Rates are rising: What does that mean for equipment loans?
As rates continue to increase some companies are rethinking how they finance equipment. In the past when rates were low some business choose short-term, variable-rates. Now a fixed rate is best when thinking about a capital equipment purchase.Even with interest rate...
SCL Equipment Finance Celebrates our 30th Year in Business
Just a few years back 1992 our company was a startup. The mission of the company is to provide equipment financing to businesses throw-out the US. Fast forward 30 years we are blessed to have succeeded in building strong relationships with our clients, and helping...
What Happens When The Fed Raises Interest rates
Capital Preservation is Important - Equipment Financing is a Fixed Rate - So You Can Budget Your Capital ExpenseWhat Happens When The Fed Raises Interest rates The Federal Reserve’s mission is to keep the U.S. economy humming—not too hot, not too cold, but just right....
What is going on with the Supply Chain?
The Supply Chain 2022 Assuming something truly crazy doesn't happen (like another February 2021 polar vortex), Q2 of 2022, we should see an ease in the supply chain.The Shortage at Grocery Stores Since the onset of the COVID-19 pandemic, grocery store sales (adjusted...
Did you purchase equipment 2021? Section 179 write off.
All businesses that purchase, finance, and/or lease new or used business equipment during tax year 2021 should qualify for the Section 179 Deduction ...Section 179 End of Year Equipment Tax Deduction The Section 179 deduction limit for 2021 is $1,050,000. This means...
Tips for building a good credit score
If you have a good credit score, you'll almost always qualify for the best rates, and you will pay lower finance charges on loans.TIPS ON MAINTAINING A GOOD CREDIT SCORE If you're looking for ways to improve your credit, taking care of negative information can help....
Why Do We Have A Supply Chain Problem?
Global Supply Chains in a Post-Pandemic World Why do we have a supply chain problem? Understanding why & when our supply chain will recover Why the long lead time What products will recover faster Will the US start to manufacture their own products moving forward?...
Does Outer Space Have Laws?
Unlocking New Opportunities with Automation Is It Time To Retool Your Business & Invest In Technology?Does Outer Space Have Laws? In 1967 the outer space treaty was announced. The treaty covers the following Is there law in space? Who owns the Moon? Who will own...
SCL President Named to Top Women in Equipment Financing 2020
Equipment FinancingPresident of SCL - Barbara Griffith, Named Top Women in Equipment Financing SCL is proud to announce that our President, Barbara Griffith has been named by Monitor Daily as“Top Women in Equipment Financing 2020.” Join us in congratulating Barbara...
Section 179 Equipment Tax Savings
Do you know how much your business can save by buying equipment NOW and taking advantage of the IRS Section 179 deduction? Want to help learn more? Click here for a FREE downloadable PDF. The PDF is yours to distribute to any of your customers or potential Customers!