Bad Credit Business Loans: What Business Owners Should Know
Getting turned down by a bank does not mean there are no other options. A lot of business owners assume that a low credit score closes every door, but that is not how alternative and asset-based business financing works. Lenders outside the traditional banking system evaluate more than a credit score, and for many businesses […]
Lease or Loan? Choosing the Right Backhoe Financing Option
Acquiring heavy equipment like a backhoe is a significant investment for any construction business. When it comes to backhoe financing, business owners often face a critical decision: should they lease the equipment or take out a loan to purchase it? Each financing option has its own benefits and drawbacks, depending on the business’s financial situation […]
Tow Truck Financing 101: What You Need to Know
Starting or expanding a towing business can be a lucrative endeavor, especially with the right equipment. One of the most critical components of your operation will be your tow trucks, but purchasing them outright can be a significant financial burden. This is where tow truck financing comes into play. Understanding the essentials of tow truck […]
How to Buy a Bobcat or Skid Steer Loader with Bad Credit
Apply Online Now Download PDF Application Call 888-565-6692 to speak with a financing specialist. Are you trying to finance a Bobcat or skid steer loader but you have bad credit? Are you in need of financing for a Bobcat or skid steer loader but have been facing challenges due to bad credit? If you’ve been […]
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. […]
How Commercial Truck Financing Works
Commercial trucks are vital equipment for companies that need to haul goods, make deliveries, or transport materials. However, semi-truck financing can be a challenge for many business owners because of the substantial costs involved. Commercial truck financing is an option for businesses that don’t have the budget to purchase a truck outright. How Commercial Truck […]
Positive Year: Increase in Financing Demand Compared to 2024
The seek for financing by startup contractors for construction equipment seems to have increased this year, as mentioned by First Capital Business Finance president, Dustin Doi. Many of these startups are rejected by banks, because with less than two years in the business, they are usually considered as “high risk” which leaves them without many […]
Need Custom Semi Truck Financing? First Capital Business Finance Is the Solution
According to the American Trucking Associations, over 90% of trucking companies have less than six trucks. And Convoy estimates that over 10% of drivers are owner-operators. That means the trucking industry is primarily driven by small businesses. If you’re interested in becoming an owner-operator, semi truck financing gives you the terms you need to buy […]