DiscoverThe Smarter Business Finance Podcast
The Smarter Business Finance Podcast
Claim Ownership

The Smarter Business Finance Podcast

Author: Rob Misheloff

Subscribed: 28Played: 101
Share

Description

Learn how to finance a small business without getting scammed.
From small business loans to equipment leasing... we'll show you:
* Different ways get get startup business loans
* Actual costs to finance your business
* Avoiding charlatans
* Lots more :)
Listen to learn the real truths (and dirty secrets) of small business lending.
48 Episodes
Reverse
As mentioned in the episode, here is a link to Lemon Squad:https://lemonsquad.com/
Please welcome two equipment finance experts, Jenn and Bobby.They're here to explain how startups can acquire the necessary equipment they need to operate and grow their businesses. Jenn and Bobby have extensive experience in the finance industry and have helped numerous startups overcome the challenges of equipment financing. In this episode, they will share their knowledge and insights on the different types of equipment financing options available to startups, the pros and cons of each option, and tips for how to navigate the process successfully. So, whether you are a startup founder or just interested in learning more about equipment finance, stay tuned for an informative and engaging conversation.
Here is a link to Simon Sinek's Ted Talk and here's his famous book.
Now, I know what you're thinking - "equipment financing? Sounds boring!" But hold on to your calculators, folks, because this episode is going to be anything but dull. We're going to be diving deep into the world of equipment financing, exploring all the pitfalls, roadblocks, and deal killers that can bring your business to a screeching halt.From unexpected fees to hidden clauses, there are plenty of things that can go wrong when it comes to equipment financing. But fear not - we've got a crack team of experts on hand to guide you through the minefield of finance. Together, we'll explore the ins and outs of equipment financing, from lease agreements to loan terms. We'll uncover the hidden costs and fees that can turn a good deal sour, and we'll show you how to spot the warning signs of a deal that's too good to be true.So whether you're a business owner looking to finance a new piece of equipment, or a finance professional trying to navigate the tricky waters of equipment financing, this episode is for you. Join us as we explore the world of deal killers in equipment financing - it's going to be one wild ride!
Here is the article discussed in the show regarding $22/ hour for fast food workers in California:https://abc7.com/california-minimum-wage-increase-fast-food-industry-restaurants/12595521/#:~:text=California%20fast%2Dfood%20businesses%20prepare%20for%20minimum%20wage%20increase%20in%202023,-ByCarlos%20Granda&text=With%20California's%20minimum%20wage%20set,is%20bracing%20for%20possible%20changes. Here is a link to the job description:https://www.smarterfinanceusa.com/equipment-finance-sales-job To apply, send your resume to jobs@smarterfinanceusa.com
Did you know... ...there are dozens of programs available to finance your first truck? It's funny though - many of you call around and get told loans aren't made to new business owners.  If that was true you wouldn't see any trucks, ever.  We'll show you: * 5 of the best programs that exist for first truck buyers * What it takes to qualify * What the costs are
You may be wondering if you should finance business equipment or pay cash. All too often, we come across folks that ran out of money because they tried to buy equipment with their float.  Sometimes paying cash is a good idea... and sometimes it isn't.   
We're hiring! Looking for 2 more salespeople for the office in Mission Viejo, CA. Listen to the show for details. 
The process of applying for a Small Business Administration (SBA) loan can be overwhelming and confusing.  Priyanka helps explain: SBA Loan Rates How to Qualify for SBA loans Who is likely to be approved Listen now for great advice from Priyanka Prakash of Fit Small Business
If you're shopping for an equipment lease or financing deal... you may be offered "quarterly payments." Careful... you may be about to get tooled up.  We're going to show you the sneaky way snake oil salesman make leases look way cheaper than they usually are and book you for payments you hadn't planned on.  We also answer a question about whether low interest rates are available for startup truckers with good credit.     
Interview with Mae Philpott of Maxim Commercial Capital.  We discuss: How businesses who wouldn't otherwise qualify for equipment financing can be approved using collateral... ...using collateral to qualify for longer term working capital loans... Rates, terms, and qualifications for asset backed lending
When you investigate equipment leasing & financing you may often hear the words "direct lender" used.  We go over: When using a direct lender is better... and when it isn't.  Are rates better using a direct lender? Also, the best emails received at Smarter Finance USA in the past week will have you giggling :) 
Interview with Craig Colling about choosing a financing partner.  We discuss:   * How to shop for equipment financing * Avoiding scams   Much more... 
loading
Comments