital. This term refers to the difference between assets and liabilities. If you own or manage a business and lack positive working capital, it will be awfully difficult to turn a profit across posterity. The bottom line is you need capital to run your operations on a daily basis and […]
Owning your own business is an exciting and rewarding prospect, and is often the culmination of years of dreaming and planning. Once a construction business is up and running, unexpected expenses will be a reality. Trying to find funding for those expenses can be a challenge, especially for those who did not have a comprehensive […]
Oil fields are opening back up in Texas. The industry is booming, and there is a growing need for labor. This spike in activity will also heighten the demand for new equipment, used equipment and equipment repairs. If you do any sort of work involving oil fields, it is time to consider the merits of equipment […]