How Does AI Look in the Transportation Industry?
5/24/2023 3:51 PM

The transportation industry is one of the largest and most complex industries in the world, with a wide range of stakeholders, including manufacturers, logistics providers, and retailers. With the help of Artificial Intelligence (AI), the transportation industry is undergoing a significant transformation, with companies using AI to streamline operations, increase efficiency, and reduce costs. 

How Does Artificial Intelligence Look in the Construction Industry?
5/17/2023 12:20 PM

AI is revolutionizing the construction industry by addressing safety concerns, labor shortages, and material costs. Predicitve maintenance saves time and money, while autonomous vehicles increase efficiency and safety. AI ensures quality standards and identifiese safety hazards in real-time. Equify Financial supports construction companies in accessing AI-enabled equipment and technologies for a competitive edge. Embracing AI transforms the industry for a brighter future. 

Join us at American Towman ShowPlace 2023
5/15/2023 7:38 PM

Join our team at the American TowMan ShowPlace on May 16-18 in Las Vegas.

How Does Fuel Cost Affect My Transportation Business?
5/10/2023 10:22 AM

Fuel costs have significant impact on transportation businesses, affecting profitability, cash flow, employee retention, and supply chain.  To mitigate these challengees, monitor fuel prices, invest in fuel-efficient vehicles, negotiate contracts with fuel surcharges, and optimize transportation routes. Equify Financial offers financing solutions to navigate fuel cost challenges. Contact us to learn more and improve your business's profitability. 

Join us at the 2023 Con Expo Annual Conference
3/14/2023 11:24 AM

Join our team at the Con Expo Annual Conference, March 14-18 2023 in Las Vegas. 

The Steel Shortage, Rising Prices, and How It Affects the Equipment Market
2/22/2023 2:48 PM

An unembellished shortage in steel is the current plague clouding the manufacturing industry. The effects of the pandemic were dwindling. Manufacturers expected an end to many of their troubles. Unfortunately, that has not been the case. All indicators point to a continued plague known as the steel shortage.  Steel is a raw material that many fields use, so the effects of the steel shortage span numerous industries like construction, automotive, consumer applications, heavy machinery, energy, and transport.

Tips to Increase Bonding Capacity
2/8/2023 2:33 PM

Insurance is an important part of every business, let alone construction. So much so, that when we focus on a construction bond, we are essentially talking about an insurance policy. This policy protects the parties involved in the bond if the work does reach completion, payments are not made, or repairs are not made within the warranty period.

Develop my Paynet Score and Build Good Business Credit
2/1/2023 11:58 AM

Entrepreneurs work very hard to get their businesses off the ground. This is an investment that most people would like to have and those who are into business, know that it takes work to make it successful. Apart from the work, business people also need support from financial institutions to ensure they have all they need to improve their businesses.

Logistics, Inventory Control, and Supply Chain Management
1/25/2023 4:48 PM

Logistics involves controlling the movement of commodities between the source and the point of consumption to suit the needs of customers or companies. In logistics, tangible products such as materials, equipment, supplies, food, and other consumable things are managed.

Assisting Traditional Banks By Working Out Non-Compliant Bank Loans
1/18/2023 2:47 PM

Banks offer financial assistance to various individuals and companies for countless reasons, but all too often these loans become non-conforming and fail to meet the bank's criteria for funding. Before we dive deeper into non-compliant loans, it is important to first understand what they are.

How An Equipment Line of Credit or Revolver Can Help Your Cash Flow
1/11/2023 1:41 PM

A revolving credit facility is a credit line set up between a bank and a company. It has a set maximum amount, and the company can use the cash whenever it is needed. A revolving credit facility is sometimes known as an operating line, a bank line, or simply a revolver.

Bonding Capacity 101: Simple Steps to Increase Bond Capacity
1/4/2023 4:13 PM

The construction market is expanding and improving every day. Contractors need to increase their bonding capacity to bid on larger projects. Higher bonding capacity helps prove that you are an established business that can complete projects. Bonding capacity helps contractors, like yourself, work through backlog by expanding business opportunities.