It’s been a busy start to the year for us at Fidelity Capital. Not only have we ramped up our sales staff, but we have also recently introduced a completely new product: Project Financing.
The idea behind Project Financing is simple. Rather than financing a specific piece of equipment, we help you secure the funding you need to complete your next major project.
Fidelity Capital is able to finance or lease any type of project, whether it’s for installation, implementation, software development, maintenance contracts or otherwise. This even includes projects that require a 12- to 18-month period for equipment purchases.
Therefore, if your company is in a cash flow crunch because of hefty bills or any other reason, you still have the ability to get your projects completed well and on time thanks to these project financing services.
First quarter roundup
Beyond just the introduction of this new service, it’s an exciting time in general at Fidelity Capital. We continue to see steady growth in the fields of manufacturing, technology and transportation equipment leasing.
As we move into the second quarter of the year, our goal is to diversify our portfolio with all types of industries, such as medical, technology, manufacturing, transportation and more. Two of our biggest clients are in the biotechnology industry, which is a relatively new realm for us but one that is rapidly growing.
It is exciting to see all of the opportunities that business owners have to grow their businesses and find success. In fact, growing a business in this market has become easy so long as you work with the correct financing partner. We’ve truly come a long way from the Great Recession!
Contact us today at Fidelity Capital for more information about our project financing or equipment financing and leasing services. We are pleased to answer any questions you have.
Fidelity Capital is pleased to provide a wide variety of equipment financing services to clients in all sorts of industries. For smaller companies especially, these services can be of great use for helping to promote business growth. However, smaller and newer companies are also less likely to have experience in financing equipment, which means they tend to have a number of good questions about equipment financing.
Here are some of the most commonly asked questions we receive about equipment financing, and a bit of helpful information in response to each:
Q: Who finances their equipment?
Approximately 85 percent of all businesses either finance or lease their equipment. These businesses range from Fortune 500 companies to mom-and-pop corner stores in small towns. Just about every company can benefit from equipment financing somehow.
Q: Why do companies choose to finance equipment?
Most of the time, it’s because it makes the most financial sense. For one, financing equipment allows businesses to save a good chunk of their cash flow for other important business expenses. For example, it can be hard to engage in effective marketing when you have to sacrifice your cash flow for paying for equipment.
Q: What type of equipment can I finance?
The growth of the financial industry has allowed us to expand finance implementation. We currently offer financing services for dental and medical equipment, construction equipment, transportation equipment, cloud computing equipment, manufacturing equipment, technology equipment, software and much more. Ask our team about whether we can assist you with the specific pieces of equipment you need for your company.
Q: How much can I finance without financials?
Currently we are seeing application-only approval up to $500,000. This gives us plenty to work with for most of our clients.
If you have any additional questions about equipment financing, we encourage you to contact us. We are happy to work with you to figure out the best strategies for getting the equipment your company needs at a reasonable price.
Cloud software, often referred to as Software as a Service (SaaS), is a relatively new software distribution model that has become extremely popular within the last couple of years. In a cloud software model, vendors or service providers host their applications online and allow people to use the software through a monthly subscription, rather than paying full sticker price to own a copy of the software.
This model comes with several inherent advantages, the biggest of which is flexibility. When you own a copy of a program, that application is then bound to the computer you installed it on. However, when you become a subscriber to a cloud software service, you are able to access the software from anywhere with an internet connection. This increases mobility and accessibility, which is especially important for larger companies or companies whose employees regularly work remotely.
Today, there are a wide variety of different applications available in a cloud software model. Here are a few of the most popular:
- Salesforce (www.salesforce.com): Salesforce offers a customer relationship management (CRM) product that gives companies an ability to connect to their customers in new, much-needed ways. As a form of CRM software, its primary elements include sales force automation, opportunity management, growth prediction, development and maintenance of client relationships, direct online communications and other services to help create a stronger overall customer experience.
- Office365. There are so many businesses that regularly use Microsoft Office programs such as Word, Excel, PowerPoint, Outlook and more. Now, Microsoft packages those services into Office365, a subscription-based cloud software model allowing people to get different levels of online access to these products.
