LeaseQ Vice President, Cory Damm, was featured in a recent article on QSRWeb, a leading publication for the quick-service restaurant industry, discussing leasing and financing options. He provides commentary alongside ARF Financial CEO, Steve Green, and DCV Franchise Group Director of Business Development, Anthony Byrd. Below is an excerpt from the article:
Leasing and financing are critical tools for QSR brands as they open locations, expand existing ones or even refresh equipment for new menu items or better efficiency. But when single-digit rates are the norm, it’s tough for QSR operators to know if they’re getting a good deal on financing.
But operators have a right to know the fiscal products available to them and why different options are priced the way they are. That’s the purpose of this deeper dive into the pros and cons of Small Business Administration (SBA) financing and loans, working capital, and equipment financing and leasing. General advice to customers from Cory and Max is to fill out your application with the same information on your tax returns and business licenses. Remember, this is a legal document you are signing.
To read the full article and get more insight into SBA financing and loans, working capital and equipment finance, please visit: https://bit.ly/2JFA3Ro.Google+