Heavy Equipment Leasing
Heavy equipment leasing is preferred by many businesses, especially start-up companies such as construction companies, because they donít want to be making large monthly payments for equipment they may not be using all the time or equipment
they may not have a need for if something goes wrong with their business. Plus, in these economic hard times, it is better to lease heavy equipment then it is to purchase it because of the low resale value the equipment has.
The acquisition of heavy equipment leasing such as fork lifts, dump trucks and other heavy equipment is a good idea because it saves your working capital and your cash for when you really need it or for everyday expenses. In addition, you will preserve your good credit because your lines of credit and other financing options are left untouched incase of emergencies or other times in which you need your credit.
Leasing is a monthly payment like a car payment only at the end of the payments, you have two options, one is to purchase the equipment at a discounted rate or to return the equipment if you are no longer going to use or need it. Leasing is also 100 percent financing available to people with good credit so there is no upfront out of pocket money needed when you need some type of heavy equipment leasing.
Some heavy equipment leasing companies, in addition to leasing the heavy equipment, also lease the warehouse and storage that may be needed for the heavy equipment to save you the trouble of finding storage space on your lot or leaving the heavy equipment out in the elements.