Kingswood Disaster Relief Program

Red umbrella in storm

Equipment Financing, Bridge Loans, & Business Lines of Credit to get Businesses Back on their Feet

Kingswood Leasing has been around for 26 years and over the years has been witness to natural disasters that have affected many of our partners and clients. Sympathetic to the pain and suffering that was caused by these events, Kingswood has always taken every opportunity to do more than normal to help these people get back on their feet. That experience over the years has evolved into an established commitment to these individuals:

“I am developing a Kingswood Disaster Relief Program that will support the rebuilding of businesses affected by natural disasters.” ~ Clifford Metcalfe Jr., Owner & President, Kingswood Leasing, Inc.

Program Highlights

  • Reduced Fees: We’ve negotiated with our banks to limit documentation fees to an absolute minimum to process paperwork.
  • Flexible Payment Options: Qualified buyers may choose from several popular payment options, such as No Payments Due At Signing or 90 Day Deferred Payments.
  • Giving Back: We will donate 1% of the total financed amount to the American Red Cross towards the relief effort of the applicant.

Experience Matters

Businesses that have closed down have much more difficulty obtaining financing had they not had the calamity in the first place, it’s a fact of finance life. A less experienced finance professional may not take the time or know how to present a business that has experienced a natural disaster. Getting back on your feet is too important to risk. We suggest that you partner with an experienced finance professional like ourselves who can leverage over 200 years of combined financial experience to get these afflicted business owners the best terms available for their situation. Many finance companies either run away from or try to take advantage of these business owners. This finance company is running towards those in danger, and bringing to bear every available resource we can to get these business owners back on track.

We Want To Do Our Part, Tell Us How We Can Help

If you are a business owner in need of capital following a natural disaster, or know someone who is, please see our page and application customized for this program. This application asks some additional questions about the status of the business that will be relevant for the purposes of securing capital. And please do not hesitate to contact us should you have questions. We want to do our part, tell us how we can help.

Dover Children’s Home 10th Annual Golf Tournament

Kingswood Golfs For Favorite Charity

The entire staff of Kingswood Leasing was proud to support and attend our 6th consecutive Dover Children’s Home Golf Tournament. This charitable tournament is one of the largest events that the Dover Children’s Home puts on every year, generating much of the needed funding for their non-profit programs for children. Thousands of NH’s most vulnerable children have received exceptional care at DCH since 1893. Their personalized treatment allows the young people that they serve to gain self-confidence and experience significant improvement in their family relationships, decision-making skills, and school performance.

Fundraisers and donations of any kind translate into the program’s ability to provide exceptional care while attempting to provide a positive adolescent experience. DCH is committed to improving the lives of the young people placed in their care by offering a wide array of services, experiences, and opportunities that celebrate each child’s individual strengths and personal needs.

As one of only a few community-based residential treatment programs for children remaining in NH, it is more important than ever for Dover Children’s Home to provide a safe haven for young people to develop the skills they will need to become healthy, productive members of the community.

“To the Whole Team at Kingswood Leasing,
I cannot say enough Thank You’s to each and every one of you for your ongoing support of Dover Children’s Home! Thank you from the bottom of our hearts for all you have done and continue to do for us! Thank you for wrapping your arms so generously around us!
With much gratitude, Renee” – Renee Touhey-Childress, Executive Director, Dover Children’s Home

The staff of Kingswood Leasing had, yet again, a great time being a part of this event. Almost everyone either volunteered or played in the tournament, which was a lot of fun for everyone involved. We look forward to this event every year and we look forward to supporting the Dover Children’s Home for years to come.

What’s the difference between a Collection Account and Charged Off Account?

What is the difference between a Collection Account and Charged Off Account?

The quick answer is that there is a huge difference between how each can affect your credit score. On your credit report accounts can be categorized as either a Revolving Account - "R", Installment Account - "I", or Other Account - "O". A collection account is neither a revolving or installment account, and is therefore categorized as an Other Account. The balances for "O" accounts does not impact your score, so whether you owe $0 or $10K your score will not change. The greatest impact "O" accounts have on your score is in regard to their Date of Last Activity (DLA). The newer the date the more it impacts your score, which is why paying off collection accounts will usually lower your scores as it will renew your DLA.

