June 2020 Manufacturing Reached a High!

Economic activity in the manufacturing sector grew in June

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The Good News Is That Production Grew!

Economic activity: The manufacturing sector grew in June, with the overall economy notching a second month of growth after one month of contraction, said the nation’s supply executives in the latest Manufacturing

The economy is likely to get back on track in September

The good news is that Goldman Sachs doesn’t think the consumer comeback has stalled out completely, and expects the economy will likely get back on track in September, for two reasons:
Hello September
2020

Top 10 2020 Manufacturing Trends

Manufacturing trends are driven by manufacturers’ strong confidence in their ability to deliver high-quality products that earn repeat orders while delivering excellent customer experiences. Their most anticipated growth barriers are chronic labor shortages.

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Nationwide Equipment Financing | June 2020

Unlocking New Opportunities with Automation

Is It Time To Retool Your Business & Invest In Technology?

industrial equipment - sclequipmentfinance.com

Workplace Automation

More plants are shifting to automated systems to manage their manufacturing process, but the technology will not entirely wipe out the human workers. Some plants will still need the human operators to navigate the more complex controls.

See the trends…

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101 Best Leadership Skills

Being a leader is one of most difficult & rewarding positions in the world. Whether you’re just starting out or you’re an industry veteran, knowing which traits effective leaders should have is an integral part of your success.

See the full how-to tip…

bottling equipment

Is This The Right time to Retool Your Business?

Successful businesses are starting to think about retooling their companies. The US Supply Chain is coming back and companies need to rethink about buying equipment and retooling. SCL can provide equipment financing for your new equipment purchase.

Opening Up America Again

” When everything seems to be going against you, remember that the airplane takes off against the wind, not with it.”
Henry Ford

Guidelines: Opening Up America Again

Guidelines for Opening Up America Again

What is the three-phased approach?These steps will help you understand when reopening your business. We are getting people back to work, and continuing to protect American lives.

Keeping Informed

CARES Act

Paycheck Protection Program Loans Frequently Asked Questions (FAQs) as of May 3

You should use the proceeds from these loans on your Payroll costs, including benefits, Interest on mortgage obligations, Rent, Utilities, Payroll costs include: Salary, wages, commissions, or tips

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Vendor Financing 101
“Learn how to offer financing to your customers and increase your sales!”

This year will bring a number of big changes to virtually every industry. Having a solid financing solution to offer to your customers will increase sales. Ask me to provide a complementary webinar to your sales team

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Support Local Business

The Value of Equipment Financing

If you’re a small business owner you understand how important it is to quickly and economically obtain, upgrade or replace the equipment needed to perform your daily tasks. Purchasing equipment outright can put substantial strain on your cash flow. Equipment financing may be the ideal solution to keep your business functioning at optimal performance or to expand to meet increasing demand.

Helping Our Customers Get The Paycheck Protection Loan

Extended Disaster Relief PPP

PPP Loan Program- Accepting Applications

Many of our customers are struggling to find a lender that can help them apply for SBA’s Paycheck Protection Program Funding. One of our financing resources, has recently launched a resource center to begin processing these forgivable loans. To get started:

1. Learn more about the Paycheck Protection Program
2. Gather all required paperwork and documentation
3. Submit your application now
4. Receive funding, retain employees, and strengthen your business

We really appreciate your business and value you as our customer.

The Payment Protection Program

“We Keep Moving Forward, Opening New Doors, and Doing Things Because we are Curious and Curiosity Keeps Leading to New Paths”
Walt Disney

PPP app

How Does the PPP Loan Work?

The loan proceeds are used to cover payroll costs, and most mortgage interest, rent, and utility costs over the 8 week.

Keeping Informed

signing loan contracts

Who can use an SBA disaster loan?

The line is long the application process is short. Here is the information you need to know.

  • $10,000 – $2 Million loan amount
  • Interest rate is 3.75 – 30 years
  • No payments for 11 month

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Opening Soon sign in shop window

Business owners and industry experts weigh in on what emerging trends they think present the greatest opportunities for businesses

This year will bring a number of big changes to virtually every industry. What follows are the top ten emerging trends business owners and industry experts think present the greatest opportunities for entrepreneurs.

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Support Local Business

Is It Time to Change Your Bank Relationship?

Looking at the history of banks and how they took care of their bank customers you should consider this now. Was your banker there when you needed them? If the answer is no then consider moving to a small community bank.