Equipment Financing & Leasing on American Capital Group Blog

Leasing vs. Buying Equipment: Making the Right Choice for Your Business

Wed, 17 May 2023 16:43:31 +0000

In your business growth journey, whether to lease or buy equipment is a critical decision. Both choices have their pros and cons, and the right option depends on your specific circumstances and needs. In today’s email, let’s compare these two paths to help you make an informed decision.

EQUIPMENT LEASING

Benefits:

Preserve Cash: Leasing requires little to no upfront cost, allowing you to preserve your capital for other business needs.
Stay Updated: Leasing offers the flexibility to upgrade to newer equipment models at the end of your lease term, helping your business stay competitive.
Predictable Expenses: With a lease, you have a predetermined monthly expense, which can make budgeting easier.

Considerations:

Why Financing Equipment Should Still Be Considered With Rising Rates

Thu, 09 Mar 2023 17:14:50 +0000

As a business owner, it’s important to always be looking for ways to improve your operations and maximize your profits. One way to do this is by investing in new equipment or upgrading your current machinery. However, the upfront cost of new equipment can be a significant financial burden, and many business owners may be hesitant to take on debt, especially when interest rates have risen substantially.

While it’s true that rising interest rates can make financing more expensive, there are still several reasons why it may be worth considering financing equipment for your business.

Get an Equipment Bank Loan or an Equipment Lease?

Mon, 28 Nov 2022 17:55:01 +0000

Recently, many business owners are re-evaluating equipment bank loans vs equipment leases. With the Fed’s aggressive hiking of interest rates, an equipment loan might not be the best financial solution in the current market. We have compiled a rough comparison to help business owners make an informed decision.

EQUIPMENT BANK LOANS

Allow flexibility of an early payoff. A four or five year loan can be paid off with typically no prepayment penalty. Principle left on contract is what is owed.

How the supply chain on equipment can affect your Section 179 tax write off

Mon, 19 Sep 2022 17:18:34 +0000

In many industries the supply chain on equipment is getting worse compared to 2021. We have spoken with many vendors who have stated their sales would be great if they had equipment on hand to sell. The lack of inventory and long lead times will have a big impact on business owners being able to take the Section 179 write-off in 2022.

In the past, business owners would meet with their accountants in November or December to analyze how much taxable income they were anticipated to show for the year. Then they would strategize on what equipment they wanted to get on the books before the end of the year to minimize the profit they were showing (this is known as the Section 179 write off). As a brief overview, Section 179 is the accelerated depreciation write off businesses can take on equipment purchases. For example, a $50,000 equipment acquisition put in place in 2022 can be used to offset $50,000 in profit thereby reducing the amount of tax a business would have to pay. Even by structuring the funding as a 3 or 5 year lease, the owner can still opt for the accelerated write off and save on their payable tax in 2023.

Section 179 Tax Benefits

Tue, 18 May 2021 21:12:01 +0000

A quick overview of Section 179

If you own a small business and use commercial equipment, you’ve likely heard of this IRS tax code that allows you to recover all or part of the cost of qualifying equipment, by deducting it in the year you put it into service. In essence, the goal of deducting the total depreciation expense of the equipment within the current year is to reduce a company’s taxable income and leave incentives for more purchasing in the future by optimizing cash flow.

Biggest Trials Businesses are Facing Today

Mon, 24 Aug 2020 21:59:07 +0000

While the 21st century has brought about an unprecedented uptick in entrepreneurship, today’s business owner is facing equally unprecedented challenges. The digital age has provided new opportunities and also new problems to overcome, and the pandemic era has made it a necessity to adapt as quickly as possible and try to plan for an uncertain future. Here are some of the top issues affecting today’s small business owner that you should think about.

How to Evaluate Your Equipment

Fri, 10 Jul 2020 07:02:06 +0000

When deciding on what’s best for your business, you need to evaluate the equipment that you currently have and how your fixed asset needs could change in the foreseeable future. Assets with long lives that will occasionally require parts and service like vehicles and equipment are a substantial investment, and lose value over time through regular usage. However, when maintaining your current equipment and figuring out whether you should invest in improvements or new gear, there are several factors you should keep in mind. This is especially true if you need to seek financing.

4 Things to Consider When Purchasing Used Equipment

Wed, 20 May 2020 14:26:43 +0000

With the recent downturn, it has become a buyer’s market for used equipment. Businesses have been selling their unused equipment to recoup, and equipment vendors are more eager than ever to move their inventory, which is why equipment values are less than 20-30% than even 30 days ago. Even auction values have dropped significantly and many pieces of equipment at auction are going 50% under market. The economic downturn has left many businesses questioning what to do next. If you want to play your cards right, use this new market to your advantage by adding the equipment you need for the long term and use the depressed equipment prices to build additional equity in your company.

Why Should Someone Finance Equipment For Their Business?

Wed, 25 Jul 2018 09:26:13 +0000

For start-ups and small business owners alike, buying equipment can be a costly and lengthy process. Thankfully, there are others ways to obtain the equipment that your business needs than just buying it upfront, such as financing. Depending on the type and price of the equipment piece purchased, it can be for a substantially lower amount than your typical bank loan. Therefore, this is one of many reasons why financing is the option for qualified small business borrowers.

How To Get The Best Deal For Gym Equipment Financing

Wed, 18 Jul 2018 09:19:03 +0000

Keep dreaming about the gym that you have always wanted to create?

Do you notice a need in your community to build a better gym than what’s out there?

Or are you a personal trainer that is simply ready to take their fitness ambitions to the next level?

Regardless of which question applies to you, it’s time to take your gym-building dreams out of your head and start making them a reality.

Once you have done your research, implemented a business plan, and choose your location, choosing equipment is one of the most important decisions for a privately-owned gym. On average, it will take roughly $50,000 to start a gym, but this varies depending on the city/ location.

Choosing the Right Type of Equipment for Your Market

When you are deciding the type of equipment that you will need, decide which types of gym goers are you trying to reach.

