New Year Budget Planning: Leveraging Financing to Achieve Your Growth Goals
As the new year approaches, businesses are diving into budget planning to prepare for the opportunities and potential challenges ahead. Strategic financing is a key part of this process, offering a way to align financial resources with growth objectives while maintaining cash flow. It’s not…
Everything You Need to Know About IRS Section 179 Tax Benefits and Equipment Financing
If you’re a business owner considering new equipment purchases, you’ve likely heard about IRS Section 179. It’s a powerful tax incentive that allows you to deduct the full purchase price of qualifying equipment, helping you save on your taxes while investing in your business. When…
Overcoming Objections to Financing: A Guide for Vendors
As a vendor sales rep, you play a vital role in addressing your customers’ financing concerns and objections. With FPG as your partner, you can confidently guide customers through the financing process, ensuring they feel informed and supported every step of the way. Here’s how…
Drive More Sales with These Tips for Promoting Vendor Financing
As an equipment manufacturer, promoting financing options effectively can significantly enhance your sales strategy. Here are some ways our partners promote their financing options to potential buyers: Communicate Benefits First, it’s essential to clearly communicate the benefits of financing to your customers. Many businesses might…
Balancing Seasonal Cash Flow with Deferred Payment Programs
Running a business means navigating through periods of fluctuating demand. Whether it’s the peak of a busy season or the lull of a slower period, managing cash flow and maintaining operational efficiency can be challenging. One effective financial tool that can provide significant relief during…
The Role of Financing for Equipment Vendors
Maximizing profit is essential for success for all business types, especially equipment manufacturers and vendors. While traditional strategies focus on cutting costs and increasing sales, forward-thinking vendors are turning to customer financing solutions. By teaming up with a lending partner and offering their customers financing…
Working Capital Loans vs. Lines of Credit: Choosing the Best Option for Your Business
When it comes to managing cash flow and meeting short-term financial needs, businesses often turn to working capital loans and lines of credit as viable solutions. However, understanding the differences between these two financing options and determining which one is best suited for your business…
Leveraging Equipment Financing in Times of Economic Uncertainty
During periods of economic instability, financial resilience is crucial for small businesses seeking to weather the storm. One powerful tool that businesses can utilize during these times is equipment financing. Equipment financing can serve as a safeguard for businesses, providing them with the peace of mind…
Riding the Wave: How Technology Trends are Shaping the Future of Equipment Financing
Technology is an integral part of our lives. It transforms the way we do things at home and is quickly driving innovation within traditional business models. The financing industry is no exception to this trend as tech advancements change the way businesses access capital and…