Charged Off Accounts are more likely to be reported as Revolving Accounts, and therefore will affect your score differently. For example, "R" accounts not only consider the DLA but also the Balance Due. That is why whenever you are maxed out on a credit card account it has a dramatic effect on your credit score. The dilemma in these situations is trying to decide what is best - will it affect my score more to have the maxed out account charged off or to settle the account for less than agreed only to have it renew the DLA?

In those cases, we suggest a FREE consultation from our friends at National Credit Care. If you are a business owner, you can't afford to have sub-par credit. You work hard for your money. Save more of it by getting your credit score up as high as possible.

Downloading Kingswood Finance Tools

Quote & Convert Customers Using Your Smartphone

A lot of salespeople work out in the field or away from a desk. Being able to talk to a customer about finance options while they are considering your product offering is the best way to capture every potential sale. That is why our finance tools are easily accessible by any device that can connect to the internet. This includes Android and Apple smartphones.

Calculations Help Salespeople Convert More Sales

Quick and easy access to our finance calculator is the first thing a salesperson will want to secure. Our Kingswood Calculator enables any salesperson to quote finance options to their customers within seconds. Access to our Kingswood Calculator (or private calculators customized for your company) is easy when you download them to your smartphone by using the Add to Home Screen feature:

Both Apple and Android devices have this feature. Once added to your home screen, the calculator opens just like an app.

Converting Calculations into Applications

When a customer shows interest in the finance option as opposed to a cash purchase, the only other thing you will want to do to capture the sale is fill out an application for the sale. You can direct the customer to our Kingswood Application (or your private application customized for your company), or better yet, you can fill out the application for the client. Going over the simple, one page application with the client provides a superior experience and also ensures that the client takes mental ownership of the purchase they are about to execute with you. Downloading our application to your smartphone enables you to offer this experience to your clients whenever you have the opportunity. Use the same process shown above to download the finance application to your smartphone for quick and easy access.

Kingswood Welcomes Bob Janowski

Bob Janowski Joins The Kingswood Team

Kingswood Leasing, Inc. is pleased to announce that Bob Janowski has been added to Kingswood Leasing’s Account Executive Team. Janowski will be responsible for growing opportunities among our vendor network and for securing capital transactions for their business owners.

“Bob has had a remarkable career in the equipment finance industry, securing routine and complex financial solutions for major clients in the printing and packaging industry. He understands the challenges businesses face in funding long-term investments that propels growth. Bob’s background in capital equipment finance makes him uniquely positioned to promote a company’s investment opportunity and find the financial solution that enables that success. I am excited to see Bob’s impact on our business and to our momentum within the Executive team.” – Cliff Metcalfe III, Chief Operating Officer

Janowski’s 40+ years of experience will serve him well as he fulfills the role of a Senior Account Executive. Senior Account Executives manage a book of business that includes small start-up businesses to large Fortune 500 companies, while maintaining superior sales results and above average client satisfaction. Every business is unique and presents singular challenges that only an experienced finance professional can recognize as opportunity and turn into positive ROI for that firm. Janowski has exceptional understanding of the needs of Kingswood Leasing’s clientele and we look forward to his future serving our clients.

More about Kingswood Leasing

Kingswood Leasing Inc., a nationwide full service finance company specializing in providing capital solutions to start-up businesses and the restaurant industry, has provided vendor finance programs for capital equipment transactions of all types and amounts since January 1991. Kingswood Leasing has helped to secure financing for thousands of organizations, from the largest corporations to individually owned businesses.

How Much Does Your Credit Score Really Cost You?

What Is 1 Percentage Point Among Friends?

A while back our partners at National Credit Care sent us some shocking information. We know that someone with a relatively high credit score is more likely to receive the most aggressive terms compared to someone who has relatively average credit. We see this almost every day. What we don’t see is the potential savings over time that a client could earn with a little more focus and attention to their credit score. Lets go over some fun math!

Sample Scores & Rates from MyFico.com on a 30 year fixed mortgage loan for $250,000

760-850       3.447%

700-759       3.669%

680-699       3.846%

660-679       4.060%

640-659       4.490%

620-639       5.036%

The Difference Could Be Worth Half Of A Million Dollars or More!

