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27
Jun

Modernize or Replace? Upgrading Your Crane

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Proper efficiency planning is vital for companies if they are to remain competitive in local and global markets. It is an ongoing process, usually done as often as the Operations team deems necessary. Planning extends to the financials, equipment and to any areas that keep the industry running its best. Reliable Equipment Equipment is the lifeblood of manufacturing and industrial businesses. Amongst the major equipment that is needed is a durable crane. It is not uncommon for crane equipment to be pushed beyond its normal working capacity. Normal is generally considered 25 years of working condition when bought new. Anything beyond those operational years needs to be re-evaluated. Either your crane equipment needs to be replaced or it needs modernization. Correcting a poor performing crane helps make your operations run smoother and protects the safety and security of your workers. Therefore, once it has reached 25 years to a maximum…

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5
Jun

7 Questions to Ask Before Taking a Heavy Equipment Loan

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In order to receive a loan for the purchase of a heavy equipment, you need to ask yourself some few questions. After answering the questions, you can choose the right lender and know precisely the right amount you require. Many of the loan borrowers do not have sufficient measures for applying for a loan. Therefore, it poses some doubt to the lender concerning the credibility of the client. When applying for a loan, ask yourself the following questions: What is the Interest Rates? When applying for a car loan, shop around for interest rates. Different lenders will have different car loan interests. Choose the lender who provides an interest rates affordable depending on your budget. How Much Can You Contribute Before Taking a Loan? The trend is that you should contribute more than 20 percent for the total amount of the truck. However, some banks even offer to provide the…

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1
Jun

Benefits of Leasing a Used Commercial Truck

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Leasing a commercial truck is great to way to increase or build your own fleet. When starting or expanding your trucking business, many have the challenge of securing financing. However, leasing a truck doesn’t have to break the bank, plus the benefits far exceed the cost. Truck leasing advantages In many cases, truck leases are not as rigid as customary, finance loan. Many leasing contractors don’t need a down payment or even an upfront security. Flexibility options Your business can benefit from the flexibility or truck leases by getting a tailor-made solution for truck-buying needs. This option adds flexibility to your finances and can open capital for other investments. Higher profits Normally, a commercial truck leases are offered with low monthly payments, therefore you will be able to save more. You can also save when it comes to taxes. This is because leasing commercial trucks will allow you to cancel…

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24
Jul

2 Things To Know About Upgrading From An A to An AZ Licence

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Many people assume that once they have gotten their truck and trailer leasing, they can now drive anything they want. It would be quite simple if that were the case, but unfortunately, also quite dangerous. Many people start out with a class A licence and then graduate onto other classes. Each time you get a new licence, there are new educational and experience requirements that go along with them. If you are thinking about upgrading from an A to an AZ licence and would like to know what that entails, below are four things you should know before attempting to upgrade. Restricted Class A Licence The Restricted Class A licence (condition R) is specifically meant for drivers who are operating smaller truck-trailer combos. These include recreational, horse or utility trailers. If you have this licence you are also permitted to drive a car or a light truck covered by a…

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17
Jul

The Best Safety Gear For Truckers

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Now that you have successfully secured your commercial truck loan, it’s time to take into consideration one of the most important aspects of commercial trucking: safety. Your safety on the road is key, especially since you will be on your own most of the time, and sometimes far from help if and when disaster strikes. Whether you are a freelancer, or work for a big company, making sure that you are protected from some of the potential hazards of the job is paramount. Below are some of the best safety gear you can invest in as a trucker. Work gloves and boots While this seems like a small gesture, the first thing that you should do after securing your commercial truck loan is to go out and purchase yourself a good pair of work gloves and boots. This is because, as a truck driver, you will often be tasked not…

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10
Jul

3 Tips For Financing Construction Equipment

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Many people getting into the construction business, even those who have been in it for a long time, understand that part of starting up and maintaining a fleet involves leasing construction equipment, or financing it in a variety of other ways. There is an art to financing and leasing construction equipment and the more industry experience, and financial know-how you have, the easier it is to do. If you are thinking about financing new or used construction equipment, below are three tips to help you do it. Get your paperwork in order The thing that you want to do most when trying to lease or finance a new piece of construction equipment is make it clear to the lender that you are a good investment. One of the best ways to do this is to clear your corporate accounts so that lenders know you are solvent and are going to…

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