Concrete Equipment Leasing
For many contractors involved in concrete pumping and related applications (such as shotcrete, gunite, grout, slabjacking, plaster spraying, etc), concrete equipment leasing is a necessity to get your operation off the ground or propel you to the next level. Regardless of whether you’re a small business with frequent use of your concrete equipment or perhaps a property owner preferring to cut costs by doing your own maintenance, you need equipment that is reliable and durable. Leasing your concrete pumping equipment can effectively be less costly than buying it new.
Options available for concrete equipment leasing:
•Gunite/ Shotcrete Batch Plants
Payment options for concrete equipment leasing:
Bank loans, credit cards and leasing are common options for concrete pump financing since they offer payment plan options that conserve cash flow. The prices ranges vary greatly from small hand-powered grout pumps to full-scale concrete pumps, which of course factors in to the financing decision. Concrete pumping equipment leasing, however, offers advantages over credit and bank loans:
•Equipment leasing finances 100% of the equipment cost leaving working capital for other needs.
•Equipment leasing also offers lower interest rates than credit cards.
•Commercial equipment leasing does not call for a down payment that bank loans typically require.
Saving for future financing needs
Protect your financing with commercial equipment leasing. Since commercial lease payments are essentially pre-tax dollars, they oftentimes can be treated as a fully tax deductible expense. This is a good conversation to have with your tax preparer or accountant.
Keeping your concrete pumping equipment up to date
Maybe you were considering buying that new model with bigger engine, shotcrete pump with mixer, grouting pump with the ability to pump pea rock in the mix, new plaster/stucco pump that also allows you to pump fireproofing materials, or batch plant to make you gunite machinery operation completely self-sufficient. If the initial cost is steering you away, concrete pump leasing can be the answer. Since commercial lease payments allow you to essentially pay as you use the equipment and pay in low-interest installments, cash flow may be available for the more expensive commercial equipment upfront, which essentially will save your business in proficiency in the long run.
How to get started leasing your commercial equipment
The concrete equipment leasing process is quick and easy. Complete our application form or call us today at 800.949.7040 to get started. Or if you still have questions on if leasing your commercial equipment is right for you, give us a call, that’s what we’re here for.
Discover the advantages of using Advantage for your commercial equipment financing needs today