In this example, the difference between what a person with a 639 score pays in interest versus what a person with a 700 score pays in interest is $78,000 for this one loan. That is a lot of money all by itself, but now consider all the other loans that one typically pays for in a lifetime; auto loans, credit cards, bank loans, etc. That could easily be a difference of over $100,000 because of the higher rates associated with those loans. If you have $178,000 to invest over 30 years, you could conservatively earn more than $325,000 with that money over that time period. Add that to the amount you paid in additional interest and a slightly lower credit score over 30 years has cost you at least half of a million dollars!

Isn’t It Worth Getting Your Credit Scores Up?

Don’t live with a low credit score. Contact us today and we will order you a free, no obligation, credit consultation call from the experts at National Credit Care. They will tell you exactly what they can do for you and your credit. And if you decide to enroll in one of their programs, Kingswood Leasing clients receive promotional pricing.

Request your free credit consultation today!

Kingswood Welcomes Patrick Signer

Patrick Signer Joins The Kingswood Team

Kingswood Leasing, Inc. is pleased to announce that Patrick Signer has been added to Kingswood Leasing’s Account Executive Team. Signer will be responsible for securing capital transactions for business owners from $2,000 to $500,000.

“Patrick brings a great attitude and is committed to superior customer service, which is exactly what we want our clients to experience. I’m excited to see Patrick’s impact on our business and watch him succeed at his new position. He has a great opportunity ahead of him and I look forward to him adding to Kingswood’s momentum.” – Cliff Metcalfe III, Chief Operating Officer

Signer’s superior sales and customer service background will serve Kingswood and himself well as he fills the role of an Account Executive. Account Executives manage a book of business that includes small start-up businesses to large Fortune 500 companies. Every business is unique and presents singular challenges that only an experienced finance professional can recognize as opportunity and turn into positive ROI for that firm. Signer has exceptional understanding of the needs of Kingswood Leasing’s clientele and we look forward to his future serving our clients.

More about Kingswood Leasing

Kingswood Leasing Inc., a nationwide full service finance company specializing in providing capital solutions to start-up businesses and the restaurant industry, has provided vendor finance programs for capital equipment transactions of all types and amounts since January 1991. Kingswood Leasing has helped to secure financing for thousands of organizations, from the largest corporations to individually owned businesses.

Big Mike’s Sports Bar & Grill

Kingswood Leasing Is Proud To Support Louisiana Business’ Return After Great Flood of 2016

In August of 2016 torrential rains dumped three times as much water as Hurricane Katrina in certain areas of Louisiana. Thousands of homes and businesses were literally underwater with significant damage. One of those hardest hit businesses was Big Mike’s Sports Bar & Grill. The flooding forced the closure of the business during a year where they were expecting to break there previous year’s record breaking sales. Mike O’Neil, owner of Big Mike’s, immediately started rebuilding with the hope of reopening within 6 months, but cash flow dried up within 3 months, which put the future of Big Mike’s in jeopardy. An employee of Big Mike’s who was anxious about the return of the business, Emily Ashford, reached out to Jon Taffer via Bar Rescue’s website, and asked for help. Bar Rescue and Jon Taffer responded, flew to Denham Springs, and set a goal of reopening the restaurant within two months.

The Make-Over

Taffer himself had concerns about the ambitious renovation and whether it could be finished on a two month schedule. Bar Rescue invested approximately $750,000 into Big Mike’s Sports Bar & Grill in October of 2016 to make it happen. Unlike most Bar Rescue businesses, this show wasn’t about rescuing a failing business, but a once thriving business that was devastated by the Great Flood of 2016. Kingswood Leasing was asked to secure approximately $85,000 in financing for the client in a very short time frame in order to fit into the production team’s schedule. The entire process from application to funding was accomplished within one week so that the new equipment Big Mike’s needed would be delivered and installed in time for the tv production crew’s filming schedule.

The Show

In the episode, titled “Bar over Troubled Water”, Taffer expresses his concern about the amount of work needed to do a complete renovation in less than 5 days. Taffer brought 50 crew members and hired 20 local laborers for the project, who worked around the clock for 5 straight days.