Are you aiming for the fitness fanatic that needs heavy, adjustable weights, or more of the everyday person that would rather have a variety of lower weight equipment?

Are you trying to provide plenty of cardio equipment or would you rather include a dance room for classes?

Do plenty of research and make sure the equipment you want to purchases aligns with the equipment that your target market looks for in a gym.

To Buy or to Lease?

Sure owning your gym equipment will ultimately be cheaper. But as the industry changes, so does the equipment. Being stuck with out-to-date or obsolete equipment can seriously hurt your gym’s profitability, and can deter potential customers from choosing your gym over another.

Plus, as a startup business is expensive, and the idea of buying equipment outright probably is not a possibility. In this case, leasing and financing would be your best option. There are different ways to receive financing such is going through a bank or broker, but these options are often long, tedious, and are filled with hidden fees.

If your company has been in business for at least 2 years and has a decent credit standing, online financing is your best, cost-effective option.

Choosing A Financier

Navigating your way to find the best deal for your business can be confusing and time-consuming, and limits your time to work on other aspects of your growing business.

To save you time, let’s cut to the chase. American Capital Group has its Lowest Payment. Guaranteed., a promise that it will provide your company with the lowest monthly payments in the market. If they can’t match it or beat it, they will pay up to $2,000 *.

As a Direct Lender, American Capital Group has its own funds, meaning they have the ability to put together flexible, customizable, and competitive payment programs that others can’t in the industry. We are a dependable partner with decades of experience funding and have an A+ BBB rating.

Your time is important. Which is why we made the application process fast & easy. Discover how it takes less than minutes fill our online application to secure up to $150,000 without provide financials.

Click here to secure the financing you need to help your business grow.

Where To Get Commerical Laundry Equipment Financing

Mon, 09 Jul 2018 09:12:30 +0000

Owning a laundry company can be a relatively stable business, and translate to viable monthly profits. If you currently own a laundry business and are ready to upgrade your equipment, or if you are looking add another laundromat location, investing in your equipment is the next big step.

To Buy or to Lease?

Sure owning your laundry equipment will ultimately be cheaper. But as time passes, so does the quality and functionality of your equipment. Being stuck with out-to-date or obsolete equipment can seriously hurt your laundromat’s profitability, and can deter potential customers from choosing your company over another.

Plus, laundry machines and other equipment can expensive, and the idea of buying equipment outright may not be a possibility. In this case, leasing and financing would be your best option. There are different ways to receive financing such is going through a bank or broker, but these options are often long, tedious, and are filled with hidden fees.

If your company has been in business for at least 2 years and has a decent credit standing, online financing is your best, cost-effective option.

Choosing A Financier

If you currently do not have the cash outright to buy the restaurant equipment you need today, financing is a viable alternative. One option for financing is doing business with your bank, however this process tends to be tedious and time-consuming.

If you business has been in business for at least two years and has a decent credit standing, there is also an option of doing business with American Capital Group.

American Capital Group

Along with our A+ rating by the BBB- credit bureau, we have over 20 years of industry expertise to guide your practice in the right direction. We can: 1. Be the experienced, dependable partner you need to communicate with for customized services, industry advice, and overall communication.

2. Provide your business with our Lowest Payment. Guaranteed. promise, which will provide your business with the lowest monthly payments in the market.

3. Secure your financing and funding for your equipment fast & easy, in our 4 step process.

4. Use our own funds since we are a Direct Lender, and put together competitive deals and payment programs.

Discover how it takes less than minutes to fill out our secured, online application, while getting approved up to $150,000 without financials.

Click here to secure the financing you need to help your laundromat business grow.

How To Get Financing For Dental Equipment

Mon, 18 Jun 2018 01:45:41 +0000

Starting a dental practice, although lucrative, can be very expensive. Beyond buying the technology alone, there are plenty of other costs including chairs, lighting, materials, the list goes on.

If you are currently:

Are overwhelmed looking for all the right equipment for your dental practice
Are trying to find the best deal
Are trying to avoid going through the traditional, tedious bank application process
Are all of above

Consider using online financing & leasing for your dental practice. If your business has been around for 2 years and holds a decent credit rating, American Capital Group has the capability to help.

American Capital Group

Along with our A+ rating by the BBB- credit bureau, we have over 20 years of industry expertise to guide your practice in the right direction.

We can:

Be the experienced, dependable partner you need to communicate with for customized services, industry advice, and overall communication.
Provide your business with our Lowest Payment. Guaranteed. promise, which will provide your business with the lowest monthly payments in the market.
Secure your financing and funding for your equipment fast & easy, in our 4-step process.
Use our own funds since we are a Direct Lender, and put together competitive deals and payment programs.

Discover how it takes less than minutes to fill out our secured, online application, while getting approved up to $150,000 without financials.

Discover the simplicity of receiving fast financing and the equipment you need. Click here to secure the financing you need to help your dental business’s future stay bright & sparkling.

How To Get A Restaurant Equipment Lease or Loan Explained

Sat, 09 Jun 2018 06:10:59 +0000

If you own a restaurant and are reading this article take a moment to pat yourself on the back for taking the risk of following your dreams, that takes a lot of courage and resilience and is something to be proud of.

As you might be aware of, starting a restaurant is expensive, and maintaining it can be just as costly. When it comes to deciding to take on a lease or loan for your equipment, do your research, and consider all options available.

Determining Needs vs. Wants

The Beatles said it best, sometimes you just can’t always get what you want. As much as you might to make a variety of different improvements for your restaurant, it is important to establish a boundary for your wants vs. needs.

Furthermore, look beyond your own perspective to understand the full needs of the restaurant. If your kitchen appliances are causing issues for your chefs to prepare food, or you restaurant furniture is not cutting it for your customers, utilize different feedback to establish your restaurant’s needs.

Choosing A Financier

If you currently do not have the cash outright to buy the restaurant equipment you need today, financing is a viable alternative. One option for financing is doing business with your bank, however this process tends to be tedious and time-consuming.

