FED Hold Interest Rate
FED keeps Rates StableNews From SCL Equipment FinanceAt the June 12th Federal Reserve meeting, Chair Jerome Powell announced that the benchmark lending rate will remain at its current level. Rates are stable for now. As we enter the third quarter of 2024, we are...
Understanding Section 179 Tax Benefits for Equipment Purchases in 2024
TAX BENEFITS EQUIPMENT PURCHASES 2024 Section 179 is a tax code that allows businesses to deduct the full purchase price of qualifying equipment purchased or financed during the tax year. By taking advantage of Section 179, businesses can significantly reduce your...
April 2024 – News From SCL Equipment Finance
Restaurants are embracing automation with Flippy and Rosie, the robotic waitresses. A fun read! The Flippy & Rosie Robotic solution for restaurants seeking to optimize operations and cut down on labor expenses Flippy and Miso Robotics. Flippy utilizes advanced...
Girl Scout Cookie Business is $800 Million+
Support your local Girls Scouts Girl Scout Cookies and what to know about the $800M business About 200 million boxes of Girl Scout Cookies are sold every year The Girl Scout Cookie Program founded in 1917 strives to offer girls important experiences in...
Find out about the state of the economy Video US Chamber of Commerce
The Must-Know Ways Small Business Will Change in 2024 Looking ahead to 2024, small businesses need to stay on top of market changes. From new technology to evolving customer and employee demands, it's essential to continuously adapt. To help entrepreneurs succeed in...
Why are companies replacing older equipment?
Capital Preservation in 2023Budget Your Equipment Purchase With a Fixed RateThe Question Is Not “If” To Automate, But “How” Companies are zeroed in on profitability this year. This means becoming more resource savvy and finding effective ways through Automation to do...
What does 2023 have in store for entrepreneurs?
Even with interest rate hikes, business outlook optimistic The basic rule of customer service. Person-to-person interaction, Trust, Personalized experience, understanding of the clients needs and budgets, Support, basics manners, a good digital experience,...
SCL Equipment Finance – $250M to small business for capital equipment Purchases
Finance Your Equipment - Conserve Working Capital We rely on referrals for much of our business. If you enjoyed your experience with us, please tell your friends by sharing this email on your social networks or forwarding to their email address. We appreciate your...
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...