Commercial Financing Blog

Check out our blog articles to learn more about your financial options and the work we do here at Team Financial Group.

Want to stay up to date with our latest news and monthly highlights from our blog? Subscribe to our newsletter below.

Equipment Life Cycle

How to Match Financing With the Equipment Life Cycle

April 23, 2021

Your business depends on equipment to function, but it might seem like you need a crystal ball to figure out what equipment to buy, when to buy it, how to buy it, how to maintain […]

Read More →
Section 179 on Used Equipment

Can You Take Section 179 On Used Equipment?

February 2, 2021

Section 179 of the IRS tax code allows businesses to deduct the full purchase price of qualifying equipment for the current tax year — instead of writing off the purchase over the course of several […]

Read More →
how does inflation affect fixed rate loans

How Does Inflation Affect Fixed-Rate Loans? 

January 12, 2021

Inflation happens when prices rise, which means the purchasing power of your dollar falls. Although that sounds bad, most economists agree that a moderate inflation rate is necessary for a healthy economy, because it encourages […]

Read More →
How to Get a Business Credit Card for a New Business

How Do I Get a Credit Card for My New Business?

December 14, 2020

Starting a new business is a thrilling experience. After all these years, you’re finally ready to make your dreams a reality, and you’re poised for success. This new venture takes serious bravery, ambition, and finances, […]

Read More →
personal guarantee

Why Would I Personally Guarantee Financing if the Lease Is in My Business’ Name?

November 25, 2020

Small business owners frequently need to offer a personal guarantee to get commercial financing. Sometimes, these guarantees can cause anxiety for owners — it’s a little uncomfortable to put your personal assets on the line […]

Read More →
what is a ucc 1

What Is a UCC-1 Filing, and Why Do Lenders Use Them?

October 15, 2020

A UCC-1 is a financing statement that a creditor files to notify other parties that they have a security interest against one or all of your assets. UCC-1s sometimes cause confusion for business owners who […]

Read More →
how much working capital do i need

How Much Working Capital Do I Need for My Business?

September 8, 2020

Every business has its own working capital needs. Large companies more often have working capital lines of credit, allowing them flexibility to manage their working capital. For small businesses and newer companies, these lines of […]

Read More →
equipment finance agreement

What Is an Equipment Finance Agreement (EFA)?

September 1, 2020

An equipment finance agreement (EFA) is like a loan, security agreement, and promissory note all packaged together into a single document. EFAs also contain some unique features that make them one of the most popular […]

Read More →
manage cashflow

6 Ways to Better Manage Cash Flow

July 11, 2020

Managing your cash flow in your everyday operations is extremely important to your company’s success, and even more so when things start to get tight in terms of your ability to pay bills. Different articles […]

Read More →
how to cut business costs

How to Cut Your Business Costs: 9 Tips

July 7, 2020

Small businesses can become cash-strapped for lots of reasons, some of them beyond your control: seasonal fluctuations, natural disasters, and world events (we’re looking at you, COVID-19). If your business needs to cut costs, it’s […]

Read More →

What Our Clients Say


“The professionals at Team Financial Group have a clear understanding, knowledge, and experience in my industry, providing me with the confidence to deal direct and only with them when seeking financing. Team Financial Group is a true partner. I would highly encourage anyone in my industry, and [in] others, who is looking to finance equipment to strongly consider the great people at Team Financial Group.”

Todd Wenzel, President

Wenzel Automotive Group

“Thank you so much for being so quick and easy to do business with.
We really appreciate how Team Financial was willing to help out our business.
I can't express my gratitude enough.
I look forward to doing business with you in the future.”

Sarah Turner, Owner & CEO

Northwest Carriers, LLC

“We are continually impressed by the professionalism and responsiveness of everyone at Team Financial Group. They are thorough, efficient, and a customer service dream team (they could provide consulting and training in this regard). Team Financial Group takes the time to understand our company’s needs. Thanks, Team Financial Group, for all of your efforts in helping our business grow.”

Edward and Jacqueline Westerhof, Owners

EJW Investments, LLC

“We are extremely thankful to Team Financial Group for assisting us to secure stable financing for the leasing of our school buses. They took the time to understand our finances and funding source requirements and now we have a fleet rotation plan that works like clockwork. We like using locally based businesses as they help support locally based non-profits like us. They are a true ‘TEAM’ in every sense of the word.”

N. Priebe, CPA; Controller;

Michigan Family Resources

“A personal thank you for your attention and professionalism in processing our loan request. From the initial phone call, to a personal visit, then gathering the loan information, to the loan documentation and finally, personally depositing the check into our checking account-that’s service and attention we have never experience in our 29 years of being in business! Congratulations to your entire team! We trust we will be doing business again in the future.”

Jeff Hawks, President

Parkside Land Development, LLC - ProEx, Inc.

Get Started Today

Call Us at 616-735-2393

Apply For Financing

This won’t affect your credit score

Have a Question?

Send Us a Message

Curious About Financing?

View Packages

Subscribe to the Team Financial Group Newsletter

Each month, Team Financial Group sends out a newsletter comprised of the latest content from our blog and news from the financial world. If you'd like to receive the next newsletter, fill out the form and you'll be added to our list of subscribers.