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How To Avoid A Costly Crash

If you are working with an industrial CNC machine, there are risks involved that can lead to a costly crash. Machine tool operator errors are commonly caused by a user or programming error. While safety training and certification can help protect workers, you also want to minimize financial loss. Here is where operator error insurance […]

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What Is Section 179 and How It Can Help Grow Your Business

Growing your business starts with finding the best practices for routine tasks, such as paying business fees and filing taxes. You have to be aware of beneficial deductions like Section 179 in order to utilize these in a timely manner. Section 179 is a tax deduction that applies to equipment and machinery depreciation to the […]

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Building Business Credit with Equipment Loans

Financing equipment does more than just provide your business with a new excavator or fleet of tractors or trailers. When you use equipment loans to purchase new or used machinery, you are also building business credit. Consider the benefits of building credit for a business with the use of loans and equipment finance. See how […]

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Is My Construction Equipment Covered With My Commercial Property Policy?

Transporting heavy equipment to and from worksites presents some inherent risks, and construction companies need to make sure their equipment is protected against damage when it’s moved. If you’re in the construction industry, here’s how to make sure your equipment is covered both at your facility and when on the road. Commercial Property Coverage Extends […]

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What’s Next for the Economy: Growing Your Business In 2021

So, what comes next? After a year of unprecedented markets, what should be expected for the economy, business growth and industry change? Businesses are going to need to find the funding and support to continue to change with economic recovery. Alternative financing options and business loans may be the ideal solution for those who are […]

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Why 2021 Is the Perfect Time to Invest in New Equipment

With more and more states opening back up for business, now is the perfect time to look at expanding your company’s capabilities. Circumstances have come together to make this an ideal time to buy new equipment to either expand operations or replace older, outmoded models. Write Off Your Equipment Costs In the past, equipment for […]

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Is My Construction Equipment Covered With My Commercial Property Policy?

Is My Construction Equipment Covered With My Commercial Property Policy? Transporting heavy equipment to and from worksites presents some inherent risks, and construction companies need to make sure their equipment is protected against damage when it’s moved. If you’re in the construction industry, here’s how to make sure your equipment is covered both at your […]

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How Collateral Value Can Influence Your Loan Interest Rate

A lot of people don’t realize just how many different factors go into determining financing rates related to items like printing presses, vertical mills, industrial planers and other types of commercial industrial equipment. The business and owner’s/guarantor’s credit score plays a role in determining your rates, yes – but that’s just one small part of […]

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Tips for Truckers: Managing Stress On The Road

A commute to work can be stressful—more so if your commute is your job.  Dealing with stop-and-go traffic, unpredictable weather, irresponsible and dangerous drivers, maintenance and repair concerns, and managing a delivery schedule can compound into a nauseating career indeed.  Fortunately, you don’t face these challenges alone.  We’ve assembled a handful of tips to help […]

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Adopt Sustainable Manufacturing Practices To Drive Profits

It’s a common misconception to think that profitability will be higher when environmental concerns are minimized.  In fact, in 2010, The World Economic Forum and Boston Consulting Group joined forces to identify and compare companies with the most effective sustainability practices, ranging from $25M to over $5B valuation.  What they found from their study of […]

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Machine Tool Crashes: Big Problem, Bigger Solutions

The most crucial part of your CNC machine is not the cutter. It’s not the lathe or the tools or any of the parts you can buy online. The most crucial part of any CNC machine is the programmer. It’s also the part that has the potential to cause the most problems! Even the best […]

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3 Simple Steps To Improving Your Business Credit

Your business has strong cash flow, a strong balance sheet, and strong contracts from customers ensuring a solid future, do you still need to worry about establishing and maintaining good business credit?  In short, yes.  Credit is used for more than simply applying for a loan or credit line, many vendors and prospective customers in a […]

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Aspiring To Be A Leading Manufacturer? Uptime Is Key

We all know that in manufacturing, when the machines aren’t running they’re not making money.  We spend a healthy portion of human resource time on selling our services and products to fill the shifts, and another portion on repairing and maintaining equipment.  Wouldn’t it be great to spend less time fixing and more time running […]

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Construction Equipment Auctions: 4 Successful Bidding Tips

From a simple nod to a raised sign, to a wave of the hand, auction bidding is nuanced with numerous gestures that are often too subtle for a first-time auction attender to capture.  One moment you’re holding the winning bid the next you’re three bids behind.  Auctions are fast-paced and can be gut-wrenching or exhilarating […]

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How IoT is Shaping the Industrial Equipment Market

For decades we’ve seen incremental innovations and improvements to manufacturing and machining equipment creating higher precision, faster production, and increased reliability.  This is anticipated progress.  What wasn’t expected was the disruptor of Internet of Things (IoT) becoming a reality and promising a leap forward in manufacturing efficiency and cost-effective maintenance. What is Internet of Things? Internet of Things, […]

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New OTR Owner/Operator? Project Your Profitability Like A Veteran

Starting and running your own business is never a simple undertaking, but those who run their own trucking businesses have their own unique set of challenges. Several variables are considered when calculating the expected business operating costs. On average, an owner-operator trucking business needs to bring in $180,000 each year just to break even, which comes […]

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How Technology Is Shaping The Logistics Industry

We’ve examined the impact technology is having in the trucking industry in the past, though today we’re going to take a close look directly at it’s impact on the logistics firm, both in-house and in concert with 3rd-party carriers.  Keep in mind that many of these technologies will be applicable to the entire supply chain […]

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Prepare Your Commercial Trucks for Winter

North America is a beautiful continent to explore throughout the year—with 4 distinct seasons through much of the northern regions.  The gorgeous reds, oranges, and golds of Fall will swiftly change to bare trees and ice and snow up north.  Fortunately, we have time to plow through the winter maintenance checklist.  If you don’t have […]

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What’s Next for the Economy?

Traditional forms of financing will be limited in 2021, in light of the current economic situation and how it has been impacted by the COVID-19 pandemic. Much of what you will be able to borrow will have to do with your financial performance in 2020. So, what’s next for the economy? Where can you turn, […]

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Moving Manufacturing Forward in the Midst of a Pandemic

The COVID-19 pandemic has impacted nearly every industry in some way, including manufacturing. At the beginning of the pandemic, the industry all but shut down, except for manufacturers that were creating crucial products. Even in March, over 35% of manufacturers were experiencing supply chain disruptions, and that number has continued to grow over the last […]

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