Construction Equipment Leasing and Heavy Equipment Financing

Funding Success - $5,200,000

A contractor came to us with a real problem. First was a growing business, and second was a balance sheet that created limits. We were able to fund $5,200,000 for the purchase of additional Caterpillar equipment, with each piece adding $25,000 in net profits monthly.

Construction Equipment Financing-Whether your construction company was founded 100 years ago or you are a new contractor, the equipment you need is expensive. It works hard and eventually needs to be replaced. At Equipment Leases Inc., we love to work with America’s builders. Tailoring a program that perfectly aligns with seasonal needs is one area of expertise.

Ventures into new building projects that will stretch your resources are no match for our EXPERTS. We help general Contractors, Sub-Contractors, and Developers.  We do this by helping you find a balance between the equipment needed and enough working capital on hand to grow the business and expand.

Let’s face it: Construction equipment is expensive. Paying for that equipment with cash drains working capital away from your business. And in most situations, it is not the wisest course to follow. Taking out a loan to buy it puts your company’s credit standing at risk. It usually entails expensive monthly payments and lots of extra fees.

A great alternative is to lease construction equipment instead. Equipment Leases is the equipment finance company you can trust to give you straight answers. We also have Mining and Fracking Equipment leasing. And to keep your office techs happy, IT equipment leasing.

We cover just about any construction, heavy equipment, and related needs.

Get Heavy Equipment Financing for the Machinery You Need

Your small to medium business has more than likely experienced the frustration of needing new equipment yet needing help to get that equipment. It does not matter if it was due to poor credit rating or cash flow being low. Or it could be that you have to choose to have money for a large down payment or purchasing supplies. If you can’t get the necessary equipment and have the capital for supplies and other needs your business will never grow.

Too often, small to medium businesses are not awarded contracts because they do not have the equipment needed to do the job. Your company must be competitive with larger companies. Being competitive requires you to have the machinery you need for the job. Whether that job is building a road, a mall, or a bridge, it requires machinery that works.

All contracting jobs work on a deadline. What happens if your small or medium business lacks the necessary equipment? You run over the deadline, and your business loses money. Each of the following scenarios could be your company, but we have the solution.

You have 4 or 5 dump trucks. That means they have to be split to bring in supplies and haul off debris. If one or two of those trucks break down, you will be behind on meeting the deadline, and your business will lose money.

What if you only have one crane machine? That means you have to keep moving it from one area of the job to another. Another crane means you won’t lose time every time you have to move the crane.

If your grader breaks down, what are you going to do? You will be down until it is fixed, and downtime equals money lost.

It doesn’t matter what type of machinery you need or the circumstances of that need; we have the solution for you. Our team truly understands the construction business. We are dedicated to providing first-rate financing solutions and advice. We know your top goal is to protect your bottom line, and we’re right there with you.

Because we can approve the same day we get your application, you typically take possession of the equipment the same day or the very next. This keeps downtime to a minimum and increases the chances of you meeting your deadline or finishing the job ahead of the deadline.

What are the Benefits of Leasing Construction Equipment?

Benefits of Leasing Construction Equipment

The most obvious advantage of leasing construction equipment is that it frees up extra cash that would otherwise be sunk into down payments and other expenses.

Leasing is also intelligent because it doesn’t impact your business’s credit standing; it’s a business expense. The experts at Equipment Leases can design a lease for you built around your budget and needs. With a sizeable current portfolio and more than $200 million to place on quality projects like yours, we are the experts on construction equipment leases that can say YES to you.

With leasing the equipment, you can negotiate swapping the machinery for the newest equipment without the hassle of over-extending your capital.

Your equipment can’t keep up with demand if it is old and lagging in power. You can’t build a road if you don’t have the dump trucks, pavers, or graders that will get the job done. When it comes to construction work, your reputation is important, meaning you must do a great job every time. To do that you need equipment that runs well, works hard, and

Here are some of the benefits of leasing:

Those are just the major benefits of leasing your construction equipment. Your small to medium business can save money by using Equipment Leases for the equipment you need.

Leasing versus Financing

Which is better, leasing or financing? Each has its advantages and disadvantages. First, let’s look at leasing.

Leasing has its advantages. The down payment and monthly payments are lower. You can negotiate the payments going on hold during the off-season or slow times of the year. You can also negotiate the ability to trade equipment for more updated equipment as it becomes available without penalties or high refinancing rates. Installation and servicing of equipment can be negotiated into the lease as well. Then there is the tax break because it is an expense, not an asset. That is the only disadvantage to leasing equipment; it is not considered an asset. That means you cannot use it to secure a loan.

With the experts at Equipment Leases, you will find the program that best suits your needs. Eight programs are available to get you the financing and leasing you need.

