Tag Archives for heavy equipment financing

Heavy equipment financing is also known as construction equipment financing that allows you to get a loan or lease to purchase construction equipment for your business, so you don’t have to purchase the equipment up front.

How To Manage Cash Flow for Construction Projects

Manage Cash Flow for Construction Projects

Working with a construction equipment loan provider plays a crucial role in managing cash flow. However, this is only one piece of a complex puzzle. Without proper cash flow management, companies may struggle to complete projects on time and within budget. Delays and change orders also cost money, which may affect company profits and client satisfaction. 1. Research Your Client The general advice in construction is for clients to double-check that contractors are bonded, licensed, and insured. However, construction companies Read More


Equipment Financing: How Does It Work?

contruction equipment financing

Think of construction equipment financing as a type of business loan. With this approach, a business does not have to make perpetual lease payments on equipment or tie up precious cash to purchase expensive equipment outright. For example, suppose you’re doing construction equipment financing. It lets your construction business obtain bulldozers, mini-excavators, dump trucks, motor graders, and other pieces of equipment right away without having to pay the full cost of each item immediately. This type of financing is a Read More


Is Business Equipment Financing Right for Your Business?

Equipment financing

Equipment financing is a popular option for obtaining the capital needed for business essentials. It offers many benefits for large corporations and small businesses alike. Is it the right choice for your company? Here are a few advantages that can help you decide: • Financing for businesses with poor credit • Flexibility for buying the equipment you want • Tax benefits for your business • Payment options that adapt to your cash flow • Large capital amounts for big-ticket items Read More


Easy Financing Options for Your Hospitality Equipment

Credit business loans

Heavy equipment financing. Your restaurant is only as high quality as your hospitality equipment. Besides, even the best staff can’t compensate for old, ineffective equipment.  But such equipment is costly and paying cash to upgrade equipment will put your cash flow at risk. Fortunately, there are easy equipment financing options available for restaurants to obtain the hospitality equipment they need to be profitable. How To Get Hospitality Heavy Equipment Financing Generally speaking not all financial institutions offer hospitality equipment financing, so seeking Read More


The Ultimate Guide to Trailer Financing

Trucking can be a profitable business to get into — but getting started in this industry? That takes resources. Financing and funding to kickstart or expand your trailer business ought to play a central role in your strategy. Prior to making a decision, know that buying tractor-trailers are expensive. Manning, equipping, and maintaining an entire fleet of them can be difficult, especially when you’re just starting out. Fortunately, there are designated truck, trailer, and equipment financing options that can help. Read More


How to Get Drill Rig Financing

Finance drill rig

Interested in drill rig financing? You’ve come to the right place. First Capital Business Finance is proud to offer drill rig financing that fits your needs. Read on to learn how to get drill rig financing through First Capital. Talk to the Experts The Steps to Getting Drill Rig Financing A drill rig, or drilling rig, is a machine that makes holes in the earth’s subsurface. They range in size from small enough to be moved by one person (called Read More


Can I get heavy equipment financing with bad credit?

Bad Credit Equipment Financing

Heavy equipment financing with bad credit: does it exist? Yes! Is heavy equipment financing with bad credit affordable? Absolutely. Most business owners, at some point or another, need heavy equipment to start their business or need upgraded equipment to continue growing and improve their service quality. Do any of these sound like you? You’re ready to start your trucking business, and you have everything you need except one thing: a truck. Buying a new semi truck isn’t exactly cost-friendly, and you Read More


Ritche Bros Auctions Heavy Equipment

heavy equipment financing

Heavy equipment financing is a great way to get your business the equipment it needs to complete jobs and grow.  Once you contacted us at to get the heavy equipment financing to buy, you may be wondering where to buy from. Ritchie Bros may have the answer. Get Heavy Equipment Financing Today! Ritchie Bros. Hosts Impressive 6 Day Auction This past February Ritchie Bros held their premier annual auction. It lasted from 19th-24th.  The Vancouver, B.C. based industrial auctioneer sold a Read More


This Program Pays for Half the Cost of a New Truck

commercial truck financing

Looking into replacing an old truck with a newer model, but don’t have the capital to do it? If you’re looking to replace a truck but don’t have the capital to do it, First Capital can help. Commercial truck financing and semi truck financing is easy with First Capital, even if you have bad credit. First Capital offers a myriad of financing programs to fit your budget and get your company the equipment it needs fast. No matter your credit score, Read More


Beyond Financing a Semi Truck: This Hat Could Save Truckers’ Lives

Semi Truck Financing

Semi truck drivers are often required to drive up to 11 hours in one day in order to make ends meet. Long hours spent on the road to make long trips can lead to drivers falling asleep at the wheel, often resulting in accidents and injuries. Ford wanted to help fix this problem. Here’s their super cool, technology-driven solution: Ford has created a trucker hat to wake sleepy drivers pic.twitter.com/hVLk0fKU8X — Tech Insider (@techinsider) November 7, 2017 Rules of the Read More