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  1. Burnham

    The Official Work Pictures Thread

    That looks like a pain in the butt.
  2. flushcut

    Machining/welding/millwright…molten metal

    That’s one small orifice!
  3. davidwyby

    The Official Work Pictures Thread

    Grooooosss
  4. SkwerI

    Equipment purchasing. Financing or not?

    I have always financed equipment. But every piece of equipment I have ever bought made me more money than it cost. And I would rather keep some money in the bank and get a loan rather than spend all my money on a piece of equipment. And besides, I figure it makes sense to let the equipment pay...
  5. cory

    Equipment purchasing. Financing or not?

    That was good
  6. tblough

    Machining/welding/millwright…molten metal

    Most of my stuff is on the other end of the size range: The channels in this mixer are 0.015" wide and that's a 0.008" radius where it enters the center chamber with a 0.020" center hole. These other parts are 0.224" in diameter with a 0.0067" orifice.
  7. lumberjack

    Equipment purchasing. Financing or not?

    Liquidity squeezes are a real issue to watch out for, strong liquidity is a huge and undervalued asset for a business. Normally $15-30k gets paid out of pocket. In February: I financed a work pickup. I paid for the trailer and upfitting on that truck. In March: I paid off the 2022...
  8. SeanKroll

    Equipment purchasing. Financing or not?

    In concerning world times, more nest egg may be better. Interest bearing accounts or stable investments offsets interest on a loan.
  9. flushcut

    Equipment purchasing. Financing or not?

    Which has a better write off? Either way, I would hope, the machine is going to make money. Borrow their money, keep your money, make a payment or two ahead so the interest rate is nonexistent, or make a payment and half extra a month pay it off sooner increase your credit score. All while you...
  10. Burnham

    The Official Random Video Thread!

    What a choreographed dance that is. One false move and it all goes to hell, no doubt.
  11. SeanKroll

    Equipment purchasing. Financing or not?

    My neighbor said that if you are in a bind and want to borrow $30k, you are screwed. If you finance the equipment and get in a bind, the bank wants to keep getting payments, as able, during the bind. They don't want your chipper. Having enough equipment that keeps going to jobs makes the...
  12. C

    Equipment purchasing. Financing or not?

    Hey, Curious on what people prefer to do when purchasing equipment in the 15k-30k ish range? Do you finance or save to buy out right? Any info or experience you want to pas along would be great.
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