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Building Business Credit with Equipment Loans

March 6, 2022 By Engs Commercial Finance

Construction 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 […]

Filed Under: Blog, Construction Tagged With: construction company, construction equipment, construction industry, construction tractors, Equipment Financing

Why 2021 Is the Perfect Time to Invest in New Equipment

September 30, 2021 By Engs Commercial Finance

Fabrication Equipment Loans

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 […]

Filed Under: Blog, Industrial Tagged With: Equipment Financing, Industrial Equipment, Industrial Equipment Technology

How Manufacturing Adapted Amid the Pandemic

September 9, 2021 By Engs Commercial Finance

Manufacturers adapted during the pandemic

As we round out 2021 and enter the tumultuous winter months here in the US, let us reflect. While many business owners are more than ready to move forward, there are several ways COVID-19 continues to challenge the marketplace and the economy. About Manufacturing Adaptations New shipping demands are being expected across most industries. There […]

Filed Under: Blog, Industrial, Working Capital Tagged With: Equipment Financing, Industrial Equipment, Working capital

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

August 10, 2021 By Engs Commercial Finance

Machine Tool Loans

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 […]

Filed Under: Blog Tagged With: Equipment Financing, Industrial Equipment, Industrial Equipment Technology, machine shop, Machine Tools, Manufacturing

Construction Equipment Auctions: 4 Successful Bidding Tips

January 17, 2021 By Engs Commercial Finance

Construction Equipment Auctions

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 […]

Filed Under: Blog, Construction Tagged With: construction equipment, contractor, Equipment Financing

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