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Improve Manufacturing Profitability Through Sustainability

August 24, 2022 By Engs Commercial Finance

As a manufacturer in the U.S., a common misconception is that focusing on sustainability is a result of government involvement and leads to decreased performance and profitability.  While government does play a hand in moving many industries toward sustainable practices, this doesn’t have to be a negative nor costly move. We’ve all seen the headlines […]

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

Lease vs. Buy; An Industrial Equipment Dilemma

July 9, 2022 By Engs Commercial Finance

Industrial Equipment Loans and Leases

Technology and markets are continually evolving, dividing industrial companies into three broad categories: innovators, followers, and status-quo. What determines which camp a business falls into is largely decided by who is at the helm; are they a risk-taker or conservative with the company’s resources?  First we’ll distinguish leasing versus buying, then apply those differences to […]

Filed Under: Blog, Industrial Tagged With: Industrial Equipment, industrial equipment leases, industrial equipment loans, Industrial Equipment Technology

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

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