Some people have difficulty differentiating between a TLB and an excavator. To start off, let's explain the differences. What Is a TLB?...

Any investment in heavy machinery represents an important capital outlay. In order for this machinery to continue being a productive...

The transport of heavy equipment is a complicated exercise that requires close attention to the safety of the machinery and the people...

Any site on which heavy equipment is stored or operated is inherently dangerous on account of the pure size and weight of the equipment....

The objective of this blog is to understand the difference between input and output VAT on operating leases in South Africa, and the tax...

In the past, the accounting treatment of operating and capital leases was very different. In short, operating leases were off-balance...

In 2013 I ran the New York marathon for a charity that provides free financial education to the Mexican community living in New York. The...

Any business operating heavy machinery knows that their fuel bill makes up a big chunk of their total monthly expenses. The objective of...

Keeping costs under control in any business is a good strategy. In the heavy machine industry, one of the single biggest expenses...

In business, there are three things you should always do without thinking. Firstly, manage your cash. Secondly, talk to your customers...

The world's concept of ownership is changing. South African companies have traditionally purchased yellow metal equipment outright. There...

An excavator, or any large piece of heavy equipment, is a major capital asset for any business and the objective is to extract as many...

Before making any decisions on owning/renting/hiring heavy machinery, you need to understand the costs. In this blog, we are going to...

We are living in an age of technology and innovation. The trend is being driven by Silicon Valley which is shaping the future of mobility...

If heavy machinery is an important part of your business, you are faced with the choice of either buying, entering into a long-term...

You would be hard-pressed to find a more powerful image than moving the earth. If you Google the words “earth moving” you will find...

Vikfin is a specialist in excavators and used excavator spares. This is a simple primer on the basic things you need to understand about...

At Vikfin, we are specialists in excavators. If you are in the market for a second-hand excavator, we have prepared a quick checklist of...

Let's assume that you are in the market for a used machine. In the same way that there are lots of lemons out there that will leave you...

Here are ten things you need to look out for when buying used heavy equipment (source: https://thompsontractor.com/about/resources-(1)/us...