Commercial Equipment Financing Richmond KY

Looking for Commercial Equipment Financing in Richmond? We have compiled a list of businesses and services around Richmond that should help you with your search. We hope this page helps you find Commercial Equipment Financing in Richmond.

Melody Townsend
Townsend Financial Planning
(859) 299-2020
2716 Old Rosebud Road, Suite 180
Lexington, KY
Expertises
Hourly Financial Planning Services, Ongoing Investment Management, Retirement Planning & Distribution Rules, Estate & Generational Planning Issues, Cash Flow/Budgets/Credit Issues, Insurance Related Issues, including Annuities
Certifications
NAPFA Registered Financial Advisor, CFP®

Scott Neal
D. Scott Neal, Inc.
(859) 254-3036
1999 Richmond Road
Lexington, KY
Expertises
Ongoing Investment Management, Helping Clients Identify & Achieve Goals, Retirement Plan Investment Advice, Cash Flow/Budgets/Credit Issues, Planning Issues for Business Owners, Tax Planning
Certifications
NAPFA Registered Financial Advisor, CFP®, CPA/PFS, M.Div., MBA

Mr. Douglas T. Hawkins, CFP®
(606) 271-0529
409 Worthington Pl
Richmond, KY
Firm
Precision Financial Group Inc
Areas of Specialization
Asset Allocation, Budget Development, Business Succession Planning, Comprehensive Financial Planning, Debt Management, Elder Care, Employee and Employer Plan Benefits
Key Considerations
Average Net Worth: $100,001 - $250,000

Average Income: $50,001 - $100,000

Profession: Legal Professionals

Data Provided By:
Mr. Harvey Roy Little Jr., CFP®
(859) 625-2824
115 Cherry Road Ct
Berea, KY
Firm
Harvey R Little, JR Financial Services
Areas of Specialization
Asset Allocation, Banking, Budget Development, Charitable Giving, Comprehensive Financial Planning, Debt Management, Disaster Recovery
Key Considerations
Average Net Worth: $100,001 - $250,000

Average Income: $50,001 - $100,000

Profession: Self-Employed Business Owners

Data Provided By:
Mr. David B Short, CFP®
(859) 543-8188
1795 Alysheba Way Ste 7104
Lexington, KY
Firm
Investments & Financial Planning, LLC
Areas of Specialization
Asset Allocation, Comprehensive Financial Planning, Education Planning, Insurance Planning, Investment Management, Retirement Income Management, Social Security Planning
Key Considerations
Average Net Worth: $250,001 - $500,000

Average Income: $50,001 - $100,000



Data Provided By:
Ralph Scearce
Cambridge Financial
(859) 269-3104
1089 Chinoe Road
Lexington, KY
Expertises
Ongoing Investment Management, Helping Clients Identify & Achieve Goals, Middle Income Client Needs, Tax Planning
Certifications
NAPFA Registered Financial Advisor, BS, CFP®

Mr. Kristoffer D. Arnold, CFP®
(859) 626-3400
306 Highland Park Dr
Richmond, KY
Firm
LPL Financial Services

Data Provided By:
Mr. Mark D. Van Leeuwen, CFP®
(859) 626-3400
306 Highland Park Dr
Richmond, KY
Firm
Van Leeuwen & Assoc

Data Provided By:
Mr. Charles K. Buckley, CFP®
(859) 223-6333
105 Wind Haven Drive
Nicholasville, KY
Firm
Spectrum Financial Alliance
Areas of Specialization
Asset Allocation, Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Divorce Issues, Employee and Employer Plan Benefits, Estate Planning
Key Considerations
Average Net Worth: $250,001 - $500,000

Average Income: $100,001 - $250,000

Profession: Business Executives

Data Provided By:
Mr. Nathan Slyh, CFP®
(859) 272-0182
4080 Tates Creek Centre Dr
Lexington, KY
Firm
PNC Bank

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How To Find Commercial Equipment Financing

Most companies require equipment of some type at some point. It may be something as small as a computer system, or as large as a construction crane. Whether you are an established company or a small startup, paying for the needed equipment may be difficult, and the cost could set you back to the point where your business is at risk. However, you can ease the burden by obtaining commercial equipment financing .

A commercial equipment loan may be used for any type of equipment associated with the operations of your business. This includes computer hardware and software. Furthermore, commercial equipment loans can be used for the installation, training, and consultation that are related to any commercial equipment that you buy.

The problem is that many business owners do not know how to find the right finance companies to obtain the equipment loan . The majority of the business owners who do approach the right equipment finance companies are ill prepared, and fail to get their equipment loans . You can avoid those problems by being prepared, and knowing what your financing options are.

Begin by knowing and understanding exactly what you require. Do some comparison shopping and locate the best deal possible for the equipment that you wish to finance. Write down all of the specifics about that equipment. Don't make the mistake of approaching the equipment financing company before you know what you want to buy and how much it will cost.

The next step is to gather the documents that will be needed. This includes financial statements for the last five years, your business plan, federal tax returns for the last five years, articles of incorporation, business licenses, and a list of credit references. In most cases, the equipment you will be financing will be used as collateral, but you may also want to have a list of other assets that you can use for collateral as well. All of these documents may not apply to you. It is often best to call ahead to the equipment finance company and simply ask what documents they will expect you to have. You should also get a copy of your credit report to make sure everything is in order.

Finally, you are ready to determine what equipment finance company you will approach for your equipment loan . There are many options open to you. Your bank would be an obvious choice, but it isn't necessarily the best choice. Just as you looked for the best deal when choosing the equipment, you will want to find the best deal when you choose the financing. Begin by making a list of your options, then call those options and check the interest rates.

Don't overlook any financing options for your commercial equipment financing . Call the vendor that has the equipment you want to finance. Ask them if they offer any type of vendor financing, or if they use any particular equipment financing company. Get the details and write everything down.

Other than banks and vendor financing, other comme...

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