If you business has been in business for at least two years and has a decent credit standing, there is also an option of doing business with American Capital Group.

American Capital Group

Along with our A+ rating by the BBB- credit bureau, we have over 20 years of industry expertise to guide your practice in the right direction. We can: 1. Be the experienced, dependable partner you need to communicate with for customized services, industry advice, and overall communication.

2. Provide your business with our Lowest Payment. Guaranteed. promise, which will provide your business with the lowest monthly payments in the market.

3. Secure your financing and funding for your equipment fast & easy, in our 4 step process.

4. Use our own funds since we are a Direct Lender, and put together competitive deals and payment programs.

Discover how it takes less than minutes to fill out our secured, online application, while getting approved up to $150,000 without financials. Click Here to secure the financing your practice needs to fulfill its vision.

Cranes: Finance, Lease, Or Buy For Your Construction Business

Wed, 11 Apr 2018 16:24:38 +0000

There is no denying the impact that the crane has made on the U.S. economy. According to the Labor Bureau of Statistics, crane & tower operators provided over 40,000 jobs for Americans in 2017. From crane business owners to construction companies, utilizing cranes for construction can result to lucrative profits.

So how do I decide whether to buy, lease, or finance a crane?

Read below to learn about the different ways your business can obtain a crane.

Buy

Cranes on average have a lifespan of roughly 20 years. If your construction business has the capital to purchase outright, a crane can be an advantageous investment, and can often help your workers complete their job more quickly. However, this option is expensive due to the upfront purchasing cost, and the high cost of maintenance.

Equipment Lease

Leasing options provide your construction company with more flexibility in payment terms than a bank would. They also tend require less paperwork than going through a traditional bank, and shift the burden of equipment repairs/ costs to the equipment owner rather than your company.

A few drawbacks to leasing include it being the more expensive option and abiding to your agreed-upon leasing terms.

Finance

Let’s get real here. In most SME’s capital is tight, and the idea of purchasing a crane upfront is not a possibility. Financing not only allows the ability for a construction business to utilize a crane, but also provides a variety other benefits, including:

Ability to keep up with and utilize the latest crane technology
Avoid crane depreciation (if purchased)
Flexibility in payment terms
Tax write-offs on equipment
Assistance & advice about the industry from your financier

As long as your business has a fair credit history and no business liens, it tends to be easier to finance cranes than other types of equipment.

Verdict

Overall, it is a big financial decision to decide which way obtaining a crane works best for your company. Consider all options, and meet with your accountant/ financial adviser to help decide what is best for your company.

Source: Pinterest

American Capital Group can provide your construction business with the customized, flexible financing options it needs to start using a crane. If your business can benefit by utilizing a crane for 90 days before making its first full payment, and/or needs the lowest monthly payments in the market, consider using American Capital Group as your financier. (With ACG you get the lowest payment or your first payment is on us).

Get approved up to $150,000 without providing financials, by filling out our 90-second application on our secured web page.

6 Ways to Help Your Small Business Become Profitable

Wed, 04 Apr 2018 15:59:07 +0000

Track Your Progress

Technology is your friend. Nowadays, there are numerous of online applications that can help track different components on your business, such as Salesforce, Google Analytics, MailChimp, etc. to name a few. Not only do these apps help you understand how your business is currently performing, but it can also help create attainable, monthly goals.

If your business does not currently utilize any of these tools, evaluate your current practices. Then, research to find out if there is an online application that can complete the task for a quicker and cheaper price.

Consider Investing In Your Equipment

Has your business been eyeballing a piece of equipment lately? Small businesses often are on the lookout for ways to save, so the idea of purchasing a new piece of equipment may seem daunting. However, investing in equipment can actually lead into increases in profitability since they help increase worker productivity, sales, and savings. It can also help your business enter new markets, extend its product/service-line, and grow its customer base.

Can your business benefit from making money off your equipment now and wait 90 days before making its first full payment? If you answered yes, consider our latest 90-day deferral program.

Build an Emergency Cash Reserve

You need to have a cash reserve. If your business does not have one already, create one immediately. As a small business, there will be times where business will be slow, employees will need to be paid, and your recurring expenses will suddenly seem more expensive.

When you are building your cash reserve, bring out the balance sheet. Evaluate your company’s spending habits, along with how much you want to put aside. Every business is unique to how much they should be saving, so while keeping a larger money reserve might work for some companies, it could have adverse effects on another.

In regards to how much you should put aside, common strategies include x% of sales or 3-6 months of business expenses.

Reach Out to Old Customers

Finding new customers can be expensive, so rather than look outward, look inside your database. Do not bombard your past clients with cold calls. Evaluate which reaching out strategy would work best with the type of business you have.

Some examples of ways to reach out include:

Phone calls
Email marketing
Mail
Provide small incentives
Ask for feedback
Send a gift
Holding a customer event

Maximize Efficiency

In order to maximize efficiency, be on top of your numbers. Know your current expenses, and consider the benefits of automating different company processes, such as manufacturing, customer relations, and maintenance.

Evaluate the performance of your current equipment. Is it currently giving you good output, how quickly is it depreciating, will this be a long-term investment?

Do your research on other equipment in your industry. If switching your current equipment for new/used can increase production, cut costs, and streamline growth, consider updating your tools. If your business does not have the money upfront to purchase, consider options such as financing & leasing.

Build a Team

Building a team is said to be one of the most important investments you can make for your company. Your small business may have employees, but if they are not engaged it could be creating unknown adverse effects on your company. Motivate your employees by investing time for team building. This will increase not only communication and collaboration levels within the company culture, but will also positively reflect on you individual employees. This will lead to an increase in their productivity and output levels.

Discover how your business can reach its profitability goals by investing in its potential growth. If you are thinking about adding equipment, vehicles, or other business-use equipment, fill our 90-second application on a secured, private webpage.

American Capital Group has the capability of supporting new equipment purchases as well as used, and will even accommodate private seller sales. It takes less than a few minutes to secure the funding you need, and to get approved up to $150,000 without financials.

