The Smarter Business Finance Podcast

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.   

So... we uploaded the wrong format to Itunes! Sorry about that. 

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... 

We interview John Echols with Steelhead Finance about factoring your company's invoices.  Learn: (1) What invoice factoring costs (2) How to qualify for truck factoring (3) Avoiding the most common AR factoring scams

You're in the construction business.  and... you need money.  Banks don't like lending to contractors though? How can you lease equipment or get a loan if you're in the construction trades?      

  One challenge for both brokers and customers is getting an equipment lease done with bad credit.  We talk to Rob Childers at Black River Business Capital about strategies in both getting approved and determining whether high rates or payments make sense for your business. 

We don't suggest short term business loans very often. That's because the rates and payments are often too high to make good business sense for our customers. Sometimes, however, a short term loan can be the best option, and it's important in those cases to work with an honest company.   We talk to Sherif Hassan, the CEO of Herio Capital about one of the better short term options in the marketplace.  

  Some small business loan companies will try to get you into the loans that generate the most commission for them - regardless of your situation.   The impact on small business owners isn't small - some of these products can bankrupt you.  We'll show you the pitfalls to look out for - including other products to consider when you are being offered high-rate short-term products.     

We talk about the costs, payments, and scams out there when you look into financing a mobile food business. 

Why is there so much misinformation about loans for a small business?  Business lending scams abound and we're going to arm you with the information you need to shop for business financing.  From equipment leasing to working capital... we're giving you an inside look at how to successfully access capital for your business.