EQUIPMENT FINANCING TIPS: BUSINESS INSIGHTS BLOG

Equipment Financing Trends for 2021

The unexpected challenges of 2020 have made one thing clear for heavy equipment and machine-centric industries – creative thinking and modified strategies for generating revenue are now more important than ever.

5 Smart Reasons to Protect Your Cat® Equipment with an Equipment Protection Plan

An Equipment Protection Plan (EPP) is one of the best ways to ensure longevity and reliability of new, used and rebuilt Cat® machines.

5 Steps to Stop Equipment Theft

Heavy equipment theft is a problem across the world, and costs businesses millions every year. Here are 5 steps to help prevent it.

Do I Need Commercial General Liability Insurance?

Protect your business against financial loss related to bodily injury, personal injury or physical damage to others.

How to Deal with Financial Hardship in the Construction Industry

Sometimes external factors such as industry downturn can derail your business. Here are 3 tips to help keep your business moving forward.

How Technology Can Help You Operate Your Business More Efficiently

Free and low-cost tech can help you compete in the modern economy

Prepare Your Business for a Natural Disaster

How you prepare for a natural disaster can mean the difference between being in as good of a position as possible to resume operations.

The Truth About Renting | Part 2

A guide to getting the most for your money when renting machinery.

The Truth About Renting | Part 1

5 things you need to think about before you sign your rental agreement

Equipment Financing: Answering Questions and Debunking Myths

Learn Your End-Of-Term Options And Unlearn Myths Like ‘You Need Perfect Credit’

Tips for Improving Your Credit Score

Increase the likelihood of getting the equipment financing you want at the terms you need.

How Contractors Can Weather an Economic Downturn

Early preparedness is your best defense against an economic downturn.

Equipment Financing Requirements: Four Key Factors

Our equipment financing requirements aren’t complicated. See the key factors we consider.

When Should You Consider Expanding Your Business?

Growing your business at the right time is critical for your company.

How Bonus Depreciation Can Help Your Construction Business

Take advantage of the opportunity to lower your tax obligation.

What Construction Jobs Aren't Worth Taking?

Don’t bid on jobs that aren’t worth your company’s time and resources.

I Have the Money to Pay for Equipment in Cash. Why Should I Finance Equipment Instead?

Discover the benefits of financing heavy equipment even when you have the cash to pay in full.

What Is Caterpillar Pay For Use™ And How Does It Help Your Business?

Discover how the caterpillar pay for use program can improve your daily business operations.

Find Out How Skip Payments Can Help You Manage Your Business Better

Leverage the flexibility of skip payments to manage finances for seasonal lulls.

Telematics Part 2: How Equipment Technology Helps Construction Businesses

Leverage telematics from machinery to help improve business operations.

Telematics Part 1: What Is Telematics and Why Is It Important for Construction Businesses

Learn how equipment technology can help improve business operations.

4 Tips for Mining Companies Looking to Generate Cash Flow

A Guide to Equipment Financing

You have a variety of avenues available for leasing and financing heavy equipment, in almost every industry.

Tools for Success: Grow Your Business with an Effective Cash Flow Template

Business owners need to pay attention to a variety of metrics and measurements to stay on top of operations.

Skid Steer Loader: The Jack of all Trades

Learn why skid steer loaders are so valuable and versatile on a jobsite.

Tools for Success: How to develop a balanced scorecard for your company

A guide to covering your bases from workplace safety to employee engagement.

Bids that Beat the Competition

4 Tips to help you improve your bidding strategy to win construction projects

How to Get Financing for an Engine Overhaul

Complete a truck engine overhaul without major up-front costs.

Maintenance Tips: Protecting Your Equipment from Normal Wear and Tear

Discover how normal wear and tear can impact your heavy equipment.

An In-Depth Guide to Mining Equipment and Technology

Learn the best practices for keeping your mining equipment in good working condition.

Tips for Scheduling Equipment Maintenance

Maintaining the equipment you acquire through various finance and lease options is vital for getting a consistent return on your investment.

Managing Cash Flow When the Market Takes a Downturn

Discover what your business can do to protect itself and continue to develop and grow, even in difficult circumstances.

Maintenance Tips to Winterize Your Heavy Equipment

Winter weather doesn't stop your company from using heavy equipment, but it can have a major impact on how your machinery operates.

4 Benefits of an Effective Business Plan

The strategy behind a well-crafted business plan can contribute to operational efficiency and substantial business growth.

