Why not abbreviate 2020?

“If people like you, they’ll listen to you, but if they trust you, they’ll do business with you.”
— Zig Ziglar, author, salesman, and speaker

The Future of 2020

We are looking forward to another big year in 2020. SCL established in 1992. We completed our biggest funding year and plan on a bigger 2020 as the market adjusts to stable interest rates and a stronger economy.

Keeping Informed

Why not abbreviate 2020?

We have entered the year 2020-but do not abbreviate 2020 when signing your legal documents. Police have warned and recommended writing out the year in full 2020 to protect themselves from fraud.
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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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Does Your Vendor Offer Financing?

One of the best ways for equipment dealers to sell more equipment is to offer their clients equipment financing. Bring your customers a fresh source of capital in 2020!

Barbara Griffith
714-573-9804 EXT.101

What is the Gig Economy?

The Gig Economy In 2020

A gig economy is an environment in which temporary positions are common and organizations contract with independent workers for short-term engagements.

The trend toward a gig economy has begun. A study by Intuit predicted that, by 2020, 40 percent of American workers would be independent contractors.

5 Trends Fueling Big Growth for Small Business

According to a study from Intuit and Emergent Research, the number of small businesses are projected to increase to 42 million by 2026, up from this year’s 30 million. 
Read on to learn about five reasons that will not only fuel the growth of small businesses, but will allow them to compete with big businesses like never before.

Keeping Informed

Why Your Company Needs a Line of Credit?

Cash is also important because it later becomes the payment for things that make your business run: expenses like for raw materials, employees, rent and other operating expenses. Obtaining a line can be difficult. Speak with us about your working capital.
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Will the Fed Lower The Rates

When the Federal Reserve (Fed) meets later this week, policy makers are widely expected to deliver another rate cut. That would bring their policy target down to 1.5%-1.75%. That would be the third rate cut of 2019. … However, into 2020 most Fed decision-makers believe rates are going up.Oct 28, 2019
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Financial Tips for Business Owners

The prospect of becoming a small business owner can be very intimidating. When you’re the big decision-maker and the success or failure of the company hinges on what you do, it’s easy to become overwhelmed. One mistake can lead to…
Paul Petersen  | July 11, 2019 



Barbara Griffith
714-573-9804 ext 101

Enjoy Fall with Lower Rates

Enjoy Lower Rates For Year End Equipment Purchases!

Owning and Operating a business is rewarding and risk taking. Obtaining capital is one of the biggest hurdles that companies have to face when it comes to their growth. Take advantage of the low rates this 4th quarter.

Equipment Financing is a simple and affordable way to acquire capital for your company.

“Businesses Never Take a Break. They require new updated equipment”

One point of contact – Barbara Griffith
28 Years with SCL
SCL Equipment Finance
714-573-9804 Ext 101

Does Your Company Have Lost Opportunities?

“Even the most brilliant, ambitious company cannot build a successful business without capital. Adding employees and replacing older technology is what most businesses are doing. Companies just like yours are adapting to automation.”

black and white line drawing of coins and currency

Is Your Company Suffering From Lost Opportunity?

Most business owners know how to calculate fixed costs—like rent and equipment—and variable costs— such as wages, utilities, materials, etc.— related to providing goods and services. But there is another kind of cost to consider when making business decisions: lost opportunity cost. While lost opportunity costs can sometimes include intangible factors that are harder to measure, that does not mean they are not real. Missing out on a large sale or project because you do not have the right equipment is worth your time to consider to add or replace equipment.

Keeping Informed

Why You Should Consider Section 179

Acquiring new equipment for your business is an important decision. Section 179 of the IRS Tax Code allows you to deduct all of the cost of qualifying equipment purchases in the tax year when you make the purchase.
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How Strong Is Your Business Credit?


Email me for a free copy of your D&B report

The D&B PAYDEX® Score measures a business’s past payment performance based on information in the Dun & Bradstreet Data . On a scale of 1 to 100, scores of 80 and above are considered low risk and could potentially increase a business’s credibility to creditors
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Financial Tips for Business Owners

The prospect of becoming a small business owner can be very intimidating. When you’re the big decision-maker and the success or failure of the company hinges on what you do, it’s easy to become overwhelmed. One mistake can lead to…
Read More… 
Paul Petersen  July 11, 2019 

How Equipment Financing Works

When you are financing/leasing a piece of equipment, you are essentially renting it the same way you might rent an apartment. It typically requires no money down and no collateral other than the equipment we are financing. In most cases, the debt is not on your personal credit and is only considered businesses debt.

Once you have reached the end of the term you will own the equipment (Capital Lease).
Or purchase the equipment on a FMV (Operating Lease).

Equipment Loans are relatively easy to qualify for, and the amount of money you will be eligible to borrow is based on the type of equipment and overall business health.  Leases are a fixed rate so the company does not have to worry about the monthly payment changing.

What is the rate?
In equipment financing we use a rate factor, not an interest rate. With that said, the decision to approve your request and the rate you will receive depends on the credit of the borrower and the history of the business. The better the credit, the better the rate factor.

What is a Line of Credit?

A business line of credit provides flexibility that a regular business loan doesn’t. With a business line of credit, you can borrow up to a certain limit — say, $100,000 — and pay interest only on the portion of money that you borrow.

Barbara Griffith, President SCL Equipment Finance

Thank you for your loyalty and being a part of our company.
Barbara Griffith
714-573-9804 ext 101