Posts Tagged ‘Equipment’

A Guide To Excavation Equipment

Product Description
Its no secret that rental companies make a killing
with the equipment they rent out. Most companies
will rent on a daily or weekly basis, which is good
for them but can be bad for you. Depending on what
area you work in, the price can be very high or
just right.

Depending on what type of equipment you need, the
price to rent will vary. Excavators and off road
dump trucks are among the highest to rent, as they
can cost as much as 12,000 dollars per month! This
may seem a bit outrageous at first, although if you
own a profitable company and are working on a big
project, you’ll have problems meeting the price.

Buying

When you need more equipment and don’t want to rent,
you can buy your equipment. Buying is the way to
go if you plan on using the equipment more. If you
work on large projects on a frequent basis, you may
want to look into buying the equipment you need
instead of renting.

Buying will save you money in the long run, providing
you are going to be using the equipment again. If
you need the equipment for one or two projects, you
may just want to rent. Sure you won’t own the
equipment, although you certainly don’t want to buy
something you won’t be using.

“A Guide To Excavation Equipment” covers many aspects of excavation equipment….

Backhoe Loader
Bulldozer
Case CX330
Skid Loader
Caterpillar D-11
Compact Excavator
Comparing Trenchers To Compact Excavators
Cranes
Drag Line Excavator
Komatsu
Dump Trucks
Clearing
Excavation
Trench Digging
Forklift
Front Loader
Harvester
Electronics
Comfort
Maintenance
Safety
History
Service
Hydraulic Machinery
Equipment
Hoses and tubes
Fittings
Sales
Rental

Download “A Guide To Excavation Equipment” Now!

A Guide To Excavation Equipment

Hydraulic Excavator E-Learning CD General Construction

  • Genuine Caterpillar Operator Training Product
  • e-Learning for Heavy Equipment Operators
  • Covers all general construction Caterpillar Hydraulic Excavators
  • Machine models 301.5 to 318C

Product Description
The Equipment Training Solutions (ETS) group is pleased to announce thirteen new self-learning Operator Training CD’s. These training modules were created for beginning operators, technicians, equipment owners, and others wanting to learn about Cat machine operating basics. These materials are intended to give end users basic knowledge on safety, maintenance, pre-operating procedures and operating procedures. There is a knowledge self-check exercise at the end of each unit and a final examination at the end of the program enabling students to print their results. Interactive exercises makes learning enjoyable. Each CD includes a resource section with tailgate safety presentations, operator cabs and controls, specalogs and links to Equipment Training Solutions and Caterpillar websites.

Requirements:

This CD and software will function on the majority of PC machines. Macintosh systems may require additional software.
Operating System: Windows 2000 or XP.
Display: Recommended 1024×768 or better at 16/32 bit (Minimum 600×800 at 16 bit color)
CPU/Memory: Intel Pentium 4 with 512MB (1GB recommended)

Hydraulic Excavator E-Learning CD General Construction

Used Machinery Trader?s New Offerings

While other companies have closed down, those that run a construction business know pretty well how to keep themselves afloat financially amidst the economic crisis. Either they partner or do business with a used machinery trader who has long been in the field of construction equipment trading.

It is definitely advisable to turn to reputable companies that engage in used equipment trading as this will guarantee you more savings, but be sure to perform a background check on the company you tap before doing business with it. This is not only to ensure the integrity and legitimacy of a firm but also to find out if it has plans of evolving, or perhaps, if it’s satisfied already with its current offerings to the public, it would be best to put a cross mark over it as it will only guarantee you mediocre services.

A company may have all kinds of heavy machinery required for the smooth delivery of a construction job, but the question is how long before its products will hit obsoleteness? Remember that the turnover of equipment is very fast nowadays because those in the construction industry are constantly looking for ways to provide better service for their existing and potential clients.

Never settle on the idea that the pavers, scrapers, cranes, loaders, haulers, concrete mixers, road graders, and even used industrial plants you see in a heavy equipment trader’s warehouse guarantee high performance. It is advisable to check the manufacturing date of the equipment and its usage history for these factors will help determine its present condition.

Although you can rebuild used heavy equipment according to your specifications, it would feel better to have the assurance that what you’re about to buy is ready for use and does not have to go through any reconditioning phase.

