Commercial finance companies have in recent years become a favorite option for entrepreneurs seeking small business loans. It’s sometimes better to have your finance arranged before you go to the suppliers as you can get a better price and selection as you are not locked into one vendor. Knowing your credit score before you seek financing can give you more leverage when negotiating a loan with a finance company or other type of lender, she says. Some nonbank finance companies are captive” nonbanks, meaning they are owned by auto manufacturers and generally do only indirect lending.
So people who have …

