private equity – Industrial Talk

Domenic Rinaldi with Sun Acquisitions is talking Industrial M&A Strategies for Success

Scott MacKenzie — Fri, 17 Jan 2020 15:00:00 +0000

In this week's Industrial Talk Podcast we're talking to Domenic Rinaldi, Managing Partner at Sun Acquisitions about 4-M&A Steps to Ensure Proper Preparation and Financial Success. So you're interested in expanding your Industrial “footprint”. Well, you can grow organically over time or you can entertain industrial expansion strategies that include Mergers and Acquisitions of businesses that meet your expansion objectives. In both all cases you need a skilled M&A team focused on your success. Learn more about Domenic and his wonderful team at Sun Acquisitions on how to leverage their valuable insights into creating solid solutions for your M&A strategies. Find out more by the links below:

Company Website: https://sunacquisitions.com/

Company Facebook: https://www.facebook.com/sunacquisitions/

Company LinkedIn: https://www.linkedin.com/company/sun-acquisitions-llc/

Personal LinkedIn: https://www.linkedin.com/in/domenicrinaldi/

Company Instagram: https://www.instagram.com/maunplugged/

Twitter: twitter.com/MAUnplugged

PODCAST VIDEO:

OTHER GREAT INDUSTRIAL RESOURCES:

InforEAM: https://www.infor.com/products/eam

Safeopedia: https://www.safeopedia.com/

Industrial Marketing Solutions: https://industrialtalk.com/industrial-marketing/

Industrial Academy: https://industrialtalk.com/industrial-academy/

Industrial Dojo: https://industrialtalk.com/industrial_dojo/

Safety With Purpose Podcast: https://safetywithpurpose.com/

YOUR INDUSTRIAL DIGITAL TOOLBOX:

LifterLMS: Get One Month Free for $1 – https://lifterlms.com/

Active Campaign: Active Campaign Link

BombBomb: BombBomb Link

Social Jukebox: https://www.socialjukebox.com/

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The post Domenic Rinaldi with Sun Acquisitions is talking Industrial M&A Strategies for Success appeared first on Industrial Talk.

Industrial Leasing Strategies and Benefits with Keith McAslan

Scott MacKenzie — Mon, 12 Aug 2019 18:34:00 +0000

BACKGROUND:

The key with leasing is understanding if someone wants a Capital or Operating Lease. An operating lease is treated like renting — payments are considered operational expenses and the asset being leased stays off the balance sheet. In contrast, a capital lease is more like a loan; the asset is treated as being owned by the lessee so it stays on the balance sheet.

The differences are significant and as follows:

CAPITAL LEASE (also known as – FINANCE LEASE or SALES LEASE):

A capital lease is a lease in which the lessor only finances the leased asset, and all other rights of ownership transfer to the lessee. This results in the recordation of the asset as the lessee's property in its general ledger, as a fixed asset. The lessee can only record the interest portion of a capital lease payment as expense, as opposed to the amount of the entire lease payment in the case of the more common operating lease.

The criteria for a capital lease can be any one of the following four alternatives:

Ownership – The ownership of the asset is shifted from the lessor to the lessee by the end of the lease period; or
Bargain Price Option – The lessee can buy the asset from the lessor at the end of the lease term for a below-market price; or
Lease term – The period of the lease encompasses at least 75% of the useful life of the asset (and the lease is non-cancellable during that time); or
Present value – The present value of the minimum lease payments required under the lease is at least 90% of the fair value of the asset at the inception of the lease

If a lease agreement contains any one of the preceding four criteria, the lessee records it as a capital lease. Otherwise, the lease is recorded as an operating lease. The recordation of these two types of leases is as follows:

Capital lease. The present value of all lease payments is considered to be the cost of the asset, which is recorded as a fixed asset, with an offsetting credit to a capital lease liability account. As each monthly lease payment is made to the lessor, the lessee records a combined reduction in the capital lease liability account and a charge to interest expense. The lessee also records a periodic depreciation charge to gradually reduce the carrying amount of the fixed asset in its accounting records.
Operating lease. Record each lease payment as an expense and therefore reduces operating income and lessens the tax laibility. There is no other entry.

THE MIDAS ADVANTAGE:

MIDAS will work directly with your business to create a fixed rate leasing solution to acquire equipment from one or multiple manufacturers. The MIDAS team can quote competitive payments designed to fit into your budget. Simply select all of the equipment; then, we develop buyout (Fair Market Value, $1) and pricing (monthly, quarterly, annually) options for you to choose for your lease financing program.

Business owners seeking immediate capital, leasing solutions to grow their respective businesses and either have no credit issues or have issues we have discussed today need to contact me immediately at keith@midas-financial.com or call me at 303-520-2493.

OTHER INDUSTRIAL RESOURCES:

Safeopedia: https://www.safeopedia.com/

Industrial Marketing: https://industrialtalk.com/industrial-marketing/

Industrial Academy: https://industrialtalk.com/industrial-academy/

Industrial Dojo: https://industrialtalk.com/industrial_dojo/

YOUR INDUSTRIAL DIGITAL TOOLBOX:

Bliss Drive: https://www.blissdrive.com/

Active Campaign: Active Campaign Link

BombBomb: BombBomb Link

Social Jukebox: https://www.socialjukebox.com/

OTHER RELEVANT PODCASTS:

Unsecured Industrial Loans with Keith McAslan

Industrial Sales: Gigantic Industrial Position!

The post Industrial Leasing Strategies and Benefits with Keith McAslan appeared first on The Industrial Talk Podcast with Scott MacKenzie.

The post Industrial Leasing Strategies and Benefits with Keith McAslan appeared first on Industrial Talk.

Unsecured Industrial Loans with Keith McAslan

Scott MacKenzie — Fri, 09 Aug 2019 13:37:00 +0000

Background: Now that we talked about the importance of good credit in a previous Industrial Talk podcast, now let’s focus on getting a business loan for working capital, expansion, inventory, receivables or perhaps payroll if cash is coming in slowly. One item of note is personal credit is not weighted as heavier as the viability of the business for business loans, however having a credit score above 600 is key.

Business Background:

Years in business: 2 years plus

Annual Revenue: $100k plus

Unsecured Business Loans (does not impact personal credit or require a personal guarantee):

Loan Amount ranging from: 50k-500k

Rate starts at 4.99%

Terms: 6 mo, 12mo, 18mo, and up to 5 years

Business Documentation Required:

Complete a lending application that includes information about your business
Last 2 years business tax returns (all pages must be included)
6 Months of Business bank statements
Business Tax License and EIN (If applicable)
Articles of Organization,
2 months of recent utilities bill for business
Driver License both sides (must be clear and show all corners of the driver’s license – usually a photo using your smartphone is best versus a scan)
Social Security Card both sides

Time to Process and Fund:

Typically, once all the information is submitted the application is reviewed and can be closed in 10 days. However, if any information is missing, incomplete or ineligible that will delay the processing and extent the approval time.

Business owners seeking immediate capital to grow their respective businesses and either have no credit issues or have issues we have discussed today need to contact me immediately at keith@midas-financial.com or call me at 303-520-2493.