You will also find it helpful to maintain an open communication line with your supplier of used equipment so that you’ll always be the first to know about their new product offerings. Mind you, this is the trade secret of flourishing companies.

This year will introduce new models of mini excavators, industrial cranes, tractors, and whatnot, so don’t be left behind when your trader starts churning out slightly used machinery.

Even if you’re just looking for old generator sets for sale, be very discerning and rest assured you will never end up a victim of used machinery traders who are only out to gain profit by offering below standard equipment.

Trans-global Distributions is a company offering Used industrial plants and construction equipment trading. For more information, visit http://www.tgdtrading.ca/

Finance and Lease Computers and Office, Hardware Machinery and Equipment, New and Used, Leasing and Financing Programs Update, Part1 | Scribd

Finance and lease computers and office, hardware, machinery and equipment programs are still available for new and used computer and office equipment, however leasing and financing volume for the first part of 2010, was basically flat for most United States Industries.

Even though we are going through tough credit times, computers and office, hardware, machinery and equipment financing and leasing is still available for the good credit applicant and also for the not so good applicant. We are going to discuss the available computer and office finance and lease programs in general to give you an idea that money is still available for start up and seasoned businesses.

First we are going to start with the applicant with great credit. That would be an applicant with 680 or higher credit and time in business that exceeds three years. The applicant should not have any prior bankruptcies and should have low debt ratios. This applicant can qualify up to $25,000 to $50,000 application only programs. Additionally, this gives the good credit applicant a good opportunity to acquire a great lending rate. If the applicant seeks more than $50,000, they will have to provide more documentation to qualify. This would include two years prior years business and personal income tax returns and the summary page of your last three months business bank statements.( high average bank balances are looked at favorable)  A personal financial statement might be required as well as interim financial statements. A copy of the invoice detailing the computer and office equipment acquisition would be required as well..

 

Applicants with personal credit scores between 650 and higher still have a good opportunity to acquire their desired computer and office equipment acquisition. They should have a minimum of three years in business without prior bankruptcies. Low debt to income ratios are also looked at favorable. Additionally, some lenders still might offer application only programs and anything beyond the minimum application only levels would require the same documentation as above.

 

With the second tier credit described above, the rates will be slightly higher than “A” Credit with great computer and office equipment and machinery financing and leasing opportunities available.

 

Applicants with Credit scores between 600-650, there are many computer and office equipment lending programs available without perfect credit. Even though there may be some dings on the applicant’s credit, there are still financing and leasing opportunities out in the financing market. There won’t be application only programs but plenty of lenders will look at you. Once again, strong healthy bank balances with time in business with profitable operations showing on your tax return is a big plus… Usually, full documentation information is required. The front money in these financing programs can run anywhere from 10-20% where as the first two programs can run as low as the first two payments..

There are other lenders that are not credit driven, but are story book driven. They work with start ups and seasoned businesses without perfect credit. They are more cash driven, and require some additional requirements to qualify. These lenders rates are higher than the computer and office programs described above but gives the applicant options that might be available elsewhere..

 There are other lenders that are not credit driven at all but look at the free and clear assets that are available to the lender. Most lenders like machinery, bulldozers, trucks, excavators, etc that have retained a good value. These are cash poor applicants but have good qualified assets that the lender will qualify.

These lenders have their own formula to work out a lending base. One should call to find out the particular details (Copies of free and Clear Titles are required).These finance and lease programs can finance up to $5,000,000 or more based upon qualified assets. 

 In this recession, many lenders have had to focus on their repossessed computer hardware and office equipment inventories instead of normal business due to cash flow demands, out of balance credit lines with their own lenders, and competing with other lenders for the small supply of buyers in the market place.

 In the prior better times, there were many application only programs up to $250,000 and $150,000. This meant there were no financial statements, tax returns or bank statements required. Today, there are less application only lending programs available, or the available programs require more information and their rate factors are higher than before. Due to problems in the computer industries, many lenders have gone back to more conventional lending requirements.

.

