It’s construction season again… Some of us in the Kansas City office can attest to that with the closing of the Buck O’Neil Bridge on the northern side of the city. Let’s just say our navigation skills to and from work are getting a little better during the bridge construction… I’m personally choosing the scenic route. We’ve heard from our vendors and customers across the country that construction is picking up in their neck of the woods too, whether that means new buildings, subdivisions, or homes. With all of these projects picking up, there are plenty of opportunities for construction contractors to get new work.
Having the right construction equipment is key
So, how do you stand out from the crowd? First of all, you’re going to need the right equipment. Bulldozers, Concrete Mixers, Forklifts, you name it. You need to have the equipment that’s right for the job. This isn’t a one-and-done ordeal either. As you know, advancements in technology have been allowing for exponential improvements in many different industries and their respective equipment types. With construction equipment, this can create some added competition, where you’re not only looking at having the right piece of equipment, but the most up-to-date as well. This may sound stress-inducing, but with the right planning, you can make your next construction equipment acquisition easy, and let you rest assured that you’re not only ready for the jobs of today, but for tomorrow as well. In many cases, financing or leasing your equipment can put you on the path to success.
Why use construction equipment financing or leasing?
As mentioned above, one factor you will need to take into consideration for your equipment acquisition is the advancement of the equipment. How do you stay up to date? With many leasing options, you can work out specific terms that work best for your time table so that you can get the most out of the equipment for the jobs you’re taking on, and then once your lease is up, you can re-evaluate what your needs are, and lease the newer products that may have emerged during your term-period. At SLS, we offer flexible terms to help get set you up with what works best for your business.
Furthermore, with financing, you can free up your funds by using smaller monthly payments, so that you can keep your working capital at the ready for its intended uses – we wrote another article that goes into this idea a bit deeper. With a few of these ideas in mind, let’s wrap this up with another factor that may be important during this year’s construction season.
We know speed is important for your construction equipment financing and leasing needs
When you need the right equipment for your construction project needs, there’s a chance you may need it ASAP. Our communications are quick at SLS Financial Services. No automated secretaries… Just real people. We know there are people behind the applications we receive each day, and we listen to your needs. If you have a specific project coming up, we’d love to hear about it and see how we can help. We’ve had many fruitful partnerships in the construction industry over the years, and we want to keep that going with YOU. If you have any further questions, don’t hesitate to reach out.
Our payment calculator can be found here.