Equipment Finance News & Insights

Secular Shift: Equipment Rental in the New Economy

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Secular Shift: Equipment Rental in the New Economy In today’s economy, the benefits of renting equipment are magnified and the rental option is one that is being explored and used by a wider variety of industries, including contractors, construction companies, homeowners, event planners and more.

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How To Finance Heavy Equipment For US Manufacturing Operations

How To Finance Heavy Equipment For US Manufacturing Operations By Eric Freeman, Vice President, Summit Funding Group In today’s market, nearly every aspect of acquiring new equipment is financeable, from the equipment itself, to installation costs, to freight. Here’s how to do it right. Onshoring has become […]

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Record U.S. Capital Spending Is Last Thing the Market Wants

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Record U.S. Capital Spending Is Last Thing the Market Wants   If you’re an American chief executive officer with a couple million dollars to blow, you may want to think twice before using it to expand plants or add equipment. That’s the message from equity markets, where […]

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WorkBoat Magazine: Bankroll

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Workboat Magazine:  Bankroll There’s more financing available with better terms, but some operators are wary. The financing picture for the workboat industry has brightened considerably since the depths of the recession. Terms are better, money’s more plentiful and competition for business is intense. Vessel operators, however, are […]

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Time Is Money, Know Where to Spend It

Time is Money, Know Where to Spend It Streamline the equipment financing process to focus more on operations  When it comes to acquiring the equipment that construction companies need to conduct business, the options for securing capital for purchases and leases are endless. From local banks and […]

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U.S. Budget Deficit Lowest Since 2008

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The U.S. budget deficit fell by 28.5% during fiscal 2014 to $486 billion, the smallest shortfall since 2008 and the fifth straight year the deficit has declined as a percentage of gross domestic product, according to the Congressional Budget Office. In its latest monthly budget review, the […]

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Medical Equipment Upgrades, Expansion a Priority in 2015

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Medical Equipment Upgrades, Expansion a Priority in 2015 Published in Equipment Finance Advisor While practice improvements and expansion are on the agenda for many M.D.’s, there are concerns about reduced reimbursements. The majority (62 percent) identified reduced reimbursements as the greatest challenge their business will face in […]

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What to Tell Your Congressman to Save Important Tax Benefits

What to Tell Your Congressman to Save Important Tax Benefits Published in For Construction Pros As most construction professionals are aware, the special tax deduction for equipment purchases under Section 179 expired at the beginning of 2014. This tax code allowed construction companies to take advantage of […]

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Republican Victory May Result in Quicker Rate Hike

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Republican Victory May Result in Quicker Rate Hike NEW YORK (MarketWatch) — Republican rule in the Senate could benefit the U.S. dollar as the party’s legislators exert pressure on the Fed to raise interest rates sooner than expected. This rationale, along with the impression that Republican policies […]

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Options for Financing Construction Equipment

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Options for Financing Construction Equipment Published in Globe St IRVINE, CA—Rising construction costs are creating financial concerns for commercial builders who want to stay current with their equipment without going into undue debt. GlobeSt.com spoke with Eric Freeman, VP of Summit Funding Group here, about how commercial […]

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