Blog

Purchasing an excavator is a major financial commitment, so it’s essential to familiarize yourself with the buying process and make a well-informed choice. Below is a general guide to help you navigate buying and financing an excavator:

Buying a crane can be a significant investment, so it’s important to understand the process and make an informed decision. Here is a complete guide to buying and financing a crane:

The last couple years have been great for the mining industry and looking forward, there’s no reason to expect the recovery to lose any steam. Analysts are optimistic about the continued recovery and generally agree that the mining industry will see significant growth and prosperity over the coming years. Increased bottom-line numbers for mining companies prove the recovery is real. Mining companies across The United States and Canada are seeing the trend of increased profits continue. Companies such as Rio Tinto, Freeport-McMoRan and Anglo-American reported strong financial profits and significantly improved cash flow for FY2018; a trend we’ve seen for three years in a row now. The recovery started a couple years ago, triggered by healthy macroeconomic fundamentals, hefty reserves and deregulation implemented by the Trump Administration.

Early numbers look strong, but will import duties affect the forestry equipment industry moving forward? For a few years, the forestry equipment market has faced a period of stagnation. Luckily, many believe that in 2018, the U.S. hunger for forestry equipment will rebound in a big way. The U.S. is the largest market for this type of equipment, so it is fantastic news that industry reports from Freedonia Group predict that the United States will account for as much as 19% of all global product demand through 2021. What's the reason for this growing demand, and what effects are the forestry equipment industry already experiencing?

In 2017, we saw many new investments in U.S. manufacturing which provided a much-needed boost for commercial trucking. Many believe that the commercial trucking industry will continue to grow in 2018 which is great news for commercial fleet leasing companies, but with new regulations and unexpected competition, carriers must find ways to adapt. These are the trends to watch for in 2018. Watch out for Canadian Carriers Canadian carriers still rely on American companies as they move their shipments over the border in order to avoid government scrutiny. To expand their market share, however, many Canadian companies are starting to develop partnerships or establish entirely new U.S. entities for more control. Experts think that this could result in more liability as they try to uphold U.S. safety regulations.

Experts are hopeful that new technologies could signal a shift in printing production. For as long as printing technology has been around, companies in the industry have focused exclusively on the tried and true business staples of business cards, direct mail flyers, and newspapers. All things considered, the days of relying on only paper and ink materials are coming to an end with more and more businesses shifting almost all of their marketing focus to digital media and online advertising. To sum it up, the industry has been facing many challenges to remain relevant all the while posting minor growth rates over the last year. What will 2018 hold for the commercial printing industry and what changes should printing equipment lenders and buyers anticipate? Let’s start by looking at 2017’s sales data.

We are excited to launch our new equipment financing Site123 Blog page.