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Ken Hurwitz
Verified
Contributor, Canadian Metalworking
Beats
Everything else, especially sport.
Content
By Ken Hurwitz| Canadian Metalworking Verified Now that we are well into 2025, I thought I would share how providing additional collateral can facilitate a lease approval that otherwise would be unattainable. The biggest issue busy shops face is the need to increase capacity while maintaining the same number of operators. It is tough to find and keep good people, after all. Some options to achieving this include installing new technology, reducing setup time, and, ideally, automating the process entirely.
By Ken Hurwitz| Canadian Metalworking Verified This early in the year, many manufacturers are figuring out what their equipment needs will be for the year, and machine tool sellers are strategizing on how to sell machines. When the machine seller is also its manufacturer, it likely has established banking relationships and access to what may appear to be very competitive financing rates. Sellers that are the exclusive distributor for a line of equipment also offer rates, which at first glance look very enticing.
By Ken Hurwitz| Canadian Metalworking Verified Now that we are well into 2025, I thought I would share how providing additional collateral can facilitate a lease approval that otherwise would be unattainable. The biggest issue busy shops face is the need to increase capacity while maintaining the same number of operators. It is tough to find and keep good people, after all. Some options to achieving this include installing new technology, reducing setup time, and, ideally, automating the process entirely.
Company Info
Canadian Metalworking
Canadian Metalworking is a trade publication dedicated to serving Canada's metalworking, fabricating, and welding industries. Established in 1965 and acquired by the Fabricators & Manufacturers Association in 2016, it operates under FMA Communications Canada. The publication provides industry news, product insights, and technological trends, focusing on machine tools, cutting tools, metals, and quality standards across sectors like automotive, aerospace, energy, and construction. The company offers both digital and print media, including a digital edition available on web browsers and mobile apps, as well as a print magazine. It also publishes e-newsletters that cover various topics relevant to the industry. Additionally, Canadian Metalworking organizes industry events and provides resources for advertising partnerships, targeting professionals in metal fabrication, welding, and machining. The brand emphasizes community engagement and supports the advancement of metal processing and fabrication businesses across North America.
Whitby, Ontario, Canada
'+1 905-235-0471
Founded: 1905