5 Strategies for Your Business to Stand Out Among Its Competition

Wed, 07 Mar 2018 16:11:10 +0000

Spoiler: It’s not as expensive as you think.

1. Decide Your Position Among Your Competitors

Everyone wants to be the leader, but is that feasible for your business?

Say that you are a start-up or a newer company, and some of your competitors simply generate a lot more money than your business does. With more money, they have the capability to spend higher amounts on marketing, product development, and other business operations.

This is not to discourage your business from succeeding in your objectives. Rather, this understanding can help a business strategize, create realistic goals, and increase profits. Knowing your market standing now does not dictate what your business’s future potential can be, it just means focusing on today.

Consider these characteristics when developing your position strategy:

Your market’s characteristics
Differentiating your customer markets from your target market
Your competitor’s characteristics (strengths, weaknesses, capital, etc.)
Mission statement
Method to most effectively reach customers

2. Think Like Your Customers Do

To best market your business, you must get inside your customers’ head. Beyond understanding their general demographics, study their habits.

Some example questions to ask yourself:

What websites are they browsing in their free time?

How does your customer research your product/ what you are selling?

What stores do they shop at to buy ?

Do they go out to eat, cook at home, drive-through?

Even if the answers to these questions don’t directly correlate to what your business is selling, it can provide unique platforms to advertise your content. You can also conduct surveys to learn more about who your customers are.

3. Put The Focus Back On The Customer

You have put your blood, sweat, and tears into running your business. Due to your commitment and everyday involvement, you probably think your business is pretty great.

However, a common issue that businesses tend to overlook is their approach when communicating with customers. Put yourself in the customer’s perspective, and evaluate your approach. If your marketing messages repeatedly include the words (I, My, For, Our, Me, etc.), it will not be as effective. This is due to customers having the “Me-Mentality”, therefore, they will be less likely to connect with your message.

So even though you want to tell the world how great your business is, switch up the way you write your marketing content. Always make sure you are catering your message to the customer’s needs, and how your product and service can benefit them.

4. If You Cannot Distinguish A Competitive Advantage, Have The Best Customer Service In Your Industry

You have probably heard a thousand times about the necessity of having a distinguishing factor that sets you apart from the crowd. But what if your business does not have one? Or that there are simply too many competitors that have more money to pour into their advantages that your business cannot afford to compete with?

Have the best customer service in your industry. Whether that means hiring more employees, investing in new technology, or whatever change that may be, it’s a goal that, with planning, is definitely doable & can help you stand out significantly. And at the end of the day, isn’t happy customers what we all strive for in business?

Ready to upgrade your technology? Click here to fill out our 90 second application to receive the financing your business needs, at the lowest payment in the industry.

5. Stay Innovative

When we hear the word “innovator,” some things that may come to your mind might be Steve Jobs, Tesla, Google, the list goes on. Yet being innovative does not have to be exclusive to those advancements. Simply, being innovative can mean to find better and more creative ways to improve business operations.

By devoting time to research trends in your industry, your business can seek out ways to improve products and services, and develop new ideas. Innovation never stops, meaning that it is not simply a choice, but a necessity every company must implement for it to succeed.

Another way your company can be innovative is when it comes to your equipment. Since outdated equipment can stifle your company’s growth and make business operations slower, it is a good idea to consider upgrading your tools.

Utilizing the latest or used equipment doesn’t have to be expensive. At American Capital Group, we can provide your business with innovative financing solutions to help meet your equipment needs, with the lowest monthly payments, guaranteed.

Discover the simplicity of receiving fast financing and the equipment you need. Click here to secure the financing you need to help your business grow.

Prepare Yourself for Rising Interest Rates

Tue, 21 Mar 2017 15:53:25 +0000

As you may be aware, the Fed is forecasting as many as 3 rate hikes this year, including the one that recently happened. A rising cost of federal funds can affect all forms of debt including mortgage rates , vehicle loans, business credit, and most importantly, variable interest rate debt.

If you currently have debt with a floating interest rate, you should prepare yourself now for added costs. The most common forms of variable rate debt are home equity lines, business lines of credit, student loans, and credit cards. It is better to prepare yourself now for the rising cost of debt repayment than be unprepared as these rate cycles persist.

Have You Taken Advantage of All Your Tax Write Offs for 2016?

Thu, 01 Dec 2016 17:30:10 +0000

The end of the year is approaching fast. As a business owner, here’s a few questions that may save you money this year:

Did you pay tax last year?
Are you profitable this year?
Would you like to reduce your payable tax for 2016?

If you answered yes to any of the above, an equipment purchase in December may be a good fit for you.

Section 179 allows business owners to write off up to $500,000 for non-tax capital equipment leases. If you have not hit that mark, adding a piece of equipment and being able to write off this year is worth checking into. For example, a $20,000 purchase saves $6,000-$8,000 in payable tax in 2016. For more information about Section 179, click here.

Get Your Equipment Now, Pay Next Year!

Thu, 27 Oct 2016 17:53:47 +0000

Many business owners are looking at their end of year needs and they have to make the hard decision of whether to buy the equipment now, or wait until next year due to lack of available funds. Putting off an equipment purchase can have big opportunity costs.

American Capital Group recognizes this potential roadblock that business owners face. That is why we offer a “Get Your Equipment Now, Pay Next Year” Program where you can acquire the equipment now, pay only $100 for the next few months, and then start your monthly payments in 2017.

All About Section 179

Wed, 21 Sep 2016 20:52:25 +0000

Section 179 has increased the amount of benefits that equipment leasing already has to offer. For non-tax capital leases, small businesses can write off up to $500,000. For qualifying True Leases, the lease payment can be deducted on your taxes.

What is Section 179?

“Section 179 of the United States Internal Revenue Code (26 U.S.C. § 179), allows a taxpayer to elect to deduct the cost of certain types of property on their income taxes as an expense, rather than requiring the cost of the property to be capitalized and depreciated.”

Is a Bank Line of Credit the Right Option for You?

