To Invest In Industrial Automation

 Check out our editorial on the A3 Website: Upgrading Your Factory To Industrial Automation

U.S. Equipment & Software Investment Momentum Monitor

 Scott Thacker, Foundation Chair and Chief Executive Officer of Ivory Consulting Corporation, said, “Finally, we are beginning to see the light at the end of the tunnel. The widespread availability of vaccinations offers hope that economic activity will soon return to pre-pandemic levels, or beyond. The robust stimulus efforts, along with trillions of dollars in pent-up demand, point to a wave of spending this summer and fall. All indicators point to 2021 being a banner year for equipment and software investment.”

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Automation and the Labor Shortage

Automation and the Labor Shortage

Industrial automation vendors across several vertical markets are finding that offering creative financing solutions that overcome client budget issues and help them preserve their working capital lines have helped them leverage new sales and upgrade existing customers! Call Dimension Funding today for more details, Dean Morrison, 954-224-3390

COVID-related IT Initiatives

COVID-related IT initiatives are not over for most companies, but IT leaders are now finding breathing room to move forward. CEOs now hope that their CIOs can spend their time on more strategic and transformative tasks. The expectation is that the burden of functional duties will lessen, potentially due to the rise of automation and other advanced technologies.  By providing your clients with flexible financing solutions that help them effectively budget for their technology acquisitions, you will enable them to move forward quickly and efficiently with their technology investment with your company.

10 Initiatives of IT Leaders

The Necessity of Digital Innovation as a Core Supply Chain Competency

The pandemic drove home the necessity of digital innovation as a core supply chain competency—and it has catapulted this opportunity to the top of CEOs’ agendas. For some, the pandemic served as a proof of concept for their digital investments as they weathered, and even thrived, amid the disruption. For others, COVID was a big wakeup call that they were caught behind the digital curve.  Dimension’s creative financing programs make it simple and easy for your clients to invest in your technology solutions, call to discuss how we can customize a successful program to help leverage more profitable sales opportunities.

Supply Chain Resilience Is Key to Responding, Recovering and Thriving Amid Disruption

Cannabis Market Financing

Dimension Funding is one of the few independent lessors who have a Cannabis Vertical market focus and value proposition.  As a member of CLAB, Dimension’s creative and innovative financing programs help Cannabis businesses invest in the technology solutions and capital equipment they need to expand their business operations.  Please reach out for additional information and if you are interested, there is a private event on Tuesday 4/20 in Fort Lauderdale that promises to be a great time with opportunity to meet many local Cannabis related business owners and of course the CLAB Board. 

The staying power of the stay-at-home economy

At this point the “Work From Home Revolution” is here to stay. This quick read Axios article prompts us to look closely at all of the social issues attached to this new normal. Have you developed a sales strategy that makes it simple and easy for businesses to implement technology systems that enable their safe and efficient utilization of home offices for employees? Find out more about how our customized financing programs can be helpful in making your products and services easily affordable, call Dean Morrison at 954-224-3390 today.

The staying power of the stay-at-home economy

Illustration: Aïda Amer/Axios


The pandemic proved a large swath of the population can produce services and consume goods without leaving their homes — if supported by other workers, Axios' Erica Pandey writes.

Why it matters: We risk becoming an even more divided society — with Peloton-riding, Amazon Prime-ordering office workers living within a convenient, luxurious stay-at-home economy and essential workers servicing that lifestyle while scraping by themselves.

The big picture: Income inequality was a huge — and growing — issue before the onset of the coronavirus pandemic, but the last year widened the chasm between rich and poor.

• In Q1 of 2020, the top 1% of Americans held 29.9% of the wealth and the bottom 50% held 1.9%. The gap grew to 31.4% for the top and 2.0% for the bottom by the end of the year, per Fed data.
• "Let’s not kid ourselves that this is a new problem," says Richard Reeves, the director of the Future of the Middle Class Initiative at the Brookings Institution. "The pandemic was just a flash of an X-ray bulb exposing these fractures."

What's happening: Remote work has become the ultimate privilege, giving those who can work from home sovereignty over time and place, Reeves says. Going to work every day used to be something of an equalizer. The pandemic dismantled that.

• Remote office workers can come and go as they please, spend more time with family, or even work from exotic locations. In-person workers, who tend to be lower-skilled and lower-income, still have to deal with the rigidity of clocking in and clocking out — and juggling child care, health care and life around it.
• For example, the Ford Motor Company recently announced all of its office workers can telework as often as they like. But all of the workers in production don't have that option."We’re going to keep seeing this growth of home being the epicenter of life," says Zara Ingilizian, an expert on the future of consumption at the World Economic Forum. "And not everyone will have access to this at-home future we’re discussing. That has tremendous implications."

