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Different Types of Contractor Equipment Rentals
Contractor equipment rentals can help you avoid the hefty financial hit of the initial purchase, dodge several repair and maintenance costs, avoid the risk of market fluctuations and depreciation, and allow you to focus on acquiring project-specific rental equipment rather than being stuck with an investment you cannot justify due to its relatively low usage. …
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How Used Equipment Financing Can Help Your Business
Used equipment financing is ideal for businesses that require a hefty investment in reliable equipment and don’t require the latest technology. Investing in new equipment can heavily compromise your cash flow, eat into your capital, and leave you vulnerable in times of crisis – especially during a global recession. One solution is to avoid buying…
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8 Types of Factory Machines to Lease
Factory machines come in all different shapes and sizes, from specialized equipment such as CNC machines to standard sand blasters. Factory machines or manufacturing equipment comes in dozens and dozens of different types. There are machines for pressing, folding, shaping, melting, cutting, machining, drilling, milling, shearing, twisting, tubing, and bending metal and polymer materials –…
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How Do Commercial Loans Work?
How do commercial loans work? There are a few different types of loans, for those with different needs and goals. Read on to learn about the specific options available. Most businesses need some windfall to get off the ground. It’s costly to start a company. There are manufacturing and logistic costs. There are storage costs.…
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When Should I Rent Medical Equipment For My Facility?
When should I rent medical equipment? It depends. There are many options when it comes to renting or buying equipment for your facility. Learn more. The United States has a reputation for having one of the most complex healthcare systems to navigate among the developed world. The US provides state-of-the-art medical care both to insured…
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Business Leasing: Everything You Need to Know
Business leasing can be a great tool to preserve capital and ensure that you don’t end up with the headache of needing to sell equipment. What is business leasing and when should you use it? Read below to find out. When managing a business, it is often wiser to lease property and equipment than take…
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Short Term vs. Long Term Financing
Understanding how short-term vs. long-term financing options differ allows you to better manage your company’s strategic goals and finances. Learn more about the differences below. It also helps understand the importance of long-term partnerships with lenders and find out how short-term financing allows you to stay on the cutting edge of the industry or compensate…
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What Is a Paydex Score?
Building up a strong Paydex Score and a healthier business credit score is essential. Learn what a Paydex Score is and how it may affect you. Financial relationships are at the core of any business. It’s how you conduct transactions with others that influence your company’s reputation and improves your likelihood of success – especially…
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How Does Equipment Leasing Work?
Leasing or financing equipment is a great way to expand and grow your business, but how does equipment leasing work? Setting up a successful business is very expensive. You need space, people, and equipment. Regardless of whether you’re manufacturing clothes, processing raw materials, or providing IT services, any new business needs the right tools for…
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The 8 Most Popular Types of Business Loans
Business financing and equipment leasing are essential aspects of growing your company – here are the eight most popular types of business loans and how they are beneficial. Seeking the right partner is at the core of any business’s long-term financing strategy. Financing is about more than just access to capital – it’s about building…
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