Wed, 14 Sep 2016 16:04:36 +0000

Many small business owners are reviewing bank line of credit options, as managing your line of credit is essential for the long term success of your business. Here are some conditions you should keep your eye on when utilizing a bank line of credit:

Most lines of credit are based on a variable interest rate…this means when the Fed decides to start raising interest rates, your payments will increase.
A bank line of credit typically has blanket lien provisions. This means you are putting up all your company’s assets as collateral for the line of credit. In 2008, many small business owners had their banks force an early payoff on their debt and the businesses lost all of their assets.

Choosing Your End of Lease Purchase Option

Wed, 31 Aug 2016 16:20:24 +0000

“Seventy-two percent of U.S. companies use some form of financing when acquiring equipment, including loans, leases, and lines of credit,” according to ELFA Online**.**

Equipment financing is one of the smartest ways to obtain new equipment for your business. It saves you money by splitting up the cost into affordable monthly payments rather than one upfront payment. Plus, it provides tax benefits that are only available through leasing. Once you’ve decided to finance your equipment, you’ll want to look at which end of lease purchase option makes the most sense. Here are the most popular options for financing:

Why Start-Up Businesses Need To Finance Equipment

Tue, 26 Jul 2016 16:51:14 +0000

Congratulations, you (or you know somebody who) currently own(s) a business. Start ups are magical entities: they stimulate the economy and benefit the local community. Startups create new jobs and test the market.

According to the leasing world, a startup is any company that has been in business for less than 2 years. Within those years, startups and new companies are extremely vulnerable because of their limited financials or purely due to a small amount of time in business. Equipment costs can really set back a start up, but with the option of financing, they could save their business. Read these benefits below to understand how financing could help your startup. Hopefully, with equipment leasing you will be able to outlast the first two years.

How to Harness & Make the most out of social media

Tue, 19 Jul 2016 20:41:07 +0000

Social Media is great platform to generate new customers, get the word out to a mass population, and learn about the latest and greatest at the tips of your fingers. Having a strong social media presence can be extremely powerful for your business. Take some of these tips to master the web.

Make sure you know the right platform to boost your business. There are a plethora of social media accounts you can take advantage of, including, but not limited to: Twitter, FaceBook, Instagram, Pinterest, YouTube, etc. Get to know your business and the industry you are in so that you can tailor your online presence to your customers.
Know your hashtags, trends, and upcoming holidays. Using the world around you to promote your trade is a great tool. Know the trending stories, the hot hashtags, and recent holidays can definitely bring in new customers and interest more people. Also, it makes your business seem hip and trendy!
Take a data oriented approach to posting. There is definitely an ebb and flow for social media traffic. Use trusted third party apps to manage the high times and when your posts get the most impressions or views. Schedule your posting through the site, or again, through third party websites/apps. Also, promote the post on your other social media accounts!

While you’re figuring the web for your business, go ahead and follow ACG. Twitter & FaceBook!

New Equipment Training For Employees

Wed, 06 Jul 2016 22:31:57 +0000

Getting new equipment is really exciting. (And, financing that new equipment is even more exciting!!)

However, understanding what that equipment can do and training new employees is imperative to get the most out o your new equipment.

Here are some important notes to keep in mind when you are breaking out the new stuff.

Safety First! Read the manual, understand what can happen when things go wrong. Make sure you and your employees have adequate time to get to know your new piece of equipment. Also, be sure to use the new equipment in enough space.

Happy 4th of July!

Thu, 30 Jun 2016 17:19:49 +0000

Get your business ready, it’s almost the 4th…

It’s almost Independence day, America, and by no means is that a break for your business. July 4th is a great time for all, especially since consumers are spending more. In other words, more money for your business!! According to Fox News, consumers will spend an average of $71.34 per household on food for barbecues and picnics leading up to and during this 4th of July. That’s a 1.4% increase from last year.

Get Pre-Owned!

Tue, 21 Jun 2016 16:43:38 +0000

Previously, people had to tackle the hard question of new or used when they were going to buy a car. With the increase in popularity and satisfaction of Certified Pre-Owned (or CPO) vehicles, this is the latest and best alternative to purchasing a car.

With a Certified Pre-Owned car, you can buy with confidence. In order to gain the title of “Certified Pre Owned,” the car dealer and manufacturer goes through many tests to ensure that you are not getting a lemon. A CPO is cheaper than a new car because it has been used. However, this does not mean that the car is not in great condition. CPO cars are usually never older than 6 years and not more than 75,000 miles. When you purchase a CPO, you will get the same feeling as if it were new, even though it was previously used!

Riskiest Way to Acquire Equipment

Mon, 13 Jun 2016 20:56:30 +0000

What’s the riskiest way to acquire equipment?

Many owners feel that paying cash on their acquisitions is the least risky way to expand their operations. Their two main reasons are:

Fear of being locked into a payment over a long term while not knowning what the future holds.
The analysis that borrowing money has a cost… either interest or a stream of payments that exceed the cost of the acquisition.

How Your Business Can Benefit From A Waterjet

Mon, 11 Apr 2016 18:47:25 +0000

Waterjets are machine tools that use pressurized water to cut through metal and other materials. They take standard tap water, mixed with garnet abrasive, to produce a then stream of water pressurized to 60,000 PSI. This high-powered water can cut through almost anything! Waterjets are most often utilized to cut metals, aluminum being a favorite, glass and stone.

For businesses that cut materials or manufacture goods, waterjets can improve the production line. Compared to other methods of metal fabrication, waterjets are safer and more efficient. Because they utilize only water to cut materials there is no heat-affected zone (HAZ), unlike with lasers and EDM machines. They’re also able to cut thicker materials with more tolerance.

Financing Equipment Improves Your Cash Flow

Tue, 14 Jul 2015 15:24:03 +0000

Financing your next business equipment purchase may be more beneficial than you think. Did you know that equipment leasing can actually improve your business’ cash flow? Here’s how:

Buy Now, Pay Later

Leasing your equipment allows you to acquire it right away and begin to increase your revenue with greater productivity. That means you have the opportunity to generate income using your new equipment before you even begin to pay for it!

