First Capital Business Finance announced new aggressive equipment financing programs for middle-ticket businesses. With the company's new President, Dustin Doi, in FCBF's office for the past year, the company is experiencing an ever-growing demand from entrepreneurs looking to start their own business. FCBF is continually hearing from previous clients and has been seeing an unusual increase in applications from existing business owners looking to take advantage of the new tax reform, and lower regulations.
In order to service the new influx of applications from business owners, FCBF increased their staff by 53% in the last six months. After analyzing the applications from the first three quarters of 2017, FCBF quickly expanded their finance programs to better facilitate the demands from their clients and increase their closings for business owners.
New aggressive equipment finance programs for both startup-up businesses and existing businesses, as well as a wider variety of programs for lower credit grade business owners are being offered. FCBF has also recently expanded their guidelines for those who are "credit challenged."
Niche Programs:
- Startup-Up Business Programs for both Good & Challenging Credit
- Transportation Financing for OTR & Local Truckers for both Good & Challenging Credit
- Collateral Based Financing
- Medical Equipment Financing
- Restaurant Equipment Financing
- Construction Equipment Financing
- Funding capabilities ranging from $5,000 to $2,000,000
Expanding outside equipment financing:
With the increase in applications the past year, FCBF has also seen the demand for factoring. Once again, to accommodate their clients and to facilitate the needs of the market, FCBF has expanded their financial products and is now accepting factoring applicants.