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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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18
May

Equipment Financing vs. Leasing: What’s the Difference?

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Difference between financing and leasing

If you are thinking of taking out a truck loan, then you probably have some questions concerning the differences between equipment financing and leasing. The biggest difference between leasing and equipment financing is in the ownership. That is, when you lease a piece of equipment, then a vendor will allow you to rent it in exchange for monthly payments. This means you will not own the asset during the duration of your lease. Conversely, equipment financing serves as a collateralized loan that will provide you with the option to purchase the piece of equipment outright. In other words, once the…

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4
May

Reasons to Consider Construction Equipment Financing

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Construction equipment financing

There are many reasons why businesses seek out construction equipment financing in Canada. For instance, the intensive nature of the industry will often necessitate the purchase of compact attachments and equipment to get to hard-to-reach spaces, as well as heavy-duty equipment for larger projects. Moreover, construction businesses will also require office equipment and IT tools to handle many clerical and administrative tasks. Here, we will discuss some of the most important reasons why you may want to consider construction equipment financing for your business. Flexible Options Most equipment financing enterprises will offer their clients many different flexible options to accommodate…

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