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More from Ken Hurwitz
Seek advice before year-end purchasing
- By Ken Hurwitz
- Dec 20, 2022
- Management
- Blog Post
It's important to have a discussion with your accountant or financial adviser before any major spending is done.
How to get your financing approved
- By Ken Hurwitz
- Nov 29, 2022
- Management
- Blog Post
Check out five variables that a lease finance company looks at when reviewing applications.
Don’t overlook the small things
- By Ken Hurwitz
- Nov 25, 2022
- Management
- Blog Post
To remain competitive, investing in new technology is very important. But it is just as important to ensure that investment dollars are being used efficiently.
Finding the right lender
- By Ken Hurwitz
- Oct 11, 2022
- Management
- Blog Post
The ability to modify payment structure is a tool only found within the equipment leasing industry.
Visiting IMTS? Get pre-approved financing
- By Ken Hurwitz
- Aug 30, 2022
- Management
- Blog Post
Attending IMTS provides an opportunity to buy a machine that is in inventory right from the booth.
Consider all the facts when financing equipment
- By Ken Hurwitz
- Aug 16, 2022
- Management
- Blog Post
Make sure all of the relevant aspects, such as tax implications and the internal ROI, are taken into account along with needs for increasing borrowing capacity.
Finance your turnkey manufacturing system
- By Ken Hurwitz
- Jun 21, 2022
- Management
- Blog Post
Manufacturers should explore every avenue to invest in new equipment that doesn’t require them to pull the money from working capital.
Visiting MMTS? Get pre-approved for funding
- By Ken Hurwitz
- May 24, 2022
- Management
- Blog Post
Visiting a tradeshow with a pre-approval in hand and a goal of securing a new piece of technology is a very productive use of your time.
Consider ROI over interest rates in your next financing deal
- By Ken Hurwitz
- May 13, 2022
- Management
- Blog Post
Ensure the proper questions are asked when evaluating whether it makes sense to proceed with any financial transaction.
Don’t let your lease pre-approval run out
- By Ken Hurwitz
- Apr 15, 2022
- Management
- Blog Post
Supply chain disruptions means new thinking and methods need to be taken into account when ordering machinery and equipment.
Banks versus leasing companies: Know the difference
- By Ken Hurwitz
- Mar 1, 2022
- Management
- Blog Post
Financing options exist beyond traditional banks which, if properly sourced, can be a complement to existing funding and can provide additional flexibility.
Financing: Reader questions get expert answers
- By Ken Hurwitz
- Feb 11, 2022
- Management
- Blog Post
Canadian Metalworking invited shop owners from across the country to submit leasing/financing questions to be answered by expert Ken Hurwitz.
Seek financial advice for year-end machine tool purchases
- By Ken Hurwitz
- Dec 31, 2021
- Management
- Blog Post
Machinery sellers also know now is the time to sell equipment, because January and February traditionally are slower sales months.
Invest in new technology regardless of size, cost
- By Ken Hurwitz
- Nov 29, 2021
- Management
- Blog Post
Manufacturers have numerous cost centres that can’t be financed, such as material, tooling, labour, and even product development.
Avoid these equipment leasing mistakes
- By Ken Hurwitz
- Oct 29, 2021
- Management
- Blog Post
Most people without experience arranging a lease for machinery rely on experiences from other industries.
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