Why Trucking Companies Factor Invoices
Freight factoring is a financial solution designed for trucking and transportation companies to improve cash flow by converting freight invoices into immediate cash. The process is pretty simple, the factoring company purchases invoices from the trucker/transportation company at a discount, allowing them to get paid faster rather than waiting for freight brokers to settle their […]
Financing Solutions for Emergency Disaster Clean Up Companies
Become an approved FEMA contractor & get the financing you need! Have you mobilized your emergency disaster clean-up business to help with the recent hurricanes? These past few months, the southeast part of our country has been tasked with some unusual and very emotional circumstances with the recent back-to-back hurricanes Helene and Milton. The affected […]
Top 10 Small Business Ideas for 2024
Business Ideas to Inspire Your Next Move Starting a small business is a dream for many aspiring entrepreneurs. Most entrepreneurs need to keep their full-time job, while they grow their business. The ideas we will explore will allow just that, keeping your full-time job as you start your own business with your spare time. […]
Get the Equipment You Need With Bobcat Equipment Financing and Leasing
Welcome to First Capital’s dedicated space for Bobcat Equipment Financing and Leasing The key to unlocking the potential of your projects. Bobcat equipment is synonymous with versatility and efficiency, and we understand the crucial role it plays in various industries. At First Capital, we are committed to supporting businesses in acquiring the Bobcat equipment they […]
How To Get A Small Business Loan With Bad Credit
Applying for bad credit truck loans, equipment loans, and similar programs is an excellent solution for business owners facing credit issues. Here are six important steps for success. 1. Evaluate Your Options Whatever the cause of poor credit, there are small business loans you can qualify for. Maybe you’ve been asking, “How to get a business loan […]
SBA is Offering Free Grants for Business Owners!
SBA Has Grants If Your Business Was Negatively Impacted Due to the Coronavirus. Emergency business funding is now available if your business has been negatively impacted due to the Coronavirus pandemic. Congress recently passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act to assist small businesses around the country. They were able to create […]
Understanding Factor Rate and How it Determines Your Business Loan Repayment Plan
Unlike personal loans and mortgages, equipment financing/leasing doesn’t account for an interest rate or APR. Instead, the amount of interest you’ll end up paying is calculated using a method called factor rate. A factor rate — is essentially “interest”, but calculated at the outset of the loan and spread across your payments throughout the borrowing […]
How to Get Drill Rig Financing
Interested in drill rig financing? You’ve come to the right place. First Capital Business Finance is proud to offer drill rig financing that fits your needs. Read on to learn how to get drill rig financing through First Capital Business Finance. The Steps to Getting Drill Rig Financing A drill rig, or a truck-mounted drill […]