What Our Clients Say About Us

My Business needed equipment to replace older technology and to automate some of our current procedures. SCL helped me with the loan process, obtaining a quick and easy financing solution that met with my company’s budget.  Their team is very helpful and honest. We have a new funding partner as we continue to grow.

The Business Owner’s Guide to Equipment Financing

What is Equipment Financing?

Equipment financing is designed specifically for the purchase of equipment. Business owners have multiple financing options when deciding which finance program fits best for your company.

Financing Programs

Material Handling Financing

SCL has over 25 year’s experience in providing financing for companies nationwide. We provide indirect financing to dealers for their customers as well as direct financing to end users. 
Read more

Food Manufacturing Financing

The way our food is prepared, processed and packaged has become a highly automated process. In recent years, robotic and automation equipment has steadily found its way into most food processing and packaging facilities, and this trend is expected to continue over the next few years.
Read more

The 10 Most Asked Finance Questions

  • Operating lease – FMV at the end of the lease term
  • Capital lease – $1.00 at the end of the lease term
  • How much is my payment vs renting the equipment?
  • Should I go to my bank and use my credit line?
    Read more

Does Your Vendor Offer Financing?

A good way to find a reputable finance company is to ask your vendor you are purchasing the equipment from. Work only with a reliable source that has industry experience.

SCL Vendor Finance Programs – Creating an Easy Purchase Process

One Point of Contact:
Barbara Griffith
714-573-9804 ext 101

Get ready for your best year!

SCL is Open- We have been helping our customers during the Government Shutdown to get the loans they need

Many businesses are feeling the harsh effect of the government shutdown. Most importantly, obtaining a SBA loan that is currently inactive. Economists estimate $2 billion in funding that is already been delayed.

Since 1992 SCL has always been a lender that supports our clients and their need to grow and acquire capital.

We are here to assist our clients that are in a holding pattern during this shutdown.

Application Only up to
$500,000
No Financials Needed

Working Capital Loan for short term lending

About SCL

One point of Contact

Barbara Griffith
714-573-9804 Ext 101
bgriffith@sclfinance.com

A Guide to Keeping Your Business Healthy

How to Improve Your Credit Score
Take 3 Steps to Improve your FICO

Your credit score is one of the most important numbers you can have. Take steps to improve your score.

credit scores chartCredit Scores

750 – 850 Excellent – This represents the best score range and best financing terms. 13% of the nation’s population has scores about 800.

700 – 759 Very Good – Qualifies a person for favorable financing. 58% of Americans have credit scores above 700.

660 – 699 Good – A score in this range will usually qualify for most loans. Typically represents a consumer with no late payments.

620 – 659 Fair – May still qualify but will pay higher interest. For most credit grantors this is usually considered the cutoff line between good and risky credit.

How to Improve Your Business Credit

Here is a simple tip to help you improve your business credit score
 
  • Check your D&B Report
  • Diversify your banking relationship
  • Open a credit line with another Bank
  • Not your current bank
  • Ask SCL for a copy of your D&B report

SCL The Power to Fund

Equipment and Working Capital Loans

SCL Funding Power
Transactions size – $10,000 – $25 Million

  • Application Only with No Financials
  • $10,000 – $500,000
  • $1.00 buyout and FMV buyouts
  • Payment Calculator

SCL Equipment Finance – Established 1992

 

Barbara Griffith
President

800-291-8877 ext.101

Barbara Griffith, President SCL Equipment Leasing

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Why Companies Are Automating Their Operations

Industry Trends – Automation

If you want to get a better idea about what is going on in the economy, take a look at the automation industry trends.

EDA is a useful website to provide you with information on what is selling, who is buying, what the equipment industry market trends are and how your equipment might fit in.

Small Business Financing – Facts & Figures

Do you ever wonder how small businesses buy equipment? The following points provide a good overview on the sales and/or acquisition process of small businesses.

  • 81% of small businesses prefer to have a payment over the equipment sales price
  • 84% of small businesses are without a financing plan when starting to search for equipment
  • 94% of small business owners would return to a dealer that provides financing options
  • 73% of small businesses would rather NOT finance equipment with their bank

The Pulse of the Industry

Take a look at the pulse of the business economy through these charts from the past two years.

New Funding Announcement

SCL Equipment Finance is pleased to announce that we can now fund up to $500,000 through our application only program. This means that no financials are needed, only a simple 1-page application to help you acquire the funds you need.

SCL is a nationwide equipment finance company. We work with customers just like you to bring wide-ranging equipment financing solutions. We hope you found this information useful. If you would like to learn more about financing, don’t hesitate to reach out.

Barbara Griffith, President SCL Equipment FinanceBarbara Griffith
President

714-573-9804 ext.101
If you ever have any questions about your equipment purchase, or the cost for financing, please touch base with us.