Archive - January 2021
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How Equipment Leasing Can Benefit Your Small Business
Posted On: January 27, 2021 by Falcon National Bank in: Manage your Business | Business Banking
Are you a business owner trying to decide whether you should buy or lease the equipment you need to run your business? In some cases, it is a better investment to outright purchase equipment for your business, especially if you are buying equipment that will not depreciate in value or that you will not need to replace. In other cases, leasing makes much more financial sense. Leasing equipment can be beneficial to your business for several reasons. From cash flow improvements to helping your...
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Navigating Banking Issues as a Small Business
Posted On: January 13, 2021 by Falcon National Bank in: Manage your Business | Business Banking
Small business owners often report that cash flow and reoccurring business costs are their top two financial challenges. Guidant Financial reports that in a 2019 Small Business Trends report, 33 percent of small business owners cited a lack of cash flow as their greatest business challenge. When it comes to banking, there are plenty of obstacles for small businesses. As a rule, most banking issues are harder to overcome for small businesses than larger ones. Here are some of the most common issues...
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