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Engs Commercial Finance, Co

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How IoT is Shaping the Industrial Equipment Market

December 21, 2020 by Engs Commercial Finance

How IoT is Shaping the Industrial Equipment Market

For decades we’ve seen incremental innovations and improvements to manufacturing and machining equipment creating higher precision, faster production, and increased reliability.  This is anticipated progress.  What wasn’t expected was the disruptor of Internet of Things (IoT) becoming a reality and promising a leap forward in manufacturing efficiency and cost-effective maintenance. What is Internet of Things? Internet of Things, […]

Filed Under: Blog, Industrial Tagged With: Equipment Finance Advisor, Industrial Equipment, Industrial Equipment Technology

New OTR Owner/Operator? Project Your Profitability Like A Veteran

December 14, 2020 by Engs Commercial Finance

New OTR Owner/Operator? Project Your Profitability Like A Veteran

Starting and running your own business is never a simple undertaking, but those who run their own trucking businesses have their own unique set of challenges. Several variables are considered when calculating the expected business operating costs. On average, an owner-operator trucking business needs to bring in $180,000 each year just to break even, which comes […]

Filed Under: Blog, Transportation Tagged With: big rig trucking business, start a trucking business

How Technology Is Shaping The Logistics Industry

November 26, 2020 by Engs Commercial Finance

How Technology Is Shaping The Logistics Industry

We’ve examined the impact technology is having in the trucking industry in the past, though today we’re going to take a close look directly at it’s impact on the logistics firm, both in-house and in concert with 3rd-party carriers.  Keep in mind that many of these technologies will be applicable to the entire supply chain […]

Filed Under: Blog, Industrial Tagged With: Equipment Financing, Industrial Equipment, Industrial Equipment Technology

Prepare Your Commercial Trucks for Winter

November 14, 2020 by Engs Commercial Finance

Prepare Your Commercial Trucks for Winter

North America is a beautiful continent to explore throughout the year—with 4 distinct seasons through much of the northern regions.  The gorgeous reds, oranges, and golds of Fall will swiftly change to bare trees and ice and snow up north.  Fortunately, we have time to plow through the winter maintenance checklist.  If you don’t have […]

Filed Under: Blog, Transportation Tagged With: big rig trucking business, Long Haul Trucking, running a trucking business, Truck Maintenance, Trucking Business

What’s Next for the Economy?

November 3, 2020 by Engs Commercial Finance

What’s Next for the Economy?

Traditional forms of financing will be limited in 2021, in light of the current economic situation and how it has been impacted by the COVID-19 pandemic. Much of what you will be able to borrow will have to do with your financial performance in 2020. So, what’s next for the economy? Where can you turn, […]

Filed Under: Blog, Working Capital

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ENGS Recognized as a Top Workplace in Chicagoland!

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ENGS COMMERCIAL FINANCE CO. HONORED AS ONE OF CHICAGO’S TOP WORKPLACES

ENGS Commercial Finance Co., one of the largest independent ...

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How IoT is Shaping the Industrial Equipment Market

How IoT is Shaping the Industrial Equipment Market

For decades we've seen incremental innovations and ...

Read More →

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