Businesses and organizations can increase their market share in a variety of ways – namely through innovation, demonstrating flexibility, and strengthening relationships with their customers. Enabling your business to benefit from an increased percentage of overall market share puts you at a competitive advantage within your industry.
When companies need to grow, they need capital – it’s that simple. Businesses can secure and raise capital funds in a number of ways, most commonly by accruing debt, or by releasing equity. Debt has to be repaid, and equity comes at the cost of ownership.
One of the factors that makes Travelers a progressive lender, is our ability to finance equipment sales through private sellers.
For a business, a loyal customer base is like the beating heart of your success. Repeat customers and loyal clientele have already provided enough evidence that they like doing business with your brand – so learning more about them is your next step to ensure that they’ll continue to come back time and time again.
Many business executives, organizations and individuals understand that privately financing a small aircraft can prove to be both cost efficient and beneficial to overall productivity in the long run. As aircraft become more economical in terms of fuel consumption, safety, and practicality, they emerge as a viable option to preserving valuable time in frequent cross-provincial or nation-wide travel.
Being locked into a less than favourable loan or lease isn’t a situation most of us wish to stay in, making refinancing your existing vehicle loan a great way to investigate the benefits of revisiting your term agreement. Knowing when to do so, however, makes all the difference in following through with your plan and can easily help to alleviate some of the financial stresses, especially if related to your transportation-dependant business.
Purchasing or leasing a new or used commercial truck like an 18-wheeler or a fleet of concrete trucks is a hugely daunting task for first-time prospective buyers.
The growth of your business depends on having the right equipment. As the old saying goes, tools and equipment should always be treated like good friends; treat them well and they’ll always be there for you.