These lending changes have a tremendous impact on normal business for marginal credit buyers, start up businesses and more mature businesses. One interesting area that has arisen out of this economic downturn is dealer/special financing. With all the repossessions in the market place today, buyers still have a unique business opportunity to acquire a repossession with a credit score as low as 550. Repossessions can be obtained with very little or no money down, sixty months to repay, regardless of age, and more favorable financing terms than conventional financing.

 

Since new business capital is difficult to obtain, it is suggested that the start up and seasoned business examine the repo markets. This could be a rewarding in the combination of both price and financing.

 Remember, there are finance and lease programs that go into the millions for larger applicants, obvious they will require full documentation packages.

 If conventional isn’t available to you for whatever reason, please check out the repossession market and see what deals you may be eligible for poor applicants but have good qualified assets that the lender will qualify.

 Happy hunting for your new and used computer and office, hardware, equipment and machinery acquisition and its related financing 

 

Rick has over thiry years in the financial field, including leasing, working capital and hard asset money loans, and commercial lending

U.S Corporate Capital Leasing assists the start up and seasoned business for all their computer and office equipment, machinery and hardware financing needs.

http://www.cclgequipmentleasing.com/lease_computers.htm

http://www.cclgequipmentleasing.com/lease_equipment.htm

Finance and Lease Fitness, Gym, Exercise Machinery and Equipment, New and Used, Leasing and Financing Programs Update, Part1

Finance and lease fitness, gym, exercise, machinery and equipment programs are still available for new and used  equipment, however leasing and financing volume for the first part of 2010, was basically flat for most United States Industries.

Even though we are going through tough credit times, gym, fitness, exercise, machinery and equipment financing and leasing is still available for the good credit applicant and also for the not so good applicant. We are going to discuss the available gym, fitness, exercise finance and lease programs in general to give you an idea that money is still available for start up and seasoned businesses.

First we are going to start with the applicant with great credit. That would be an applicant with 680 or higher credit and time in business that exceeds three years. The applicant should not have any prior bankruptcies and should have low debt ratios. This applicant can qualify up to $25,000 application only programs. Additionally, this gives the good credit applicant a good opportunity to acquire a great lending rate. If the applicant seeks more than $25,000, they will have to provide more documentation to qualify. This would include two years prior years business and personal income tax returns and the summary page of your last three months business bank statements.( high average bank balances are looked at favorable)  A personal financial statement might be required as well as interim financial statements. A copy of the invoice detailing the fitness, gym and exercise equipment acquisition would be required as well..

 

Applicants with personal credit scores between 650 and higher still have a good opportunity to acquire their desired fitness, gym and exercise equipment acquisition. They should have a minimum of three years in business without prior bankruptcies. Low debt to income ratios are also looked at favorable. Additionally, some lenders still might offer application only programs and anything beyond the minimum application only levels would require the same documentation as above.

 

With the second tier credit described above, the rates will be slightly higher than “A” Credit with great fitness, gym, and exercise equipment and machinery financing and leasing opportunities available.

 

Applicants with Credit scores between 600-650, there are many fitness, gym and exercise equipment lending programs available without perfect credit. Even though there may be some dings on the applicant’s credit, there are still financing and leasing opportunities out in the financing market. There won’t be application only programs but plenty of lenders will look at you. Once again, strong healthy bank balances with time in business with profitable operations showing on your tax return is a big plus… Usually, full documentation information is required. The front money in these financing programs can run anywhere from 10-20% where as the first two programs can run as low as the first two payments..

 

There are other lenders that are not credit driven, but are story book driven. They work with start ups and seasoned businesses without perfect credit. They are more cash driven, and require some additional requirements to qualify. These lenders rates are higher than the gym, fitness and exercise programs described above but gives the applicant options that might be available elsewhere..

 

There are other lenders that are not credit driven at all but look at the free and clear assets that are available to the lender. Most lenders like machinery, bulldozers, trucks, excavators, etc that have retained a good value. These are cash poor applicants but have good qualified assets that the lender will qualify.

These lenders have their own formula to work out a lending base. One should call to find out the particular details (Copies of free and Clear Titles are required).These finance and lease programs can finance up to $5,000,000 or more based upon qualified assets.

In this recession, many lenders have had to focus on their repossessed fitness, gym and exercise equipment inventories instead of normal business due to cash flow demands, out of balance credit lines with their own lenders, and competing with other lenders for the small supply of buyers in the market place.

