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.
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.
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.
An adage goes, "Success is where preparation and opportunity meet." But for one San Antonio company, the element of opportunity was slipping away. Despite their readiness to undertake a major bridge construction project, the financial burden of purchasing necessary equipment threatened to impede their progress.
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.
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.
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.
Companies borrow money based on their projected cash flows through cash flow-based financing. A firm partakes in cash flow lending when they borrow money from projected future revenue. Financial institutions grant loans guaranteed by the recipient's past and future cash flows, but credit ratings also play a major factor in this type of lending.
With a Revolving Line of Credit, companies can dramatically improve their working capital. Here's a guide to what a revolving line of credit looks like at Equify Financial!
What is a secured equipment loan and how does it work? Find out here!
Looking to purchase new equipment for your business? Here are some things to consider when looking to buy.
Equipment costs and maintenance can be significant expenses for construction companies despite the strength and durability of heavy machinery. It is important to understand the signs for when it is time to replace equipment and the opportunities to replace equipment. Here are some signs to look out for.