American Capital Group Blog

Maximize Your Tax Savings with Equipment Financing

Mon, 08 Apr 2024 18:02:00 +0000

As a business owner, it’s important to stay up-to-date on tax laws and deductions that can help you save money. One such deduction is the Section 179 tax deduction, which allows businesses to deduct the full purchase price of qualifying equipment and software in the year it was purchased. This deduction is especially valuable for small businesses and self-employed individuals who may not have the capital to make large purchases.

Financing Equipment: A Smart Investment Strategy for Business Owners

Mon, 11 Mar 2024 18:45:11 +0000

As a business owner, you’re constantly faced with decisions that can shape the trajectory of your company’s success. One such decision often revolves around acquiring equipment, and the choice between paying in cash or financing can have significant implications for your bottom line. At American Capital Group, we’ve engaged in countless discussions with business owners grappling with this dilemma. Let’s explore why financing equipment might be the smartest investment strategy for your business.

Want better financing? 3 Ways to improve how you look financially.

Tue, 16 Jan 2024 16:42:23 +0000

Every business owner is concerned about the Fed hiking rates and how it impacts their profit margins. With the Fed aggressively hiking in the last year, the cost of funding has dramatically increased for many owners. There are a few solutions business owners can take to lower their cost of funding in the future compared to what they are paying now. One of the best ways to lower your cost of funds is to work on improving both your personal credit and your company’s debt ratios. Consider the following:

Section 179 Tax Deduction

Mon, 02 Oct 2023 06:06:19 +0000

What is Section 179?

For starters, the name is in reference to Section 179 of the IRS tax code. It allows small to medium-sized businesses to deduct up to $1 million worth of qualifying equipment or software from their net income if it was purchased or financed within that year (January 1 to December 31st). 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.

Guide to Buying Used Equipment

Tue, 29 Aug 2023 17:28:24 +0000

Many business owners are considering the purchase of used equipment to expand their operation. Since there are risks in purchasing used equipment, we have a few useful tips to help simplify the process as well as head off potential problems before our customers are stuck with a bad investment.

Before you start looking it is best to do a brief cost/benefit analysis.

Consider the following:

Do you need to hire an additional person to operate this machinery? What is their monthly cost?
Are there additional fuel or material costs?
How much more productive will this equipment make your company…does it enable you to complete jobs 30% faster, does it eliminate your short-term rental costs, does it eliminate your cost of hiring an outside company to perform the work?
Get prequalified for a lease or loan on the expected equipment cost…that way you can calculate your estimated payments based on the cost of the equipment. With used equipment moving quickly, securing a pre-approval also allows you to potentially negotiate a better price vs other buyers that don’t have their funding secured.
An ideal cost/benefit ratio is 2 to 1 or better. The additional revenue from the acquired piece should be double the total monthly cost of the machine (lease payments, plus maintenance costs, additional payroll costs, insurance costs). For example, if an additional excavator will cost $2500 a month then it should yield $5000 a month in savings/additional revenue…anything less and you should consider a less expensive piece of equipment to make the ratios work and protect the profitability of your business. There are bonuses for depreciation however the goal of any successful business is increasing cash flow not using depreciation to help make a purchase make financial sense.

Get feedback on different types of equipment.

If you are not familiar about certain types of equipment, then taking some time to do additional research will help you protect your investment. LinkedIn has several great corporate groups/industry groups. The website can be a great resource for asking other small business owners for insight as to what equipment has worked best for them and what challenges they have faced on implementation. Their honest feedback could save you a significant amount of money…this is especially true in the manufacturing sector. Some automation equipment might need additional features to enhance productivity or require a significant investment in power supply/infrastructure to work effectively.

Maximizing Financial Opportunities: Success Stories from Take the Summer Off Program

Tue, 27 Jun 2023 16:14:00 +0000

We believe in empowering our customers to make smart financial decisions that lead to long-term success. Our “Take the Summer Off” program has provided numerous business owners with the means to strengthen their financial positions while enjoying a well-deserved break. In this blog post, we share inspiring stories of how some of our customers have utilized their funds from the program to generate revenue, pay off debts, invest wisely, and create memorable experiences. We hope these stories will inspire and guide other entrepreneurs towards financial prosperity.

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:

Maximize Your Tax Savings with Equipment Financing

Tue, 18 Apr 2023 22:45:55 +0000

Does your bank line of credit put your business at risk

Wed, 12 Apr 2023 17:06:02 +0000

Many business owners are reviewing bank line of credit options with the recent instability in the banking industry. Managing lines of credit is essential for the long term success of a business. Here are some conditions business owners should keep their eyes on when utilizing a bank line of credit:

Most lines of credit are based on a variable interest rate…this means every time the Fed hikes rates then the debt being carried on the line of credit gets more expensive.

Proactive measures to take when seeing instability in the banking industry

Tue, 21 Mar 2023 15:42:46 +0000

Given the current instability of the banking industry, there are several actions that businesses should consider taking:

Be cautious about getting deeper into debt with your main bank: Most bank lending documentation have a call provision whereby if the bank is in trouble they can call your note. Be careful about having too many eggs in one basket.
Diversify your banking relationships: Spread your funds across multiple banks rather than relying solely on one institution. This can help mitigate the risk of any single bank failure affecting all of your funds.
Monitor financial health: Stay informed about the financial health of your bank(s) by regularly checking their ratings and financial reports.
Maintain a strong financial position: Focus on maintaining a strong balance sheet with healthy cash reserves and low debt levels. This can help position your business to weather any potential economic downturns.
Explore alternative financing options: Consider alternative financing options such non-bank lenders, like American Capital Group, which may be more resilient to banking industry volatility.
Consult with a financial professional: Seek advice from a financial professional who can help you navigate the current banking landscape and develop a comprehensive risk management strategy.

By taking these proactive measures, businesses can better manage the risks associated with instability in the banking industry.

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.

15 Tips to help you ensure your business is successful

Wed, 22 Feb 2023 16:09:29 +0000

There are a lot of things to manage when running a business and often times things get overlooked or just forgotten about. Here are 15 tips of things to not overlook to help ensure your business is successful this year.

Make sure your website loads properly and doesn’t have any broken links. How does your website compare to your competition’s?
Make sure your automated phone system is user friendly and routes to the proper extension.

Strategic Planning for 2023

Mon, 23 Jan 2023 16:32:13 +0000

To ensure 2023 is a successful year, business owners need to evaluate the changing market and perform strategic planning for the year. Even a smaller 1-5 person business will benefit from performing a quick strength and weakness assessment analysis of their current business market. This helps owners be proactive vs reactive and helps ensure 2023 is a successful year. Ask yourself the following questions:

What is the strength of your business?

Year End Financial Planning

Wed, 21 Dec 2022 17:36:02 +0000

The end of the year is quickly approaching and if your priority is to save on both business and personal income tax in April there are a few tax moves to consider before December 31st.

On the business side

If you are on a cash-based accounting method, consider delaying sending invoices to your customers until January. When these invoices are paid in January you are effectively delaying your income tax on these until 2024. If you have receivables or invoices outstanding and aren’t hurting for cash flow, then collecting on them in January enables you to do the same thing.

Are you getting the most from your bank/funding partner relationship?

Mon, 05 Dec 2022 12:10:11 +0000

One of the best resources a business owner can use is to tap into the knowledge of their funding partner. Many of our customers will ask advice on buying real estate, investing, tax strategies that can save their business income, and consult with us on equipment to determine if the return on investment is worth the risk. Any decent salesperson can make a sale, but the truly valuable ones can give their clients insightful advice that helps their business prosper.

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.

Thinking of selling your equipment? How to make sure you get top dollar in today’s market.

Wed, 19 Oct 2022 18:58:12 +0000

Many of our customers are looking to upgrade this year or simply get rid of older equipment while it is still a seller’s market. Because of supply chain issues and scarcity of obtaining new equipment, the used equipment market remains extremely strong. If you have equipment or trucks that you have considered selling, now is a good time to take advantage of the market. To ensure you get the maximum value, we have a few tips to help you achieve your goal.

Section 179 Tax Deduction

Mon, 03 Oct 2022 20:25:11 +0000

What is Section 179?

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.

Changes in the new and used vehicle market

Mon, 22 Aug 2022 16:57:17 +0000

The new and used vehicle market has changed dramatically in the last few months.

If you are not aware the interest rates on vehicles has increased dramatically this year. Several of our customers just in the last 30 days are reporting that the interest rates they are seeing on new trucks are 10-11% or higher, and on used trucks some of our customers are reporting rates over 14%. These are clients with strong credit profiles and have been in business for years. The recently released Fed minutes show the Fed is considering another .5% interest rate hike in September which could impact vehicle rates further.

Tips for Protecting Your Credit & Securing Better Financing

Tue, 12 Jul 2022 08:00:48 +0000

In market with rising interest rates, it’s important for business owners to recognize they can actually lower their cost of funds by improving their credit. At American Capital Group, one of our core values is to support our customers however we can, which includes educating them on best business practices.

We have consulted with many of our higher risk clients and by taking these steps to improve their credit risk profile, they have secured significantly better options.

Understanding Your Balance Sheet Part Two – Debt to Equity Ratio

Tue, 07 Jun 2022 22:43:05 +0000

As we continue our series reviewing the balance sheet, the next important ratio to discuss is your company’s debt to equity ratio. This ratio is important as financial institutions review this ratio to determine how risky/over-leveraged your company is. In addition, should you decide to sell your business one day, this is the ratio buyers will look at to determine if it is a fair purchase price.