In the prior better times, there were many application only programs up to $250,000 and $150,000. This meant there were no financial statements, tax returns or bank statements required. Today, there are less application only lending programs available, or the available programs require more information and their rate factors are higher than before. Due to problems in the economy, many lenders have gone back to more conventional lending requirements. .

These lending changes have a tremendous impact on normal business for marginal credit buyers, start up businesses and more mature businesses. One interesting area that has arisen out of this economic downturn is dealer/special financing. With all the repossessions in the market place today, buyers still have a unique business opportunity to acquire a repossession with a credit score as low as 550. Repossessions can be obtained with very little or no money down, sixty months to repay, regardless of age, and more favorable financing terms than conventional financing.

Since new business capital is difficult to obtain, it is suggested that the start up and seasoned business examine the repo markets. This could be a rewarding in the combination of both price and financing.

Remember, there are finance and lease programs that go into the millions for larger applicants, obvious they will require full documentation packages.

 If conventional isn’t available to you for whatever reason, please check out the repossession market and see what deals you may be eligible for

 Happy hunting for your new and used fitness, exercise and gym equipment and machinery acquisition and its related financing.

        

 

Rick has over thiry years in the financial field, including leasing, working capital and hard asset money loans, and commercial lending.

U.S Corporate Capital Leasing assistst the start up and seasoned businesses for all their

Finance and Lease Technology, Medical, Manufacturing Machinery and Equipment, New and Used, Leasing and Financing Programs

Finance and lease programs for technology, medical, manufacturing machinery and equipment, new and used, are still available in 2010 even though leasing and financing volume for the first part of 2010 was basically flat  

Even though we are going through tough credit times, technology, medical, manufacturing machinery and equipment financing and leasing is still available for the good credit applicant and also for the not so good applicant with marginal credit. We are going to discuss the available technology finance and lease programs in general to give you an idea what money is still available for start up and seasoned businesses.

First we are going to start with the applicant with great credit. That would be an applicant with 680 or higher credit and time in business that exceeds three years. The applicant should not have any prior bankruptcies and should have low debt ratios. This applicant can qualify up to $150,000 application only programs. Additionally, this gives the good credit applicant a good opportunity to acquire a great lending rate. If the applicant seeks more than $150,000, they will have to provide more documentation to qualify. This would include two years prior years business and personal income tax returns and the summary page of your last three months business bank statements.( high average bank balances are looked at favorable)  A personal financial statement might be required as well as interim financial statements. A copy of the invoice detailing the technology machinery and equipment acquisition would be required as well..

 

Applicants with personal credit scores between 650 and higher still have a good opportunity to acquire their desired technology machinery and equipment acquisition. They should have a minimum of three years in business without prior bankruptcies. Low debt to income ratios are also looked at favorable. Additionally, some lenders still might offer application only programs and anything beyond the minimum application only levels would require the same documentation as above.

 

With the second tier credit described above, the rates will be slightly higher than “A” Credit for technology medical, manufacturing equipment and machinery financing and leasing opportunities available.

 

Applicants with Credit scores between 600-650, there are many technology lending programs available without perfect credit. Even though there may be some dings on the applicant’s credit, there are still financing and leasing opportunities out in the financing market. There won’t be application only programs but plenty of lenders will look at you. Once again, strong healthy bank balances with time in business with profitable operations showing on your tax return is a big plus… Usually, full documentation information is required. The front money in these financing programs can run anywhere from 10-20% where as the first two programs can run as low as the first two payments..

 

There are other lenders that are not credit driven, but are story book driven. They work with start ups and seasoned businesses without perfect credit. They are more cash driven, and require some additional requirements to qualify. These lenders rates are higher than technology machinery and equipment programs described above but gives the applicant options that might be available elsewhere..

 

There are other lenders that are not credit driven at all but look at the free and clear assets that are available to the lender. Most lenders like machinery, bulldozers, trucks, excavators, etc that have retained a good value. These are cash poor applicants but have good qualified assets that the lender will qualify.

 

These lenders have their own formula to work out a lending base. One should call to find out the particular details (Copies of free and Clear Titles are required).These finance and lease programs can finance up to $5,000,000 or more based upon qualified assets.

