There is good news out there for the home building industry. The Natonal Association of Home Builder's is predicting home starts to increase to 1,162,000 in 2015 from 993,000 in 2014. The increase in new home starts is 167,000, a 17% increase. 2016 is expected to grow at a 26% clip and 1.463M units. You may be as skeptical as we are when it comes to economic predictions. As we have seen most recently with oil prices, it is frequently impossible to forecast how things will cha
Third quarter sales of foodservice and restaurant equipment and supplies increased 3.8% up from 3.1 and 3.3 growth in the 1st and 2nd quarter of 2014, according to MAFSI, the Manufacturer's Agent Association of the Foodservice Industry. This is shorter than the initial projection, which was 5.7%. Broken down by sector, the equipment sales grew 4.1%. A survey of MAFSI showed that the market is "losing steam" as 48% of reps reported more quoting activity compared to 56% and 53%
Medical equipment leasing is a great way to finance the equipment you need for your medical office, dentistry practice, or practically any healthcare business. There are many reasons to utilize medical equipment leasing or financing but I believe the best are listed below. Medical and dental equipment leasing has little upfront cost - which allows you to begin using the equipment and making money right away, no need to worry about high end upfront capital expenditure. Avoid o
Working Capital is extremely important for start-up restaurants. After months of planning your new restaurant, many owners find there are many things that pop-up or were unaccounted for. That's why a restaurant equipment lease may be the perfect solution to preserving the working capital for your restaurant or food service enterprise. It allows you the security of a low monthly payment for your equipment so you can keep your money in case expenses begin to get out of control.
How do you know if equipment leasing is right for your restaurant business? Copley Funding is here to help with that decision. There are many benefits to using restaurant equipment leasing over other forms of financing or paying for the equipment upfront. Let's look at some of the benefits of leasing vs. restaurant equipment loans. Applying for leasing is easy - most restaurant equipment invoices under $150,000 require a simple 1 page application. Many banks will require comp