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Category Archive: Construction

The Benefits of a Revolving Line of Credit
9/8/2021 7:37 AM
The Benefits of a Revolving Line of Credit

A business revolving line of credit is an open line of credit that allows you to borrow money to cover unexpected bills and charges. Businesses can use a line of credit to get cash to meet expenses that they couldn't afford with a credit card otherwise. Due to several factors or concerns, businesses may require financial help and flexibility. A revolving line of credit is a small company loan that provides firms with an infusion of accessible money

Equify Mine Expo 2021
9/7/2021 1:54 PM
Join us at MINExpo International 2021

Our team will be heading to the MINExpo International Conference in Las Vegas, Nevada September 13-15. Equify will be heading out to see all things new in the industry and to meet as many exhibitors and attendees as possible. 

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8/19/2021 11:19 AM
Things to consider to make the best equipment financing decision

There are many factors business owners should consider when deciding what industrial equipment financing best fits the needs of their company. 

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8/12/2021 10:39 AM
How construction companies can benefit from equipment financing

Heavy equipment financing is one solution construction companies can try to get the equipment they need to remain competitive, expand their business, and gain a ton of benefits.  

How To Build a Coattail Bridge Over The Concrete Depression
8/3/2021 5:39 PM
How to build a bridge over the concrete depression

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. 

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7/28/2021 4:12 PM
Utilizing asset-based lending for your company

Asset-based lending is one of the best ways for businesses to receive the capital they need. Check out some of the best thing about asset-based lending and see if it's the right move for your business. 

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7/7/2021 10:18 AM
What makes sense for your company: equipment lease vs. equipment loan

If you are looking for a way to grow your business and equip it to compete in new markets, investing in new machinery and equipment could be the answer. So then the question becomes, what form of heavy equipment financing is right for your company? 

How To Maximize Cash Flow Through The Use of Cap Loan; Equify Financial
7/2/2021 9:40 AM
How To Maximize Cash Flow Through The Use of Cap Loan; Equify Financial

What is a cap? A cap is an interest rate limit on a variable rate credit product that protects the consumer by limiting the amount that an interest rate can change over the loan term. Learn about what a cap loan is and how it can benefit you and your business. 

Contractors Expect To See Higher Profits In 2021
6/21/2021 8:23 AM
Contractors Expect To See Higher Profits In 2021

2020 was a challenging year for so many companies, let alone companies in the construction company. Thousands, if not hundreds, of construction businesses, shut down their operations after the coronavirus pandemic hit. And the leading cause of business closure was the lack of funding to keep the enterprises alive. More so, getting the chances of getting loans were slim, and only a few enterprises got to secure them.

Equify's Ability To Serve and Support The Ready Mix and Construction Markets
6/14/2021 10:48 AM
Equify’s Ability To Serve and Support The Ready Mix and Construction Markets

Ready-mix is being used increasingly in most domestic and commercial projects as compared to traditional concrete due to the several advantages ready-mix has over conventional concrete. Equify is ready to support your construction needs using the ready-mix concrete.

The Impact of increasingly higher material and labor costs on the Midwest construction companies
5/18/2021 10:43 AM
The Impact of increasingly higher material and labor costs on the Midwest construction companies

In construction, you need money. Everything from planning to finishing touches needs funding. And that is why most construction companies start with a plan in mind plus a budget to support every single item and service needed for a successful project.

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5/17/2021 11:38 AM
Tips to finding the right construction equipment financing partner

Finding the right financing partner for your construction equipment is essential to running and growing your business. It's not always easy to find that right partner, though. Here are some tips and things to do when you're going through the process of finding the financing partner that is best for your company.