It’s clear from today’s robotics headlines that this form of automation is not just here to stay — it’s only going to continue its rapid growth trajectory. The barrier to entry for companies considering automated solutions is lower than ever before. Industrial robots are becoming both cheaper and easier to implement – and they can now handle a wide range of tasks, such as palletizing, packaging, transportation and more. As a result, automation is expanding beyond classic industries like automotive manufacturing. Retailers, manufacturers, distributors, food service providers and countless other ..read more

Three Key Issues Have Created a Complex Selling Environment Equipment vendor financing solutions have become more essential than ever, and for good reason. We are all aware of the many challenges facing the economy today, the impact on vendors’ sales cycles has been significant. Prior to the onset of these issues, lead times for equipment averaged four to six weeks. According to Gartner, companies are now quoting 200 to 300 days for certain types of hardware — and above 400 in some instances. But supply chain matters are just the beginning. Labor also remains an issue, with many industries str ..read more

The as-a-service model to sell technology services is quickly becoming mainstream. And for good reason. Value-added resellers (VARs) are increasingly finding it more challenging to sell technology solutions as an upfront capital expenditure. Simultaneously, IT departments are expected to do more with less staff and lower budgets while delivering more business value to gain a competitive edge and earn more profit. New sales models, such as Robotics as a Service (RaaS) and Hardware as a Service (HaaS) are attractive because they take work off the desks of busy IT professionals and allow them to ..read more

It’s a Difficult Time for Companies That Need Hardware to Meet Growing Demand and Keep Moving Forward As a manufacturer, distributor, reseller or integrator, you understand how challenging the current equipment hardware landscape is. Supply chain shortages and inflation, both of which will be industry companions for many months to come, have added extreme lead times and excess costs to hardware purchases. Despite that, the companies you support need enterprise hardware more than ever to meet growing demand from businesses and consumers alike. It’s a complex situation that has led many companie ..read more

Cleveland financing company is named the US financing company for Denmark-based robotics manufacturer CLEVELAND – Leading hardware financing company River Capital Finance announces their partnership with Mobile Industrial Robots to offer custom, flexible financing options to customers looking to automate their warehouses by investing in robots. “With the current labor shortages and rising inflation, the need for warehouse automation is more crucial than ever,” said Mike Jones, Senior Vice President of River Capital Finance. “We’re excited to be able to offer financing solutions to Mobile Indus ..read more

River Capital Welcomes Kyle Surplus River Capital welcomes Kyle Surplus to the team as a Vice President of Business Development. Kyle Surplus comes to River Capital with over 20 years in the equipment finance world.  Working with large banks and independents responsible for both direct originations and development of vendor programs. He lives in Colorado and enjoys biking, golf and competitive softball. “I am thrilled to join a very tenured and talented team,” said Surplus “River capital has an amazing culture and the people/team is what excites me about our future.” River Capital Finance ..read more

We are pleased to be in a strategic partnership with Aegex Technologies, a Global provider of certified intrinsically safe solutions that connect people, assets and data. River Capital Finance offers Hardware-as-a-Service (HaaS), an intuitive user experience for Aegex customers. This technology now provides customers a cost-effective path to properly equipping all personnel at your enterprise with the proper tools for a profitable transformation. Aegex Technologies is a global provider of certified intrinsically safe solutions that connect people, assets, and data in industries with hazardous ..read more

The use of robotic technology in supply chain warehousing is growing at an astronomical rate. Understandably so, as automation is proven to increase production while decreasing production costs, not to mention improve reliability and safety. Of course, the shift to automation is expensive and many warehousing businesses just lack the funds. At the same time, NOT investing in robots can quickly put warehousers out of business. Fortunately, there is an industry solution on the rise called Robotics as a Service (RaaS) which involves leasing robotic technology rather than purchasing it. Much like ..read more

As your warehouses, distribution centers or fulfillment centers struggle to overcome labor shortages and keep up with exploding eCommerce demands, you might be thinking about making the leap to automation. Robotic technology in warehousing operations can do more with less and responds well to spikes in customer demand. Unfortunately, many warehousing businesses rule out robotics because of cost. But wait, don’t let this happen to you! Affordability can be instantly attained through a more flexible agreement called Robotics as a Service (RaaS). Rather than buying the equipment, you rent your r ..read more

The use of robotic technology in supply chain warehousing is growing at an astronomical rate. Understandably so, as automation is proven to increase production while decreasing production costs, not to mention improve reliability and safety. What was once a nice-to-have is becoming a need-to-have in order for companies to remain competitive. Of course, the shift to automation comes with a heavy price tag and many warehousing businesses just lack the funds. At the same time, NOT investing in robots can quickly put warehousers out of business. Fortunately, there is a popular business model tren ..read more