Business Finance MN

Growing companies have diverse needs to help them realize their goals; whether it’s an espresso machine, a new conference table or additional office space.  Creating a custom and creative financial solutions for our clients allows them to grow and succeed.

As a fully independent finance company, KLC has been able to establish itself as a leader in the company finance market across the country, while headquartered in Minneapolis. KLC has proven itself with lease and financing options around $35 million annually, just by providing great customer service and maintaining long-term relationships with clients.

Refinancing A Business

Business can easily get complicated when you have large equipment and assets involved.  By refinancing all of the business’ bills into one, lower monthly payment plan, the company can save money and simplify finances.  KLC Financial designs solutions that can take all assets into account to help launch a business forward.  This can free up cash flow, allowing for future company growth.

Example – Metal Recycling Processor: $140,000 refinancing. Refinanced two excavators and cutting shears attachments providing cash out to pay for major repairs on one of the excavators and a lease residual buy out of the other excavator. New financing was at a significantly lower monthly payment than previous financing, which freed up valuable cash flow enabling the client to expand his business.

Financing Business

Getting a business on their feet and making a profit is a huge part of what KLC is here for.  A bit of help to get new equipment; which will establish diversity and will assist in growth, as well as making a business owner a success.  With varying amounts of finances and terms, there are plenty of custom and flexible options for a business to get the working capital they need to make the next steps towards profitability.

Example – A Water Services Company: Five year-old company owned by two brothers. They had been hit hard by the housing crash and were coming out of being at “rock bottom”. KLC Financial was able to secured two drilling rigs and a bobcat that they owned free and clear and get them the working capital that they needed to get the company back to profitable. We financed $95K for five years with 70% LTV, company with historic losses and great personal credits.

Financial Leasing Services

Both start-up and established businesses are in need of new or updated equipment, as well as additional office space from time to time.  Utilizing KLC’s financial leasing services can boost growth in your company by providing you with the funds to make necessary changes.  Offering leasing solutions for both new and used equipment, a business can find affordable and flexible leasing terms to jump-start a new chapter for the company.

Example – Medical Bio-Tech Company: Start -up, growth stage bio-tech company with a $300,000 lease line. KLC Financial provided an equipment and built out lease line of credit enabling the lessee to continue to grow and start production. The business was able expand their office and build out a new clean room production area. Our financing included the purchase of new and used testing, clean room and production equipment.

Business Loans

It is easy to max-out your bank loan capacity with the purchase of new real estate, with the idea of adding a new business location.  When it comes to fully preparing that new space, there are funds needed to equip the business for opening.  KLC offers business loans with a variety of terms and financing solutions.

Example – Flower Shop: The business was a two-location flower/gift shop that was looking to add a third location in a very desired neighborhood. The transaction was for $30K for the shelving, refrigerator/cooler unit, furniture—36 month term, 100% Financing.

Example – Day Care & Learning Center: The twenty-four hour daycare facility had just moved into a new location, and their bank was at capacity with them due to the new real estate purchase. We funded $75,000 for a playground system, 60 months, 100% financing.

« Back