Financing

Equipment Leasing can enhance liquidity, promote cash flow and improve company balance sheet.

Growth and opportunity often require immediate action. Whether your equipment needs are born out of necessity or careful cost-benefit analysis, new technology offers immediate benefits to industries facing global competition and rising operating costs. Without sufficient time to review multiple years of financial disclosure proving sufficient business net worth and enough current cash flow to cover new debt, the answer you already heard from both local and national bank underwriters is "no."

Business owners with credit deficiencies face challenges financing new business equipment sold by dealers, vendors and manufacturers. Business owners with spotless credit profiles may still face headwinds when brokers, private parties and used equipment are involved in equipment transactions. Non-traditional lenders like CFLBC are here to offer a fast and simple approval process. We don't spend our time poring over your financials on transactions under $150,000.00 and your business strategy trumps balance sheet every time even on transactions up to $1 million.

We are here to help your industry take rapid advantage of discounts on equipment with a unique ability to finance both titled and non-titled transactions without age restrictions inclusive of services, delivery and other transaction costs.

Go here to fill out the commercial application:

https://cardiff.co/business/apply/

Preserving the American Dream

Home is where people relax after work. Home is how people build wealth. Home is where people raise families, where they send kids off to kindergarten and college.

It’s no surprise that owning a home has defined the American Dream for decades.

The dream extends beyond just buying a house to owning the right home–a home customized to build wealth and reflect the owner’s tastes. This broader vision explains why Americans spend over $300 billion on home improvement every year.

Unfortunately, millions of people lack the tools to make smart financial decisions during remodels. Consequences can be disastrous: too much debt, costly delays, and even foreclosure. This status quo is unacceptable in the 21st century.

Click Here for the application: Credit Application

Flexible financing through Wisetack

• Short application—takes just a minute to see your options
• Checking your options does not affect your credit score
• Terms from 3 to 60 months
• Annual Percentage Rate (APR) from 0% to 29.9%
• No prepayment penalties, origination fees, or compounding interest Example: a $2,400 purchase could cost $108.43 a month for 24 months, based ona 7.9% Annual Percentage Rate (APR), or $800 a month for 3 months, based on a0% APR. All loans are subject to credit approval. Your terms may vary. Wisetackloans are issued by Hatch Bank. See wisetack.com/faqs.

Few things enhance your home’s curb appeal more than attractive landscaping. Of course, landscaping projects can do far more than just add to the curbside aesthetics of your home—they can define your lot boundaries, create functional outdoor living spaces, and even increase the energy efficiency of your home.

If you’re ready to dig into a new outdoor lawn or garden project, here’s what you should know about landscape financing solutions.

What are my options for landscape financing?

Landscape projects are generally viewed as good investments; well-landscaped homes tend to sell more quickly and command higher prices than comparable properties—as much as 11% or more depending on where you live and the quality of the landscaping.

Did you know the American Society of Landscape Architects recommends homeowners spend about 10% of their home’s total value on landscaping? Not every homeowner is quite that ambitious, however; in 2017, most homeowners spent between just $1,500 and $5,000 on landscape projects.

Most personal finance experts encourage people to save up and pay cash for nonessential home improvement projects, but the calculus is a bit different when it comes to landscape financing, since landscaping can definitely increase the value of your home. Landscape is usually viewed as less risky in terms of return on investment than a luxury upgrade such as a pool or spa.

And if you’re trying to sell a home with less-than-spectacular landscaping, the right financing can get you the funds you need to complete the project quickly and land a buyer.

Should you use home equity to finance a landscaping project?

Landscape financing using the equity in your home is definitely an option—if you have enough equity to cover your project. These loans tend to have lower interest rates and longer terms (typically 20 to 30 years), but they can be extremely expensive to obtain.

In most cases, you’ll pay an application fee, appraisal fee, loan origination fee (which may include points to lock in your interest rate), documentation fee, and any number of miscellaneous expenses that can run into thousands of dollars. You may also pay a sizable prepayment penalty if you want to pay off your loan early.

Plus, home equity loans can take four to six weeks to fund, which can affect the timing and even the cost of your landscaping project.

Perhaps the biggest drawback, however, is that you’re using your home as collateral for your landscape financing, which means your lender could foreclose if you don’t make your payments as agreed.

Other landscape financing options may make more sense, especially if you’re looking at anything but the most expensive landscaping projects.

Zero-equity personal loans for landscape financing

Many homeowners prefer the idea of a personal loan for landscape financing, even if they have sufficient home equity. Zero-equity personal home improvement loans have a lot of advantages—not the least of which is that they don’t put your home at risk.

Beyond that, there are several features that make personal loans an attractive option for landscape financing:

• Unlike home equity loans, which usually have loan minimums of $10,000 to $25,000, personal loans have minimums as low as $1,000 to $2,000, so you can borrow only what you need for your project.
• Most lending partners have a loan maximum of $35,000, which is more than enough to finance even big-ticket landscaping projects like a high-tech outdoor kitchen and dining area.
• Although interest rates are a bit higher than with secured loans, personal loans have shorter terms, usually between three and seven years, meaning the overall cost of the loan is lower. Plus, there are no expensive upfront costs when you apply for your loan.
• The application process is quick and painless—and you can have your money in as little as a day or two, so you can get started on that new privacy fence right away.
• Monthly payments are fixed and predictable, making it simple to budget responsibly for your landscaping projects. There are also no prepayment penalties; if you decide to use your tax refund to pay off your loan ahead of schedule, you won’t be penalized.

Credit card financing for your landscaping project

Home improvement credit cards may be your best landscape financing option for smaller projects like sodding your lawn or installing an automatic sprinkler system.

Many credit card companies offer introductory interest rates of 0% for the first 12 to 18 months, meaning you get no-cost landscape financing, provided you can pay off the balance fairly quickly.

Home improvement credit cards may also be the most flexible and convenient option for your lower-ticket landscape projects. It’s easy to get “mission creep” when you’re tackling a DIY landscape project—you may decide that lovely brick patio you just installed would look so much better with a firepit and some outdoor lighting, for example.

When you’re using plastic for landscape financing, you can run to the home improvement store for those extras and simply swipe your card to pay (up to your credit limit, of course).

Of course, all that flexibility doesn’t mean you shouldn’t set a budget for your landscaping project upfront; it’s always a good idea to map out what you plan to spend and carefully consider any add-ons before you whip out your credit card.

There’s one drawback to consider, however: Once your introductory rate expires, your interest rates can climb as high as 16% to 20%, which drives up your monthly payment and overall borrowing costs. If your landscape project runs to tens of thousands of dollars, think twice before paying with plastic.