Equipment Financing

Kingswood Disaster Relief Program

Red umbrella in storm
| Zeb Wright

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.

Downloading Kingswood Finance Tools

| Zeb Wright

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.

Big Mike’s Sports Bar & Grill

| Zeb Wright

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.