The outbreak of the Coronavirus pandemic has put the world on high alert, and forced governments to take drastic action in order to stem the flow of infections. In an effort to get us back to normal as soon as possible, a number of closures, social distancing methods and closed borders have been implemented. Hopefully…

When it comes time to buy new forestry equipment, or upgrade your existing equipment, financing can play a huge role in giving you both peace of mind, and a structured plan that you can keep close track of. This is great for the growth of your business, your balance sheet, and the reduction of your…

If you’re looking to expand your industrial business with new equipment, it can pay to finance your new machine instead of paying cash or using a Line of Credit.  Not only does it provide peace of mind over the long term, but it can provide secondary opportunities for growth over the lifespan of the contract. …

Capital Expenditures (CAPEX) are a necessary part of any business, and that’s especially true if you’re looking to acquire new equipment for your firm.  These expenses revolve around the funds that a business uses to purchase and maintain new equipment, or upgrade existing equipment.  Contrary to Operational Expenditures, which are day-to-day, Capital Expenditures focus more…

It’s a new year, and a new decade.  We begin 2020 with a strong economy, and that means good things moving forward.  If you’ve contemplated financing new equipment for the new decade, here are some good questions to ask. #4) HOW DOES THE ECONOMY LOOK? The tail end of 2019 saw a lot of Canadians…

Buying used construction equipment can act as a springboard for faster business growth, but it’s a slightly murky pool that requires the buyer be vigilant. There are times when a construction firm can benefit from investing in used equipment over brand new, which depends on a variety of factors including available revenue, projected growth forecasts and…

The nature of financing construction equipment is complex, with lots of moving parts. They must take into account a few factors in order to plan for annual expenses. Of course, construction equipment is usually a factor when it comes to these expenses, which is why financing is such an attractive option for those involved in the business. Let’s…

Over the past several years, the manufacturing financing sector has been experiencing a monumental revival in North America. Today’s manufacturing companies have a lot to look forward to, and that means planning ahead for future business and growth. In this current climate, it makes perfect sense to finance manufacturing equipment and reap the advantages. Whether you’re just starting…