What Do You Need to Get Approved for Equipment Leasing?
Who Gets Approved, and Who Doesn’t
If you run a business that relies on equipment to earn income, you are probably interested in financing that equipment to keep costs affordable.
Like any financing, there are some requirements you will need to fulfill before you get approved. All lenders want to reduce their risk of lending. That means they will need to see that you are capable of paying off your loan.
So how do you show that investing in your business and equipment is a good choice? What do you need to get approved for equipment leasing?
Why Equipment Shopping Based on Price is Wrong
There’s a Better Way to Buy Equipment While Still Saving Money
There is an old saying in life – old because it’s true: You get what you pay for.
That bargain pair of shoes might lead to blisters; discount clothing may wear out after a few washes. And shopping for equipment by price alone may end up costing you down the line. Breakdowns, lost production time waiting for replacement parts, and poorly produced results are the hidden costs of shopping purely by price.
How to Regularly Acquire New Clients and Grow Your Business
Going from Small Business to Big Business
You’ve successfully launched your business and built up a solid, perhaps small, customer base. Starting small has its benefits, though. It allows you the opportunity to cultivate a loyal relationship with your customers. By now, you’ve had time to work out the kinks, and you’re confident that your product or service is truly the best your business can offer.
Now, you’re ready to expand and grow your business. But, growing your customer base can certainly be easier said than done at times. How do you get more customers for your business? Let’s take a look at some strategies you can use to expand your business and gain more contracts.
How Equipment Leasing Helps You Sell More
3 Big Reasons Dealers Need to Offer Leasing to their Customers
Leasing comes in handy for equipment dealers looking to sell more equipment. Buyer’s love having the option to break equipment costs into smaller and more manageable payments.
Of course, as a dealer you aren’t in the business of lending. You might think that providing financing to your customers will mean mountains of paperwork, payment delays, a steep learning curve, and legal ramifications. All of this couldn’t be further from the truth when you partner with an equipment leasing company like Thomcat Leasing. That’s because your financing partner will take care of all that for you.
Here are the 3 big reasons you need to offer leasing to your customers:
How to Create an Effective Kijiji Ad for Heavy Equipment
Tips for Placing the Perfect Sales Ad on Kijiji
One of the best places to sell your heavy equipment is through an online classified service. Kijiji is one of the major ones in Canada. It connects millions of people in hundreds of communities who are looking to buy or sell equipment.
Here are 9 tips for constructing the perfect Kijiji advertisement to sell your heavy equipment online quickly.
6 Benefits to Leasing Farm Equipment
“Grow” Your Agricultural Business
As a farmer in today’s economy, you need to get creative to make the most of your budget. Equipment leasing is one way to ensure you have the equipment you need without blowing your budget. This can be a low-cost, low-maintenance alternative to purchasing. The benefits don’t stop there either.
Here are 6 benefits to leasing farming equipment instead of purchasing it.
How Used Equipment Dealerships Can Earn More
Why You Should Offer Customers a Leasing Option
Purchasing heavy equipment can be quite expensive for buyers. Many of your customers run small businesses and are trying to compete with large companies in the industry. Help your customers get what they need, without breaking their bank account (or yours).
You can get rid of the sticker shock – without lowering your fair prices!
How?
By partnering with an equipment leasing company like Thomcat Leasing.
Here are the ways leasing can help you and your customers:
A Step-By-Step Guide to Equipment Leasing
How Equipment Leasing Works and What to Expect at Every Stage
There are many reasons you might have for leasing heavy equipment. You might be trying to expand services your company provides, maybe you’ve taken on larger jobs and you need more equipment to get the job done on time, or the equipment you have needs to be replaced.
No matter your reasons, leasing is very helpful for acquiring the equipment your business needs to function and grow.
This step-by-step guide will help you understand the entire equipment leasing process from start to finish. You’ll learn how leasing works and what to expect at every stage.
How to Protect Your Business Against Fraudsters
It’s Easier Than You Think
While there’s no way to completely prevent identity theft, there are some simple steps you can take to make it much harder for criminals to get a hold of your information. And, if they do manage to get your information, we have some tips you can implement to reduce the impact fraudsters can have.
8 Benefits to Leasing Construction Equipment
How Leasing Can Help Your Business Grow Faster
Construction equipment can include anything from a high-end excavator to the manual tools in your toolkit. No matter what you need to get the job done, all the various construction equipment can get difficult to afford.
The catch is, of course, in order to get the contracts you need the tools. In order to buy the tools, you need the contracts!
There’s a way to break this cycle and thus grow your business. It’s called equipment leasing. Equipment leasing let’s you get the equipment you need to land more contracts, earn more, and get the job done… Without taking massive financial risks.
Here’s 8 key benefits to leasing your construction equipment: