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Aspiring To Be A Leading Manufacturer? Uptime Is Key

February 12, 2022 By Engs Commercial Finance

Predictive Maintenance in Industrial Equipment

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 […]

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

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

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

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

Adopt Sustainable Manufacturing Practices To Drive Profits

April 8, 2021 By Engs Commercial Finance

Sustainable Manufacturing Practices

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 […]

Filed Under: Blog, Industrial Tagged With: Industrial Equipment, Industrial Equipment Technology, Manufacturing, Sustainable Manufacturing

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