July 3, 2018

Buying a CNC Machine: Should I Take Out A Loan?

Buying a CNC Machine: Should I Take Out A Loan?

Buying a CNC Machine: Should I Take Out a Loan? While having debt isn't ideal, loans are sometimes a necessary part of business. Since getting a loan is so common these days, we THINK we understand them more than we ACTUALLY do. If you've got loans down pat, test your knowledge by taking our LOAN quiz on the NYCCNC site! The answers will surprise you!
That being said, we all NEED to know how these loans work and how to avoid common pitfalls and be smart entrepreneurs! We've said it once before but we'll say it again; "You don't know what you don't know!" Being a well-informed borrower can make the difference between owning that machine or having your personal assets taken!
Links for this video
Take the LOAN QUIZ here: http://bit.ly/2Iyg3zv
Our Story: How I Got Started | http://bit.ly/2IAt2R5
Learn | Make | Inspire: http://bit.ly/2hF0VW9
Reach us / CNC Info:
Learn Fusion 360 Tutorials, Speeds & Feeds, Entrepreneurship Advice:


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I discovered machining as a young adult and am grateful to have found something I love and am able to share with others.
We hope NYC CNC not only makes you a better machinist but helps you understand and learn more about how to succeed as a manufacturing entrepreneur!
If you appreciate what you've learned in this video and the effort that went in to it, please share the video!
If you REALLY liked it, feel free to become a Pro member at http://www.nyccnc.com which has Fusion 360 tutorials, a Pro-members Forum, videos on learning CNC machining, and manufacturing entrepreneurship advice.

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