Financial Management Success Centre
Industrial finance tips and strategies for small and mid-sized Canadian manufacturers.
Welcome to the Financial Management Success Centre, developed for manufacturers looking to preserve working capital, control costs, and tap into the financing they need for expansion, exporting and innovation.
The centre is supported by Enable Capital Corp., an asset-based financing company in Toronto, with expertise in machine tools, and by North American Commodity Consultants Group Inc., a professional services firm focused on energy and commodity cost savings.
Missed energy savings in manufacturing
Managing electricity and natural gas costs and risk can be challenging, given those responsible for the commodities often oversee other products and services needed to fill orders and generate revenue. Here are four strategies to help keep costs in line.
Know the value of your shop floor machinery
Industrial companies trying to raise working capital might not be aware of the leverage they have on the plant floor, but asset-based lenders are often willing to provide financing against the assets.
The downside of energy buying groups
Energy buying groups often fall short on energy procurement, leaving companies who enter fixed-price associations to significantly over pay, relative to the programs they can source on their own. Learn why.
Tips for buying and leasing used equipment
Used equipment is an attractive opportunity for many shop owners looking to upgrade or expand. Still, it’s buyer beware in this market, and there are a few helpful tips to keep in mind to minimize your risk.
Reducing energy and commodity costs
Certain aspects of energy charges shouldn’t be overlooked, as all too often, they lead to over-payment and a lag on the bottom line. Check out some of the most common scenarios and proven strategies to uncover savings.
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