Do you know how much your business can save by buying equipment NOW and taking advantage of the IRS Section 179 deduction?
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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
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.
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.
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.
” When everything seems to be going against you, remember that the airplane takes off against the wind, not with it.”
Henry Ford
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.
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
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
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.
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.
“We Keep Moving Forward, Opening New Doors, and Doing Things Because we are Curious and Curiosity Keeps Leading to New Paths”
Walt Disney
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.
The line is long the application process is short. Here is the information you need to know.
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.
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.