Finance Packages From Ups
It's not just brown paper packages tied up with string. Starting this month, United Parcel Service launches its UPS Capital subsidiary, hoping to woo small-business dollars with logistics and financing offerings that complement its delivery system. That will include equipment-leasing up to $250,000, as well as warehouse storage and inventory factoring. The company promises competitive rates, though it admits "they won't go unmatched in the market." If you do a lot of shipping, the offers are certainly worth a gander. Otherwise, you might still find cheaper alternatives from traditional lenders and warehousers. The best news: Having the Men in Brown in the game should put competitive pressure on the likes of American Express and GE Capital, each of which offer their own equipment leasing.