North Mill Equipment Finance | The Compass
Issue 5 2019
North Mill Offers Referral Agent Handbook for Download
North Mill announced the release of its new and improved 2019 Referral Agent Handbook. The document, a 60-page manual filled with vital information, was designed specifically for referral agents who have a relationship with North Mill. Read More >>

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Are You Using Social Media to Leverage Your Business? Here's How to Start
North Mill

In today's business landscape, there's really no excuse for business owners to not be utilizing social media. After all, not only is social media a gateway to millions of potential customers, but for the most part, it's a free marketing tool. It's estimated that almost three-quarters of small businesses use social media as part of their digital marketing strategy to spread brand awareness and generate sales leads. Read More >>

ACT Research: When Change Comes, It Is Likely to Come fast
Monitor Daily

According to ACT Research's latest North American Commercial Vehicle OUTLOOK, current Class 8 build rates suggest upside to the 2019 forecast, but large new truck inventories and deteriorating freight and rate conditions suggest erring on the side of caution remains the right call; when the change comes, it is likely to come fast. Read More >>

9 and 1/2 Tips for Marketing Your Small Business
Business 2 Community

Small businesses around the country face a constant barrage of information, new tactics, the latest strategies, and a whole slew of garbage when it comes to modern marketing. Whether it's the latest snake oil salesman trying to convince a business owner to part with $5,000 of their hard-earned profits for an ad, or a $2,000 monthly contract for managing all the social media, it's just too much for many entrepreneurs. Read More >>

8 REASONS BUSINESSES LEASE AND FINANCE EQUIPMENT
Equipment Finance Advantage

The vast majority (78%) of U.S. businesses lease or finance their equipment, and the Equipment Leasing and Finance Association has released a new infographic highlighting why this method of equipment acquisition is so popular. The "8 Reasons to Finance Equipment for Your Business" infographic provides a reader-friendly, visually inviting explanation of some of the key benefits businesses enjoy when they lease or finance the equipment they need to operate and grow. Read More >>

6 Tips to Help Create an Effective Logo for Your Small Business
Radio.com

Think about the logos of the brands you enjoy every day. Chances are you were drawn to recognize some logos before you could even read. Good logo designs establish brand identity and draws customers to your company. The logo you choose will represent what your company does and will sum up your mission statement in one glance. This is definitely not an area you want to neglect or skimp back on. Instead, put a generous amount of energy and time into learning how to create an effective logo for your small business starting with these tips. Read More >>

Labor Shortage Spurs Use of Robotic Construction Equipment
Government Technology

As the labor shortage deepens, Mortenson Construction is going high-tech by rolling out a fleet of remote-controlled excavators powered by "autonomous robotic equipment technology" that's been developed by San Francisco-based Built Robotics. "We're not replacing humans," said Eric Sellman, vice president and general manager for heavy civil construction for Twin Cities-based Mortenson. "We want to take a proactive step to deal with the labor shortage...and give our teams have the latest tools to deal with that." Read More >>
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Equipment Finance Industry Confidence Increased in May
The Monthly Confidence Index for the equipment finance market is 59.2 in May, up from the April index of 58.3. Designed to collect leadership data, the index reports a qualitative assessment of both the prevailing business conditions and expectations for the future as reported by key executives from the $1 trillion equipment finance sector.

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For more information on articles in The Compass, or if you're interested in learning how to become a North Mill Referral Source, please email Catherine Cuthbertson at Ccuthbertson@nmef.com or call 1-800-223-6630.


This newsletter includes links to other websites and the content within. The articles that link outside this newsletter have not been generated by, nor are they endorsed by, North Mill Equipment Finance LLC. The aggregated content is simply intended to provide direct access to information that a Referral Source may find useful.

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