Consider Promotions for Added Savings Carl Villella As you look to finance new or used equipment for your business, look beyond just the interest rate to find opportunity. Traditional banks may have their “Loan Sales,” but brokers can provide promotions offered by their numerous funding sources that far outshine what a bank can... Read More May 2024 Issue #16298 Page 55
Using AI to Find the Sweet Spot for Automation and Optimization Valerie Hansen Today, as an industry, we build faster, cut faster, design faster – thanks to technology and the automation it enables. The offsite construction industry is built on smarter design, more efficient fabrication. Whether in the office or on your plant floor, automation is very much a part of... Read More May 2024 Issue #16298 Page 69
Economic Resilience Extends into the Second Quarter Lesko Financial Services Team The first quarter of 2024 ended on a positive note, which hopefully will prove to be a solid foundation for the remainder of the year. Despite lingering inflation, the U.S. economy continued to show resilience and added increasing optimism for the much-sought-after “soft... Read More May 2024 Issue #16298 Page 76
Design Connections: What Will Customers Want, Need, and Pay to Have Geordie Secord Over the last couple of articles, I’ve spent some time discussing improvements that would improve both the energy efficiency and the ability of the truss system to withstand extreme weather conditions. If you’ve read those articles, you will know that I think it is ridiculous that we... Read More May 2024 Issue #16298 Page 90
Interest Rate Outlook and Planning Your Financing Carl Villella Taking a look at what some of the analysts are saying, it appears that the consensus is that the period of near-zero interest rates is not likely to return anytime soon. Going back to 1870, or roughly 60% of the time, the U.S. Treasury yields have been in the 3.5% to 5.5% range. Fed Chair... Read More April 2024 Issue #16297 Page 59
Straight Talk About Labor Shortages and Costs Todd Drummond I have had the same conversations with so many executives concerning the tight labor market and rising labor costs. There is good and bad news concerning this subject. First, the good news is that you can be assured that high labor costs and a tight labor market are not only affecting your... Read More March 2024 Issue #16296 Page 24
A Closer Look into 2024 Carl Villella Over the last few months, we have seen rates drop for those seeking to finance new or used equipment. Economists are pointing to even lower rates as the year goes on, but of course that will depend on whether the economy continues its downward inflation trend or not, on its way to the 2%... Read More March 2024 Issue #16296 Page 59
Deals Report 2023: Tracking the Openings, Closings, and Acquisitions Craig Webb The construction supply industry saw high lending rates and a relative lack of big transactions result in 22% fewer deals involving 2.6% fewer locations in 2023 vs. 2022. There also were 10% fewer buyers, with several big players barely present. But greenfield openings, while down 5% from 2022,... Read More March 2024 Issue #16296 Page 98
What’s the Difference Between a Lease and a Loan? Carl Villella The question of what’s the difference between a lease and a loan comes up often, and there are some clear differences that can affect how a client decides to finance their commercial equipment. When a client decides to lease equipment, they make regular lease payments for the right to... Read More February 2024 Issue #16295 Page 59
A Mixed Start to 2024 Lesko Financial Services Team Beginnings always feed the temptation to look ahead and make predictions, and recent economic news, podcasts, and websites have featured their fill. 2024 went out on a fairly positive note and it was tempting to try to extend that optimism beyond the first few weeks of January. But despite... Read More February 2024 Issue #16295 Page 64