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Acquiring new snow-removal equipment? Here are some things you should know before you sign
Snow removal services can help landscaping companies and other warm-weather businesses maintain cash flow during the non-growing season. In this blog, we’ll talk about some of the financial considerations of adding or expanding a snow-removal component to your business. In the next section, we’ll discuss the pros and cons of financing or leasing snow removal […]
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A look at Forecasts and Trends for the 2019 Construction Industry
With the end of the year approaching, it’s decision time. Plans and operating budgets are in the final stages, and you may be considering how equipment financing fits into your 2019 budget. To serve as a guide in these final decisions, here are some economic forecasts for 2019 and what they mean for the construction […]
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10 Tips on how to Use Finance to Close More Sales
Many sales are lost when the equipment sales rep does not offer financing and leaves it up to the customer to figure out a way to pay for the equipment. If their bank says no or they are not aware that you offer a solution that is not only competitive, but tailored to the equipment, […]
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Online Payments for Customers
First Western Equipment Finance to Offer Online Payments Solution for B2B Loan Customers EDEN PRAIRIE, Minn. – First Western Equipment Finance, a division of First Western Bank & Trust announced today the launch of a free online payments feature for its equipment finance customers. “Agile Payments consulted with First Western Equipment Finance project management to […]
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Construction Industry Outlook: 2018
In considering construction industry trends, many managers and business owners wonder whether growth will remain steady enough for them to justify purchasing new equipment. During a two-day conference held on November, 1 and 2 of 2017, economists, contractors, engineers, manufacturers and architects met in Chicago at the 79th Dodge Construction Outlook Executive Conference. One of the […]
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Is your business’s infrastructure sound?
As businesses across the country enjoy lower corporate tax rates and other benefits of tax reform, they’ll start to look at ways to reinvest that saved money in their business. When forecasting and planning purchases, many will want to assess their own infrastructure in a broad sense, and consider what business upgrades they need to […]
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5 reasons equipment financing makes more sense than paying with cash
5 reasons equipment financing makes more sense than paying with cash For those involved with their company’s financial strategy, two factors inspire smiles: the booming economy and slashes to the corporate tax rate. Business managers in particular will see the additional capital as an invitation to invest in much-needed new equipment purchases. Because the business […]
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Keeping up with New Equipment Technology & Shorter Business Cycles
In this competitive business environment, we all know that new equipment technology is rapidly transforming numerous industries, but to really appreciate the exponential rate that technology is advancing these days, let’s briefly consider one of the most important, most transformative pieces of equipment in human history: the plow. Pulled by a draft animal and guided […]
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2018 Tax Benefits for Businesses
Whether you’re a small business owner or part of a large, multinational corporation, the revised 2018 tax benefits has likely become the center of many conversations and strategy sessions. Many of us know the big picture of how the new tax bill slashed corporate tax rates from 35 percent to 21 percent. This drastic cut […]
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What does the interest rate increase mean for businesses financing?
What does the interest rate increase mean for businesses financing? It’s a good time to be in business. The economy is heating up, and with the corporate tax rate having been slashed from 35 percent to 21 percent, businesses of all sizes are set to enjoy some of the best economic conditions in decades. However, […]
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