Small and large businesses alike finance equipment to manage cash flow while meeting capital expenditure needs. Equipment financing offers several advantages over cash purchases of large ticket items such as computers, construction equipment and other equipment that is essential to your enterprise.
The trucking industry is the heart and soul of the American economy. If you own a trucking and logistics business, you know how difficult it is to stay competitive and meet your client’s tight delivery timelines. In order to survive, it takes a sizable fleet of trucks and experienced, reliable drivers. Working capital loans can […]
If you own a construction company or other seasonal business, you know it can be tough to get through the slow winter months. The cold weather grounds some businesses until spring, but even retail stores and restaurants experience significant drops as customers hunker down at home after the holiday rush. This slow period would be a […]
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 […]
If you own a construction business, you know that purchasing new equipment can throw a wrench in your company’s budget and drastically impact your bottom line. Taking advantage of financing options allows you to expand your business without tanking your cash flow or exploding operational costs.
Businesses that need cash have two options: taking out a loan on their assets or taking out a loan on their credit. But what if a business doesn’t have physical assets or credit for a loan? Many businesses that are just starting out may not be able to apply for traditional loans. Luckily, if they […]
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.
Just about every business stands to benefit from equipment financing. We provide this important form of financial assistance to help businesses that need capital for the purchase or lease of machinery, tools and other necessities required to produce their products. We will help you pay for these essential machines so you can meet demand, stay […]
The prudent management of working capital is crucial to a business’s success and growth. Working capital is best defined as the difference between a company’s assets and its debts. Think of it as an important business metric that gauges how financially sound a company is. If debts outweigh assets, a company is in desperate need […]
