Posted on March 10th, 2009 by admin and filed under Self Storage Articles |
Equipment Leasing
Equipment leasing is an excellent choice for a startup or existing business especially if your business uses a significant amount of equipment to make their operations efficient. What are the examples of equipment that can be financed? Just about anything that is used for a business: landscaping equipment, auto shop equipment, telecommunication equipment, medical equipment, metalworking, bakery equipment, restaurant equipment, etc.
Why does equipment leasing present an excellent option for business owners? It is usually a quick and efficient way to obtain financing. In many cases startups can get up to $20,000 by providing an application only. Companies that have been in business for 2-3 years are looking at up to $50,000 with an application only. That means there is no need to gather paperwork and a quick and easy submission and decision. In many cases you will hear back within 24-48 hours about a decision on your lease, which means you are closer to your goal so much faster. Larger amounts are usually available with full documentation packages. Many lease programs also have special features such as 3-6 month deferrals that allow businesses time to start earning revenue with their equipment.
In addition there are many more benefits to equipment leases including potential tax savings, predictable fixed payments, and 2-7 year terms. Many people do not want to consider leasing for fear they would not own the equipment at the end of the lease. Modern lease programs offer you a variety of end of the lease options including $1 buyouts where you pay $1 at the end and the equipment is yours. Another thing that comes up - people actually want to use their cash and not borrowed funds. That might sound like a great idea, but actually it is not since debt provides a business owner with leverage to catapult them to higher growth. Debt when used correctly is an excellent instrument for growth. Cash is best used for working capital needs.
Commercial Mortgage
Commercial mortgage is another excellent financing tool for a small business. If a company owns their current location, it is a great idea to consider pulling equity out to finance business expansion, consolidate debt, remodel or open another location. For companies that do not own their locations and are paying rent, it is always a great idea to run the numbers to see if it would make more sense for them to own the property.
One thing that usually stops business from pursuing this option is the lack of small commercial mortgage options. The options that maybe available typically require large down payments and strong tax returns. These are all valid reasons unless you know a business consultant that works with small commercial loans.
Preferred Capital Alliance, Inc. has started offering small commercial mortgages this week. These are the loans specifically targeted at small business owners. The maximum loan amounts are $1.5 million and they cover such property types as office, retail, warehouse, mixed use, self-storage, multifamily, mobile home parks and more! What’s even better is now a qualifying small business can acquire their business location with as little as 3% down. In addition to full document programs we also offer stated income programs that would benefit many business owners, which for one reason or another are not able to prove their income with tax returns.
In addition to acquiring property for your business, you can also refinance your existing property and/or invest into an income producing commercial property. The process is quite simple and we will walk you through each step. Just imagine in about 45 days you can own your business location or supplement your income with a commercial investment property! The possibilities are endless.
Pulling out equity from your commercial property often represents one of the cheapest options to finance your growth. Acquiring a commercial property instead of renting is also a smart decision in many cases.
All in all, there are many ways to finance companies, and bank loans are certainly not the only option. The smart thing to do is to find a reputable business finance company that can narrow down the options and help you obtain financing.
Posted on March 8th, 2009 by admin and filed under Self Storage Articles |
Plastic Drum Pallet With this in mind, it means that you will be able to use our 55 gallon drum storage racks for all the different products that your business requires, and simply set up the warehouse area as you need it to grow.A 55 gallon drum storage rack is modular solution to your material handling needs. The units each hold 3 standard drums, and allow for the stacking of one unit on top of another to allow the total storage area to grow with your business while making the best possible use of available space.
Drum Stands.
Drum Stands for use with 30 or 55-gallon plastic, steel or fiber drums. These economical stands offer a unique design for storage of drums 55 Gallon drums are a very useful storage vessel, and are widely used across different industries thanks to their standard size. Most manufacturers produce them to exactly the same specification to make it easy for different industries to make use of them. With this in mind, it means that you will be able to use our 55 gallon drum storage racks for all the different products that your business requires, and simply set up the warehouse area as you need it to grow.
Poly Drum Cradles.
Dispense drum contents into smaller containers and avoid messy clean-ups with our Poly Drum Cradles.Each unit of 55 gallon drum storage rack that you purchase is made to the highest possible standard, and features a resilient powder coating to protect the metal. The design of the units is simple. 3 drums are held in place by the shape of the rack, and are kept far enough apart to allow for easy fork lift access to load and unload them from storage as they are needed.
Once each layer of drums has been placed securely and is settled in the individual 55 gallon drum storage rack, then the next layer can be added to the stack. The shape of the individual rack units ensures that each layer is held in place as securely as possible by cradling each drum tightly. The secure nature of the system means that each layer supports every other layer, and creates a tight and safe stacking system that is self reinforcing and will be close to completely reliable, provided that appropriate care is taken throughout the whole stacking process.
Posted on March 3rd, 2009 by admin and filed under Self Storage Articles |
Moving services refers to a service that helps you with your relocation needs. Here’s a list of them:
Local Moving Services: Also known as a local moving company, this type of service will be able to provide you with an intrastate move. Just remember, even if your intrastate move is over a 100 mile trip, it’s still considered intrastate if you don’t cross state borders. A few things to keep in mind:
1. Make sure that the local moving service you choose is fully licensed and insured under the local state authorities (i.e. State DOT and Public Utility Commission).
2. Intrastate moves are usually charged by an hourly rate. To confirm this rate you can contact the State DOT and ask to see the moving company’s tariff. This document will state the current rate of the moving company. With this, you’ll know if the moving company is charging you the rate they are legally obligated to charge.
Long Distance Moving Services: Also known as a long distance moving company, this type of service can relocate you across state borders. Again, there are two important things to check:
1. Make sure that the long distance moving service you choose is fully licensed and insured under federal regulations.
2. Long distance movers can charge you by volume, weight, distance, or a combination of all three. You can contact the USDOT to check out the company’s tariff.
Self Moving Services: Whether a standard mover is too expensive or you just don’t like dealing with moving companies, self moving services can be a great shortcut for your moving needs. A truck delivers large crates to your home and you pack and fill them with your items. When you’re done, the truck comes back and delivers the crates to your new home. Once arrived, you being to unload and unpack the crates. Although you’ll be spending less money, you’re going to have to do more work.
Auto Transport Services: What should you do with your car when you move? Do you want to drive it across the country? Probably not; so you can just use an auto transporter that will ship your car from your old home to your new one. Make sure you also check up on the licenses of your auto transporter.
International Moving Services: Guess what this is used for? You got it. If you’re moving to another country, then you need one of these.
Corporate Relocation Services: If your company is moving you don’t necessarily have to go with your average moving company. You can actually hire a mover that specializes in corporate moves. Again, check for licenses.
Boxing Services: No, this isn’t a service where a shirtless guy comes to your home and tries punching you. “Boxing†in this case literally means boxes. You can use this service to get packing materials. This is obviously very useful for keeping your things organized and more importantly, safe and secure.
Self Storage Services: A self storage facility can be used as an extension of your own home. If you have something that needs to be moved at a later date, or you just don’t want it to take up the space in your new home, a self storage unit is the perfect option for you.
Friends and Family: This is the ultimate moving service. Although you’ll probably need to use a moving company to move the big stuff, you can always count on friends and family to help you with everything else.
Now you know the full list of moving services. Evaluate your needs and choose the right service that best fits your move.