We're already seeing the far-reaching effects of telework on businesses and individuals alike

• As the stay-at-home economy pushes independent restaurants and shops to shutter in droves, retail behemoths who can offer delivery, like Amazon, Walmart and Kroger, have had blockbuster years.
• Jobs in hospitality and tourism are still down 25% compared with February 2020, while jobs in software development and finance are up 13% and 12%, respectively, according to the jobs site Indeed.

Yes, but: There are silver linings.

• Flexibility was always an option for workers at the top, Reeves says. At least now it's spreading to all workers who can telework. "I’d rather leaders have to justify that inequality rather than it being unspoken that managers can come in later than everyone else," he says.
• And we could see companies offer new perks to their essential workers to hold onto them. "One implication is companies feel pressure to compensate people who work in-person higher because that is now seen as a detriment," says Jonathan Rothwell, chief economist at Gallup.

What to watch: Workers in jobs being created by the stay-at-home economy — in food delivery, warehousing and trucking — face a double whammy, says Ingilizian.

• Many of these roles are gig jobs, without stability and with low pay. And they're also on the automation chopping block. Per a recent WEF report, 40% of retail job activities and 54% of consumer goods production job tasks are subject to automation.
• Automation is poised to make the inequality induced by the stay-at-home future even worse, Ingilizian says.

3 Strategic Ways to Acquire Material Handling Equipment on a Budget

 

If you’re interested in financing your material handling equipment through a third-party vendor, be sure to contact Dimension Funding. You’re only an online application and a quick approval process away from getting a time tested, hassle-free, and convenient financing option for your next equipment upgrade.

3 Strategic Ways to Acquire Material Handling Equipment on a Budget

Turbocharging Legal Automation

The Pandemic has turbocharged legal automation.  A year into remote transition and firms still haven’t defined all of the tech enabled benefits and efficiencies available to them.  One thing is certain: The utilization of creative financing programs enable the firms implementation of the technology solutions that have become required in an effort to provide the highest level of customer service standards available. 

The Pandemic Has Turbocharged Legal Automation—With Room to Spare

Small Businesses and the Vaccine Rollout

An interesting report was published today by Caity Roach from Coleman Reports in the Leasing News which supports what many experts have been suggesting. More than ever before, if you are selling technology solutions and/or capital equipment, including a financing option for your customer isn’t just a good idea, it should be an essential component of your closing strategy. Call for additional details on how Dimension Funding can customize a customer financing program for your sales team.

Vaccine Distribution Increases Small Business Optimism

By Caity Roach, Editor, Coleman Reports

Despite the growing availability of vaccines, most small business owners do not anticipate the economy returning to normal anytime soon. According to the U.S. Chamber of Commerce’s quarterly small business report, six out of ten (59%) small business owners now predict it will take more than six months to get back to pre-pandemic conditions. Nevertheless, vaccine distribution does appear to be lifting small business spirits. More than half of small business owners polled report that the vaccine makes them more optimistic about the future of their business (54%) and the business climate across the country (59%).

Here are some additional survey findings included in the MetLife and U.S. Chamber of Commerce Q1 2021 report:

• A growing number (45%) say they can operate indefinitely without shutting down in the current environment, up five percentage points from last quarter, 17 points from July 2020, and 22 points from late April 2020 when only 23% said they could operate indefinitely.
• Overall, 62% of small business owners say they are comfortable with their cash flow, just three percentage points below pre-pandemic levels.
• 47% of small businesses anticipate their revenue increasing this year, on par with sentiments during the pandemic. Another 14% expect it to decrease, while 32% think their revenues will stay the same.
• While almost half (49%) of small businesses plan on retaining their current staff size over the next year, 32% plan to increase staff (up from 27% saying they would do so in Q4 2020).
• As the pandemic continues, small businesses are paying more attention to their employee’s mental health. 60% of small business owners say they are actively seeking to improve their employees’ mental health.
• Just over half (52%) of small business owners say they are likely to require employee COVID-19 vaccinations.

The race to secure 5G

Make sure you are providing clients with convenient and affordable monthly financing options so they can easily acquire all of the products and services you sell!

Learn More About 5G and what it means to your business!

Evolving Technology in the Legal Space

For many lawyers, working remotely during the pandemic tested their technological aptitude. Lawyers can face risks if they do not update their practices to stay informed about developments in technology.  Dimension Financing programs make it simple, convenient and affordable to invest in technology, call today to discuss our special Q2 financing programs coming out next week!

The Evolving Duty of Competence in the Digital Age

  

Cannabis Market Financing

While legislation to enable access to banking appears to be getting closer to reality, Dimension Funding continues to provide flexible equipment financing programs to the Cannabis industry. Please call for additional details and information on our Cannabis market financing programs today, Dean Morrison, 954-224-3390 or by email at dmorrison@dimensionfunding.com