Economic activity in the manufacturing sector grew in June

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

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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Unlocking New Opportunities with Automation

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

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…

101 Best Leadership Skills

See the full how-to tip…

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.

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

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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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.

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.

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

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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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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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.

Please join our webinar to learn more about the Economic Injury Disaster Loan and Payroll Protection Program & why it is important you bring liquidity to your business
April 7th, 10 am PDT

New updates! What we will be addressing:

• How much recovery funding is available for small businesses?
  • SBA Disaster Relief Loans:
    • How much is available upon submission?
    • When you Apply how long does it take?
    • What type of businesses will qualify?
• What can you do with the disaster relief funds?
• The CARES Act & what is included?
  • Payroll Protection Plan and where to apply
  • Debt Relief
  • Rent Relief

What is the business outlook ?

• Economic Recovery – how long it will take
• What industries will recover the fastest and which industries will take longer
• Expected spending trends and supply chain