Get Out Your Checkbook
Recovery is ongoing, and despite tightened credit markets, now is a good time to invest in capital equipment.
Dugan adds, "Lenders want you to approach them with every bit of information you have that explains why they should lend you money. The more you can tell them about why they're going to have less risk, the better off you're going to be."
Consider the SBA
For small businesses, one avenue to investigate is going with a Small Business Administration (SBA) Loan. "This is a very good program for printers of all types to utilize," says Dugan. "There are some limitations, some restrictions, and the paperwork is a bit extensive, which turns off a lot of people, but lenders love to do SBA loans." Here's why:
- Companies:
- Heidelberg
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