  In this recession, many lenders have had to focus on their repossessed technology equipment inventories instead of normal business due to cash flow demands, out of balance credit lines with their own lenders, and competing with other lenders for the small supply of buyers in the market place

.

In the prior better times, there were many application only programs up to $250,000 and $150,000. This meant there were no financial statements, tax returns or bank statements required. Today, there are less application only lending programs available, or the available programs require more information and their rate factors are higher than before. Due to problems in the economy, many lenders have gone back to more conventional lending requirements.

.

These lending changes have a tremendous impact on normal business for marginal credit buyers, start up businesses and more mature businesses. One interesting area that has arisen out of this economic downturn is dealer/special financing. With all the repossessions in the market place today, buyers still have a unique business opportunity to acquire a repossession with a credit score as low as 550. Repossessions can be obtained with very little or no money down, sixty months to repay, regardless of age, and more favorable financing terms than conventional financing.

 

Since new business capital is difficult to obtain, it is suggested that the start up and seasoned business examine the repo markets. This could be a rewarding in the combination of both price and financing.

 

Remember, there are finance and lease programs that go into the millions for larger applicants, obvious they will require full documentation packages.

 

 If conventional isn’t available to you for whatever reason, please check out the repossession market and see what deals you may be eligible for.

 

Happy hunting for your new and used technology medical, manufacturing  equipment and machinery acquisition and its related financing

 

 

Rick has over thiry years in the financial field, including leasing, working capital and hard asset money loans, and commercial lending.

U.S Corporate Capital Leasing assists the start up and seasoned businessess for financing in all different industries…

http://www.cclgequipmentleasing.com/lease_medical.htm

http://www.cclgequipmentleasing.com/lease_equipment.htm

When you Need a Used Skid Steer?or Need to Get Rid of One!

Sometimes an excavator or a heavy loader is just more than you need for a job. That’s why the skid steer, which can perform similarly to an excavator or a heavy loader on a smaller scale, is a central piece of machinery to many construction, demolition, landscaping, and mining companies as well as a farms and other agricultural operations.

The kind of skid steer you need depends on the scope of your operation, but the best part about skid steers is that there are so many add-ons and work tools available, the skid steer is one of the most adaptable pieces of machinery in your inventory. If you’re in a business that requires the use of heavy equipment, you’re in a business that requires the use of a skid steer.

Perhaps you’re starting a business and need a skid steer or maybe you need to replace a skid steer that no longer works. You might even have a used skid steer that you no longer need and want to earn back some of the purchase price by moving it off of your lot.

If you’re looking to purchase a skid steer, you should consider buying a used skid steer instead of a brand new one. Not only will you save thousands of dollars, but if the used skid steer is in good enough condition, you may have a better-operating machine than a brand new model which has yet to be fully tested in the field.

You can find a used skid steer for sale online for just $6000 if you know where to look! Online used construction equipment classifieds sites offer a variety of used skid steers, from a 1978 New Holland 1778 to a 2005 John Deere 320 at low prices and even negotiable rates. See if you can get a better deal than the average list price with a seller who’s willing to bargain!

If you only need a skid steer for short time—perhaps for one project or while your other skid steer is being repaired—you can rent a used skid steer for just a few thousand—maybe even a few hundred—per month. Renting a used skid steer solves the problem of trying to get rid of the used skid steer you no longer use. If you know that you’ll only need it for a short time, save your money and rent it short-term!

Perhaps you won’t find the exact used skid steer you need for your operation, but if you find a good used heavy equipment Web site, you’ll be able to post a Want Ad detailing the kind of used skid steer for which you’re searching. A seller can then contact you with his or her best offer!

If you already have an excess used skid steer to sell, a used heavy construction equipment classifieds Web site is exactly the place you need to get that used skid steer off of your lot and thousands of dollars back into your pocket. While it’s true that many used heavy construction equipment classifieds Web sites can charge sellers upwards of 20% of the sale price—which, when dealing with used heavy equipment can easily equal $5000, $10,000, or even $20,000—not all used heavy equipment classifieds Web sites are like that!