- Adobe Cloud. Adobe has put many of its most popular features into a cloud-based model. The Adobe Creative Cloud, for example, contains such programs as PhotoShop, LightRoom, Premiere Pro, After Effects, Illustrator and more. Adobe’s establishment of a cloud-based software model has been one of the biggest influences in it becoming such a popular method of software distribution.
- SugarCRM. Another CRM system, SugarCRM allows for mobile CRM, social CRM, customer support, marketing campaigns, salesforce automation and other elements. SugarCRM is one of the more popular CRM tools available on the market, with will more than a million active users.
- Microsoft Dynamics Exchange. Microsoft now allows users to set up their Dynamics CRM online. When used in conjunction with Office 365, users can route CRM email through Exchange Online. The result is a more streamlined CRM experience.
Fidelity Capital offers leasing and financing services to help you get set up with the cloud software of your choice. For more information about the benefits of this model and how to get started, contact our team today.
Provide Quality Patient Care With Up-to-Date Medical Equipment
As you set out to obtain the most up-to-date medical equipment for your practice, you have several different options: financing, leasing or cash payment. Each of these has its own unique benefits.
Among the greatest benefits of medical equipment leasing is the fact that it enables you to keep up higher standards of quality in the care you give to your patients. Because you are able to more easily upgrade to new, up-to-date equipment, your patients can rest easy knowing that they will constantly have access to top-of-the-line technology through your practice.
Medical leasing doesn’t only cover equipment, either. For example, the kinds of EMR (electronic medical records) software alone that you can benefit from through leasing is a huge benefit to any private medical facility. This software helps you to more efficiently keep track of all of your patients and their needs. Any medical records that you need can be accessed and updated instantly, which will save you a significant amount of hassle in your administrative tasks wholesale mlb jerseys that you need to complete on a regular basis. When new software versions come out, you can easily upgrade.
Financing your equipment and software is a great long-term option if you have machinery or equipment that does not go Jamal Adams authentic jersey out-of-date quickly. For example, you may choose to finance pieces of expensive office furniture or other equipment upgrades to your facility because you know you will be using and owning them for many years. It wouldn’t make sense to lease this type of equipment, as you won’t upgrade nearly as often.
Cash payments are a great option for less expensive pieces wholesale nfl jerseys of equipment as they will help you to avoid paying interest and going through the approval process required for financing. This is also optimal for equipment of software that you know you https://wholesale.sports-jersey.co will be using for long periods of time. The down side is that you may have to take a chunk out of your savings to make the initial payment.
At Fidelity Capital, we provide full financing and leasing services for soft costs. Contact us today for more information about how your medical facility can benefit from our services.
The Emergence of Cloud Computing in the IT World
If you have at all followed the technological advances in business (particularly the IT industry) over the last few years, chances are you’ve become familiar with cloud computing. Today, cloud computing has emerged as one of the top resources for companies of all types. But how and why did it become such a force in today’s technological world?
Here are some of the factors that have played the biggest role in the emergence of cloud computing:
- Cost. In the olden days of data storage and electronic communications, it cost quite a bit of cash to obtain the server hardware needed to run a company of any significant size. Cloud computing has made it easier to obtain more capacity for these issues than ever before at extremely low prices. Businesses have always been looking for ways to operate with a leaner budget, especially since the recession of several years ago. Cloud computing has been one of the easiest ways to make that possible.
- Scalability. Because you don’t have to worry about lugging around hardware whenever you’re looking to make an upgrade, it is far easier to scale up with cloud computing. All you need to do is contact your provider and change your service plan.
- Globalization. Businesses are becoming more globalized than ever before, which makes it extremely important for executives to be able to stay in constant communication. Cloud computing allows for instant communication and sharing of cheap jerseys files from anywhere in the world, as well as on-the-go access to important files and documents from anywhere in the world that has an internet connection.
- Productivity. Cloud computing allows multiple users to work on the same file, document or project at once while being able to instantly see other changes made to the file. This has improved productivity in businesses of all types.