Benefits Of Equipment Financing

Mon, 01 Jun 2015 15:48:43 +0000

When deciding how to finance the purchase of your business equipment, it is important to weigh the pros and cons of each option. It’s important to make an informed decision in order to do what’s best for you and your business. Here are some of the benefits to leasing your business equipment:

Leasing can overcome budget limitations. If you have a tight capital expenditure budget that does not allow for the purchase of new equipment, but an operating budget that has plenty of room for monthly payments, then leasing may be for you! You can have your equipment up and running for as little as the first and last payment!

Make Your Business Equipment Wishlist Now

Wed, 27 May 2015 15:36:53 +0000

For most businesses, Summer is the busiest time of year. In preparation for the busy months ahead, you may want to evaluate what additional equipment your business will need. Additionally, your busy season could act as a stress test, and make clear what equipment needs to be added or upgraded to accommodate high demand. Here’s how to get started with your business equipment wishlist:

Assess what would take your business to the next level.

Pump Up Your Gas Station

Thu, 02 Aug 2012 00:17:06 +0000

Here at ACG Capital we are constantly staying on top of the latest trends and making sure that they are given straight to you. For those that have gas stations or are in related industries, a new upcoming trend can be a huge potential source for revenue and popularity. New state of the art interactive advertisements are becoming a great boost, as many gas stations are already beginning to adopt this new media. As customers wait an estimated 2-3 minutes at a gas pump in order fill their tanks, there is a huge amount of time to air ads and grasp their attention, since they are more than likely bored and just waiting around. Having LCD screens at each pump with continuous around the clock advertisements running can not only save your customers from being bored and dreary, especially as they see their tank fill up and their wallets empty out, but they can also rake in extra revenue for you as companies will pay great sums in order to advertise with you.

K-12: iPads Here and Now

Tue, 10 Jul 2012 15:00:09 +0000

iPads have been changing the scene since their inception years ago. Everyone from business entrepreneurs to the 5th grader at home have been enjoying the functionality and versatility that the Apple products have been able to offer year after year.

Now with so many apps and such a wide variety of software available for the iPads, schools have been beginning to use them to teach curriculum and help students learn more and become more innovative within the classroom. Public and private teachers, day cares, and even tutors are seeing the benefit that come with working with the iPad and their students. Students ranging from K-12 are encouraged to begin using the new and improved iPads that can run learning games and learning lessons all at the simple touch a screen; literally.

Portable MRI

Wed, 27 Jun 2012 14:30:53 +0000

One of the newest technologies to hit the market is the portable MRI scanners. These scanners are changing the ways that doctors and patients operate, because they are making the scanning process much faster and much more doable. When you think about an MRI machine, you think of a huge piece of equipment that is staying in one room for good. You think of a large and heavy piece of machinery that cannot be easily shifted or transported by any means; until now.

Keeping the Music Alive

Mon, 25 Jun 2012 12:00:18 +0000

Everyone loves music, whether it is R&B, hip hop, jazz, opera, pop, or orchestra. From the sound of the drums, to the sounds of the violin and piano playing along each other, it is music that touches us all and keeps us going.

Whether you are a one man show or a band or quartet, music soothes your soul, yet also tends to empty your pockets. Unfortunate as that is, music is still an everlasting past time that should continue to go on strong, without the strain of funds and obstacles.

Top Aquarium -Priced at $4.8 Million

Thu, 14 Jun 2012 12:30:52 +0000

Have you ever wondered what modern touches your office or home could use this day in age? Many seem to be asking themselves what can make their office space or living space stand above the rest and make them stand out beyond others. If this is the case for you, a state of the art, sleek, and defined aquarium may be your answer.

Although you definitely do not need to measure up to the most expensive aquarium ever built, it is interesting to see the lengths many go to get their aquariums made and displayed unlike any other. The most expensive aquarium to date is estimated at a cool $4.8 million, as it is 24 karat gold plated, and embedded with 65 million year old real T-REX dinosaur bone and mammoth tusks. Why some go to such lengths is impossible to comprehend if you don’t have the millions in the bank, but it’s good to know that you do not need to spend anywhere near a million to get an innovative and desirable aquarium for yourself.

Ultrasound Making Way

Fri, 01 Jun 2012 22:46:35 +0000

When it comes to being a practitioner there is nothing better than being able to reach your clients with ease and mobility. Being able to not only be there for them, but also being able to have what you need, when you need it, is very important.

When it comes to ultrasounds, there are so many necessities and instances upon which they are needed and desired. Ultrasounds however are hard to take from place to place and sometimes trying to have more than one or two in an office can become a financial burden.

Laser Hair Removal – Demand on the Rise

Thu, 24 May 2012 20:18:10 +0000

Technology is becoming more and more important to every aspect of our lives. Everything from food, to water, to communication, to personal styling, technology is something that keeps on giving. A new and improved area of technology that is becoming more popular, and ever present today, is laser scar and hair removal.

With people constantly wanting to be on top of the latest trends and wanting to look their best, laser scar and hair removal has been one of the top industries that individuals have turned to. With over thousands of clients who turn to these procedures, it is not question that more and more doctors hare getting into the business and seeing what it has to offer.

POS Systems- Greatest New Use For Marketing?

Tue, 15 May 2012 13:23:49 +0000

POS systems are known for their accessibility and ease when it comes to operating systems, but another new capability is soon to be uncovered. POS have been used more and more to not only print recipes, but now to E-mail receipts. Power house companies such as Apple and Urban Outfitters are using receipt E-mailing to save trees and lead a greener initiative, but is that all?

When companies try to request customers E-mail addresses in order to send them special updates and upcoming deals, many are hesitant dude to spamming and endless tedious E-mails they end up getting. Either they kindly deny such a request, or they give a fake or null E-mail address in order to get a deal but have no commitment to continued communication with a given company.

