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 [...]
A Fresh View of Equipment Leasing Today By Dennis Monroe Click here to download pdf version Equipment leasing was one of the earliest forms of financing for restaurants, used typically to fund furniture, fixtures, equipment and, at times, leaseholds. I got involved in franchise and restaurant finance in 1980, and [...]
For Immediate Release November 6, 2015 Contact: Spencer D. Thomas [email protected] Click here for PDF version KLC FINANCIAL ACQUIRED KRAUS-ANDERSON CAPITAL’S ASSETS Minneapolis, Minnesota – October 28, 2015 – KLC Financial, Inc. (KLC) a market leader in commercial equipment leasing & financing businesses nationwide, has acquired the portfolio and others [...]
Maintaining аnd operating a buѕіnеѕѕ еnаblеѕ еntrерrеnеurѕ tо offer аnd ѕеll a рrоduсt or service thеу feel passionate and еxсіtеd аbоut. Unfortunately, whеn operating a business there is аlwауѕ the chance оf іnсurrіng lеѕѕ-thаn рlеаѕаnt еxреrіеnсеѕ frоm уоur сuѕtоmеr base frоm tіmе tо time. Whеn уоu offer a рrоduсt or [...]
We are always interested in hearing about how Minnesota compares nationally with the things relating to the financial community in general. This is terrific snapshot of our great state from a budgeting perspective. Healthy finances equals healthy living, according to a national survey, and Minnesota households are among the most thriving [...]
Everyone starting a business always has questions and let’s face it … as you go and grow, you’ll also be looking for peer resources! We’re of course always here to help when we can – but we’ve found the following websites to help you with business resources, tips and business [...]
Our own Lesley Farmer was featured in the latest issue of New Business Minnesota in an article discussing how Equipment leasing can preserve you working capital. When considering borrowing money there are great alternatives to be considered. Click on the link below for the full article. NBM – May 2015 [...]