Best options for construction and heavy equipment financing include: Bank loans, SBA loans, online loans and funding from specialty lenders.
Equipment financing and leasing can be powerful tools for construction companies looking to expand their capabilities. Customers Bank can help you leverage these solutions for long-term success.
Loan Advantages · You’re building equity - you own the equipment when you’re done paying for it. You can depreciate the asset. The equipment appears as an asset on your balance sheet. No limit on your equipment’s hours and wear. You will build equity with installment payments. Lease Advantages · An opportunity to pay less upfront. Generally, you may make lower payments than with an installment loan. Deploy equity elsewhere in your business instead of building equity in equipment. Pay f...
Equipment financing and leasing are valuable options for manufacturing companies looking to acquire new equipment or upgrade their existing machinery. Customers Bank can help you acquire the machin...
Lender/funder*, Loan/financing amount, Min. time in business, Loan/financing term ; Balboa, Up to $500,000, 7 months, 7 years ; ClickLease, $20,000, Any, 2-5 years ; 4 Hour Funding (Centra), Up to $150,000, 2 years, 2-5 years ; Commercial Funding Partners, $500,000+, 3 years, Varies ; Global Financial, Up to $1 million, Any, 1-5 years ; Paradigm, Up to $5 million, 2 years, 2-4 years ; South End Capital, Up to $5 million, Any, Up to 10 years ; Time Payment, Up to $1.5 million, Any, 12-60 months
Equipment loans help your business cover the cost of expensive machinery when you want to boost production or update your current operating systems. You can often finance business equipment directly through the manufacturer or seller — but you might find a better deal through a bank or alternative lender. Equipment financing is a type of business loan specifically for purchasing equipment. It’s very similar to how to finance a car or home — the asset secures the loan, the loan amount is ba...
Large equipment purchases may be necessary to help businesses operate, expand, or become more efficient. We researched and reviewed the best equipment financing companies based on factors like term...
Alta Financial Services provides heavy equipment financing & construction equipment financing for new & used equipment in Florida, Illinois, Michigan, New England, New York, Northern Indiana, and O...
Construction companies in the Detroit area know to come to Alta Equipment’s New Hudson location for new and used construction equipment sales, rentals, and more. We know that in the construction business, uptime matters. Stop by today to learn how we can help you maximize yours. From heavy earth movers to specialty construction equipment like pavers and graders, Alta Equipment is your source for the machinery you need to get the job done. We carry some of the toughest brands in the business, i...
Total Control ; Account Dashboard · Invoices & Payments · Items On Rent · UR Mobile App