There are a number of items to consider when structuring an equipment or asset purchase loan for your business.  Of most importance are the following: Term Term will generally be from a minimum of 12 months to 5 years.  Some lenders will consider terms up to 7years.  This will largely depend on the asset being […]

Paying cash for the equipment your business needs instead of taking on debt may sound like a good idea, but are you hobbling your business’s growth? Cash has always been the simplest way to buy assets such as tools, machinery or vehicles, and there’s no doubt that at face value it’s the cheapest. You only

Big goals don’t happen overnight, so celebrate all the small wins along the way. Acknowledging and celebrating small wins in your business can motivate, inspire, and relieve stress. It’s easy to celebrate the big wins, but there can often be long periods of time in between them. Big goals don’t happen overnight, it takes many small

There comes a time when every small business owner needs to consider a loan for business. Before you take the plunge and apply for a loan, there is a range of questions to consider. Purpose of the loan for business The first step is to determine the purpose of the loan. As part of the

Your credit score is important is because it could influence how financiers and other credit providers (such as suppliers of goods or services) assess you as part of their credit processes. At EXEQ Finance, we can assist you in accessing a copy of your credit score and provide tips on how to manage it. How

If finance is something new to your business, or you have been at it for a while, it can often seem like we are speaking a foreign language!  It can be quite overwhelming when the words are complex and the consequences of not understanding are severe.  We have made a little cheat sheet to explain