Used Heavy Equipment Finance & Loans for Machinery Purchases By 2024, the value of heavy industrial, mining, construction, and agricultural equipment worldwide is set to exceed $77 billion. That is, if suppliers can keep up with demand. Since the pandemic, new machinery shortages have resulted in used machinery increasing in value. This unexpected increase in…
Category Archives: industrial equipment finance
To Purchase or Hire Equipment? Short Term vs Long Term Solutions Is it better to purchase or hire equipment? Recently, one of our clients was facing this question themselves. Their business regularly uses mini excavators. Continuously hiring was costly and was coupled with a constant risk that the equipment would not be available. Given the…