person at computer

Software Financing Options from KLC Financial

Did you know KLC Financial can finance your cloud-based subscription software like Salesforce? Whether it is the subscription model taking over the way products look at home, like Netflix and Hulu, it hasn’t avoided the professional world as well. From Adobe Suite to Salesforce, these cloud-based subscription software platforms are [...]

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Thank You for 33 Years!

Thank You for 33 Years!

Where to begin? To everyone that helped make the company what it is today, a thank you hardly seems sufficient. We are grateful for your hard work and partnership! As a team we took our knowledge and experience and continued to build and serve our customers, learning and improving constantly. [...]

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transportation programs offerings

Transportation Programs Offerings Overview

We know COVID-19 has had a major impact on our economy but like most things there’s also been some positives, in particular in transportation finance. Certain industries like e-commerce, home improvement, and construction has actually enabled trucking to do fairly well. Experts expect the holiday season e-commerce to be at [...]

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KLC Spencer Thomas

Alternative Lending Sources When the Bank Says No

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 [...]

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Section 179

Good news! MN Matches Federal Section 179 

What is Section 179 expensing? Income tax laws generally require businesses to spread deductions of capital expenditures over the useful lives of the purchased property. Section 179 expensing takes its name from a section of the Internal Revenue Code (IRC). It allows businesses to deduct the entire cost of qualifying [...]

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