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Posts Tagged ‘Equipment Leasing’

Linked in Can help you grow your business

As I continue to grow my business with LinkedIn, I find articles that may help others. This is an informative article on using LinkedIn.

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ELFF: Confidence Slowly Returning to Equipment Finance Sector Monday, January 25, 2010 The Equipment Leasing & Finance Foundation released its Monthly Confidence Index for January, showing the industry’s own outlook on the sector remains essentially flat. Overall, confidence in the equipment finance market is 58.7, virtually the same as the December 2009 index of 58.8.
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The first point you most note not all lenders have the same loans available. Some are more willing to lend than others. Some have less credit criteria. The most important thing is if you are declined at one bank do not give up. You may want to consider a consultant if you are a new business or a growing business. Consultants research and stay in tune with which banks are lending are what programs you may qualify for. www.pfcfinance.com has advice on lending or stay tuned to this blog.

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The Federal Reserve lowered their rate last week. Though the Fed rate has gone down overall interest rates to lenders seem to have gone up slightly in the last few weeks. Physician Finance Consulting’s and Professional Finance Consulting’s rates continue to be low though some of our underwriting banks raised their rates a half point. PFC will work to keep our rates low. PFC offers loans to businesses for working capital, equipment leasing, business or practice acquistion, leasehold improvement loans, and lines of credit. For more information or help securing a business loan call 1-877-835-1253 or go to www.pfcfinance.com. (more…)

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ELFA eNews Daily
Wall Street Journal (04/24/08)
P. A1 ; Ip, Greg; Kingsbury, Kevin

The Federal Reserve has cut the federal funds rate to 2.25 percent from 5.25 percent, amounting to seven reductions over a span of eight months, and experts anticipate another 0.25 percentage point cut at its April 29-30 meeting. However, experts think the central bank could take a breather after the next rate cut to give officials time to assess the impact of rate reductions, upcoming tax rebates, and other measures on the economy during the latter half of the year. Moreover, there are concerns that further reducing the federal funds rate could increase inflationary pressure and weaken the dollar even more. (more…)

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Physician Finance Consulting, Inc. of Tampa, Florida was selected by the corporate office of Eleme Medical to be one of their preferred finance companies.

Eleme has a new product called Smooth Shapes which was recently featured on The View and in O Magazine.

The Eleme website describes the product and treatment as; The SmoothShapes™ treatment provides longer lasting results from dimpled skin known as cellulite. Studies show that 85-98% of post-pubertal women have cellulite. Disappointed with current treatments, many practitioners and patients are looking for a solution they can believe in. The SmoothShapes System uses a proprietary technology called Photomology™ for treating cellulite by restoring adipose cells and improving the less flexible fibrous septae. Photomology’s mechanism of action combines laser (915 nm) and light energy (650 nm) with manual manipulation and vacuum to affect the tissue that is responsible for the appearance of cellulite. SmoothShapes represents a significant improvement in the way cellulite is treated.

PFC is excited about this new opportunity to provide equipment financing to physicians nationwide for Eleme; said Pamela Hewett, the President of PFC.

PFC provides vendor equipment finance programs; as well as, physicians loans for financing working capital, debt consolidation, practice acquisition or expansion, leasehold improvements and equipment leasing and loans.

For more information on PFC please visit the website www.pfcfinance.com

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Within the last few weeks four of the largest banks have announced plans to secure fresh capital. The need for the funding comes from the mortgage crisis and the losses attributed to the the crisis. Wachovia, Bank of America, National City Corporation, and Washington Mutual have all announced plans to secure more capital funding. The New York Times published an article on April 21st that gives more details of the large losses and how banks are trying to secure funding to continue to operate.

How does this affect securing financing for your business?

As banks losses mount it leaves very little capital to lend out. This will make their credit criteria to extend credit to a business much more stringent. Companies that work with multiple funding sources will become the best option to help a business secure financing for working capital, debt consolidation, equipment financing, equipment leases/loans, and business expansion during this credit crunch.  A source such as PFC, Inc. can help a company secure the funding at a reasonable rate with the least risk to the owner’s business and personal assets.

For additional information go to www.pfcfinance.com.

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