Interestingly Industrial with Adam Levy

In episode two of Interestingly Industrial, I'm conducting a head-head analysis of whether or not you should purchase or pursue usage-based financing to acquire new equipment. I’ll be going over 5 comparison rounds discussing the following points that are crucial to differentiating each method from one another.In round one, I’ll be looking at business objectivesIn the second round, I’ll discuss your financial situationIn the third round, I’ll be looking at each method’s impact on Cashflow In the fourth round, I’ll be going over your ownership preferences areAnd in the fifth and final round, I’ll be discussing the insights generated from machine usage data and why this information is important to your business. Here's a summarized diagram comparing all the points of purchasing vs. usage-based financing: https://www.linx4.io/post/purchasing-vs-usage-based-financing-equipment

For Interestingly Industrial's first episode, I'm discussing this new equipment financing trend inspired by the sharing economy that's helping an increasing number of OEMs sell more equipment. It's called usage-based financing and it's changing the way equipment buyers and sellers conduct business. Usage-based financing is a flexible financing agreement that calculates periodic repayment rates by measuring an equipment’s runtime and the number of units it produced. This form of pay-per-use equipment financing is similar to a traditional financing agreement, but instead of paying a fixed amount every month, repayment is calculated based on the equipment’s usage rate. Because of its extreme flexibility, usage-based financing tends to poise as the new standard of financing for equipment builders and manufacturers alike.