June 20, 2019
At FaaStrak, we connect equipment vendors with businesses that need equipment. Then, we connect these businesses to lenders to give them funding options for the equipment they need. By having a range of different equipment vendors in our marketplace, we offer several different services to businesses that need industrial equipment,
June 20, 2019
What is a direct lender? Direct lending is a form of funding where lenders loan money directly to businesses without the use of a broker or other intermediaries. Essentially, there is no middleman. So, instead of going to say, FaaStrak, to find a loan, you’d go directly to the lender.
Brokers sell things. Merriam-Webster says a broker is “one who acts as an intermediary: such as an agent who negotiates contracts of purchase and sale.” In this case, an intermediary is someone who is the middle-man – a real estate broker sells a house on behalf of the homeowner because
Opening a new restaurant or expansion of an existing business requires a lot of new equipment. This poses many challenges on top of costly equipment expenses. Restaurant equipment financing through FaaS, or Financing as a Service, is the solution that is making these pitfalls a thing of the past. Point-of-Sale
April 18, 2019
Sifting through countless websites and advertisements can be very daunting for your potential customers. There isn’t a Buzzfeed article for “The 17 Best Equipment Leasing Companies” or better yet, “The Umpteen Best Restaurant or Automotive…or whatever niche you cater towards”. These customers know what they need, but do not know