To run your construction business efficiently and successfully, you need to replace aging equipment before it reaches the end of its useful lifespan. Otherwise, you could be left stranded with an inoperable bulldozer, losing valuable time while you wait for the replacement to arrive. In this article, we’ll cover five [...]
To run your logging business efficiently and sustainably, you need to invest in the latest equipment and technology. In this article, we’ll cover the evolution of logging equipment over the years, look at current trends, and help you evaluate whether it’s time to upgrade your equipment. Ready to invest in [...]
Working capital is a great short-term capital solution to help your businesses cover a variety of operational expenses. Utilizing working capital preserves your cash position and can be a good alternative to longer term financing. In this article, we share four working capital strategies for investing in your business. What [...]
Knowing what to expect and how to best prepare for your equipment financing application can help you get approved. In this article, we cover the 5 most common challenges we see during the application and funding process and how you can overcome them. If you have any questions, we’re here [...]
Before you invest in the necessary equipment for your business, exploring your options is always a good idea. Even for established companies, buying new isn’t always the most cost-effective solution. Pre-owned equipment can be just as reliable, at a fraction of the cost. But if you’ve never had to look [...]
Fleet managers have been hit hard in the last year due to a variety of factors such as lower freight rates and higher gas prices. As your experienced equipment lender, we understand the challenges faced by the transportation and service industries. In this article, we’ll cover the latest challenges to [...]
Operating a towing business can be challenging. Calls come in at all hours of the day and night, customers aren’t always pleasant to deal with, and working in all weather, at all times of day and night, can lead to injuries.. However, the benefit of owning a towing business is [...]
As a business owner, depreciation is an important factor in your accounting process and equipment purchasing decisions. The rules for calculating depreciation and taking an allowance on your tax return are set by the IRS. We always recommend going to your accountant or tax advisor for specific advice about how [...]
Purchasing equipment for your business is a necessary investment in your success. However, there is a lot to consider before making a purchase decision. In this comprehensive guide, we’ll explain everything you need to know about financing pre-owned equipment versus buying new. What is Used Equipment Financing? While the structure [...]
Depending on where you’re located, the winter months may bring a slowdown for your landscaping business. However, your work (and income) doesn’t have to stop altogether. Check out these 6 ideas for services you can offer over the winter to your regular customers. Snow Removal If you’re located in a [...]