Menu Pads – Revolutionizing the Restaurant Experience

Fri, 04 May 2012 20:16:55 +0000

If you are in the restaurant business, you have probably heard all the buzz surrounding the new innovative Menu Pads!

Menu Pads are the latest and greatest technology to hit the market for restaurants, as they are able to integrate taking orders, putting orders into the kitchen, paying checks, and keeping the kids smiling with endless games and internet access. Menu Pads are interactive and are revolutionizing the restaurant experience and culture in one full sweep.

CNC Machines – Changing the Industry

Tue, 01 May 2012 16:06:54 +0000

Computer numerical control machines have been changing the industry more and more as they prove themselves to be a sturdy, cutting edge piece of equipment. CNC machines utilize the latest techniques and technology to give one of the most precise and accurate machined components around.

CNC machines have dramatically changed the manufacturing industry, because they deliver the most comprehensive work that any machine can produce. From laser cutting, to welding, to flame/plasma cutting, to bending, spinning, gluing, fiber placement, and so much more, CNC machines can not only do the job, but do it wonderfully.

Canon Ready to Shoot!

Wed, 25 Apr 2012 20:21:47 +0000

The Canon EOS 1D is on the market and ready to go! Hundreds of people have been on the go to pre-order the newest model, because of this state of the art equipment is more in demand than one may think.

Especially after it’s release at the NAB Tradeshow this past week, many say that it is supposed to go head to head with its comparable competition: The RED EPIC Line.

NAB Tradeshow Most Anticipated Product Releases!

Wed, 25 Apr 2012 09:21:16 +0000

At this year’s NAB tradeshow there was a mix of products, equipment, as well as many awaited new releases. With over 90,000 media and entertainment professionals, it was one of the best stages to release a wide range of much anticipated equipment. Some of the top releases were:

Canon ELS C500 –

As Canon makes its way into the cinematic arena with it’s C line, the C500 was released with awe. This new camera boasts a range of image sensor sizes from 10 to 15 megapixels, and DIGIC II or III image processors. Being able to shoot 4K video is only one of its other many perks that are encompassed within this new camera. This camera beams in comparison to its predecessors and is going to hit the market in early 2013 with a price tag of $30,000.

The Newest OBJET That You Have to Have

Wed, 18 Apr 2012 18:10:36 +0000

If you are in the printing business there is a machine out that will forever change your game. The ability to literally print 3D ojects has never been heard of before; until now. The newest technology to hit the market is now taking over. With the ability to afforadably and accurately print 3D models of whatever objets you desire, the Objet Geometries has bred a line of printers that can ‘print’ a variety of models and objets that can set your personal needs or company above your competitors.

ARRI Cameras – Looking Through a Different Lense

Mon, 16 Apr 2012 10:05:56 +0000

If you are looking to find one of the most top trending cameras in the business, you need to look no further. ARRI, with its unique line of cameras from the Alexa line to the ARRI specific line, ARRI presents a range of cameras that can meet any individual’s needs.

In a recent poll it was found that the new ARRI Alexa line of cameras was found to be the most prominent and in demand. In fact, in a list of 10, it was at the top slot at number 1. The Alexa is the number 1 camera that any directors and DPs desire to work with as it delivers unique and crisp shots that are defined and magnificent.

Frozen Yogurt Changing the Scene

Wed, 11 Apr 2012 15:50:42 +0000

Frozen yogurt has become one of the biggest trends that has withstood the test of time over the last couple of years. With ice cream shops being a major part of our childhoods and on into adulthood, one would not think that anything else could ever take its place. That was what was thought indeed, until frozen yogurt came about.

‘Froyo’ is one of the hottest commodities in today’s market, as it has become a revelation that children and adults have all bought into. Froyo locations can be found almost as abundantly as your local coffee shop and has become not only a place of eatery, but also a social scene. Froyo locations have become places to hang out, relax, or get a quick fix any time of day; literally. Frozen yogurt locations have such wide hours of operation, that you can depend on it as early as 10am and as late as 1am.

Mobile X-Rays-See Through It All

Thu, 29 Mar 2012 16:42:36 +0000

X-Rays have been a part of our lives for as long as we have known. They have been there to fix your kids broken ankle, and pull their wisdom teeth, all the way to spotting a fracture and documenting the healing process perfectly.

If you are in the medical industry by any means, you know how vital an X-Ray machine is to your ability as a doctor. However, now more than ever, mobile X-Ray machines are becoming more and more key to being able to not only do one’s job, but to also do it with easy and stability.

RED-Capturing More Than Just a Picture

Wed, 28 Mar 2012 18:58:00 +0000

In today’s industry we can no longer depend on equipment that can just help us ‘get by.’ We need to be on top of our game and produce bigger and better outputs in order to stay on top of our competition and succeed. If you are in the print or film industry a single word will come to mind when you think of top quality, legendary equipment; RED.

RED is the new standard as it has a league of cameras that go above and beyond the call of duty and deliver an unprecedented quality that cannot be matched. From the Scarlet X line to the Epic line of cameras, they are all one of a kind.

Equipment Financing & Leasing on American Capital Group Blog

Leasing vs. Buying Equipment: Making the Right Choice for Your Business

Why Financing Equipment Should Still Be Considered With Rising Rates

Get an Equipment Bank Loan or an Equipment Lease?

How the supply chain on equipment can affect your Section 179 tax write off

Section 179 Tax Benefits

A quick overview of Section 179

Biggest Trials Businesses are Facing Today

How to Evaluate Your Equipment

4 Things to Consider When Purchasing Used Equipment

Why Should Someone Finance Equipment For Their Business?

How To Get The Best Deal For Gym Equipment Financing

Keep dreaming about the gym that you have always wanted to create?

Do you notice a need in your community to build a better gym than what’s out there?

Or are you a personal trainer that is simply ready to take their fitness ambitions to the next level?

Regardless of which question applies to you, it’s time to take your gym-building dreams out of your head and start making them a reality.

Once you have done your research, implemented a business plan, and choose your location, choosing equipment is one of the most important decisions for a privately-owned gym. On average, it will take roughly $50,000 to start a gym, but this varies depending on the city/ location.

