First Capital Business Finance
Are you looking to possibly rent or try financing soil compactors for your business? The construction industry is such a large space, with a wide variety of niches and we’re finding it to be very common that different types of construction industries have used for this type of equipment. From land graders, driveway and masonry contractors, road and highway contractors, and even landscaping companies. If you’re in the market to finance a commercial compactor, you should know your options before you start shopping.
We First Capital Business Finance offers a wide selection of financing and leasing programs for both new and used equipment. Financing your equipment is an excellent solution to preserve your capital. Have you done your homework? Do you know if this equipment will be needed for a longer period of time? If the equipment is going to be used for a short term, it might be best to rent the equipment. Just remember, you need to have a better understanding of the amount of work that will be done with this compactor. Some of our previous clients have told us they have been renting their equipment for over a year! After adding up the rental payments and miscellaneous fees, they could have owned one outright if they had financed it! So, make sure you have a good understanding what you’ll be needing this equipment for, and approximately how often you’ll be needing to use it.
If you have come to the conclusion, you’ll need a longer-term solution for this equipment, now you’ll need to make the decision if you will be buying this outright or if you’ll need some help with financing it. Depending on the type you need, a compactor can range anywhere from $1,000 and can be upward to $500,000.
For the more costly compactors, you might want to consider financing as an option. This will allow you to preserve your cash and will allow you to make affordable monthly payments.
We offer both traditional and non-traditional financing programs for those who have good and bad credit. Our programs start with the minimum amount financed at $5,000 and the maximum going to $2,000,000. We also can finance new or used equipment. Depending on what type of compactor you’re in the market for, it’s a good idea to contact us first and get pre-approved prior to signing any agreements or putting any type of deposit down with the dealer or seller.
After you’ve called us, and spoke with one of our advisors these are the steps needed to get the ball moving in the right direction.
At this point, you are most likely aware of the type of compactors you’re going to need. If you know the differences between the type of saws, you can skip this part. We are just going to list a few different types of concrete saws, and their purposes.
I only listed a few examples of compactors, there are different variations and hopefully, by now you’ll know if you will be needing to purchase or rent one.
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*Please don’t forget, these are not ALL our programs we offer. If you don’t see something you qualify for, always give us a call and speak to one of our advisors. If you don’t feel like talking on the phone, our Chat Help Desk in the lower right corner of your screen can also help you.
Now that you have an idea of just some of our programs, which example do you fall in? It’s ok if you don’t know, that’s what our advisors are here for!
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