LOS ANGELES, CA (November 10, 2011) Pick up the newspaper or turn the radio on and it’s not news that the economy is still in a slump, and the job market is all but stalled. Even though the media has painted a picture of doom and gloom, at least until the government can make some headway on the job market or the proposed deficit reduction, Taycor Financial of Los Angeles, CA is opening its doors wide to growth and expansion.
Inducted and listed in the top 20 Inc. 500 fastest-growing private companies, growth is not a new concept at Taycor. “The floodgates are opening. Customers who delayed replacing aging equipment, or leasing new equipment since the downturn can’t put it off any longer,” said Bob Skibinski, Taycor Financial CEO.
Taycor and its vendor finance partners are seeing significant growth in sales as they remain committed to approving wider credit windows, faster, at a lower rate, and with less paperwork. Actively recruiting new sales talent and welcoming prodigal sons back from service in other industries; Taycor, has expansion firmly rooted on the mind as 4th quarter quickly approaches.
LOS ANGELES, CA (September 8, 2011) Michael Hong of Atlanta, GA has joined the Taycor Financial team as Director of Business Development and Marketing. In his new role, Hong will be responsible for growth and development initiatives as Taycor continues to grow quickly during the economic recovery. He will be working towards not only creating new and innovative lease programs to grow equipment seller partnerships, but also streamlining in-house processes to create a fast and easy user experience for equipment buyers. In preparation Hong expects to recruit, train, and grow the sales department through the end the year and into 2012.
Hong brings 10 years of equipment finance and leasing industry experience from a direct competitor to Taycor. Previously serving as the VP of Business Development for a nationwide leasing company based in Atlanta, GA; Hong expects to use his experience to directly and immediately contribute to the continued growth and success at Taycor. Hong makes his return to the equipment leasing industry after serving as Director of Imports (North America) at a South Korean steel mill.
Commercial equipment financing is becoming the best financial option for businesses of all sizes. Yet, many organizations don’t fully understand all their commercial equipment financing options.
- What is a lease?
- Is a lease better than buying outright?
- What type of equipment can be leased?
- How will I know if leasing is the right option for my business?
Equipment Leasing Questions and Answers. Learn more about the structure and end of term options for our more popular equipment leasing programs.
- How long does the equipment financing process take?
- Can you lease or finance used equipment?
- What happens at the end of the lease term?
- What is the interest rate on the equipment lease?
- Can the equipment lease be paid off early?
- Will my commercial lease payments be tax deductible?
- Will the lease payments be fixed for the entire term?
- What is the minimum size lease transaction?
- How long do we have to be in business?
- How much of a down payment is required on the equipment?
Businesses around the country are searching for creative and viable ways to keep their businesses afloat during troubling economic times. Costs saving measures are implemented as organizations come up with strategies to save money. One option considered by many is equipment leasing for business.
Are you starting up a medical practice and need to outfit your office with furniture and medical equipment? Do you currently own or run a medical practice and are interested in updating or expanding your equipment?
If you are thinking of expanding your current office, opening a new one or upgrading your facilities, then you know that one of your biggest expenses will be buying computer equipment. Software, hardware, peripherals, monitors, laptops, and printers can easily cost you thousands of dollars. Unfortunately, computers and equipment quickly depreciate in value, which may cause you to consider purchasing second hand equipment that can be fraught with problems and could end up costing you more in repair costs than if you had just purchased the computer equipment new.
Would you like to keep more cash in your business? Construction equipment leasing is an excellent way to grow your business while still keeping cash available for other business expenses. When you are evaluating your construction equipment financing choices, leasing may win out because you can take advantage of:
With today’s growing demand for a high-end work environment that meets both the budget and needs of the company, it is vital to finance the best technology and furniture to make your office a success and increase your access to your niche market. Taycor Financial offers a variety of office equipment leasing options to companies and organizations of all sizes. Our office equipment lease solutions are tailored with flexible structure and payment terms to match the budgetary needs and overall goals of your organization.
Equipment financing is an ideal way for companies to grow and expand without having to outlay large amounts of capital to do so. However, it is critically important that any organization utilizing an equipment financing company ensure that the financing company will meet their specific requirements. Below are the top three factors to consider when choosing your equipment financing partner.