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The Green Backbone: How Construction Financing Works

  • Writer: kavinjem4842
    kavinjem4842
  • May 31, 2023
  • 3 min read

Construction equipment is in great demand due to the ongoing requirement for infrastructure projects in the commercial and residential sectors. According to projections for 2022, the worldwide construction industry will rise over the next ten years, eventually reaching a value of US$174 billion. However, in order to acquire the necessary equipment, many construction companies require dependable financing solutions.


Keystone Equipment Finance Corp., a respected construction equipment finance source, offers several financing alternatives for both new and used construction machinery to help your company grow. Keystone Finance's heavy construction equipment programs will provide you with financing options for heavy construction equipment programs that your firm requires to function efficiently. Furthermore, money is available for the following items:


● Excavators

● Loaders with skid steers

● Bulldozers

● Automobile dumping

● Backhoes


Construction Equipment Financing Functions


As stated by the Equipment Leasing and Finance Association, 80% of all construction enterprises in the United States require financing in today's competitive economic environment. Options for financing construction equipment offer a range of benefits, including:


● Modern, high-quality gear that protects your company's financial assets.

● Construction Equipment Financing on Your Terms with a variety of payment arrangements, including seasonal or skip payments.

● You can enhance worker utilization, enhance productivity, and improve workplace safety by offering the right tools.


In addition to these benefits, equipment financing allows you to pay for the products you require over a specified period of time at a fixed interest rate. As a result, if you have the right tools, your firm will run more smoothly.



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How to Get Construction Equipment Financed


When you work with a trustworthy construction equipment loan company, getting the money you need is simple. As the manager of a construction firm, you understand how important it is to have the necessary tools on hand constantly. With financing choices from the country's premier equipment finance firm, you may begin construction projects, properly manage your budget, and consistently finish your projects on schedule and under budget.


Keystone Equipment Lending Explained


Keystone Equipment Finance Corp. is the industry leader in financing new and used equipment for small and medium-sized enterprises in transportation, construction, arboriculture, waste management, and other related fields. When the entire knowledge of the Connecticut-based company's management team is evaluated, they have more than a century's worth of experience in the equipment financing sector. Keystone Equipment Finance Corp., formerly known as Keystone Leasing Companies, Inc., was formed in 1972 and will be bought by Commercial Credit, Inc. (CCI) of North Carolina in 2021.


Why Is Keystone a Better Option?


Anyone interested in purchasing or leasing equipment, whether a supplier looking for a financing partner, an owner-operator, or a small or medium-sized business, may benefit from Keystone's enormous advantages over banks and other financial institutions.


● Because we are a non-banking financial entity, we may be more understanding than banks.

● Unlike AI or chatbots, you will receive personalized attention as a real human reply to your inquiries and provides help.

● We are equipment specialists that are well-versed in gear utilized in the many sectors we service.

● Any of our financing solutions and products may be tailored to your specific needs.

● Our allies are the most respected equipment vendors on the market.


Clients of our vendor partners receive rapid approvals and regular updates on the status of their financing requests at the moment of sale. Furthermore, Keystone Equipment Finance Corp. may assist our end-user clients in obtaining box trucks, over-the-road trucks, excavators, or other specialized equipment in order to keep up with the competition.

 
 
 

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