Blog

Category Archive: Construction

Unleashing the Power of Engagement: Safeguarding Your Business Through Employee Engagement
9/26/2023 11:57 AM

In today's fast-paced and competitive business landscape, protecting your organization goes beyond securing physical assets or intellectual property. The heart of any successful business lies within its workforce. Engaged employees serve as the driving force behind innovation, productivity, and growth, making it imperative for organizations to prioritize employee engagement as a means of safeguarding their business. 

The Dominance of Supply and Demand: Unraveling Its Impact on Construction and Transportation Equipment Companies
9/12/2023 1:17 PM

The world of construction and transportation equipment companies operate in a unique economic landscape, where the forces of supply and demand reign supreme. Simultaneously, the ripple effects of inflation continue to impact market dynamics.

Fueling Growth for Construction Equipment Dealers with Capital Loans From Equify Financial
8/29/2023 11:46 AM

As a construction equipment dealer, your success hinges on having a robust inventory of machinery and equipment to meet the demands of your customers. However, acquiring and maintaining a comprehensive range of equipment can strain your finances. That’s where Equify Financial comes in, offering capital loans against free and clear collateral specifically designed to support construction equipment dealers. 

Embracing the Challenge: How Technology is Reshaping Equipment Management
8/22/2023 3:29 PM

In today's fast-paced world, technology is advancing at an unprecedented rate, transforming every industry in its wake. The equipment industry is no exception. While technology has undoubtedly brought many benefits, it has also introduced challenges that businesses must navigate to stay competitive. We'll explore the reasons why technology is making equipment harder to deal with and how Equify Financial is at the forefront of helping businesses tackle these challenges.

Define Simple Interest and Its Benefits for Equipment Financing
8/15/2023 1:57 PM

As a construction professional, you know that having the right equipment is crucial for the success and growth of your business. At Equify Financial, we recognize the unique financing needs of construction employees like you. Our structured finance team is here to guide you through the process and provide the solutions you need. 

What’s the Future Look Like for Getting Equipment operators and Drivers?
6/7/2023 4:19 PM

As technology continues to advance, the future of the workforce looks increasingly different from what we’ve known in the past. In the field of equipment operations and transportation, this means change to the way we hire, train, and manage drivers and operators. Here, we’ll take a closer look at what the future might hold for these roles, and how businesses can prepare for these changes. 

What is a COI?
5/31/2023 3:46 PM

A COI, or Certificate of Insurance is an essential document that provides evidence of insurance coverage for a specific policy. It is often requested by third parties, such as vendors or clients, to ensure that a business has adequate insurance coverage and to protect themselves from potential liability.

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.

Secured Loans: What Are They?
5/18/2022 3:15 PM

What is a secured equipment loan and how does it work? Find out here! 

Updated - How to build a bridge over the concrete depression
4/20/2022 4:47 PM

The construction business is a vital part of the country, and it is a booming business. Thanks to it, we have places to stay, work, drive in, and even have fun. The beautiful skyscrapers and construction structures are all there thanks to the industry. Some structures such as bridges have been in existence for quite a long time now, spanning waterways, dryland depressions, over other roads, and even the railroads. 

Equipment financing myths you shouldn’t fall for
2/23/2022 9:09 AM

Here are five equipment financing myths that shouldn't deter you from financing equipment. 

What is the best financing solution for compact construction equipment?
2/16/2022 7:53 AM

Which option would be the best? Equipment leasing or financing?