We hear it over and over again from our equipment financing customers – that they are continually impressed with how fast we fund deals. In plain terms, many individuals and businesses are used to the Bank’s pace of doing business. And the bank takes it…
Financing companies are very popular with small to medium sized businesses. Since we provide leasing services for equipment financing, we are often asked some of the advantages of using an equipment leasing company over a traditional bank. There are a lot of answers to that…
Today, let’s spend a moment talking about depreciation. Depreciation, in a nutshell, is taking a deduction on a piece of equipment over time. Typically, it’s on a piece of equipment that will eventually break down and have little to no value at some point (like…
Very often, small and medium businesses who’ve been turned down for an equipment loan don’t know what to do next. And since we work in the equipment financing industry, let us give a few pointers on what to do for companies who were turned down.…
Ok, last time out we talked about Equipment Financing companies advertising that they do business with all kinds of large clients. And then we stated that most equipment financing and equipment leasing deals come from small to medium sized businesses. Let us open the curtain…
One thing we always pay attention to is equipment leasing financing companies and their websites / marketing (both our company’s website and our competitors.) And as common practice in Nigeria, almost everybody else finances equipment for big companies only. At M.I.S.S, we provide uniquely tailored…
For many small businesses, taking the plunge to finance equipment is a big step. After all, when all is said and done, you’re assuming a long-term commitment. So let us ease your fears a little bit and mention two general truths about equipment financing: 1)…
The next time your business needs new computers, networking equipment or other office equipment should you buy it or lease it? If you don’t know, read on. If you’re making an investment in IT and office equipment, M.I.S.S helps you acquire those essential business assets,…
Let’s continue our discussion on equipment leasing. Last time, we gave a broad overview on the two major lease types, and then a bunch of leases that are commonly used. Today, we’ll look at the two major lease structures, and discuss the advantages of both:…
Working with small businesses for over 8 years, we have learned some of the key ways that help small businesses grow. Making the right steps now will help determine your long term success. PIPELINE = OPPORTUNITY What is the quantity, but even more importantly, the…