Choosing the Right Type of Equipment for Your Market

When you are deciding the type of equipment that you will need, decide which types of gym goers are you trying to reach.

Are you aiming for the fitness fanatic that needs heavy, adjustable weights, or more of the everyday person that would rather have a variety of lower weight equipment?

Are you trying to provide plenty of cardio equipment or would you rather include a dance room for classes?

Do plenty of research and make sure the equipment you want to purchases aligns with the equipment that your target market looks for in a gym.

To Buy or to Lease?

Sure owning your gym equipment will ultimately be cheaper. But as the industry changes, so does the equipment. Being stuck with out-to-date or obsolete equipment can seriously hurt your gym’s profitability, and can deter potential customers from choosing your gym over another.

If your company has been in business for at least 2 years and has a decent credit standing, online financing is your best, cost-effective option.

Choosing A Financier

Navigating your way to find the best deal for your business can be confusing and time-consuming, and limits your time to work on other aspects of your growing business.

To save you time, let’s cut to the chase. American Capital Group has its Lowest Payment. Guaranteed., a promise that it will provide your company with the lowest monthly payments in the market. If they can’t match it or beat it, they will pay up to $2,000 *.

As a Direct Lender, American Capital Group has its own funds, meaning they have the ability to put together flexible, customizable, and competitive payment programs that others can’t in the industry. We are a dependable partner with decades of experience funding and have an A+ BBB rating.

Your time is important. Which is why we made the application process fast & easy. Discover how it takes less than minutes fill our online application to secure up to $150,000 without provide financials.

Click here to secure the financing you need to help your business grow.

Where To Get Commerical Laundry Equipment Financing

Owning a laundry company can be a relatively stable business, and translate to viable monthly profits. If you currently own a laundry business and are ready to upgrade your equipment, or if you are looking add another laundromat location, investing in your equipment is the next big step.

To Buy or to Lease?

If your company has been in business for at least 2 years and has a decent credit standing, online financing is your best, cost-effective option.

Choosing A Financier

If you currently do not have the cash outright to buy the restaurant equipment you need today, financing is a viable alternative. One option for financing is doing business with your bank, however this process tends to be tedious and time-consuming.

If you business has been in business for at least two years and has a decent credit standing, there is also an option of doing business with American Capital Group.

American Capital Group

Along with our A+ rating by the BBB- credit bureau, we have over 20 years of industry expertise to guide your practice in the right direction. We can: 1. Be the experienced, dependable partner you need to communicate with for customized services, industry advice, and overall communication.

2. Provide your business with our Lowest Payment. Guaranteed. promise, which will provide your business with the lowest monthly payments in the market.

3. Secure your financing and funding for your equipment fast & easy, in our 4 step process.

4. Use our own funds since we are a Direct Lender, and put together competitive deals and payment programs.

Discover how it takes less than minutes to fill out our secured, online application, while getting approved up to $150,000 without financials.

Click here to secure the financing you need to help your laundromat business grow.

How To Get Financing For Dental Equipment

Starting a dental practice, although lucrative, can be very expensive. Beyond buying the technology alone, there are plenty of other costs including chairs, lighting, materials, the list goes on.

If you are currently:

Are overwhelmed looking for all the right equipment for your dental practice

Are trying to find the best deal

Are trying to avoid going through the traditional, tedious bank application process

Are all of above

Consider using online financing & leasing for your dental practice. If your business has been around for 2 years and holds a decent credit rating, American Capital Group has the capability to help.

American Capital Group

Along with our A+ rating by the BBB- credit bureau, we have over 20 years of industry expertise to guide your practice in the right direction.

We can:

Be the experienced, dependable partner you need to communicate with for customized services, industry advice, and overall communication.

Provide your business with our Lowest Payment. Guaranteed. promise, which will provide your business with the lowest monthly payments in the market.

Secure your financing and funding for your equipment fast & easy, in our 4-step process.

Use our own funds since we are a Direct Lender, and put together competitive deals and payment programs.

Discover how it takes less than minutes to fill out our secured, online application, while getting approved up to $150,000 without financials.

Discover the simplicity of receiving fast financing and the equipment you need. Click here to secure the financing you need to help your dental business’s future stay bright & sparkling.

How To Get A Restaurant Equipment Lease or Loan Explained

If you own a restaurant and are reading this article take a moment to pat yourself on the back for taking the risk of following your dreams, that takes a lot of courage and resilience and is something to be proud of.

As you might be aware of, starting a restaurant is expensive, and maintaining it can be just as costly. When it comes to deciding to take on a lease or loan for your equipment, do your research, and consider all options available.

Determining Needs vs. Wants

The Beatles said it best, sometimes you just can’t always get what you want. As much as you might to make a variety of different improvements for your restaurant, it is important to establish a boundary for your wants vs. needs.

Choosing A Financier

If you currently do not have the cash outright to buy the restaurant equipment you need today, financing is a viable alternative. One option for financing is doing business with your bank, however this process tends to be tedious and time-consuming.

If you business has been in business for at least two years and has a decent credit standing, there is also an option of doing business with American Capital Group.

American Capital Group

Along with our A+ rating by the BBB- credit bureau, we have over 20 years of industry expertise to guide your practice in the right direction. We can: 1. Be the experienced, dependable partner you need to communicate with for customized services, industry advice, and overall communication.

2. Provide your business with our Lowest Payment. Guaranteed. promise, which will provide your business with the lowest monthly payments in the market.

3. Secure your financing and funding for your equipment fast & easy, in our 4 step process.

4. Use our own funds since we are a Direct Lender, and put together competitive deals and payment programs.

Discover how it takes less than minutes to fill out our secured, online application, while getting approved up to $150,000 without financials. Click Here to secure the financing your practice needs to fulfill its vision.

Cranes: Finance, Lease, Or Buy For Your Construction Business

So how do I decide whether to buy, lease, or finance a crane?

Read below to learn about the different ways your business can obtain a crane.

Buy