Vice-President
- FMA
- The Fabricator
- FABTECH
- Canadian Metalworking
Ken Hurwitz
Equilease
41 Scarsdale Road Unit 5
Toronto, M3B2R2 Canada
416-499-2449
How I lost my machine tool
- By Ken Hurwitz
- Apr 15, 2024
- Management
- Blog Post
Tips from a lender on what to do if your machine tool is getting repossessed.
Looking back at the last decade of finance
- By Ken Hurwitz
- Feb 28, 2024
- Management
- Blog Post
For my 10-year anniversary, here are 10 things that I have seen change in equipment leasing during the last 10 years.
Three key questions about the benefits of leasing capital equipment
- By Ken Hurwitz
- Feb 16, 2024
- Management
- Blog Post
Using a leasing company as a complement to your bank creates borrowing balance and increases working capital.
Tips for funding machines and automation
- By Ken Hurwitz
- Jan 19, 2024
- Management
- Blog Post
Using an equipment leasing company as a complement to your bank is a good idea because they have access to several funding sources.
Use your year-end for financial reflection
- By Ken Hurwitz
- Dec 15, 2023
- Management
- Blog Post
Year-end is a good time to look at expanding your operating lines or get financial approvals in place for additional equipment.
Leasing manufacturing equipment changes your balance sheet
- By Ken Hurwitz
- Dec 1, 2023
- Management
- Blog Post
It’s important to talk with your accountant or business adviser before making equipment purchases.
Raise cash by using a sale leaseback
- By Ken Hurwitz
- Oct 9, 2023
- Management
- Blog Post
A sale leaseback is a transaction that conveys ownership of existing equipment to a financial institution in exchange for a lump sum cash payment.
Get a financial pre-approval before attending CMTS
- By Ken Hurwitz
- Aug 31, 2023
- Management
- Blog Post
If you are considering making a purchase, go to the show armed with a pre-approval from your chosen lending institution.
Choose your lender wisely
- By Ken Hurwitz
- Aug 14, 2023
- Management
- Blog Post
When choosing a lender, consider some of the other factors beyond just the cost of funds.
Understanding deposits and collateral
- By Ken Hurwitz
- Jul 11, 2023
- Management
- Blog Post
There are ways to attract lenders and it usually starts with making the best use of your existing assets.
Answers to your finance questions: Part II
- By Ken Hurwitz
- Jun 20, 2023
- Management
- Blog Post
Canadian Metalworking reveals Part II of its leasing/financing questions as answered by expert Ken Hurwitz.
Answers to your financing questions
- By Ken Hurwitz
- May 16, 2023
- Management
- Blog Post
This is a selection of the most common themes and most interesting questions.
3 reasons to lease equipment
- By Ken Hurwitz
- Apr 14, 2023
- Management
- Blog Post
Tax implications, internal ROI, and an increased borrowing capacity, should be considered when adding equipment.
Take control of your quality
- By Ken Hurwitz
- Apr 11, 2023
- Management
- Blog Post
CMMs are a very good asset to finance, and finding a funder for a CMM is just as easy as finding one for a machine tool.
Machine tool financing: Don’t fixate on rate
- By Ken Hurwitz
- Feb 20, 2023
- Management
- Blog Post
It's important to move beyond just the cost of funds when evaluating whether it makes sense to proceed with a machine purchase.
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- Industry Events
MME Saskatoon
- May 28, 2024
- Saskatoon, SK Canada
CME's Health & Safety Symposium for Manufacturers
- May 29, 2024
- Mississauga, ON Canada
DiPaolo Machine Tools Open House 2024
- June 4 - 5, 2024
- Mississauga, ON Canada
FABTECH Canada
- June 11 - 13, 2024
- Toronto, ON Canada
Zoller Open House & Technology Days 2024
- June 12 - 13, 2024
- Ann Arbor, MI