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15
Mar

What to Consider When Driving a Log Trailer

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Things to Consider When Driving a Log Trailer

Transportation is an essential part of a log company’s activities. Hauling logs out of the forest or mountains to the mill is done with heavy equipment like a truck or trailer. While some drivers opt to haul logs with a truck, others prefer the power of a trailer. However, there are some key elements to consider before starting the engine if you are hauling logs with a trailer. Benefits of Log Trailers Log trailers are one of the ways that logging companies transport loads to the mill for processing. This is an ideal solution if you have a truck and…

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9
Mar

Working Capital Loans: What, Why, and When

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Working Capital Loans

Working capital refers to the money that a company uses to cover its rent, as well as its payroll, supplies, utilities, and other related daily expenses. Businesses will sometimes run into cash flow issues and may require a short term loan to help them get through a difficult financial situation. When this happens, they may turn to a working capital loan to pay for their expenses until they get back on their feet. Here, we will delve into the benefits of working capital loans, as well as the types of working capital loans available to businesses, and when to apply…

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2
Mar

Advantages and Disadvantages of a Heavy Equipment Loan

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Heavy equipment loans

The construction business is big in North America, with an estimated value of 1.3 trillion dollars in the United States alone. As such, many people who are thinking of starting a construction company will need to procure heavy equipment in order to run their business. However, heavy equipment tends to be quite expensive, so many entrepreneurs will turn to heavy equipment financing in Canada in order to obtain their heavy equipment vehicles. Here, we will break down the advantages and disadvantages of heavy equipment financing in Canada. Obtain the Necessary Funds The first pro is that you will get the…

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