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Julie Murphy

Julie Murphy is vice president of Marketing, Commercial Credit Group, Email

Articles by Julie Murphy

Funding Your Company’s Digital Transformation

Commercial Credit Group Inc., Commercial Credit Group, digital manufacturing, digital transformation, Information Security, Data Analytics, Cloud Services, Internet of Things, Process Automation, Machine Learning, Artificial Intelligence, ROI, ERP

To realize the full potential of implementing digital initiatives within your operation, consider what type of impact these initiatives can have, and how you can monetize the changes. In some cases, the monetization is simply reducing costs.

Do Your Homework to Realize the Advantages of Used Equipment

Julie Murphy, Commercial Credit, Commercial Credit Group, used machinery, used equipment

Shipment delays and supply chain bottlenecks can prevent new machinery from being delivered on time, as an example, and imped efficient production and opportunities for growth. One option is to purchase used equipment, which is readily available and less expensive.

Equipment Lease Versus Loan: Which Is Right for Your Shop?

capital investment, manufacturing equipment, lease, loan, equipment, machinery

Many machine shop owners are planning to make capital investments within the next year, which includes machinery. There are a few questions you should consult with your lender when dceciding if it’s better to lease or take out a loan.

Financing for the Next Stage

Financing, machine shop

Machine shops must invest in technology to compete; however, cutting-edge technologies become obsolete sooner, and with a low demand on the secondary market, lenders are reluctant to finance your growth plans. Thankfully, there are a variety of financing mechanisms to consider.

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Southeast Design – 2-Part Show
September 11 - 12, 2013
Greenville, SC
Mid-Atlantic Design – 2-Part Show
September 25 - 26, 2013
Phoenixville, PA
CMTS of Canada
September 30 - October 3, 2013
Mississauga, Canada
Wisconsin Manufacturing and Technology Show
October 8 - 10, 2013
Wisconsin State Fair Park Exposition Center Halls B&C
October 8 - 16, 2013
Florence, KY
October 15 - 17, 2013
Los Angeles, CA
October 29 - 31, 2013
Greenville, SC
New England Design-2-Part Show
October 30 - 31, 2013
Marlborough, MA
DMG / Mori Seiki Manufacturing Days
November 12 - 15, 2013
Mori Seiki Manufacturing – Davis, CA
November 18 - 21, 2013
McCormick Place – Chicago, IL
Midwest Design-2-Part Show
November 20 - 21, 2013
Northern Kentucky Convention Center – Covington, KY
PCD Tool Manufacturing
November 20, 2013
United Grinding North America – Fredricksburg, VA