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AXIS Capital, Inc. is a Direct Lender providing quality equipment leasing/financing services along with superior customer service, headquartered in Grand Island, Nebraska; AXIS has grown to become an industry leader serving equipment vendor nationwide (i.e. SE Asian countries such as KL Malaysia, Bangkok Thailand, Jakarta Indonesia and many more) presents these 3 things to focus on how to increase your chances. Have reliable information - Many businesses will inquire for a financing approval and source one business name on the loan application, a distinctive will materialize on their bank statements and then hitherto one more company name on their tax returns, financial statements or business license. When you converse with a lender regarding borrowing money ensure you have your ducks in a row. Almost certainly, all of those businesses are similar so get with your CPA or attorney to simplify your operation. It may be as easy as bringing your information up-to-date with the state or altering the name on your current bank account. Warming! Identify what you're applying for - A company representative or owner must be able to prepare a complete, well thought-out validation for their equipment loan or working capital loan application. Amid other things, most every loan officer should compose a "transaction summary" to their credit officer for review. Therefore as a business owner, be prepared with a convincing reason that evidently and sensibly shows how you'll repay the loan and what measures you've taken to lessen the lender's risk. Banks wish to have an outstanding collateral position, a brief loan term, or timely payment history on past similar loan amounts. They will be keen on it even more when a possible borrower knows these things and takes the time and care to clarify it to them. Give importance to any negatives upfront to avoid future complaints- Likelihoods are that if you're able enough to balance the several thing

In all businesses, there are so many things that need to be cleared up. Equipment lending is no different. Axis Capital Group Inc Business Funding , a direct lender providing quality equipment leasing/financing services from its main office in Nebraska to almost all states in America, is yet to unfold some of the facts behind myths in this industry. 1. Contrary to what banks tell you, you do not have to put your money down to buy a commercial vehicle. Banks do need down payments when they finance homes and buildings so they can just carry that policy over to commercial vehicles but with legitimate vehicle financing companies, $0 down payment is needed. 2. You don't need to offer collateral when you loan. Most banks make it easy for themselves so they get some insurance from you. If you don't have big cash for the down payment, a banker will often ask for additional collateral like land title, pledging of your account receivables, buildings or even homes. In the equipment financing companies, this is not a good policy. The equipment you are purchasing should be the collateral to support your loan. Some agents would also scam you into putting all you've got for the loan. Don't get fooled into over-collateralizing your loans, just the equipment you are buying is enough collateral- nothing more. 3. Rules differ depending on the place you are at. The government's policy may affect terms with both banks and equipment lending companies. In most cities though, like Jakarta, Indonesia and Singapore as well as in Tokyo, Japan, some companies insist that you cannot get a 100% financing including tax, title and license (TTL). Equipment lending should be able to make a partnership with you, not take advantage of you. Equipment lending isn't 100 percent about avoiding risk; it's about helping your business get the financing terms you need. So the next time your bankers tells you they can't fi

It is normal for start-up businesses to have a budgeted capital. With no steady flow of income to support the demands of a new business, many new business owners realize the benefits of leasing equipment. However, one should be extra careful with great deal of research and review before signing the contract. 1. Understand your business credit and organize your finances before contacting a leasing company. If you have a decent credit, you can get a reasonable leasing terms even if you just started your business. The particulars of new businesses depend on the type of new business you are starting and the type of equipment you are leasing. 2. Leasing companies love giving start-ups a chance but they want to know your business plans. Have a concrete goal complete with a mission and vision of at least 5 years. Your leasing company may doubt you if you have doubts with your business plans as well. 3. Research and review on your leasing company. Once you have a short list of providers make sure to check them out thoroughly. Go to Google and run a search on them. Also run a search on social media sites like Twitter. Work only with established leasing providers like Axis Capital Group. 4. Once you have made sure that the leasing company is legitimate and not a fraud, make sure that they can accommodate your special needs before filling your application. 5. Be prepared to explain in advance any negative business results to a lease financing provider. For example, if you had a business loss in the previous years that led you to starting your new business explain why. A man from Jakarta, Indonesia had been interviewed by his leasing company when he once applied for a lease but did not tell that he has experienced loss from before. Turns out that the leasing company did a background check about him. In the end, he was not able to get the lease from that company and from the other companies that are associated to that company. He went abroad to app