Let’s look at traditional financing through banks. It requires a large down payment, often 20%. The monthly rate is higher because it is figured out by the amount you finance plus interest and broken down over the term of the loan. The term could be 60 months, for example. You are responsible for all the upkeep and maintenance of the equipment because it is considered an asset you have to claim on your taxes. If you need newer equipment, you have to sell this equipment first or try to refinance the loan to get the latest equipment you need.

Most small and medium companies find that leasing is their better option. It allows them to save their spending capital for supplies, advertising, and growing their business.

Construction Equipment Financing Process

Our construction equipment financing process works like this: you fill out a simple, easy form and attach a few pieces of information. It only takes a few minutes. Could you attach three months of bank statements, equipment invoices, and a copy of DL? We can approve them on the same day. It does not matter if your credit is excellent or poor. We have a solution that will work with your company.

We have eight funding programs that fit any business that wants to grow, from tiny to medium companies.  These packages envelop finance opportunities for projects between $100,000 to $50,000,000. These leasing plans include small or medium businesses without an actual financial report.

Some of the funding programs include:

  • The application-only program is ideal for projects between $100k and $ 250k. It requires two to three bank statements, a short application, and a personal FICO score above 680. Larger projects up to $ 50 million and well-prepared financial records will accelerate the funding of your more extensive project.
  • Our other business lending programs include our asset-backed business loans. These asset-backed loans are ideal for sales companies. Companies spending millions on new inventory orders that tie up large amounts of cash can use this program. You send us the invoices, we pay for the inventory, and you pay us when it sells.
  • Our program for poor or bad credit companies is second to none. If your company is poor, harmful, or has no credit, this program is the one you want.

We invite you to explore any funding programs that may work for your current situation. And let us go to work for you to get the deal put together. We would love to hear from you anytime.

Remember, Equipment Leases is your best choice for construction and heavy equipment financing and leasing. We can help you grow your business. We work with many industries, including:

  • Manufacturing
  • Cannabis
  • Food packaging
  • Food processing equipment
  • IT equipment leasing
  • LED Lighting & Installation
  • Material handling equipment
  • Medical, dental & healthcare
  • Mining equipment
  • Office & TI equipment
  • Oil & gas equipment
  • Power generation equipment
  • Renewable energy equipment
  • Retail equipment
We look forward to helping your small or medium company grow even bigger.

Choose the Proven Construction Equipment Leasing and Finance Experts

You want to choose the proven construction equipment leasing and finance experts for your small or medium business. Equipment Leases is the Experts. Our specialty is funding business equipment needs along with creative solutions and expertise designed to help any business to obtain the equipment and products needed. For the past eight years, we have put our expertise to work helping small, medium, and fortune 500 companies get the equipment they need.

It is also important to us that we treat our customers with top-rated customer service before, during, and after the project is approved and funded.  In fact, our documents department, no matter how busy they are, is absolutely the best. 

So choose the expert in construction and heavy equipment leasing and finance experts and let us help you get the equipment you need. We have up to 6,000,000 in construction equipment leasing available.

The Heavy Equipment We Lease and Finance

What construction and heavy equipment do we lease? Any heavy equipment, construction equipment, and even IT equipment you may need for your small or medium business.
  • Bulldozers
  • Compactors
  • Diggers
  • Cranes
  • Dump trucks
  • Excavators
  • Surveying Equipment
  • Jackhammers
  • Backhoes
  • Cement Trucks
  • Tractors & Trailers
  • Dragline Excavator
  • Graders
  • Wheel Tractor Scraper
  • Trenchers
  • Loaders
  • Tower Cranes
  • Pavers
  • Compactors
  • Telehandlers
  • Dump Trucks
  • Pile Boring Machine
  • Pile Driving Machine
Imagine how much cash you could free up by leasing instead of buying. Plenty of other construction companies are already enjoying the perks of leasing their equipment, and there’s no reason you can’t join them.

Equipment Leasing Success

Case Study
Case Study

Construction Equipment Lease $6,000,000

Caterpillar, John Deere, Komatsu, Terex, CNH Industrial, Cummins, and Liebherr are significant players in the construction equipment industry. We have financed every name brand on terms as short as 24 months and as long as 84 months. Not every customer can afford to purchase new equipment. The used equipment industry is robust. We finance used equipment where money center Banks WILL NOT DO IT!!!!! We do not have hours or condition restrictions with our leases. You can use your equipment when, where and how you want. We provide the funding you make money! We welcome the opportunity to provide financing on new units, but where we shine and do a great job is funding your used purchases. Our last used finance option was $6 MM worth of used Terex equipment. We provided a 60 monthly Operating lease, and the customer leveraged a lower payment because of solid future values and long economic useful life values.