About five years ago, Peter and Nancy Doafi were in desperate need of updated equipment to help expand their high-couture cleaning business in Lake Forest, California. As one of South Orange County’s leading cleaning businesses, they offer dry cleaning and laundry services, instant alterations, shoe shines and repairs. From washing and drying to fluffing and folding, they do it all. In order to obtain the equipment they needed, they reached ...
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In February 2017, the American Rental Association will host the annual ARA Rental Show in Orlando, Florida. This four-day conference is perfect for those in need of equipment for their business, as it will feature training seminars, networking receptions and a massive trade show. As a leading equipment finance company, Main Street Business Capital is especially excited for this conference. Before you attend, there are 10 things you’ll want to know ...
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For most business owners, acquiring new equipment is essential in order to improve and/or expand the company’s offered products or services. And with technology constantly changing, equipment will eventually have to be replaced and upgraded. So how can businesses obtain new equipment and not deplete their bank accounts at the same time? The answer lies in financing equipment. There are many advantages attached to financing equipment and gaining business capital. At ...
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In 2014, Sessions West Coast Deli opened its first location in Newport Beach, California. The restaurant was an immediate hit, catering to the relaxed surfside atmosphere of the Newport community. They introduced a gourmet sandwich menu featuring high-quality ingredients, scratch-made sauces, locally grown produce, naturally sourced meats and fresh-baked bread from a local bakery. Owner and entrepreneur, Matt Meddock, had a dream to open this deli and was able to ...
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Main Street Business Capital, a leader in financing small business loans, is committed to supporting veterans, starting with one of its own employees, Systems Administrator Kristopher Gomez. At Main Street Business Capital, Gomez handles a variety of IT duties and makes sure the company’s systems work properly every day. But prior to working at Main Street Business Capital, Gomez was proudly serving in the United States Marine Corps for eight years ...
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Things have changed in the past decade. After significant financial crises, regulations have become more and more strict in the lending industry. Such factors like the Dodd-Frank Wall Street Reform Act and the Consumer Protection Act have drastically altered the banking landscape in recent years. Unfortunately, because of problems caused by big corporations, it really has made it harder for small businesses to get capital loans. In the past, lenders built ...
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Many small businesses rely on a specific time of year to provide a spike in revenue. Oftentimes, it is toward the end of the year, during the holiday season. If your business is dependent on a seasonal surge of income, it’s important to implement a cash flow management strategy that addresses these fluctuations. It can be difficult to maintain an annual budget when a majority of your business capital comes during ...
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Employees from Main Street Business Capital, a leader in small business lending, volunteered to be part of a recent surf day event for children with special needs. Run by the Best Day Foundation, the beach day took place on Saturday, October 8 in Seal Beach, California and was the final event of the year for the organization’s Orange County chapter. Over 100 volunteers came together to make the surf and water ...
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At Main Street Business Capital, we understand how difficult it can be to purchase new equipment for your business directly out of pocket. That is why we offer equipment financing to companies looking to expand and grow their business. Here’s how we helped our client, The Foundry, obtain the equipment they needed to see their business thrive. Based out of Seattle, Washington, The Foundry is a progressive clothing company that is ...
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Whether you are a brand new business looking to stock up on new equipment or an established company ready to add more pieces to your collection, figuring out how to finance the equipment can be difficult. Should you buy or should you lease? While there are some pros to buying equipment, we at Main Street Business Capital find that those pros don’t outweigh the cons. Having to deal with maintenance, repairs ...
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