PPP Loan Keeps Bakery Alive Through COVID-19 Pandemic

The COVID-19 pandemic has hit the foodservice industry particularly hard, causing many establishments to close permanently. Nearly 1.3 million businesses were approved for a PPP loan as of February 2021, according to the Journal of Accountancy. Bakery owner Mary Holzkopf is one of those recipients. Holzkopf opened her Huntley, Illinois-based bakery, Blessed Little Kitchen in…

How Does Equipment Leasing Work?

  If you’ve ever asked yourself “How does equipment leasing work?”, you’re not alone. That is why we created this cheat sheet that will show you just how easy and affordable it is. What is an equipment lease? What it is: An equipment lease is a type of rental agreement for the use of equipment,…

Great News For The Equipment Finance Industry

ELFA Expects Growth in Software and Equipment Investments Are you a business owner asking yourself, “Should I lease equipment for my business?” LeaseQ has the answer, “Yes, you should!” In fact, it is the perfect time. The Equipment Leasing and Finance Foundation expect investments in software and equipment to grow 5 percent in the second half of…

Why Equipment Leasing Makes Sense

Equipment Leasing Provider Despite reports of economic turnaround, many business are still seeing sluggish growth, if any, and as a result are looking for new and creative ways to make their budgets go further and do more than they were ever intended. Even worse, entrepreneurial startups and small businesses are facing hills unlike anything seen…

Questions to Ask When Leasing Equipment: Understanding Your Equipment Leasing Agreement

Questions to ask when leasing equipment: knowing the right questions to ask when leasing your equipment can mean the difference between a great equipment lease tailored specifically for your needs, and one that is just average. Entering into an equipment leasing agreement can be a smart business move for a wide variety of different business…