There are websites site that offer 100% free basic membership to all buyers, sellers, renters, and leasers. Members are typically allowed to post FREE For Sale, For Rent, and Want Ad postings each month at no charge. The ads allow for detailed descriptions, multiple images, and full contact information as well as a free company store link to showcase multiple heavy equipment pieces for sale at once. When a transaction is made, it stays between the buyer and the seller or the renter and the leaser. No matter the amount of money passed between them, MachineryZone.com takes a 0% fee.

Since you’re sure to need a variety of skid steers for your farm or construction, landscaping, demolition, or mining business, you’re going to need to find a place that offers a variety of used skid steers at bargain prices. The best used heavy equipment classifieds Web sites don’t punish buyers or sellers by taking fees and they offer their members a wide variety of options when posting an ad. Sign up for a free membership at one of these sites and start browsing the used skid steer ads today!

For more resources about buy used heavy equipment or even about crane please review this page http://www.machineryzone.com

For more resources about buy used heavy equipment or even about crane please review this page http://www.machineryzone.com

Equipment, New And Used, Leasing And Financing Update

For equipment, new and used, leasing and financing in 2009 and the early part of 2010, economic times were no different than most United States Industries.

Even though we are going through tough credit times, financing and leasing is still available for the good credit applicant and not the so the good applicant. We are going to discuss the available  financing and leasing programs in general to give you an idea that money is still available for start up and seasoned businesses.

First we are going to start with the applicant with great credit. That would be an applicant with 680 or higher credit and time in business that exceeds three years. The applicant should not have any prior bankruptcies and should have low debt ratios. This applicant can qualify up to $50,000 to $75,000 application only programs. Additionally, this gives the good credit applicant a good opportunity to acquire a great lending rate. If the applicant seeks more than $50,000 to $75,000, they will have to provide more documentation to qualify. This would include two years prior years business and personal income tax returns and the summary page of your last three months business bank statements.( high average bank balances are looked at favorable)  A personal financial statement might be required as well as interim financial statements. A copy of the invoice detailing the acquisition would be required as well..

Applicants with personal credit scores between 650 and higher still have a good opportunity to acquire their desired acquisition. They should have a minimum of three years in business without prior bankruptcies. Low debt to income ratios are also looked at favorable. Additionally, some lenders still might offer application only programs and anything beyond the minimum application only levels would require the same documentation as above.

With the second tier credit described above, the rates will be slightly higher than “A” Credit with great financing and leasing opportunities available.

Applicants with Credit scores between 600-650, there are many lending programs available without perfect credit. Even though there may be some dings on the applicant’s credit, there are still financing and leasing opportunities out in the financing market. There won’t be application only programs but plenty of lenders will look at you. Once again, strong healthy bank balances with time in business with profitable operations showing on your tax return is a big plus… Usually, full documentation information is required. The front money in these financing programs can run anywhere from 10-20% where as the first two programs can run as low as the first two payments..

There are other lenders that are not credit driven, but are story book driven. They work with start ups and seasoned businesses without perfect credit. They are more cash driven, and require some additional requirements to qualify. These lenders rates are higher than the programs described above but gives the applicant options that might be available elsewhere..

There are other lenders that are not credit driven at all but look at the free and clear assets that are available to the lender. Most lenders like bulldozers, trucks, excavators, etc that have retained a good value. These are cash poor applicants but have good qualified assets that the lender will qualify. These lenders have their own formula to work out a lending base. One should call to find out the particular details (Copies of free and Clear Titles are required)

 In this recession, many lenders have had to focus on their repossessed inventories instead of normal business due to cash flow demands, out of balance credit lines with their own lenders, and competing with other lenders for the small supply of buyers in the market place.

In the prior better times, there were many application only programs up to $250,000 and $150,000. This meant there were no financial statements, tax returns or bank statements required. Today, there are less application only lending programs available, or the available programs require more information and their rate factors are higher than before. Due to problems in the industry, many lenders have gone back to more conventional lending requirements. .

These lending changes have a tremendous impact on normal business for marginal credit buyers, start up businesses and more mature businesses. One interesting area that has arisen out of this economic downturn is dealer/special financing. With all the repossessions in the market place today, buyers still have a unique business opportunity to acquire a repossession with a credit score as low as 550. Repossessions can be obtained with very little or no money down, sixty months to repay, regardless of age, and more favorable financing terms than conventional financing.

