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How Automation Is Helping Businesses Respond to Supply Chain Disruption

June 29, 2022 By Engs Commercial Finance

Robotics and Automation Equipment Financing

In today’s global economy, disruptions to the supply chain can have a ripple effect on businesses around the world. Severe weather conditions, labor strikes, natural disasters, and global pandemics can all cause delays and disrupt the flow of goods. In order to stay competitive in this environment, many businesses are turning to automation to help […]

Filed Under: Blog, Industrial

Commercial Insurance Strategies in a Post-COVID Marketplace

June 22, 2022 By Engs Commercial Finance

Commercial Insurance in a Post-Covid Marketplace

Commercial insurance carriers are having to adapt quickly to changes in the marketplace due to the COVID-19 pandemic. One of the biggest changes has been the introduction of new products, such as gap coverage, business interruption & contingencies, event cancellation coverage, and more. This has brought about the need for reinsurers and partnerships to ensure […]

Filed Under: Blog, Insurance

Supply Chain Constraints & the Metal Fabrication Industry

June 7, 2022 By Engs Commercial Finance

Supply Chain Constraints affecting the Metal Fabrication Inudstry

The current state of the economy has caused supply chain constraints to become a significant issue for businesses in a variety of industries. The metal fabrication industry is one such example. Due to shortages of steel, aluminum, and copper, metal fabricators are finding it increasingly difficult to obtain the materials they need to produce their […]

Filed Under: Blog, Industrial, Working Capital

Trucking Companies’ Strategies for Dealing with Rising Diesel Prices

May 21, 2022 By Engs Commercial Finance

Diesel Fuel Prices are rising, how are truckers managing price increases

Diesel prices have been on the rise in recent months, and trucking companies are feeling the pinch. The cost of diesel fuel accounts for a significant portion of business expenses for truckers, so when prices go up, it can be difficult to stay profitable. In this article, we will take a look at how trucking […]

Filed Under: Blog, Insurance, Transportation

The Electric Truck Market Is Heating Up

May 6, 2022 By Engs Commercial Finance

Financing Electric Semi Trucks for Sale

With new-to-market fully-electric manufacturers and traditional diesel manufacturers now developing partnerships with technology providers entering the fray, the next few years will see the electric semi truck market heating up with a handful of logistics companies already placing orders for regional delivery-rated trucks in the final stages of development.  First official manufacturer to serial production […]

Filed Under: Blog, Transportation Tagged With: Electric Trucks, Semi Truck Leases

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