Let’s clarify some terms:

Understanding Your Balance Sheet Part One – Current Ratio

Thu, 26 May 2022 16:58:23 +0000

Many small business owners think that their balance sheet is confusing and best left to accountants and bankers to understand. However even having a basic understanding of your balance sheet can give your company an edge in positioning your company for long term growth. In addition, a strong balance sheet can also:

Help you weather any short-term downturn in the market.
Make you look stronger financially when you are applying for larger leases or loans for real estate or larger equipment.
Help you achieve top dollar when you are looking to sell your business.

One of the most important ratios to look at is your current ratio. Before diving into what the ratio is, an explanation of current assets and current liabilities is needed.

Don’t Fight the Fed

Mon, 09 May 2022 14:43:37 +0000

Many business owners are concerned about inflation, the recent market sell off, and the increasing cost of funds in this rate rising environment. The Fed’s second rate hike of the year, a half a percent, has affected new loans, variable rate debt, and mortgages. In addition, the Fed is anticipated to implement additional 0.5% rate hikes in June, July and September. There are a few things business owners can do to plan for the balance of the year

How to make sure your accountant is working for you

Mon, 11 Apr 2022 20:25:46 +0000

A good accountant is worth the extra expense and here are a few tips to ensure you have the right person in place working for you.

1. Have your accountant prepare both your business and personal taxes.

This way they have an accurate picture of how your business income impacts your personal taxes. They should also be able to give you recommendations on whether it makes sense for your corporation to pay you a salary vs pay income distributions as each are taxed differently.

Don’t Bank On It

Wed, 30 Mar 2022 12:58:49 +0000

We have recently spoken with numerous customers that are sharing their unique stories on what they are experiencing in the current banking environment. This insight may help your company make an informed decision on how to grow your business.

One of our customer’s used their bank to purchase a $100,000 excavator. The bank gave them a 3-year loan but required they deposit $100,000 in Certificates of Deposit as collateral that had different lengths of time for redemption over the 3-year period. It was up to the customer to remember to request the redemption at the designated time or the money would roll-over. Put simply, why commit funds to the bank only for them to then lend that same money back to you at a higher interest rate?

Building Wealth for Your Business Over Time

Wed, 09 Mar 2022 18:20:01 +0000

One of the best strategies to build equity and wealth for your business is by investing in real estate. This strategy has several short-term and long-term benefits that can make a significant difference to the long-term value of your company.

First consider the basic principle that paying rent on your space puts you at a disadvantage. Consider the following:

Rents will increase over time.
You have limited control over improvements that can be made to your space.
If your landlord decides to sell the building or not renew the lease you can face costly moving expenses.
Although your rental expenses can be deducted from your taxable income, you are not paying down an asset.
Although your rental expenses can be deducted from your taxable income you are not paying down an asset. Imagine the 5 or 10 years of monthly rental costs that can be used instead to pay down principle on a business asset

Owning your location gives you some compelling benefits:

3 Ways to Handle Staffing Challenges

Tue, 22 Feb 2022 17:17:48 +0000

In the current environment, staffing is a big concern for business owners. Here are three ways to handle staffing concerns:

1. Hire New Employees.

Almost every business owner is short-staffed and fighting to hire quality personnel to help grow and maintain their business this year. Here are a few tips that can help you in your search:

The best candidate is a referral from an existing employee. Make sure you offer a referral bonus to your employees and incentivize them to do the recruiting for you. They will be motivated financially as well as want to bring on the right person for your workplace

4 Tips to Protecting Your Financial Health

Tue, 01 Feb 2022 05:55:13 +0000

The last time the Federal Reserve increased rates was in 2018 and many business owners have forgotten the financial impacts an increased rate raising environment creates. Any debt that is on a variable rate schedule will be impacted….if your business has a line of credit, or your house has a home equity line of credit, the payments on this debt increases when the Fed increases the rate. Here are four tips to help protect your financial health.

Guide to Buying Used Equipment

Tue, 04 Jan 2022 15:07:26 +0000

Supply chain issues and increased costs for new equipment are major concerns for business owners in 2022. This has led many business owners to evaluate the purchase of used equipment to expand their operation. Since there are risks in purchasing used equipment, we have a few useful tips to help simplify the process as well as head off potential problems before our customers are stuck with a bad investment.

Before you start looking it is best to do a brief cost/benefit analysis.

Consider the following:

Consider This Before Paying Cash for Your Equipment

Mon, 01 Nov 2021 18:10:42 +0000

You might be like some business owners we speak with that are considering paying cash for an upcoming equipment acquisition. What many of these owners don’t realize is that by paying cash on items that can be financed or leased, they are giving up a large amount of future profit. The cost of funds to acquire assets has been extremely low, and inflation is forecasted to continue to significantly rise.

Section 179 vs Bonus Depreciation

Wed, 11 Aug 2021 05:09:49 +0000

What are the differences between Section 179 and Bonus Depreciation?

Prior readings: Section 179 Benefits, Bonus Depreciation

Section 179 is an 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, and Bonus Depreciation is another incentive that allows businesses to immediately deduct a percentage of the purchase price of eligible assets, rather than write them off, over the useful life of the asset. Given how similar these two tax incentives are, here are some differences so you can understand how they are separated in your books.

6 Strategies To Help With 2021’s Unique Business Challenges

Tue, 20 Jul 2021 21:08:34 +0000

The US economy has improved significantly, but now many business owners are facing more unique challenges. The 2 biggest concerns we hear on a daily basis are the difficulty in finding staff and the challenge in getting material/supplies. There are a few strategies that may be helpful in tackling each of these challenges.

Staffing:

Consider looking for part-time help versus just trying to fill a full-time/salaried position. Many older skilled workers prefer working 10-20 hours a week. One of our clients in the trucking industry was able to hire 2 part-time drivers and set their schedule to equal almost a full-time driver.
Beyond posting jobs on Indeed or other job sites, a local vocational school that has graduates looking for work may be able to fill a position quickly.
Can any portion of your business benefit from automation? Even a simple voicemail system can eliminate time your staff gets tied up by answering/transferring calls.
Evaluate every aspect of your business to see where time is wasted. Can you outsource any portion of your business that consumes you/your employees time?

Supply Chain:

Bonus Depreciation

Wed, 23 Jun 2021 05:32:32 +0000

Now that you know about Section 179, it’s also important to know about Bonus Depreciation. Bonus Depreciation is another incentive that allows businesses to immediately deduct a percentage of the purchase price of eligible assets, rather than write them off, over the useful life of the asset. It’s not offered every year, but for 2021 it’s being offered at 100%, meaning it’s possible to deduct the entire purchase from your 2021 tax obligations. It’s common practice to take your Section 179 deduction followed by Bonus depreciation.

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.

How Attending a Tradeshow Could Help Your Business

Wed, 21 Apr 2021 16:43:16 +0000

As someone who’s been in the business for awhile you’ve learned the ropes, and you certainly know what works for your business. But do you know what works best now? Sometimes routine can prevent the business from prospering, and that is why attending a trade show can help remind business owners of what the industry has to offer. Bringing vendors, distributors, industry leaders, and other business owners under one roof, you’re sure to leave with new ideas on how to enhance your company. Here are five reasons as to how attending a trade show can help your business.

The Real Cost of Paying with Cash

Thu, 11 Feb 2021 22:55:57 +0000

It seems to be a common belief that paying in cash is always the least expensive option, but is that really true if we consider all the risk factors of making a large business purchase?

In today’s economy, a good portion of small business owners were successful in securing PPP funds or have excess capital to fund their large purchases, such as equipment. Many owners feel that paying cash for their equipment is the least risky way to expand their operations.  Their two main reasons are:

Is it the Right Time to Invest in Equipment?

Tue, 12 Jan 2021 00:14:18 +0000

When it comes to investing in new equipment, many business owners only think about purchasing when their current equipment completely breaks down or they have an immediate business need that requires a new piece of equipment. This reactive purchasing habit can create extreme stress and result in paying more for the equipment because of the urgent need to get the equipment in action.

With any major purchases, when you buy can have a profound effect on your business operations. It’s easy to put off buying or replacing necessary business equipment when it’s not so easy to understand the useful lifetime of your equipment. There are many factors that can help you plan ahead for when you should buy equipment. The reasons listed below are a great place to start.

Business Resolutions: Plans to Start 2021 Strong

Tue, 15 Dec 2020 07:03:06 +0000

If you haven’t already, it’s time to start setting resolutions for your business. So much has changed in 2020, resulting in higher anxiety for what is to come in 2021. Resolutions and goals are more important than ever as your business is likely to continue to have to adjust into 2021. Here are 3 simple resolutions to consider to help you have a strong upcoming year.

3 Things Your Outdated Equipment is Costing You

Tue, 27 Oct 2020 15:02:27 +0000

It may seem like your outdated equipment is only doing you good, but the opportunity cost of not updating it could be the difference of thousands of dollars. Here are things your current equipment could be costing you.

1. Time

Machinery, or other equipment, is likely the lifeblood of your company. If your outdated equipment is slow to operate, breaking down often, or takes forever to load, it’s time to upgrade. All that collective time lost per day results in less jobs completed and less money in your pockets. If low efficiency is an issue due to your outdated equipment, you could be missing out on thousands of dollars per month. Not to mention, a post-COIVID-19 world has made many industries focus on using more digital processes, making customers expect faster turnaround times. Save yourself (and your customer) some time by investing in faster, more efficient machinery.

