Jeff Deskins, Vice President of our Banking Sector, and OneWorld Business Finance are happy to highlight some transactions we have successfully placed with our ICBA partners this year.
A new lease accounting standard was released by the U.S. Financial Accounting Standards Board (FASB) on February 25, 2016. These changes will become effective starting after December 15, 2018, for public companies and after December 15, 2019, for private companies.
What should your company be doing now?
Top 5 Tips for Lessees to Prepare for New Lease Accounting Rules Read More
Here are five highlighted transactions our Cooperative has funded so far this Quarter. We hope these give you a better understanding of how OneWorld helps US organizations meet their financial goals. Read More
The U.S. equipment finance market grew to over $900 billion in 2014 according to the Equipment Leasing and Finance Association. This asset category has typically been dominated by big banks and specialized lenders, but it doesn’t have to be. There are a lot of opportunities for community banks to enter the equipment financing market and reap rewards from their existing customers at relatively little cost. Read More
Unlike requirements of most traditional lenders, you may be able to arrange 100 percent financing of equipment with no down payment. This is key if cash flow is a concern to your business. Equipment financing is a source of funding that lets you hold onto your cash, or working capital, so it can be used for other areas of your business, such as expansion, improvements, marketing or R&D.Read More