KLC FINANCIAL RESTRUCTURES $1.8MM FOR A LOCAL MANUFACTURER, RESULTING IN ADDITIONAL $200K/YEAR IN CASH FLOW Click here for PDF version Minneapolis, Minnesota – August 18, 2016 – KLC Financial, Inc. (KLC) a market leader in commercial equipment leasing & financing businesses nationwide, is proud to announce the restructuring of debt [...]
Starting your own business is hard work. Whether you’re still in the planning stages, looking for funding, or you’re ready to launch your first product, a little extra inspiration never hurt. There will always be ups and downs, but a good quote from those who have gone before us (and succeeded) [...]
There is a new person in the office, and they go by Millennial. These Millennial adults, individuals between the ages of 18 and 34, are taking over the workplace and bringing a whole new outlook to the business world. Millennials are not only changing the way we look at the [...]
Are you getting enough sleep? If the answer is no, there’s a good chance you’ve noticed a drop in productivity, and unfortunately, less motivation results in less success. If you struggle to fall asleep or find yourself up at all hours of the night finishing a project or sending off [...]
Here is an except from an interview with KLC Executive Vice President Spencer Thomas about the importance of finding a lender that will act like a partner. Click here to view the full article KLC Financial is a Brunswick-recommended lender providing equipment purchase and lease financing for modernization projects. KLC executive [...]
If you are a small business owner, there’s a good chance finances are top-of-mind. Running a business is a costly venture, so the question is, how do you acquire new equipment without breaking the bank? Equipment leasing is something thousands of large and small businesses take advantage of each and [...]
For any type of company, working capital is the foundation of a healthy business. Learning how to maintain and generate more cash for your company is crucial for success. Working capital is essentially the cash needed to operate day to day. When this supply gets too low, the company minimizes [...]
The Academy for Lease & Finance Professionals was offered earlier this month, the first of 2016, by the Certified Lease & Finance Professional Foundation (CLFP). Stearns Bank in Albany, MN hosted the event. All of the individuals who sat for the exam, eight in total, passed and now hold the [...]
After nearly a decade of extremely low interest rates following the recession, the Federal Reserve has approved a rate hike by one quarter of a percentage point. While the Feds have vowed to ease into these new higher interest rates, this change could potentially have an impact on mortgages, credit [...]