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...

Business Financing-Facts & FiguresThe Following points provide a good overview of your sales and /or acquisition process of a business81% of businesses prefer to have a payment over the sales price84% of businesses are without a financing plan when...

My Business needed equipment to replace older technology and to automate some of our current procedures. SCL helped me with the loan process, obtaining a quick and easy financing solution that met with my company’s budget.  Their team is very helpful and...

What is Equipment Financing? Equipment financing is designed specifically for the purchase of equipment. Business owners have multiple financing options when deciding which finance program fits best for your company. Financing Programs Material Handling...

SCL is Open- We have been helping our customers during the Government Shutdown to get the loans they needMany businesses are feeling the harsh effect of the government shutdown. Most importantly, obtaining a SBA loan that is currently inactive....

How to Improve Your Credit ScoreTake 3 Steps to Improve your FICO Your credit score is one of the most important numbers you can have. Take steps to improve your score. Credit Scores750 - 850 Excellent - This represents the best score range and best...

Industry Trends - Automation If you want to get a better idea about what is going on in the economy, take a look at the automation industry trends. EDA is a useful website to provide you with information on what is selling, who is buying, what the...

5 Ways The Fed’s Rate Hikes Could Affect Your Business Confident that the U.S. economy is on firm footing, the Federal Reserve Board has begun gradually increasing interest rates and plans to do so at least one more time this year with additional increases...

In this Issue:
· Section 179
· Should you rent or purchase equipment
· Working capital line of credit

Interest rates will rise in the next few years, but remain lower than they were in previous decades. What does this mean for businesses? A demand increase for goods. Businesses should see much growth in the next few years. What you will need to be...