TRUST CAPITAL Blog

You are starting out a new asphalt paving business or are an established paving company looking to upgrade your asphalt paving equipment. Whether you are starting an asphalt company or an established paving business, one question we hear very often is, “How much does asphalt paving equipment cost?” There are a few factors that go into deciding how much you’ll need to pay:

• Is the asphalt paving equipment new or used?
• What’s the brand?
• How many hours of use does it have on it already?
• Are you paying upfront or leasing?
• What’s your business’ credit score and credential?

Let’s break it down to show how each factor plays into asphalt paving equipment costs.

 We’ve all seen it before. Maybe we’re the ones that have been in it before. A company is selling a product, but doesn’t offer an easy and accessible solution to provide financing for their product. Everywhere you go, you’ll find it, if you look closely enough.

Unfortunately for some businesses, this leaves customers out in the cold and results in a business losing a sale. Do you know of a business that has a model like this? Having to turn away customers because they lack the funding to purchase their product or service?

You are in the construction business and in need of an excavator. You are evaluating if you should purchase or lease an excavator. How do you go about financing? What would your monthly payments be should you choose to go ahead with purchasing or leasing an excavator?

Believe me, you are not alone! A lot of construction companies have the exact same questions when it comes to excavator purchasing or leasing and are trying to figure out how to go about it.

In order to make the right decision for your business, it helps to ask yourself a few basic questions about your business and the projects or goals you want to tackle. Answering these questions would help you objectively determine which option would work best for you. Are you ready to find out?

When you run a construction company, then of course you know how important a bulldozer is.

You are starting a new construction company and you know that you need a bulldozer, but you are not sure about what would be the best bulldozer for your business need.

Bulldozers are key to construction and are used in a variety of industries, like mining, land clearing, road building, forestry, infrastructure development, and more. In fact, I can’t think of a construction company that does not use a bulldozer.

How do you go about picking the best bulldozer for your company?

Are you a new construction company? Or a tried-and-true business leader? In either case, you may be looking at Caterpillar equipment financing to meet your business equipment needs.

You may be looking to purchase or upgrade your current caterpillar equipment to meet the rising demands of your business. A business opportunity may have knocked on your door that requires you to have newer and better caterpillar equipment.

Should you purchase, rent, or lease Caterpillar equipment? Let's walk through each option and determine what might work best for you.  

Ever wondered why some manufacturers start there own finance company?

Starting a captive finance company has a number of benefits, whether you’re starting up as an independent provider of financial funding, or as a direct subsidiary of your original company. And let’s not forget the benefits that the customers get as a result of you starting up a captive finance company, too.

Today we’ll explore some of the benefits of starting a captive finance company or creating one for your primary business.

You’ve probably already noticed that looking for box truck leasing can be pretty tricky. There’s not very many reliable sources of information available out there to help you figure out if you qualify for box truck financing. Unfortunately, even when you do find a website that advertises financing for a box truck, you won’t even get a straight, accurate answer with that company. More often than not, you’ll be promised a certain rate (without even knowing your financial situation), but when it comes time to sign, you’ll be offered a completely different rate.

There’s no simple “yes” or “no” answer that goes into answering whether or not you should start an ultrasound business. Just like any business type, there are a seemingly infinite number of factors that go into whether or not a business will be successful, and no amount of analyzing will give you a perfect “sure-fire” confirmation that it’ll work out.

So how do you figure out if it’s a good idea? While it’s impossible to predict success with 100% accuracy, you can look at various “identifiers” in business and your market to help analyze just how good (or bad) your potential is as a business owner!

Business everywhere are looking for affordable ways to finance their business ventures, whether they are opening their doors for the first time or just trying to get to the next stage of business. Some businesses need capital to get started, while others run into problems with market demand (a good problem to have).

For businesses that have been operating for a while, or have already acquired certain types of qualifying equipment), there’s another unique, less known financing option available for you called equipment sale leaseback.

As a small business owner, you already know that there’s practically an infinite number of things to do while building or running a business. From maintaining daily operations to building long term business relationships, there’s always something to do. And in some cases, you’re going to have to put up some cash to make things happen. That’s just how the business world works.

But you might not be sure how to go about funding various business ventures, both big and small. Every business owner goes through those stages at some point (and multiple times) throughout their business.

That’s where small business startup loans come up. There are a lot of ways to get additional funding for your business, and I’ll go over a few viable options for you today.