Minneapolis, MN — June 24, 2024 — KLC Financial, a leading provider of equipment financing solutions, is proud to announce its recognition as one of the Minneapolis Star Tribune’s Top Workplaces in 2024. The Minnetonka based company also received two additional Top Workplace Special Awards: the “Employee Appreciation” award and [...]
KLC Financial Announces the Hiring of New Team Members KLC Financial is pleased to announce many new additions to their team. The growth in personnel reflects KLC Financials’ commitment to enhancing its service offerings and furthers solidifying its position in the industry. With their diverse experiences and expertise, KLC [...]
KLC Financial is excited to announce the addition of five new team members to our growing family. With their diverse experiences and expertise, we are confident that these new hires will bring a fresh perspective and help us achieve our goals in 2023 and beyond. Lori Gulbranson, Staff Accountant – [...]
KLC Financial is extremely happy to announce the hiring of Brett Sorensen as Vice President of Sales & Marketing, the promotion of Gyles Uhlenhopp into program development, the promotion of Nicole Van Keulen into business development, and the hiring of Leah Kutsch as a Credit Analyst. Sorensen joins the organization [...]
Gulf Coast Bank & Trust Company acquired the assets of KLC Financial, Inc and KLC Capital Partners, LLC (together “KLC”) and is continuing KLC’s success as KLC Financial, LLC, a subsidiary of Gulf Coast. Founded in 1987 and located in Minnetonka, Minnesota, KLC provides specialized lease solutions for vendors and [...]
Navigating your own personal financial world is a tough task. Not to mention keeping your business’s finances in order being an exponentially more complicated endeavor. What about the changing financial world around you and your business? When the federal government changes its approach, it affects many different aspects of overall [...]
In conjunction with having accurate and detailed personal financial statements, a lot goes into the decision to provide financing to a potential client. Oftentimes, your business is doing the right things to be successful in your industry, but one or two things can hold you back from getting the financing [...]
The thought of ownership may seem attractive but depending on your situation, it may serve your bottom line better if you can resist that urge and lease the equipment you need instead. Leasing equipment instead of purchasing it can free up capital which can then be used in other [...]
Recently Spencer Thomas joined Shawn Gardner to discuss “Alternative lending sources when the bank says no.” The article covered the pros and cons of asset based lending, accounts receivable lending, and lease financing. The Vice President of SPECTRUM Commercial Services talked about asset based and accounts receivable lending, while our [...]