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 Protect Your Credit During an Economic Downturn

Thu, 06 Aug 2020 16:07:32 +0000

As COVID-19 continues to ravage the nation and reopening efforts have had mixed results, millions of small businesses are reeling from the subsequent downturn that the virus has caused. With many seeking assistance from the SBA as well as aid from state programs and trade associations, small businesses that are weathering the pandemic are looking for creative ways to stay afloat. Seeking out additional private loans and other types of debt if PPP and EIDL were insufficient can be a short-term fix, but no one knows how long this situation will last and it could cause lasting damage to your credit rating. Here’s how you can keep your credit rating safe in these uncertain times

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.

Reopening Your Business: 5 Things You Must Have in Your Plan

Mon, 15 Jun 2020 15:59:20 +0000

In the wake of the COVID-19 pandemic shutdown, the world of business in the immediate future is destined to be very different from what was once normal.

No matter what the business, from mom and pop retail to large-scale manufacturing, the workplace of the future is likely to be more safety-oriented than in the past. Whether that means installation of Plexiglass screening at every cash register, additional partitioning between desks, remote work stations and teleconferencing, shorter operating hours, or PPE and disinfectant wipes for every customer, business owners should assess future needs in relation to current capabilities. If that means leasing or purchasing new equipment to return to business, the increased costs will become a new requirement for doing business in this new age.

Ways to Build a Better Team for the Future

Thu, 11 Jun 2020 07:00:18 +0000

There is little doubt that the road ahead may be a bit rocky post-COVID-19. The world has changed, and businesses of all kinds will have to adapt. Change may be the constant, at least for the immediate future, and it will impact company policies, staffing needs, scheduling, marketing, purchasing and production decisions, as well as profitability. As challenging as the new rules and requirements might be, there will also be new opportunities ahead, in terms of growth and development, according to thought leaders in all fields.

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.

New Ways to Think About Boosting Sales

Thu, 14 May 2020 17:07:05 +0000

Seasonal peaks and valleys are common in business, and most business owners have developed strategies that carry them through the slower times. Spring is normally the time to take stock, and to plan creative new ways to boost sales and ensure higher profits for the coming year.

This spring, however, is different. The dramatic spread of the novel Coronavirus has caused a ripple effect that will leave no business untouched.

How to Build a Pipeline During an Economic Downturn

Wed, 06 May 2020 07:34:18 +0000

“Timing is everything.” You’ve heard it many times; you probably even have said it occasionally. It’s one of those expressions that can lift you up when good things happen, such as being “in the right place at the right time” to take advantage of an opportunity in business.

It can also be a wry commentary on how circumstances out of anyone’s individual control can affect business plans for growth and expansion. Luckily, with a bit of planning, you should be able to pivot your reaction to new circumstances with a minimum of disruption.

6 Things You Need to Get Approved for Financing Right Now

Mon, 04 May 2020 07:15:54 +0000

With the banks limiting the type of lending they will provide now more than ever, ACG wants to share some information to help you qualify for financing. We’ll break down the questions you should have ready to answer to get your business the best approval terms. The following questions come straight from out ACG credit team, so you know how to prepare, right from the source.

How to Plan for Success after the Coronavirus Pandemic Subsides

Tue, 21 Apr 2020 07:28:07 +0000

The COVID-19 pandemic is unlike anything the modern world has ever experienced, and this uncertain turmoil is bringing many businesses to a screeching halt. It is important to remember that even during these tumultuous times, there is still a future to look forward to.

Remain optimistic, but avoid creating a plan with a strict timeline in place. Choosing a date and time to resume in-person business transactions and reopen storefronts is likely not possible at this time. Instead, start focusing about new ideas or strategies you can implement several months from now.

How to Keep Engaged with Your Customers During Uncertain Times

Tue, 14 Apr 2020 07:00:05 +0000

The coronavirus pandemic has left many businesses navigating through murky waters. This unprecedented crisis has required millions upon millions of people around the world to change their way of life in a matter of moments, and business professionals have had to learn how to connect with their customers in new and innovative ways.

During uncertain times, there are ways that you can and should engage with your customers. Here’s a few tips for increasing your engagement levels and boosting your customer loyalty:

For the Community

Tue, 07 Apr 2020 21:01:35 +0000

ACG’s Response to COVID-19

At American Capital Group, we are committed to helping our community during these unprecedented times. Being able to provide you resources to help keep you healthy, informed, and in business are our goals with the ACG Community Resources, which you can find next to the Contact Us tab or by clicking the button below.

ACG Community Resources

How Small to Midsize Businesses Can Plan to Survive a Recession

Mon, 06 Apr 2020 23:24:23 +0000

Building a business requires a variety of skills, not the least of which is the ability to adapt to changing times. If one thing is a given, no matter what the size of your business or how many years you have been in business, it’s that change is always just around the corner.

Those who learn that truth early on also learn how to analyze trends quickly, weigh options, strategize for various outcomes, and pivot when necessary. They are all learned skills, and they are particularly valuable when facing the prospect of a recession.

5 Ways Your Business Can Access More Money

Wed, 25 Mar 2020 00:54:39 +0000

5 Ways Your Business Can Access More Money

Whether your business is just getting on its feet, or has been around for two decades, it likely needs financing to help fund growth or if unforeseen circumstances affect your cash flow. For that reason, it’s important to know what ways your business can access more money. Here’s 5 ways to get you started.

Bank Lines of Credit

A bank line of credit, also known as a business line of credit, is a loan where your lender makes a certain amount of cash available to your business that you can use at any time. Unlike a regular business loan, a business line of credit won’t charge interest on the unused portion of credit you’re borrowing. Lines of credit are the most popular form of funding for a business but beware of what the bank asks as collateral. You can read more about things to consider when getting a line of credit here.

Are You at Risk if Your Bank is Under Stress?

Wed, 18 Mar 2020 00:03:25 +0000

Are You at Risk if Your Bank is Under Stress?

Are you safe in the event that your bank limits or restricts your borrowing or lending abilities? Most people aren’t, which is why you should know more about the resources you have in the event of an economic downturn, or better, before you find yourself in a hole you can’t get out of.

Start by reviewing your lines of credit, here are a few things you should be aware of:

WestPack Anaheim 2020

Mon, 09 Mar 2020 20:07:54 +0000

WestPack Anaheim 2020

Another year in Anaheim at WestPack proves that innovation continues! Highly specialized machines, the latest in efficient and clean packaging ensured the trade show floor was ready to impress.

WestPack is held annually at the Anaheim Convention Center in Anaheim California and partners with MD&M West, ATX West, Design & Manufacturing Pacific and Plastic West to put on an event that combines packaging, medtech, automation, design and plastic industries giving attendees the opportunity to find more solutions to their needs and make connections across verticals. Attendees at this year’s expo interacted with business professionals and engineers who passionately detailed out their products and discussed what upcoming trends will soon become the standard.

3 Common Problems That Cause Start Ups to Fail

Tue, 25 Feb 2020 13:34:49 +0000

Starting a business is very exciting, but the pressure to survive in the first two years is not for the faint of heart. Only 10% of new businesses succeed, and your goal is, of course, to be in that top percentage. Here are the three most common issues that cause start-ups to fail, and how to avoid them.

1. Lack of Planning

This seems to be the most obvious starting point, but a lot of start-ups are born from great ideas that kick-start the business without stopping to plan the next steps after the product or service is actually born. The goal to create overshadows the need to make mid-range and long term goals that allow for realistic planning. The “what’s next?” question should be decided on months prior. Planning helps you prepare for future business needs and gives you time to research and explore better growth options for the company. Naturally, specific to-do lists and deadlines will be set in place to maintain your company’s push forward and prevent easily avoidable circumstances from tanking business.

2. Failing to Adapt

Your first couple years of business are spent slaving away over internal matters. However, it is absolutely crucial to pay attention to the many players, changes, and trends in your market. If you don’t take a peak at what is happening in the industry or watch where your competitors move, your business offering could become obsolete by the time you’ve finished building it. Stay aware so you can pivot the company if necessary, or better, find and create a solution to an underserved need that could make your business even more profitable.

If you want to learn strategies about staying ahead of your competitors, read this blog. The key takeaway? Make sure your business has at least one factor that differentiates itself in your market, or else your company will likely fade among its competition.

3. Not Enough Financing

The idea of a lease or additional debt may seem intimidating as a small business owner. Navigating your way through the financial world and deceptive broker fees can feel overwhelming.

In order to make money, you’ll have to invest (a lot) into the business and, more often than not, you don’t have that money laying around. A decision to not utilize financing for your business and its equipment can seriously restrict your company’s capacity to expand, and limit the potential revenue it could be making. Shelling out thousands (or hundreds of thousands) for equipment will likely be unfeasible in the early stages, and financing will allow your business to sustain a healthy cash flow in order to make necessary maneuvers as you learn and grow during your first few years. Don’t make the mistake of tying up a large sum of money (especially in equipment) that prevents you from having cash on hand to use for more appropriate needs.

Meet with your accountant to discuss all different methods of financing, and consider the benefits of working with a direct lender.

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. As specialists in equipment financing, it allows us to give you the most competitive offer, our *Lo****west Payment, Guaranteed.

Discover the simplicity of receiving fast financing for the equipment you need by clicking here.

