The right fit, the right financing.
Whether your jobs require a compact excavator or an articulated dump truck, Martin Equipment has the right tools, flexibility and support to get you the equipment you need. Now, you can manage cash flow with total confidence and get back to what really matters: growing your construction business.
Which solution is right for you? When you’re considering a loan or a lease for your construction equipment, here are a few things your Martin Equipment Sales Representative might want to discuss with you to determine the best plan for you and your business:
- How long will you need the equipment?
- Do you want to own the machine at the end of the term?
- Are you interested in keeping up with the latest technology?
- Are you more concerned about the lease rate or the overall cost?
- Are you just looking for the lowest possible payment?
Loan Advantages
There are many aspects to consider when you are looking into loaning equipment. Our team is ready to walk you through your specific needs as you consider the following loan advantages:
- You're building equity – you own the equipment when you're done paying for it
- You can depreciate your equipment
- The equipment appears as an asset on your balance sheet
- No hour limits for the time you use the machine
- Build equity with installment payments
- You may see tax benefits
Lease Advantages
As opposed to loaning, leasing may be the best solution for you. Consider the following advantages that could give your company an edge:
- An opportunity to pay less up front
- The potential to increase your cash flow by making lower payments than with an installment loan
- Deploy equity elsewhere in your business instead of building equity in equipment
- Pay for the use of the equipment, then return it at lease-end or explore your purchase options
- Enjoy more flexibility and potentially easier scheduled equipment replacement
- Reduce downtime. Keep newer equipment with the latest technology in your fleet
- You may see tax benefits
As you weigh your financing options, rest assured that the Martin Equipment team is dedicated to finding the right solution for you. We know there’s no one-size-fits-all approach, which is why we’re ready to dive in and work together to create the perfect financial plan to help your company succeed. Ready to get started? Contact our team.