How do you pinpoint the equipment that perfectly aligns with your business needs? Here are some tips for navigating equipment options: 1. Define Your Needs: Start by outlining your specific requirements. What tasks will the equipment perform? What volume of work needs to be handled? Whether it's speed, capacity, precision, or versatility, know your non-negotiables. 2. Research Thoroughly: Explore product specifications, user reviews, industry reports, and case studies. Try to gain insight into performance metrics such as efficiency, durability, maintenance frequency, and downtime. 3. Consider Long-Term Compatibility: Think beyond the present. How well does the equipment fit into your long-term vision? A solution that grows with your business can save you from frequent upgrades. 4. Evaluate Total Costs: Look beyond the sticker price. Consider factors like maintenance, training, warranties, and potential downtime. Consult with Prime Capital on what equipment financing option is best for your situation. Learn more about how we can guide you through growing your business with equipment leasing: https://ow.ly/P7o050PH4gE #equipmentleasing #businessgrowth #businessowneradvice
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Cash flow boils down to your business resilience. In other words, it’s how you get through today while planning for tomorrow. 🗓️ Optimizing cash flow is also the number one priority for our clients when working with a lending partner like us. After helping hundreds of entrepreneurs, we like to think we’ve mastered this important tool. Now, it’s your turn! Our cash flow masterclass is a free training video that will prime you (haha!) on the whats, whens, and hows of cash flow. Click below for access and to learn more about powering your business! https://ow.ly/kQic50REtZ0 #leasing #cashflow #entrepreneur #smallbusiness #finance #primecapital #scaling
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A GSA is a legal document that allows a lender to secure a loan with the borrower's assets. It provides the lender with rights over various assets if the borrower defaults on the loan. This agreement covers both current and future assets, offering a comprehensive way to ensure financial protection. Understanding a GSA can be crucial for managing risk and making informed financial decisions. If you have questions about how a GSA could benefit your business, let’s chat!
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Wise words from our founder and CEO Angela Armstrong! To secure the funding you need when it matters most, it's essential to regularly track your cash flow, financial statements, and overall financial capabilities. Want to learn more? Head over to our blog today!
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When it comes to managing cash flow, what’s your biggest challenge? Want to learn more about cash flow? Well do we have the video for you! Check out our FREE Masterclass video now and learn valuable tips and tricks on managing cash flow! 👉 https://lnkd.in/g6QWTdSK #Masterclass #BusinessFinance #Entrepreneurship #CapitalPlanning
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Happy Thanksgiving! We're grateful for our amazing team and supportive clients. Whether you’re feasting with family or enjoying some downtime, we hope your day is filled with delicious food and plenty of pumpkin pie
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As a business owner, making smart decisions can set the course for long-term success. Our latest blog post shares essential tips to help you navigate the challenges and opportunities ahead. Learn about: 1️⃣ Analyzing Financial Statements 2️⃣ Planning Ahead for Financing and Taxes 3️⃣ Monitoring Expenses to Maximize Efficiency Take your business decisions to the next level with practical, actionable advice. Check out the full blog now! https://lnkd.in/gXSQtJKV
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Get ready to unlock the secret language of your business finances! Ever feel like your financial statements are speaking in code? It's time to become fluent in the language of financial ratios. Our latest blog post demystifies 4 crucial types of ratios: 1️⃣ Liquidity Ratios: Your business's bill-paying superpower 2️⃣ Profitability Ratios: The truth about your money-making ability 3️⃣ Efficiency Ratios: How well you're using what you've got 4️⃣ Leverage Ratios: The real scoop on your debt health 🤔 Did you know? A healthy current ratio is typically between 1.5 and 3. Where does your business stand? Don't just crunch numbers – understand what they're telling you! Dive into our comprehensive guide and transform your financial decision-making today. 👉 https://lnkd.in/gc3vbYgb
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On World Mental Health Day it’s important to pause and check in with yourself — and others. Mental well-being is just as important as physical health, so take a moment to check-in with yourself and others!
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Ready to Prime Your Day?! Check out our new series hosted by Justin Cortens with very first guest, Prime CFO Travis Cooper, CPA, CA! We are thrilled to be bringing new types of content your way and hope you find some of the information valuable to your personal or business finances 😊 Happy Friday!
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Having trouble focusing during the workday? It sounds like it’s time for a coffee break! ☕ Taking regular breaks during your workday gives you a chance to reset, refocus, and recharge. What’s your go-to coffee order to fuel your day?
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