Category Archive: Industry News

Press Release - Equify Financial Announces Leadership Transition
1/30/2024 4:54 PM

Equify Financial proudly announces a pivot in its leadership team. Patrick Hoiby, currently serving as President and who has played an integral role in the company since its founding, has been promoted to Chief Executive Officer.

Capital Loans vs. Purchase Money Loans: A Deeper Dive into Business Financing Options
1/16/2024 12:58 PM

Understanding the different types of loans available can be a game-changer for businesses, especially when it comes to financing major purchases or sustaining growth. In this blog, we delve into the specifics of Capital Loans and Purchase Money Loans, offering a comprehensive guide to help businesses choose wisely.

Exploring the Impact of Emerging Trends in Autonomous Transportation on Efficiency
1/9/2024 9:16 AM

Autonomous transportation is rapidly reshaping the landscape of various industries, including construction and transportation. As technology advances, the integration of autonomous vehicles and machinery presents numerous opportunities for increased efficiency, safety, and operational optimization. Let's delve into the transformative impacts of these emerging trends on equipment end users. 

Equipment Financing Trends 2024: What Dealers Need to Know
12/27/2023 1:22 PM

As we step into 2024, the landscape of equipment financing for construction and transportation dealerships continues to evolve, presenting new trends and shifts that are crucial for dealers to understand. Let's explore these latest trends and their implications for dealerships seeking informed decisions in their financing strategies.

Setting Business Goals for Your Construction Equipment Company in the New Year
12/5/2023 2:06 PM

For construction equipment businesses, the new year is an ideal time to evaluate past performance, plan for the future, and set goals that will lead to growth and success. In this article, we will delve into the importance of setting goals specific to construction equipment companies and provide a comprehensive guide to help you establish meaningful and achievable objectives for the upcoming year.

Understanding the Impact: Federal, State, or City - What Affects Business More?
10/31/2023 11:25 AM

As businesses navigate the intricate web of regulations and policies, understanding the varying impacts of different levels of government becomes essential. From federal to state and city jurisdictions, each level has a unique role in shaping the business landscape. Equify Financial, a leading advocate for entrepreneurial success, delves into the crucial question: "What affects businesses more, federal, state, or city?" We aim to shed light on the distinct influences these different levels of governance exert on businesses, helping entrepreneurs make informed decisions and thrive in a dynamic marketplace.

How to Future-Proof Your Small Business: A Guide to Success
10/3/2023 9:03 AM

In today's ever-evolving business landscape, staying competitive and thriving as a small business owner requires more than just a great product or service. To ensure long-term success, you need to future-proof your small business by adapting to changing circumstances, embracing innovation, and being prepared for whatever challenges lie ahead. In this blog post, we'll explore strategies and actionable tips to help you future-proof your small business and remain resilient in an ever-changing world

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.