Top 3 Ways to Build Your Credit

Mon, 10 Feb 2020 13:00:39 +0000

Building and maintaining your business credit is crucial to the health of every company. Improving your credit to get better terms or larger approvals doesn’t have to be an uphill battle. Follow these three rules so you can build your credit fast and make your business more trustworthy to work with.

No Late Payments

Remember that your credit is essentially a measurement of your trustworthiness when it comes to paying creditors back. A late payment diminishes that trust, and shows that you are a risky person to lend money to because you have an issue paying on time.

Avoid any type of late payment. A late payment will be reported if you pass the 30 day mark, but don’t let the illusion of a grace period fool you. Don’t get into the habit of making late payments because it will ding your credit and the adverse affects roll downhill from there. To avoid late payments, set up email or text reminders, or set up reminders in your personal calendar. Another option is to sign up for automatic payments so you never have to worry about missing a date. However, if you pay off your entire amount every month (which is also highly recommended) be sure that you have enough funds in your account so you don’t end up being charged an overdraft fee or ruining your cash flow. Remember that you have the power to choose what your payment date will be, so make it a date when you know you have more funds in your account or when you’re more likely to remember to pay your bill.

Lower your Credit Utilization

Simply put, don’t use more than 20 percent of the credit available to you. Paying off large sums owed (or even beginning to) will greatly increase your credit score. Ridding yourself of debt lowers your credit utilization which indicates that you’re more likely to be able to pay your bills on time. Keep in mind that your credit utilization is an important factor in determining your credit score. Anything above 30 percent utilization could begin to lower it. If you need more lines of credit to prevent over utilizing your current account, do so as long as you are able to pay both lines off on time.

Pay Twice a Billing Cycle

This ties our previous two tips together. By paying down your expenses twice a month you’ll ensure there are no late payments, while simultaneously lowering your credit utilization. This is how everything ties together to help you build credit. Paying twice a cycle shows that you are aware of your expenses and that you watch what you borrow. It also creates the healthy habits of watching your monthly (and bi-weekly) expenditure so you can better manage your spending habits.

FICO is Changing the Rules

Thu, 30 Jan 2020 19:18:07 +0000

If you haven’t already heard, FICO is updating the way they review and score your financial behavior. It’s important for business owners to understand the changes, as this could affect not only your personal borrowing capabilities, but your business’ too.

The new FICO Score 10 looks at 24 months of your financial history with the aim to better understand your borrowing habits by viewing a larger scope of your past, rather than just a snapshot of your current financial health. Here’s where things get tricky. Now that two years of financial health will be looked at, Americans can expect their scores to rise or fall by 20 points or more depending on what their history shows.

Section 179 & its Benefits

Wed, 04 Dec 2019 22:52:44 +0000

So, what exactly is Section 179?

For starters, the name is in reference to Section 179 of the IRS tax code, which allows small to medium-sized businesses to deduct up to $1 million worth of qualifying equipment or software from their net income if it was purchased or financed within that tax year (which runs from April 1 – March 31). 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.

How to Prepare for a Trade Show

Wed, 16 Oct 2019 18:00:30 +0000

You’ve decided to attend a trade show, great! Here are the top seven things to do before you go.

First and foremost, plan ahead. There’s nothing more stressful than deciding to attend the trade show the month of. It will usually result in tasks being delegated to the wrong people, a halt in production, and overall strain to the business. The point of attending the show is to enhance business operations long term, not set the company back due to your absence. Planning well in advance will allow you to properly manage your time and projects so you understand what needs to happen before you leave. Figure out who will cover roles while other employees are out of the office and ensure you don’t come home to a mountain of work, or even worse, mistakes.

Why it’s a good idea sign companies to update their equipment regularly

Wed, 03 Apr 2019 16:45:55 +0000

As any sign company knows, it is important for businesses to keep both digital and physical signage updated to continue to connect with customers. In the same way, it is valuable for sign companies to look to upgrade their equipment to be able to continue to attract these businesses. Here are three reasons why you should consider upgrading your sign equipment:

1. Improve Efficiency

With new technological advancements, equipment continues to becomes faster and optimizing the production process. With upgraded equipment improving your efficiency, you will be able to take on more projects which will ultimately lead to making more money for your business.

2019 Small Business Checklist

Wed, 27 Feb 2019 17:05:19 +0000

As we are almost two months into the year, it is important for your small business to stay on track of its goals and priorities. With so many new business and technological trends, it is important to know how to deal with the changing environment.

This small business checklist will help your business be well prepared for whatever 2019 throws your way.

Ask staff about their needs & priorities

Keep your employees in mind while trying to grow your business. It is critical to make sure everything is working internally before your business can make steps externally.

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.

7 Types Of Semi-Trucks Explained

Mon, 02 Jul 2018 08:58:09 +0000

Have you been thinking about adding a semi truck to your company? These powerful vehicles can enable a business to substantially increase its cash flow along with lowering the transportation costs of going through a third-party service. Read below our brief explanations of 7 types of semi trucks.

1. Box Truck: Most popular for transporting furniture and appliances, comes in all sizes.

2. Dry Bulk: Transports dry materials in large quantities, examples include food, chemical, & building products.

3. Car Hauler: A trailer or semitrailer that aims to transport passenger vehicles via commercial truck

4. Flatbed: A truck that’s body is entirely flat with no roof or sides in its structure. Good for transporting large, heavy products that would not be able to fit in a fully-closed truck body

5. Tanker: Commonly used to carry oil and gases, a tanker is used to carry gases, dry bulk, and liquids in bulk.

6. Truck Tractor: According to the FWHA, this type of truck is considered as a non-cargo carrying power that is joined with a semi truck. Used to pull heavy machinery, vehicles, etc.

7. Water Trailer: Can carry high volumes of water, used in applications such as mining, sporting events, and even can transport for human consumption.

So now that you are aware of the types of semi trucks out there, and decide on wanting to utilize one for your business, what’s next? Yes you can certainly buy the upfront price outright, yet this is quite expensive due to their hefty price tag.

Once you decide the best type of truck for your company, American Capital Group can provide the flexible financing it needs to obtain a new or used semi truck. We will provide your trucking company with the lowest monthly payments in the market back by our lowest payment, guaranteed promise.

It takes 90 seconds to fill out our secured online application to get approved up to $150,000 without providing financials.

Utilizing the latest or used semi trucks 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.

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.

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.

Understanding Trump’s Tariff Plan & How It Affects You

Wed, 14 Mar 2018 21:09:53 +0000

President Trump last Thursday announced his tariff plan on imports of steel and aluminum. Despite its recent controversy, this blog will briefly focus on solely the components of the plan and its impact.

A Brief Summary of Trump’s Tariffs

To start, first & foremost it is important to understand what the tariff is all about.

Trump’s plan includes a 25% tariff on steel imports, and a 10% tariff on aluminum. This plan exempts Canada and Mexico, and leaves it open for countries to negotiate a deal to alleviate the tariff.

So how does it affect me?

Trump’s tariffs, briefly stated, will affect everyone.

Industries

Most American industries rely on steel and aluminum imports, from car manufacturers to construction companies. While U.S. steel industries benefit from this tariff, most industries will be hit with increased costs of production, due to resources becoming more expensive.

Consumers

Due to the tariffs, many businesses will incur higher costs to produce, which will translate into more expensive products on the consumer-end. Household appliances, cars, electronics, food packaging, beer packaging, building materials, are but few of many products that will most likely face an increase in price.

Small Businesses

If your business does not want to incur the extra costs of tariffs and rate hikes, now more than ever do you need to plan accordingly. By getting your equipment now, instead of waiting through 2 more hikes, you not only save your company money, but avoid paying a much larger price for the same piece of equipment.

American Capital Group has the capability of supporting new and used equipment purchases, and will accommodate private seller sales. If you are considering adding new equipment, vehicles, or other business-use equipment, fill out our 90-second application to secure the financing you need. Get the financing you need for your equipment today, to avoid paying for tomorrow’s price.

Choosing the Best 3D Printer For Your Business

Wed, 14 Mar 2018 14:50:55 +0000

3D printers can be very beneficial to a small business owner. From assisting in product development, to customizing products, and cutting costs, these are few of many reasons why a 3D printer can help grow and expand your company.

But how do I choose a 3D printer? What type of 3D printer is best suited for my business? Read below to learn about the advantages and disadvantages of the different types of 3D printers.

1. (SLA) Stereolithography

Pros: Useful for prototyping, short-run parts, high-quality, high-speed in high volume

Cons: Price, Some limitations of use

2. (DLP) Digital Light Processing

Pros: High resolution in short volume, high-speed in short volume, lower cost

Cons: Unable to print high resolution in high volume, large in size

3. (FDM) Fused Deposition Modeling

Pros: Useful for prototyping, easy to maintain and replace, lower cost

Cons: Slow printing multiple parts, layering flaws

4. (EBM) Electron Beam Melting

Pros: Useful for industrial 3D printing, speed

Cons: Price, less precise in comparison to other devices

5. (LMD) Laser Metal Deposition

Pros: Reduced costs, fast cooling rates, faster production times

Cons: Not as mainstream, harder to obtain

6. (LOM) Laminated Object Manufacturing

Pros: Useful for large-scale projects, quick, high accuracy

Cons: Not useful for prototype functioning, more labor to manage production and

hazards

7. (SLM) Selective Laser Melting

Pros: Minimal restrictions, quick production

Cons: Large in size, high power required to operate, high temperature gradients

8. (SLS) Selective Laser Sintering

Pros: Quick production, cost-effective production, minimal restrictions

Cons: Rough surface finish

An important thing to note about owning a 3D printer is that although it can help expand and increase profits, they often have a hefty price tag to purchase upfront. Also, 3D printing technology is constantly changing, which can leave a business owner with out-of-date equipment. As a small business owner who may not have the capital upfront, wants to utilize the latest 3D printing technology, or wants to receive tax benefits on equipment, consider other options than simply buying.