Since new business capital is difficult to obtain, it is suggested that the start up and seasoned business examine the repo markets. This could be a rewarding in the combination of both price and financing.

The following types of industries are examples of what we are describing here for equipment leasing and financing construction trucks and equipment, work and commercial vehicles, over the road trucking including Semis and big rig Trucks, commercial trailers including flatbed, bottom and end dump, dry van etc and all types of construction equipment, backhoes, excavators, bulldozers, dump trucks, farm equipment, forestry equipment, heavy equipment, garbage trucks, concrete, cement and boom trucks, office and medical equipment

If conventional isn’t available to you for whatever reason, please check out the repossession market and see what deals you may be eligible for.

Happy hunting for your equipment leasing and financing needs.

Rick has over thiry years in the financial field, including leasing, working capital and hard asset money loans, and commercial lending.

U.S Corporate Capital Leasing assists the start up and seasoned businesses for financing in all different industries.

http://www.cclgequipmentleasing.com

http://www.cclgequipmentleasing.com/lease_construction.htm

Finance, Financing, Leasing, Lease Opportunities for New, Used Construction Equipment Acquisitions

For construction equipment, new and used, leasing, lease, finance and financing opportunities in 2009 and the early part of 2010  were no different than most United States Industries.

Even though the United States is going through tough credit times, construction finance and lease opportunities are still available for the good credit applicant and not the so the good applicant. We are going to discuss the available construction financing and leasing programs in general to give you an idea that money is still available for start up and seasoned businesses.

First we are going to start with the applicant with great credit. That would be an applicant with 680 or higher credit and time in business that exceeds three years. The applicant should not have any prior bankruptcies and should have low debt ratios. This applicant can qualify up to $50,000 to $75,000 application only programs. Additionally, this gives the good credit applicant a good opportunity to acquire a great lending rate.

If the applicant seeks more than $50,000 to $75,000, they will have to provide more documentation to qualify. This would include two years prior years business and personal income tax returns and the summary page of your last three months business bank statements.( high average bank balances are looked at favorable)  A personal financial statement might be required as well as interim financial statements. A copy of the invoice detailing the acquisition would be required as well..

Applicants with personal credit scores between 650 and higher still have a good opportunity to acquire their desired acquisition. They should have a minimum of three years in business without prior bankruptcies. Low debt to income ratios are also looked at favorable. Additionally, some lenders still might offer application only programs and anything beyond the minimum application only levels would require the same documentation as above.

With the second tier credit described above, the rates will be slightly higher than “A” Credit with great construction equipment  financing and leasing opportunities available.

Applicants with Credit scores between 600-650, there are many lending programs available without perfect credit. Even though there may be some dings on the applicant’s credit, there are still finance and lease opportunities out in the financing market. There won’t be application only programs but plenty of lenders will look at you. Once again, strong healthy bank balances with time in business with profitable operations showing on your tax return is a big plus… Usually, full documentation information is required. The front money in these financing programs can run anywhere from 10-20% where as the first two programs can run as low as the first two payments..

There are other lenders that are not credit driven, but are story book driven. They work with start ups and seasoned businesses without perfect credit. They are more cash driven, and require some additional requirements to qualify. These lenders rates are higher than the programs described above but gives the applicant finance and lease options that might be available elsewhere..

There are other lenders that are not credit driven at all but look at the free and clear assets that are available to the lender. Most lenders like bulldozers, trucks, excavators, etc that have retained a good value. These are cash poor applicants but have good qualified assets that the lender will qualify. These lenders have their own formula to work out a lending base. One should call to find out the particular details (Copies of free and Clear Titles are required)

In this recession, many lenders have had to focus on their repossessed inventories instead of normal business due to cash flow demands, out of balance credit lines with their own lenders, and competing with other lenders for the small supply of buyers in the market place.

In the prior better times, there were many application only programs up to $250,000 and $150,000. This meant there were no financial statements, tax returns or bank statements required. Today, there are less application only lending programs available, or the available programs require more information and their rate factors are higher than before. Due to problems in the construction industry, many lenders have gone back to more conventional lending requirements. .

