According to LeaseQ CEO Vernon Tirey, the equipment finance industry must automate in order to maximize new opportunities and propel the industry forward. Through studying the industry and hearing the stories of lenders, equipment sellers and business owners, Tirey has learned: – First, the industry is not very customer-focused. For borrowers, financing equipment is a…
Thanks to our friends at Fit Small Business for this fantastic guest blog post. To learn more about Fit Small Business, visit www.fitsmallbusiness.com and follow @FitSmallBiz Unfortunately, startups don’t have a lot of financing options because a new business hasn’t built up a track record yet. One type of financing that startups are often eligible…
Borrower-focused lending supports the American Dream for all small business owners Funding the “American Dream” of building a business from the ground up is a struggle faced by millions of entrepreneurs. Financing equipment is a key piece of the puzzle for many, but only 3.7 million of the 36 million businesses in the U.S. that…
It’s more than yummy ingredients, it’s the equipment essential to creating these tasty treats. What goes into a cupcake? It takes more than just yummy ingredients. The recipe for success includes a blender for mixing, an oven for baking, a refrigerator for chilling, a case for displaying to customers and more. Equipment is necessary for…
Originally published by Carrie Myers Smith on IDEA Health & Fitness Association, Feb 02, 2016. Read the full article here. Need money? Try these alternatives to find funds for your business. When I opened my studio several years ago, I had very little credit with which to purchase equipment. Okay, the truth was I was drowning…
BURLINGTON, Mass. (Jan. 28, 2016) – LeaseQ, an online marketplace that connects business owners, equipment sellers, and lenders to make selling and financing equipment fast and easy, today announced support for the expansion of Steadfast Fitness & Performance, a personal training facility developed by former NFL player and Super Bowl Champion Isaiah Stanback and former…
BURLINGTON, Mass. (Nov. 18, 2015) – LeaseQ, an online marketplace connecting businesses, equipment sellers, and equipment finance companies to make selling and financing equipment fast and easy, and Canadian food service equipment manufacturer group DaVinci Compass Inc., owner of Picard Ovens, Sipromac and Lambertson Inc., today announced a partnership to provide automated equipment financing to…
A Quora Q&A thread recently caught our attention here at LeaseQ. An Indian citizen staying in the United States stated his fascination with the fact the Americans are willing to spend $30,000-$50,000 on a humble pickup trucks “when they can get a BMW or a Mercedes.” The result was a 35-response chorus from impassioned pickup…
LeaseQ Partners with Fund Simple to Offer Customized Equipment Financing to Small Business Owners WOBURN, Mass. (Oct. 13, 2015) – LeaseQ, an online marketplace connecting businesses, equipment sellers, and equipment finance companies to make selling and financing equipment fast and easy, today announced a partnership with alternative lending platform Fund Simple, Inc., a trusted and reliable…
Equipment Financing: Leverage the cost of wages and tap into profitable demand for transportation The US Economy is growing, but the $700 Billion long-haul trucking industry is booming. However, though the amount of freight moved by trucks has been steadily increasing since 2012, the industry struggles to find employees. According to the American Trucking Associations, long-haul…