At American Capital Group, we provide innovative financing solutions to help your company’s equipment needs. With our 90-Day deferral program, your business can start utilizing and make money off the latest 3D printer today, and not have to make its first full payment until 3 months later.

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

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.

Want To Start A Video Production Company? Here’s The Equipment You Will Need.

Wed, 28 Feb 2018 15:58:40 +0000

Lights…. Camera… And More Even Equipment?

Starting a video production company doesn’t have to feel overwhelming. While the start-up costs for this industry may seem discouraging, in reality you do not need as much capital upfront as you would think.

Bottom line, whether your business is catered towards a particular market or individual clients, here is the basic equipment that your company will need to get started:

Camera
Computers
Studio
Stabilizers
Lighting
Microphones
Lenses
External Hard Drives

From here, you can decide depending on your business what additional equipment you need. A challenge that many aspiring entrepreneurs in this industry face is while focusing on executing their vision, they often lose sight on the numbers. Writing a business plan, defining a budget early on, and forecasting can help your business stay on top of its costs. Although owning the latest camera equipment is certainly attractive, evaluate if your company can truly afford it.

Create long and short-terms goals that rely on customer growth and increased profits in order to upgrade your tools. Also, evaluate whether owning your equipment is a cost-effective idea for your business, since the technology in this industry is often changing and improving. Consider the advantages of utilizing the latest video production equipment, and how it can make your business stand out among its competitors.

Don’t let the hassle of owning out-of-date equipment get in the way of your creative vision. Think smart about your equipment needs, and consider options such as financing and leasing your equipment instead of buying.

At American Capital Group, for 25 years we have provided innovative financing solutions from startups to decades-old businesses. Utilize our 90-day-deferral program, Fastrack, Equipment Line, and Equipment Now programs, with the confidence that you are getting the lowest payment in the market.

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 video production company needs to execute its story.

5 Mistakes To Avoid For Your Business To Succeed

Wed, 14 Feb 2018 16:51:23 +0000

1. Not Defining Your Competitive Advantage

What makes your business unique?

How do you stand out among your competitors?

What are you doing differently than everyone else?

These are the questions that every small business should ask itself and know the answer to. Whether it be offering a unique product, utilizing competitive customer service, or working in a niche market, know what makes your company unique. If your business does not have a differentiating characteristic, adopt one, or else your company will likely fade among its competition.

5 Small Changes To Save Your Business Money Today

Wed, 07 Feb 2018 18:12:28 +0000

1. Think & Save Green For Your Company

Yes, you can actually do good and make your wallet feel good too. Some things that help cut costs include:

Turning off computers after-hours.
Switching to LED or CFL light bulbs.
Consider replacing current irrigation system with smart irrigation technology
(which could potentially cut your water bill up to 30%).
Switching to solar power.

Installing new technology, such as solar paneling, can help your business not only save money, but market itself to be green and sustainable. If your business does not have the capital to buy this equipment upfront, consider financing or leasing.

Equipment Financing: Finding The Best Deal For Your Business

Wed, 31 Jan 2018 21:25:15 +0000

Equipment financing can be a vital component to help your company expand. It gives a business owner the opportunity to obtain equipment that can generate revenue and make minimal payments over a period of time. Rather than just simply purchasing new equipment outright, financing provides a viable alternative, along with helping you get your equipment faster.

So now that you are thinking about financing equipment for your company, how does it all work? There are different options to get capital, such as going through a bank, broker, etc. Yet navigating through these options can be confusing, filled with lengthy paperwork, and are scattered with hidden fees. As a business owner, your time is valuable, so why complicate the process? At American Capital Group, your company can get the financing it needs in minutes, in as easy as four simple steps.

Everything You Need To Know About the New 2018 Section 179 Tax Deduction & How You Can Actually Benefit From It

Wed, 24 Jan 2018 23:45:46 +0000

Want to deduct the purchase price of that piece of equipment or software you purchased this year? Well now you can!

This new IRS tax code means that if your piece of equipment or software financed during the tax year qualifies, you can deduct the complete purchase price off your gross income.

Components of Section 179 Deduction:

Total deduction limit for assets is $1,000,000 (a $500,000 increase from 2017).
Equipment/ asset (new or used condition) that was financed, purchased, or leased during the tax year 2018 qualifies for this deduction.

Are you Maximizing your Tax Savings for 2017?

Thu, 16 Nov 2017 18:49:28 +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.”

The Little Red Dog – Charity Spotlight

Wed, 30 Aug 2017 23:03:05 +0000

We had some surprise, hairy visitors join us in our Laguna Hills office this past Monday. This is because our most recent charity of choice was a local dog rescue, The Little Red Dog. We were lucky enough to meet some of their puppies currently up for adoption including Ronald and Molly – both precious American Staffordshire Terrier/lab mixes. If only they could join us at all of our meetings!

Orange County Ronald McDonald House – 2017

Thu, 11 May 2017 17:53:38 +0000

At American Capital Group, we pride ourselves in not only serving our customers but our community. Giving wholeheartedly is one of our foundations and we make it a point to get involved throughout the year. One evening in May, we gave our time to the Ronald McDonald House of Orange County. ACG provided a delicious barbecue dinner with salad, corn, rosemary potatoes, Italian sausages, and BBQ chicken. At the Orange County location, up to 20 families can stay at the house; providing a warm meal for them helps after they’ve spent long days at the hospital.

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

What is Section 179?

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:

Get Ready for the Olympics

Tue, 09 Aug 2016 22:55:52 +0000

The 2016 Olympic Games have kicked off in Rio de Janeiro, Brazil with the opening ceremonies on August 5th. Competition is in full force — the first gold medal went to Ginny Thrasher of Team USA for her precision in air rifling.

It is amazing to see the world’s greatest athletes on the biggest stage for their sport. Lots of hard work, determination, and commitment went into preparing for the competition.

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!

Chanje Movement – Bedjina

Tue, 21 Jun 2016 16:43:15 +0000

ACG is proud to be a company that gives back to the community. We have partnered with the CHANJE Movement to provide shelter, food, education, and medical care to impoverished kids in Haiti.

Today, we were able to sponsor a child so that they receive full care for an entire year. Bedjina Nere, a resident at the Chanje shelter, will receive the necessities and an education because of the support provided by ACG.

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.

Celebrating 20 Years Of Business

Tue, 08 Dec 2015 16:02:02 +0000

In 2015, American Capital Group celebrated our 20th anniversary. We have had the true pleasure of helping our customers grow their businesses for 20 years. American Capital Group strongly believes in our mission statement, which includes enhancing the lives of our customers, employees and community. With the support of our valued customers, we hope to continue to follow that mission for many more years to come.

Wishing Our Customers A Happy Thanksgiving

Wed, 25 Nov 2015 17:42:24 +0000

American Capital Group would like to wish our customers and their families a safe and happy Thanksgiving. We are extremely thankful for each and every one of our customers over the past 20 years. Our greatest joy is helping our customers’ businesses grow. Continue reading to learn more about how we were able to do that this past year:

“Customer for life.” -Justin Clark, CF Cutting

“Jim was very helpful from the first phone call to the final paperwork. He is excellent and very knowledgeable.” -Dorris Primm, The Print Factory

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!

American Capital Group Customer Reviews

Mon, 22 Jun 2015 23:08:42 +0000

Part of our mission at ACG is to enhance the lives of our customers, and it is our top priority to deliver a positive customer experience! Here is how some of our customers described financing equipment with American Capital Group:

“Professional! Delivered as promised!” -Howard Makler, Howie’s Game Shack

“Easy to do business with!” -Gary Treiber, Alpha Graphics

“Very pleasing– everything went smoothly.” -Carol Kleemeier, Universal Laboratories

“Everyone was really professional and helpful in getting the process completed.” -Troy Wallace, Pristine Med Spa

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.

Get The Most From Your Tradeshow Experience

Mon, 18 May 2015 17:27:04 +0000

Trade shows are excellent ways to learn about advances in your field, meet new industry contacts, and shop for equipment! If you’ll be heading to a trade show this year, here are some tips for making the most of your experience.

1. Plan ahead: Schedule the seminars you’d most like to attend, and identify who you want to meet. Experts recommend reaching out to potential contacts before the show. The more you plan ahead, the better prepared you’ll be come show time.

Three Steps To Protect Your Credit

Mon, 11 May 2015 15:14:57 +0000

This year, 15 million Americans will be victims of identity theft. Protecting your credit from fraud may seem like a daunting task, but with these three simple precautions you have peace of mind knowing your credit is secure.

Check your credit quarterly. Federal law guarantees you a free annual credit report from each of the three major agencies. Rotate between each of your credit reports quarterly to check for discrepancies.
Be aware of inquiries. Each time a potential lender checks your credit worthiness, you’re left with an inquiry on your report which can appear for seven years! When providing your social security number on credit applications, ask the lender if they can use a “soft pull” which will not appear on your credit report.
Sign up for credit alerts. You can subscribe to a credit monitoring service which will alert you of changes on your credit report and provide additional reporting not included in annual free credit reports.