- Data protection. When used as a backup service, the cloud is an easy way to prevent catastrophic data loss in the event of a malicious network attack, a power outage or natural disaster.
Today, “the cloud” is used by a wholesale jersey tremendous amount of people in a wide variety of ways, and it has completely changed the way that many industries operate. For more information about how cloud computing can transform your business, we encourage you to contact us today at Fidelity Capital.
The Fidelity Capital “Culture Code”
The lending industry has a particular culture code that varies slightly depending on the lending institution you approach. At Fidelity Capital, we have our own version of the culture code made up of five different components. Each of these five factors enables us to provide the best possible service to our clients. Here are the five components of our “culture code:” 1) A thirst for knowledge Fidelity Capital has the knowledge you need to find outstanding service in fields such as medical, technology, manufacturing, transportation and construction. Whatever kind of equipment you need, we have the ability to get it to you quickly and easily thanks to our in-depth knowledge of each of these industries. 2) A reliable source of information It is our goal to provide the same high-quality service for every single client that comes to Fidelity Capital. Our sales and administration staffs are made up of people with positive, winning attitudes, and we strongly believe that we can get any project or deal done for our clients. This belief manifests itself in the outstanding results that we provide time after time. Simply put, our attitudes, processes, service and experience make us an extremely reliable choice for equipment financing. 3) Outstanding innovation featuring new methods, advanced and original Most people who approach lenders do so with a legitimate fear that their application will not be approved. However, the way that Fidelity Capital has established its processes and lender relationships means that we are able to use more creative approaches to getting the job done for you. Every time you come to Fidelity Capital, you can be sure that you’re going to get what you need. 4) Great team work featuring a number of persons associated in some joint action Our staff comprises remarkable, enthusiastic people with sales and administrative backgrounds, all of whom take their work and your satisfaction extremely seriously. This enables us to work with a seamless process so we can get you the equipment you need when you need it. 5) A fast-paced process We understand that once you’ve made the decision to finance or lease your equipment, you want to be able to get it as soon as possible. Our processes ensure that you can come away with the equipment you need quickly and easily at prices that you can afford. This is the Fidelity Capital culture code, and we are proud to uphold it with every project we take on for our clients. Contact us today for more information about equipment leasing or to get started with our services.
What to Consider Before Taking Out a Small Business Loan
Many small businesses cheap jerseys take out loans to help them expand in their early stages. Getting that influx of cash at just the right time can help you to keep your business operations going strong and give cheap jerseys China you the ability to support your own expansion.
However, the choice to take out a small business loan is not one that you should make without careful consideration. Remember: you’re going to wholesale nhl jerseys need to pay back that loan at some point, so you need to have a good sense of your ability to do so in the future before you decide to commit to a loan.
Here are a few things to consider before you decide to take out a loan for your small business:
- Your credit score. Your credit score will be one of the main cheap jerseys factors that lenders look at before determining whether or not you’ll be approved for your loan application. Before you apply anywhere, get a credit report (there are websites where you can do this for free) and analyze it. If there are any errors, make sure that you contact your credit agency to resolve the problem. A good credit score is generally considered to be above 700, which gives you a better chance of getting a low-interest loan.
- Know how much money you need. If you aren’t exactly sure what your financial needs are, you may consider working with an accountant or financial advisor. Thoroughly document your expenses, what you wish to purchase with loan money and the goals that you have for the future of your organization. Be prepared to discuss all of this with potential lenders.
- Research your options. There are a wide variety of lender types that you will need to look into before making your decision. There are traditional lenders, such as banks cheap jerseys cheap nhl jerseys China and credit unions, and many nontraditional lenders as well. wholesale nhl jerseys Investigate wholesale jerseys China all of the options at your disposal before making any decisions about who you will borrow money from.
- Know there’s a chance you’ll get turned down. Getting denied on your loan application is not the end of the world; based on the reasons for denial, you will understand where you need to improve on your application before you try the next time. It can be a tedious process, but the end result will be worth it for your business.
For more information about what types of factors you should take into consideration before applying for your small business loan, contact us today at Fidelity Capital. We are pleased to assist you.
