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Repair or Replace? It’s Time To Replace Your Industrial Equipment

October 15, 2021 By Engs Commercial Finance

Using Industrial Equipment Financing to purchase new equipment

If you’re like most industrial businesses, you are always looking for ways to improve efficiency and lower costs. One way to do this is by repairing or replacing your industrial equipment. Repairs can be costly, especially when you have to do them regularly. Yet without a working machine you are stuck in limbo and unable […]

Filed Under: Blog, Industrial Tagged With: Fabrication Equipment, Industrial Equipment, Industrial Equipment Technology, Machine Tools

Put It Out To Pasture: When Replacement Makes More Sense Than Repairing Machinery

March 25, 2020 By Engs Commercial Finance

Machine Tool Loans

When you buy heavy industrial machinery you spend a lot of time researching your next purchase, sometimes hiring consultants to aid in your selection process. The hope is that you can use this machine or piece of equipment for decades to come, however, in most instances this isn’t feasible due to wear and tear/costly repairs […]

Filed Under: Blog, Industrial Tagged With: Fabrication Equipment, Industrial Equipment, Industrial Equipment Technology, Machine Tools

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