Carefully monitoring your credit will help to save you time (and money!) down the road, especially if you plan on making a large purchase in the future. Also, your credit history tends to matter more than your credit score, so ensuring that inquiries are at a minimum and that you’re overall borrowing behavior is reliable is important. Good credit on your end will also allow companies like American Capital Group to lend you more money at a lower price. See how low you can get with our *Lowest Payment, Guaranteed, or get a quick quote for your business here.

Small Businesses Report Growth In 2015

Mon, 27 Apr 2015 15:56:11 +0000

Last year accounting software company Xero, reported significant growth from small businesses in 2014. 81% of the 304 businesses they surveyed reported revenue growth, with 22% seeing their gains double. Last year’s success has led to increased optimism for this year: 90% of small businesses surveyed forecast a revenue increase.

Small businesses don’t just expect to grow in revenue, 51% plan to hire new staff in 2015. This trend has already been prominent, with a large surge in small business hiring this February. Small business is responsible for most of the country’s job creation. In January of this year, companies of less than 500 employees were responsible for 81% of the new private-sector jobs created.

ACG Partners With Mercy House

Mon, 30 Mar 2015 15:07:16 +0000

Part of our mission statement is to enhance the lives of members of our community, which we were able to live out this month through our partnership with the Mercy House armory. Mercy House is a local organization dedicated to serving individuals impacted by homelessness. In addition to helping individuals access stable, permanent housing, they provide emergency shelter services at their two armory locations. Last year, Mercy House provided emergency shelter for over 4,000 people who otherwise would not have had a place to sleep.

Nine Types Of Dump Trucks Explained

Tue, 15 Jul 2014 18:00:15 +0000

If you’re looking to add a dump truck to your fleet, you’ve come to the right place! American Capital Group can provide financing for your next new or used dump truck. But what kind of dump truck is right for you? Below we briefly explain 9 types of dump trucks:

Standard dump truck– What you think of when you think dump truck, if it were an ice cream flavor it would be good-old vanilla.

How To Prepare For The Busy Summer Months

Mon, 12 May 2014 15:53:29 +0000

With Summer right around the corner, you might see a sudden increase in your business as your customer base finally begins to thaw. Make sure that you’re prepared for the busy Summer months ahead by assessing all of the equipment in your fleet.

If you need to replace, upgrade, or add on to existing equipment, finance your new pieces through American Capital Group. We can help you save your cash reserves by providing financing, even for used equipment!

Why Most Small Businesses Choose To Finance

Tue, 15 Apr 2014 17:37:37 +0000

With a recovering economic climate, many maintain an optimistic outlook for the future. Most business owners agree that their business is worth much more than it was five years ago, and 58% of all American small business owners are looking to make capital improvements this year.

If you haven’t considered financing equipment for your business, you’re actually one of the few. According to the Equipment Leasing and Finance Association, 72% of businesses in the United States use some form of financing when acquiring new equipment.

Upcoming Tradeshows- February/March 2014

Wed, 19 Feb 2014 15:45:28 +0000

If you want to discover the latest technology, network with other professionals in your industry, or acquire knowledge you probably will be attending a tradeshow in the near future. Here’s our picks for the best upcoming tradeshows:

Aero Def- The AeroDef Manufacturing expo and summit will be in Long Beach, CA February 25-27. This tradeshow is unique because it is specific to those in the field of aerospace and defense manufacturing.

The Rental Show

Mon, 03 Feb 2014 15:44:42 +0000

Next week, February 9th through 12th is the American Rental Association’s annual tradeshow and conference: The Rental Show. This year there will be over 600 vendors, with 170 of them offering “show-only” promotions, meaning that you could save big on any party rental stock, tools, or industrial equipment that you’re looking to purchase.

For the past four years The Rental Show has had attendance growth, with a record number of businesses represented in 2013. According to Trade Show Executive Magazine, it is one of the fastest growing tradeshows in regards to total attendance, number of exhibitors, and net square feet of exhibit space.

Medical Waste Treatment

Tue, 28 Jan 2014 15:33:53 +0000

One aspect of Waste Management that is expected to expand is medical waste disposal. The increase in hospital business and home medical care is also leading to an increase in medical waste. Despite the increase in demand, the amount of treatment facilities is still low because in most states medical waste can only be disposed of at certain facilities with proper equipment.

That’s where you come in. You can outfit your business to handle medical waste, and position yourself in a niche industry with high growth potential. Although restrictions vary from state to state, some necessary equipment may include a radioactivity detector, autoclave, or a special medical waste incinerator.

Rebuilding The Construction Industry

Mon, 18 Nov 2013 18:02:22 +0000

The construction industry is beginning to make its long awaited comeback, but is this long term growth or is it simply a bubble?

Those in the insurance business, whose job it is to assess risk, are optimistic that the construction industry will continue to grow but not to the heights of its former glory. However, residential construction is seeing steady growth, as well as habitational. According to the US Commerce Department, private residential spending has risen to an annual rate of $334.58 billion, its highest level since 2008.

Take Advantage Of Section 179

Mon, 11 Nov 2013 16:30:08 +0000

With the end of the year fast approaching, so is the deadline to take advantage of Section 179. Section 179 of the IRS Tax Code allows a business to deduct the full purchase price of financed or leased equipment. In many cases the amount of this deduction may be more than the cost of the year’s payment on the equipment, making it possible to profit off your equipment lease.

If you’re looking to save big on your taxes by adding new equipment to your business, you’ll have to act fast. Section 179 only applies to equipment purchased and put into use in 2013.

How to Improve Your Credit Rating

Wed, 02 Jan 2013 16:51:55 +0000

How to Improve your Credit Rating

Credit ratings are important because it helps financial institutions, like ACG, determine the risk borrowers pose to them. Unforeseen circumstances and the financial hardships we have witnessed during the Recession can be fixed. Many businesses have been declined or are experiencing high payments from their financial institutions. This can be changed! You can improve your credit rating, save yourself money and open your path to new financial opportunities, by taking initiative right now. Our financial experts strongly suggest following these guidelines. They will benefit you in getting the most for your hard work and effort in any and every financial credit situation.

ACG Anywhere, Anytime

Wed, 05 Sep 2012 15:45:17 +0000

American Capital Group is proud to announce the official launch of their mobile website! With the new mobile site, you can easily click away and see the many options they have to offer. ACG is always striving to make sure that they offer their customers the best in the business, and their mobile site is no different. It is user friendly and just as informational as their full site. It displays the many different programs that they offer and also lets you get a free quick quote or contact them with a simple one-click.

Why Make Food When You Can Print It Instead?

Tue, 21 Aug 2012 09:00:31 +0000

Many people in the restaurant business may find it difficult to entice their customers with just the descriptions on their menu. Imagine trying a new restaurant and wondering if their food is any good. You are seated and are given words on a page and small pictures of what some of the signature dishes may or may not come out to look like. There are not many options to provide you real excitement and curiosity to try a new treat. Even more so, many customers complain that their food looks nothing like the picture, or that the portion size is dainty compared to what they expect. What if there was a way to mend all these issues with one simple solution.

Leasing vs. Buying

Wed, 08 Aug 2012 10:30:53 +0000

Lease vs. Buy

Buying out equipment has always seemed like the easiest and cheapest way to own equipment, however with new and improved competitive programs and rates, leasing is now the most viable option. Leasing can bring to the table so much more than buying ever has. Here are just come of the few benefits that leasing delivers, that buying simply cannot:

Buying

Higher initial costs
Today’s technologies and innovations will leave you stuck with old and outdated equipment within just a year

Leasing

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.

Graph Expo 2012

Mon, 16 Jul 2012 16:00:07 +0000

From October 7-10 this year in Chicago Illinois, the Graph Expo will be presenting another year of expertise and endless innovation.

This is the only expo where all those in the printing and graph industry can learn about all of the latest and most innovative technology hands on. Be the first to know what the newest trends are and learn about what can take your business to greater heights.

Top executives come every year to learn and network in order to make the best purchasing decisions, and this the best place for all to get the full spectrum of equipment, products, and services from commercial printers, to transactional printers, book/publishing printers, to marking/creative printers, and beyond. There is no genre untouched by the graph expo and this is the place to make sure that you know exactly what you need to know at every step of the way from planning to delivery!

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.

The Time To Digitalize is Now

Tue, 03 Jul 2012 18:42:50 +0000

Many have been murmuring about the change that is imminent in the film industry; the move from film to digital. Such a change has many wondering how much technology will begin to transform the way we see movies, and even more so, it has filmmakers uneasy about the change that is being forced on them in many ways. As studios push for the change into digital, many top directors, such as Scorsese, are having to make the leap away from film and begin to embrace this new direction. Having to leave such a comfort zone and a place of knowledge and experience will be difficult to do, however with so many cameras now capable to fulfill their new digital needs, there seems to be hope.

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.

Greener Initiatives All Around!

Tue, 26 Jun 2012 12:00:29 +0000

With gas prices soaring higher and higher, many people are now turning to the latest and greatest car solutions; hybrid and plug in automobiles. Those that cannot continuously compete with the ever growing gas prices are opting out of the standard gas car and moving towards the eco friendly and gas efficient option. Not only does it help the wallets of those that are purchasing the environmentally friendly additions, but it also helps the ecosystem and environment as a whole; it’s a win-win.

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.

Giving Back

Tue, 19 Jun 2012 15:10:23 +0000

At American Capital Group we understand the importance that our community plays in our success and strength as a company. Our past at ACG has not always been so strong, but lately we can attest that the success we have been blessed with must be partially due to the help and charity we represent outside of our own office building. We believe that in order to receive, you must first be able to give.

