Heavy Equipment Insights & Market Trends

Harry Fry Field Notes

A behind-the-scenes look at the insights, stories, and
lessons learned from decades of financing in the heavy
equipment and construction world. From industry trends to
customer success stories, this blog captures the heart of
our family-owned business and the values that have
guided us for over 30 years.

Wait and See. Heavy equipment and finance markets are carefully watching to see how tariffs impact supply chains and costs

Intended to protect domestic industries and jobs, and to provide a more equitable international market for U.S.-made products, tariffs have long been used as a tool of trade policy. However, they can also have far-reaching and unintended consequences.

Financing 101. How to Put Your Best Foot Forward

Besides interest rate increases, the most frequent topic customers and potential customers ask is, “What is the credit like today?” Due to bank shutdowns, constant media bombardment about a possible recession, and an uptick in fraud, lenders are proceeding cautiously. Are they lending? Yes! However, lenders are asking more questions and requesting more information.

Rate reversal. Can we expect an interest rate cut in the near term?

For the first time since 2020, the Federal Reserve cut interest rates, and they reduced the rate by fifty basis points .50 Bps, which was a larger cut than the expected. 25 Bps.