“In the end, I want Mike and Jocelyn to tell the people of Denham Springs that ‘if we were able to get back in business, so can you'” – Jon Taffer, Bar Rescue, Bar over Troubled Water

The one-hour episode premiered on Sunday, March 26th, and was watched by hundreds at the bar the same evening. At the end of the program acknowledgements were given to those that contributed to the cause, of which included Kingswood Leasing.

Here is a preview of the episode:

Proud Supporter

Kingswood Leasing is proud to support Big Mike’s Sports Bar & Grill. We couldn’t be more pleased that everyone trusted us to do our small part to make this a great story for the O’Neils. We congratulate everyone who helped make this possible and look forward to seeing this local community happy and thriving again.

If you would like to learn more about Big Mike’s Sports Bar & Grill visit their website at www.bigmikessportsbarandgrill.com.

9th Annual Bowl-A-Thon

“It Takes A Community To Raise A Child”

The Kingswood Kingpins Strike Back Once Again To Support Local Charity

Kingswood Leasing was proud to take part in the 9th Annual Dover Children’s Home Bowl-A-Thon, doing our part to raise funds for our favorite local charity. This year we were witness to another successful event where 90 teams and approximately 380 bowlers raised just under $27,000! All funds go back into providing the best quality treatment services for at risk youth at Dover Children’s Home.

“Kingswood Leasing was a huge contributor to our event, and we are absolutely thrilled with how the day turned out. Dover Children’s Home is so thankful for all of the support we have received and for everyone who helped make the day such a success!!” ~ Renee Touhey-Childress, Executive Director, Dover Children’s Home

The Kingpins Strike Again!

The entire team had a great time bowling with family and friends, but everyone at Kingswood was especially proud to earn recognition as this year’s top fundraising team. An honor we have now earned in back-to-back events. We would like to recognize some of our top contributors, who we share and owe much of this honor with:

  • Pawnee Leasing
  • Financial Pacific
  • Global Financial

Many more donors pledged and the support was overwhelming. We cannot thank you all enough for your generosity… Thank You, Thank You, Thank You!!

And The Theme-Wear Winner Is?!?!

Not us. Though we had a great time dressing up as Game of Thrones characters in our attempt to win best theme-wear for the event. Kingswood tips our bowling hats to the winner, Keller-Williams Reality, who won with a great ‘Where’s Waldo’ theme. Maybe it was the guy wearing the dress and blonde wig that threw off the judges?

However, not to be outdone, the Kingpins did take home one more illustrious honor… top score for our session! Looks like Daenerys will have to add one more title to her list of names… Daenerys Stormborn of the House Targaryen, the First of Her Name, Queen of Meereen, The Unburnt, Khaleesi of the Great Grass Sea, Protector of the Realm, Queen of the Andals, the Rhoynar and the First Men, Lady Regnant of the Seven Kingdoms, Mother of Dragons, Breaker of Chains… and now the Strike Queen??

Deleting Accounts That Negatively Impact Your Credit Score

The Problem:

A collection account reported to your credit bureau and is negatively impacting your credit score. You may have worked out a payment plan with the company or negotiated to pay off the account for less than the balance owed. These companies have little incentive to fairly and accurately report to your credit bureaus. This is a violation of the Truth in Lending Act, however, violations are rarely prosecuted.

The Answer:

When our client’s sign up to have their credit scores maximized with our credit repair services, one of the first actions our credit repair executives take is to aggressively seek a permanent deletion of the account as it pertains to the Fair Credit Reporting Act. The way the bureaus score collection accounts makes this the best option to pursue because even updating the information on this tradeline could potentially lower your score, even if you are paying as agreed. The most effective way to increase one’s credit score that is being negatively impacted by a collection agency is to remove that tradeline from your records altogether.

Do You Have Collection Accounts On Your Bureau?

Don’t live with collection accounts bringing your credit scores down. Your credit score is your first, best option to secure capital and assets. It is too important to be left in the hands of people working at collections agencies. Contact us and we will work to delete these negative accounts and increase your credit score.