Leasing and Financing – Other Side of the Face

Mon, 18 Jun 2012 02:35:15 +0000

As the younger generations want to rid themselves of the youthful time of acne and breakouts, and as the older generations want to uncover their youthful, glowing skin from within, dermatology and dermabrasion have become more and more popular and mainstream. There are many dermatologist offices that have been garnering a larger clientele, as well as many spas and salons that offer the same skin brightening and clearing opportunities at lower costs.

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.

Pack Expo International

Tue, 29 May 2012 21:13:23 +0000

Taking Place: October 28-31 – Chicago, Illinois, USA

If you are in the industry of machinery and methods for packaging and processing the Pack Expo is the place you want to take a moment to check out. With over 46,000 attendees from over 127 countries who themselves represent 40 vertical markets, and over 1,800 exhibitors covering 1.1 million square feet, there is no shortage of knowledge, expertise, and equipment.

Last year’s Expo in Las Vegas proved to be such a success, that this year’s Expo, taking place in Chicago, is one that all believe will set the bar even higher than ever before.

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.

Solar Power Changing the Course

Wed, 23 May 2012 03:30:12 +0000

It is always important to protect our environment and look for better ways to conserve energy, conserve resources, and keep costs low. Cars populate so much of the area that it is almost impossible to get around such a large issue. Although this issue in itself seems daunting, there are small steps that are definitely being taken in order to move onto the right course; the golf course that is.

IT Now – Success Now

Mon, 21 May 2012 01:15:51 +0000

IT equipment is one of the most important factors in anyone’s business. If you are trying to get your computers to run on a single server, if you want to update your website, or if you are simply trying to send a fax, there are many different techniques and technologies that can make or break the efficiency and productivity of it all.

If you are the IT manager or if you know the time it takes to set up an office and have a smoothly functioning business environment, you know how important it is to be able to have a majority of your business information on a virtual server. You also know how important is it to stay up to date on all hardware and software versions on a regular basis. Making sure that your IT equipment is up to date will increases office productivity because there is less down time to fix the flukes, and more time to get work done, as you will have a proper backup system and a proper IT network that supports all that you do!

Hospitality Design Expo Conference 2012

Thu, 17 May 2012 13:39:35 +0000

This year, from May 15th-17th, the Hospitality Design Expo is to be one of the most inspirational and creative expos in its genre. Having the ability to network, meet, or exhibit at such a premier event will be one the best ways to take ones’ success to the next level and beyond.

This year there will be over 900 exhibitors who will be displaying endless products and services, and there will also be fully accredited conference sessions that are surely not to miss. Not only this, but by being an attendee, one will have exclusive networking opportunities that will not be open to anyone else.

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.

Waste Expo Top Release – Eco-Friendly Trucks

Mon, 14 May 2012 02:45:51 +0000

With rising gas prices and huge dump trucks, there is an endless supply of money as well as pollution that goes into the industry of waste management. A reliable and resourceful new means is what is needed for the waste industry and luckily at this year’s Waste Expo a new line of natural gas dump trucks was released!

Mack’s Trucks released three new natural gas TerraPro models this week in Las Vegas, and it was not only a surprise but also one that was given a well round of applause. With one truck being a lower entry model to start, leading up to the two higher end models, this line is not only innovative, but also one of sure success.

How to Start Your Own Business – For Dummies. Part 3

Fri, 11 May 2012 15:11:56 +0000

7. Get a tax identification no. – Make sure your taxes are correct from the beginning!

In addition to individual personal taxes, now business taxes will need to be paid. Business taxes are dependent on the type of business your company is. The next step is to register with the IRS to receive a tax ID number for federal taxes.

*8.*Register for state and local taxes – Get the nitty gritty done early

How to Start Your Own Business – For Dummies. Part 2

Wed, 09 May 2012 12:21:37 +0000

Finance your business – Loans, venture capital, grants, and investors are your new best friends.

There are numerous loan programs out there for you to find. Make sure to check more than one banks and see the options and various promotions that may be going on in your area.

*5.*Determine the legalities – Decide what type of business you want to be.

Decide what type of business meets not only your company needs, but your needs, in terms of financials, resources, and possible partnerships. From LLCs, to corporations, to sole proprietorships, to partnerships, the options are not only wide but very different.

*6.*Registers your name – Make sure that your name reflects the business and that it is properly register red with your state government.

How to Start Your Own Business – For Dummies. Part 1

Tue, 08 May 2012 20:13:10 +0000

When it comes to forming a start up business, building a firm foundation is the first key step. In order to do so, you need to make certain that you synchronize your goals and needs in order to set up a business built to succeed.

We will give you the 10 helpful steps you need in order to help you exceed and put yourself ahead of the competition. We will break it down into parts to ensure that you get all the information you need and that you understand what lies ahead!

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.

Get Geared Up For This Year’s Truck Show – 2012

Thu, 03 May 2012 08:02:50 +0000

The Great American Trucking Show will be sure to take place at the Dallas Convention Center from August 23-25. This is the 14th annual show that brings together all you need if you are in the trucking industry.

There will be a variety of great events that will be taking place this year, like the Custom Rigs Pride, the Commercial Vehicle Outlook Conference, as well as educational seminars sponsored for TMTA themselves.

Green Gym Equipment

Wed, 02 May 2012 03:00:37 +0000

It is incredible how many of us want to always go to the gym and make sure we are in shape. It is also incredible to see how many individuals have taken a step to become greener and more environmentally conscious now more than ever before in today’s world. The fact that these two subjects are so widely shared and have now been fused together into one piece of equipment is something that is not only innovative and ahead of its time, but it is something to applaud and welcome with open arms!

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.

PTXi 2012

Mon, 30 Apr 2012 01:15:21 +0000

Process Technology for Industry International is gearing up for their annual show that is sponsored and supported by some of the leading contenders in the industry.

This year the Powder Show is going to be back again to deliver yet another year of innovation and technology as they themselves are the world’s leader for processing engineers, production engineers, plant managers, as well as operations managers. For these specializations ChemProcess, FoodProcess, PharmaProcess, and ProcessPack will also display the latest and greatest supply from their industry as they deliver a comprehensive and integrative range of finished products and solutions to essentially every need.

AATE 2012 – June 19 ~ 21

Fri, 27 Apr 2012 09:51:13 +0000

Taking Place: McCormick Place North – Chicago Illinois – June 19th-21st

The Assembly and Automation Technology Expo is sure to please this year! With state of the art technologies spanning from antistatic products, cleaning systems, custom automation, machine vision systems, among numerous others, there is no industry or interest that this expo will no cover.

There have been talks about who will be present this year, and they are very proud to announce that some of the many manufacturers that will be in attendance are Sensor Tec, Contract, Sustainability in Manufacturing, Design & Manufacturing Midwest, and MD&M Chicago.

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.

Waste Expo 2012 Las Vegas

Tue, 24 Apr 2012 21:58:11 +0000

It’s that time of year again!

This year from April 30th to May 2nd the annual Waste Exposition will be taking place in Las Vegas, Nevada. With over 550 already registered exhibiting companies, along with 40 conference sessions and workshops there is a lot to learn and gain from this expo.

Product showcases are aimed to please, as last years’ showcases displayed the newest innovation from the ranks of Volvo (construction), to PTR Baler & Compactor Co (balers), to Al-Jon Manufacturing (Al-Jon Machines). There will also be over 500 suppliers present to meet your every need in equipment so that you can get business done more effectively, as well as cost efficiently. Companies such as Durabac, Acme, Agility, Amerex, Machinex, and Al-Jon will be in attendance this year along with hundreds of others. A full list can be found here!

Trailers on the Move!

Fri, 20 Apr 2012 15:46:20 +0000

A recent survey has shown us that the trailer industry is growing more and more everyday! During the first quarter of 2012 in itself, there was an increase of freight shipments that have stirred up a demand for aptitude.

Private and government fleets in the U.S. are also increasing their demands as well as overall demands for freight orders overall.

With low levels of cancellations and rising backlogging, there is strength and growth that can be seen with the trailer and trucking industry.

National Hardware Show

Thu, 19 Apr 2012 17:01:25 +0000

From May 1-3 at the Las Vegas Convention Center, the National Hardware Show will be taking place! The show is a fantastic place to promote and network with a plethora of special events, exhibitors, attendees, special areas, as well as independent retailers.

Some of the many featured areas this year are going to be the ‘New Product World,’ where retailers will learn about the latest trends and products that cannot be displayed anywhere else, as well as the ‘Green Product World,’ where environmentally friendly products will be introduced and be the key to many solutions that business men and women seek today.

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.

OrthoTec 2012 – See Latest Products Accelerate Your Project

Tue, 17 Apr 2012 16:10:52 +0000

OrthoTec 2012 is the leading tradeshow for those in the Orthopaedic field. This year it is being held in Winona Lake (Warsaw), Indiana from June 6th-7th. This conference and exhibiton is one of a kind and a great way to network and get in on the industry’s resource for state of the art education and cutting edge technology that cannot be found anywhere else.

Some of the panels that will be included this year are new material technologies and applications, new technologies in surfaces, as well as new design tools and technologies. The exhibitors that are going to be at the conference range from laser processing, adhesives, CAD/CAM/CAE Softwares, to process systems and controls, testing inspection, implant machining, and manufacturing processes/production machinery.

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.

