How to Choose the Best Equipment Financing Partner for Your Business
Why the Right Equipment Financing Partner Matters For small and mid-sized business (SMB) owners, choosing an equipment financing partner isn’t just about securing funding—it’s about setting your business up for long-term success. The right lender can help you acquire the tools you need to grow,…
Important Factors Leaders Look at for Equipment Financing
The Challenge of Credit Scores & Equipment Financing Imagine this: You run a small construction business, and your biggest excavator just broke down. Without it, your projects are delayed, and customers are getting frustrated. You know you need a replacement fast, but there’s a problem—you…
Understanding the Hidden Costs of Equipment Ownership
The Costly Misconception of Buying Equipment For many small and mid-sized business (SMB) owners, buying equipment outright seems like the most logical and financially responsible choice. After all, isn’t owning equipment better than paying ongoing financing costs? The truth is, the upfront price tag is…
Why Speed Matters: How Fast Approvals Can Give Your Business an Edge
Time is Money—And Speed is Power In today’s fast-paced business world, speed is everything. The ability to move quickly, make decisions in real-time, and capitalize on fleeting opportunities can be the difference between thriving and merely surviving. Nowhere is this more apparent than in securing…
New Year Budget Planning: Leveraging Financing to Achieve Your Growth Goals
At the start of every year, 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…
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…