The construction industry in the United States has been experiencing a ten year boom. The Bureau of Labor Statistics tells us that non-residential construction has risen by 4.3% just since September of 2016. New buildings are going up all over our country, and the demand for new construction is nearly [...]
The ever accelerating pace of technology is changing business in every industry in every country around the world. Advances in computer processing power, software complexities, internet capabilities and telecommunications are finding new and expanding use in every sector of the economy; whether it’s automated tellers, computerized loan applications, wild new [...]
Staying on top of your industry in the modern world can be like trying to ride a bucking bull. Business in the 21st century comes with wild new changes in available technologies, the advent of powerful new software, and plenty of new avenues for growth. Who can afford to take [...]
KLC Financial is proud to congratulate Lesley Farmer as 2017 honoree of the Top Women in Finance Award. Thank you for your outstanding service to KLC Financial and the Minnesota community. We are proud to have you as a leader on our team. Congratulations on a well-deserved recognition! Lesley Farmer – [...]
The affordability of equipment, technology, and other hard assets can make or break a company’s growth. This is why leasing and operating lesases are so appealing to many businesses – acquiring these necessary items with a manageable monthly payment. Why then do established businesses with large cash reserves choose to [...]
If you are in the business of selling machinery, large equipment, or expensive technologies to businesses, you know that conducting an all-cash transaction is a tough sell. Not only businesses have limited capital available to invest in equipment or technology, many of them do not want to go through the [...]
Marc Keepman, Chairman and CEO, Spencer Thomas, President, and Jena Morgan, Marketing and Portfolio Manager of KLC Financial, participated in a fantastic webinar hosted by the Community Venture Network (CVN) earlier this week. There was a great turn out of CVN members for the BR&E webinar. Marc Keepman led [...]
Summer has arrived, and the team at KLC Financial is making big plans to support local events and organizations through sponsorship and participation over the next few months. The list of events will continue to grow, but here are three big events KLC Financial would love to see you [...]
When you have big dreams for a small business, there are many things you must consider. The first hurdle most entrepreneurs need to fly over is that of funding. For most startups, financing is going to come from multiple angles. The majority of people don’t have the cash in hand [...]