FIME 2012 – Largest International Medical Trade Show

Fri, 13 Apr 2012 16:00:12 +0000

This year the FIME Tradeshow will be held at the Miami Beach Convention Center from August 8-10. This tradeshow will be the largest and most comprehensive medical tradeshow in the world, and will bring together the largest medical manufacturers that any show has available. This is an opportunity to network and being attention to your own businesses as well.

This will bring medical equipment from every genre. From physician equipment, hospital equipment, surgery equipment, medical laboratory equipment, or any other medical supplies, FIME will be able to provide it to you with variety and diversity.

Recycling and Waste Management – More Important Than You May Believe

Thu, 12 Apr 2012 16:20:24 +0000

In todays every changing world, technology and equipment has become finite and heavily dependent on using resources right and left. Without regard to where these resources are coming from, people have not taken in account the fact that our resources and abilities are not ever lasting or infinite. We need to make sure that the equipment we use and the technology that we supply to our businesses are resourceful and can give back to our environment just as much as it takes from it.

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.

iPad – Changing the Way We Learn

Tue, 10 Apr 2012 10:45:26 +0000

In today’s age we are constantly moving forward and looking for bigger and better ways to innovate and go beyond the norm. When it comes to our younger generations, we do not want them to be complacent with the same ways of learning that we had 20 years ago. We want them to stay up to date with technology and be aware of our ever changing world and what it can offer. By doing this our future generations will surpuss our current standards and have the groundwork to become our future leaders of tomorrow, whether it be our future Bill Gates, Steve Jobs, or Richard Branson.

INTEROP – A Leading Expo to Present This May

Mon, 09 Apr 2012 10:23:11 +0000

This year from May 6th-10th at the Mandalay Bay in Las Vegas, the Interop conference will be held. This conference will be bringing together over 350 exhibitors who will bring together a wide range of products and interests.

If you register by April 9th you will be able to save $400 off on site pricing and will have the entire expo to your disposal; complete with the above listed featured areas, special interests, and even key note speakers from top executives from Avaya, VMware, and Cisco, amongst others.

NAB Trade Show

Thu, 05 Apr 2012 15:35:53 +0000

It’s that time of year again! This month, the annualNational Association of Broadcasters Tradeshow is taking place in Las Vegas, Nevada and is sure to please. This tradeshow is one of a kind, as it brings together the likes of +90,000 media and entertainment professionals from over 150 countries, along with +1,500 companies of the same nature. With immense press coverage and a repuatble name and community to boot, there is no telling how this year will top the rest.

Fitness Equipment-Lose the Weight, Save the Money

Wed, 04 Apr 2012 16:28:04 +0000

If you are looking for fitness equipment you first need to know what is really is that you are looking for. Having the most up to date and fully functioning equipment is a necessity, especially when running a gym. The important thing to make sure though, is that the dent being made is in the weight loss of your clients, and not your bank accounts.

If you want to be able to lease or finance fitness equipment do not give in to the pressures of fast cash purchases. Yes, you will then own the equipment right away; however you will also have put down all the money that could have been used for other investments and have gone the route that does not protect your credit as much as financing would have.

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.

This Week at American Capital Group…

Thu, 31 Mar 2011 17:43:42 +0000

There is not much that we here at American Capital Group love more than working with local businesses. Well perhaps working with local businesses AND eating great barbeque! It’s amazing how incredible the food tastes when it comes from the kitchen of a successful customer and even better when you know the proceeds are going to a noble cause.

The Beach Pit BBQ, with six locations throughout Orange County, is a recent customer of ours. American Capital Group is proud to have helped the owner, Tim DeCinces, over the last few years secure equipment leases for several locations. Providing access to capital is how we traditionally help our customers but when we heard about the Beach Pit BBQ’s latest charitable idea, ACG bit at the opportunity.

Why using a line of credit is bad for business

Thu, 31 Mar 2011 17:41:59 +0000

Since interest rates are extremely low, most business owners think putting equipment on a line of credit is a good idea….it’s simple to do and doesn’t appear to entail much risk. However, unless you have plans to pay off your line within the next few months this mindset can drastically affect your ability to expand.

Interest rates are forecasted to rise dramatically in the next few years due to the massive debt our government is in. When you tie up your line of credit you are taking a large gamble on either being able to pay back your line quickly or betting that interest rates won’t rise. A more prudent way to fund the growth of your business is to lock in as many fixed payments as possible over as long of a period as possible. Whether it be an equipment lease or loan make sure the payments are fixed to protect your business from rising interest rates. Save your line of credit for emergencies only ie. if your boiler goes out and you need a quick fix.

President Blog Post

Thu, 31 Mar 2011 17:28:57 +0000

Is the safer financial strategy to swim against the current or to turn around and float downstream?

Have you heard stories about how a Coke used to cost 5 cents? As anyone who has shopped for groceries, renewed their health insurance, or filled up their tank lately knows, inflation is back in a big way. How bad is inflation? That depends on if you trust the government’s Consumer Price Index more than the pain you feel in your own wallet.

Diversify Your Client Base or Else

Thu, 31 Mar 2011 17:27:40 +0000

Diversify your client base, or else…

Diversifying your client base can mean the difference between exceeding your monthly goals and falling short of your obligations. Whether it’s an up or down economy, you need to make sure that your client base is diversified. Why? You’ve heard the saying “Don’t put all your eggs in one basket”? If the basket falls…all the eggs break and that is exactly what can happen you put all of your stock in one client to continue coming back in order to make payroll and pay your monthly nut. Many businesses have one major client that makes up a large percentage of their monthly sales…the client is their life blood. What happens when that big client is unable to make a payment? The business that relies on them for the majority of their income gets behind on their bills and struggles to meet its other liabilities…creates a debt cycle that can easily spin out of control. Relying so heavily on a single client or product can easily compromise the future of your organization.

American Capital Group Blog

Maximize Your Tax Savings with Equipment Financing

Financing Equipment: A Smart Investment Strategy for Business Owners

Want better financing? 3 Ways to improve how you look financially.

Section 179 Tax Deduction

What is Section 179?

Guide to Buying Used Equipment

Before you start looking it is best to do a brief cost/benefit analysis.

Get feedback on different types of equipment.

Maximizing Financial Opportunities: Success Stories from Take the Summer Off Program

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

Maximize Your Tax Savings with Equipment Financing

Does your bank line of credit put your business at risk

Proactive measures to take when seeing instability in the banking industry

Why Financing Equipment Should Still Be Considered With Rising Rates

15 Tips to help you ensure your business is successful

Strategic Planning for 2023

Year End Financial Planning

Are you getting the most from your bank/funding partner relationship?

Get an Equipment Bank Loan or an Equipment Lease?

Thinking of selling your equipment? How to make sure you get top dollar in today’s market.

Section 179 Tax Deduction

What is Section 179?

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

Changes in the new and used vehicle market

Tips for Protecting Your Credit & Securing Better Financing

Understanding Your Balance Sheet Part Two – Debt to Equity Ratio

Understanding Your Balance Sheet Part One – Current Ratio

Don’t Fight the Fed

How to make sure your accountant is working for you

Don’t Bank On It

Building Wealth for Your Business Over Time

3 Ways to Handle Staffing Challenges

1. Hire New Employees.

4 Tips to Protecting Your Financial Health

Guide to Buying Used Equipment

Before you start looking it is best to do a brief cost/benefit analysis.

Consider This Before Paying Cash for Your Equipment

Section 179 vs Bonus Depreciation

6 Strategies To Help With 2021’s Unique Business Challenges

Bonus Depreciation

Section 179 Tax Benefits

A quick overview of Section 179

How Attending a Tradeshow Could Help Your Business

The Real Cost of Paying with Cash

Is it the Right Time to Invest in Equipment?

Business Resolutions: Plans to Start 2021 Strong

3 Things Your Outdated Equipment is Costing You

1. Time

Biggest Trials Businesses are Facing Today

How to Protect Your Credit During an Economic Downturn

How to Evaluate Your Equipment

Reopening Your Business: 5 Things You Must Have in Your Plan

Site Safety and Social Distancing

Ways to Build a Better Team for the Future

4 Things to Consider When Purchasing Used Equipment

New Ways to Think About Boosting Sales

How to Build a Pipeline During an Economic Downturn

6 Things You Need to Get Approved for Financing Right Now

How to Plan for Success after the Coronavirus Pandemic Subsides

How to Keep Engaged with Your Customers During Uncertain Times

For the Community

ACG’s Response to COVID-19

How Small to Midsize Businesses Can Plan to Survive a Recession

5 Ways Your Business Can Access More Money

5 Ways Your Business Can Access More Money

Bank Lines of Credit

Are You at Risk if Your Bank is Under Stress?

Are You at Risk if Your Bank is Under Stress?

WestPack Anaheim 2020

WestPack Anaheim 2020

3 Common Problems That Cause Start Ups to Fail

1. Lack of Planning

2. Failing to Adapt

If you want to learn strategies about staying ahead of your competitors, read this blog. The key takeaway? Make sure your business has at least one factor that differentiates itself in your market, or else your company will likely fade among its competition.

3. Not Enough Financing

The idea of a lease or additional debt may seem intimidating as a small business owner. Navigating your way through the financial world and deceptive broker fees can feel overwhelming.

Meet with your accountant to discuss all different methods of financing, and consider the benefits of working with a direct lender.

Discover the simplicity of receiving fast financing for the equipment you need by clicking here.

Top 3 Ways to Build Your Credit