Acquiring a Construction Backhoe Loader

Learn how to get a construction backhoe without major upfront costs.

How to Avoid Extra Costs at the End of Your Lease

4 Tips to help you minimize unexpected expenses

The Benefits of Buying or Leasing Used Equipment

More than just a cost-effective option for your construction business.

6 Things You Should Know Before Contacting Equipment Leasing Companies

Learning about heavy equipment leasing options will help you when searching for the best partner company.

The Equipment Financing Questions You Need to Ask at Your Next Trade Show

Discover key leasing and financing options from potential providers.

The Ultimate Guide to Leasing Products

Manage operating expenses and improve your balance sheet.

Is Your Business Protected for the Future?

Equipment insurance can help keep your machinery running and your business moving forward.

Grow Your Business with These 4 Tips

A guide to bettering your business this year.

5 Tips for Analyzing a Balance Sheet

Practical advice to help your business operate more efficiently.

Understanding Federal and State Grants for Business

A guide to help your business determine the best way to acquire heavy machinery and equipment.

Effective Use of Cash Vs. Credit for Equipment Purchasing

A guide to help your business determine the best way to acquire heavy machinery and equipment.

Reduce Workplace Accidents with Effective Safety Strategies

Safety should be the number one concern for construction companies of any size

The Importance of Having an Effective Construction Safety Culture

A strong, consistent, and proactive safety culture can go a long way toward preventing accidents and reducing the negative outcomes.

Business Health: Identifying Priorities that Contribute to Growth

The financial and operational health of your business influences many actions you take as an owner.

Extend the Life of Your Equipment with a Rebuild

While it might not make sense to repair inexpensive, readily available items, we can all agree that heavy equipment is different.

What will the World Look Like After the Belt and Road Initiative is Complete?

Looking at the Belt and Road Initiatives's impact on global commerce and its historical precedent.

Tools for Success: Building a Strong Bidding Template

Crafting a strong bidding template can help your company secure work and please clients.

What Is Direct Pay?

Advantages of this automated payment option for your heavy equipment loans and leases

Understanding Your Options for Lease Modification

When is it time to modify your equipment lease agreement? There are several modification options to keep you from breaking your contract.

Budgeting 101: How to Create a Budget for Your Business

Leverage your budget to identify your company's strengths, weaknesses, opportunities, and potential concerns.

Discover the Benefits of Donating Heavy Equipment

From tax breaks to supporting those in need, donating machinery may be a great option for your business.

Tips for Improving Cash Flow and Working Capital

Ensure availability of funds for planned and unpredictable expenses

Business Health: Managing Risk to Make Effective Investments

How do you approach business risk? Answering this important question can help you maximize your resources.

What the Belt and Road Initiative Means for the Modern Economy

Understanding how new connections can transform local, national and global economies.

Understanding the Importance of the Belt and Road Initiative

Learn how this transformative project could affect the global economy.

What Does a Lender Look For?

The 10 C's you need to know before you submit your application

Business Health: The Basics of a Profitability Review

Conducting a basic profitability review can help you identify opportunities for growth and where to cut spending.

Understanding the Benefits of Buying Used Equipment

Maximize the value created with a purchase by adding used equipment to your fleet.

Comparing Equipment Lease Vs. Loan

Both lease and loan options come with advantages, including best-in-class technology along with the ability to optimize your budget.

Building and Maintaining a Good Crew

Check out these tips to help you curate a successful team of people.

The Value of Leasing Equipment with Cat Financial

There are options allowing business owners to more securely manage their finances and spread out the costs while gaining use of the asset.

Four Easy Steps to Protect Your Cat® Engine or Generator Set

Choosing coverage for your engine or generator set is as easy as following these four steps

Protect Your Livelihood by Protecting Your Equipment

Here are three options for protecting your equipment to prevent unnecessary downtime.

Legacy Planning: Your Business After You

Legacy planning is a vital consideration for your business-whether you plan to retire in a few years or a few decades.

The Immediate and Long-Term Value of Captive Finance Companies

Finding the right tools for the job is having the necessary construction equipment financing to fund your efforts.

4 Easy Steps to Break Down Financial Barriers

Overcome financial hurdles in 4 easy steps.

6 Helpful Tips When Applying for Commercial Financing

To capitalize on the many benefits of commercial financing, it's important to prepare yourself and your company for the application process.

How Does Heavy Equipment Financing Work for a Small Business?

Let's look at the reasons why smaller companies should strongly consider leasing and financing options.