Whether starting a new business or trying to make improvements to an existing venture, there is frequently a need for greater cash flow. Companies both big and small need to be constantly looking at their finances to make sure they are on track or to check if there are tweaks [...]
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 [...]
When it comes to getting the equipment needed for your business, you have to think strategically in order to do what is best for the financial future of your company. Though many business owners would love to have the funds on hand to pay cash for the equipment they need, [...]
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 [...]
Tax time is fast approaching and for many small business owners, stress and worry are beginning to set in. If you are looking to keep more money in your pocket this year, it’s important to take all of legitimate tax deductions you possibly can. It’s never a good idea to [...]
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 [...]
Corporate Responsibility Defined Corporate responsibility, in its simplest terms, can be defined as a business’s ethics. Every company adopts its own set of values and principles that ultimately affect its stakeholders including employees, communities, consumers, investors, and anyone else who engages in some way with that company. Here at KLC, [...]