These leasing and financing  changes have a tremendous impact on normal business for marginal credit buyers, start up businesses and more mature businesses. One interesting area that has arisen out of this economic downturn is dealer/special financing. With all the repossessions in the market place today, buyers still have a unique business opportunity to acquire a repossession with a credit score as low as 550.  Used and new construction equipment repossessions can be obtained with very little or no money down, sixty months to repay, regardless of age, and more favorable financing terms than conventional construction equipment financing.

 

Since new business capital is difficult to obtain, it is suggested that the start up and seasoned business examine the repo markets. This could be a rewarding in the combination of both price and financing.

 

The following types of industries are examples of what we are describing here for  construction equipment, new and used,  leasing and financing includes the following

Excavators, Backhoes, Skid Steer and Wheel loaders, Dump trucks, Concrete Mixers, Compactors, Concrete Pumps, Dozers, Forklifts Etc

 

 If conventional construction financing and leasing isn’t available to you for whatever reason, please check out the repossession market and see what deals you may be eligible for

 

 Happy hunting for your new and used construction equipment and its related lease and finance needs.

Rick has over thiry years in the financial field, including financing,

Off Lease and Repossessed Used Construction Equipment, Work Trucks and Commercial Trailers For Sale, Special Mid Year Update

Off lease and repossessed used construction equipment, work trucks, commercial trailers are for sale with special prices being offered by banks, repo companies and auction houses through out the United States. These repo and off lease specialist companies have partnered with local and/or regional banks to move these repossessions quickly.

Cash buyers have the best opportunity to acquire the list of repossessed items for sale for the lowest price. These partial repossessed property listings below are spread out across the United States enabling all prospective customers to participate in these specials…These repossessed specials are offered to wholesale dealers but banks will also entertain offers from the general public.

These banks and all other lenders are holding listings in their repo and off lease inventories. They must move these repossessions due to the factor it is impairing their cash flow and working capital.

The listing of repossessed work trucks, construction equipment and commercial trailers below isn’t all inclusive Commercial trailers, dump trucks, semi trucks, day cabs, forestry equipment, construction equipment, excavators, dozers, tow trucks

This is partial list and if you don’t see what you need, Call to enter your special request .MANY SEMI TRUCK PROGRAMS AVAILABLE….

In addition to the acquisition of repossessions and off lease equipment, one must consider the financing programs available If you are not a cash buyer.

 

Locating financing and leasing for Construction Trucks. Trailers and Equipment, such as bulldozers, compactors, concrete mixers, backhoes, excavators, dump trucks, construction trucks, heavy duty mixers, concrete pumps, crawler loaders, scrapers, forklifts, skid steer loader, concrete and cement trucks, wheel loaders, end, side, belly and bottom dump trailers, etc can be a acquisition and financing, leasing opportunity. Construction truck, trailer and construction equipment owners can seek and find special financing and leasing in the secondary markets where there are repos and off lease trucks, trailers and equipment to be secured for acquisition.

Some lenders offering repos and off work trucks in the repo market offer these trucks with a minimum credit score of 550. This gives the startup and/or seasoned business an opportunity to start and/or expand their business with bad credit. This opportunity would have never existed in the past. Other lenders offer no credit check but are reference and income driven to make sure they have qualified a good candidate to take over one of their over their construction trucks and related construction equipment. The construction truck and equipment financing and leasing doesn’t stop here, others lenders with good credit and time in business offer no down payments and up to 60 months to repay. This obviously gives the over the truck owner operator an unique opportunity to acquire construction truck financing. Other construction truck and equipment financing. leasing programs start at 575 and the down payments can be anywhere from 6-10% down based upon the applicant and the specific work truck. In addition, if you are a cash buyer, there is large opportunity to acquire a construction truck, trailer and/or construction equipment at a substantial discount. Prior Bankruptcies can be a road block for many finance deals, however these lenders will look at them on a deal by deal basis and in most instances will not be a deal buster…All trucks are reconditioned and subject to your inspection prior to release….

 

One should should consider this as an alternative if financing is required and good credit isn’t available by the applicant

Happy hunting for your repossessed work truck, construction equipment or commercial trailer acquisition and its related financing

Rick