Equipment Financing—Business Fuel Podcast #62

  • January 14th, 2014
  • Ty Kiisel

How to prepare for success when looking for a equipment loan

Listen to our interview with David Normandin

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Not too many years ago David Normandin joined forces with Banc of California to offer equipment loans to small business owners all across the United States. In this podcast we talk about some of the things that might qualify for an equipment loan as well as how to find a good lender, why it might make sense to work with a bank that specializes in equipment loans, and how to prepare before you approach the lender.

About the Author

  • Ty Kiisel

Small business evangelist and veteran of over 30 years in the trenches of Main Street business, Ty makes small business financing and trends accessible in common sense language devoid of the jargon.

Comments

  1. It is hard to get a loan, when you are a small town seasonal business. I don’t have the same monthly income month after month. Winter months are good. Summertime slows down.

    • Jerry,
      You aren’t the only small business owner in that situation. Some lenders who specialize in equipment loans also focus in specific industries. The best way to see would be to complete a profile and see your matches.

  2. We are still in the start-up stage of the business. “Dusty Transportation” is a trucking company that is based in Syracuse, NY. and will need funding…

  3. Dusty Transportation, is in the start-up stage Of the business. Because, the company needs a small business loan to buy the equipment to serve our customers with their freight needs…
    C.H. Robinson worldwide, Inc., is our number #1 customer, and they grossed about 8.6 billion dollars a year, and their a (fortune-five hundred) company…