Which manufacturers are bringing the most jobs back to America?

Some companies have expressed optimism that we will bring our manufacturing back to the U.S.

With all the news in the U.S. about the slowdown of our supply chain, U.S companies are considering a change in their supply chain. This thought will accelerate the return of jobs to North America. We are a strong country with a lot of resources and the ability to think and react. It is my opinion that we will be a stronger and more resourceful country, bringing back our products and jobs.

Continue to run your companies and know we will get through this and change is part of our growth.

How Can You Improve Your Cash Flow?

Cash flow is the net amount of cash and cash equivalents being transferred into and out of a business. In a nutshell, it represents a business’s liquidity: the cash flowing in and out.

• Conserve your working capital by automating. Are you still using older technology?
• Getting loans or working capital
  • Equipment financing
  • Factoring
  • SBA Loans
• Conserve your monthly expenses

Sources of Cash Flow

Lets See How You Can Keep Your Business Cash Flow Positive

• Look for cash from operations
• Cash from investors
• Cash from financing
  • When purchasing equipment, talk with a finance company about financing the equipment
  • Apply for a line of credit with your bank
    • 2nd source would be a short term working capital loan
    • Factoring
• Cash from your equipment
  • Can you rent your equipment or outsource your current equipment for additional revenue?

SCL a company you can trust since 1992

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!

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

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…
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Paul Petersen  July 11, 2019