Crane Financing

Determining the type of cranes your business can depend factors on what you want to specialize in such as lifting capacity, versatility, reliability, and customer satisfaction. Transportation, warehousing, construction, bridges, commercial buildings, you determine your business then equipment will follow. You can grow allow with master lease agreement.

Here are some of the most popular crane truck manufacturers in America:

1. National Crane:National Crane, a subsidiary of Manitowoc Cranes, offers a range of telescoping, Trucks and articulating cranes mounted on truck chassis. Their cranes are known for their durability, efficiency, and innovative features.
2. Terex Corporation: Terex manufactures a variety of crane trucks under brands like Terex Cranes and Terex Utilities. They produce hydraulic truck cranes, trucks, and aerial work platforms suitable for different industries and applications.
3. Grove: Grove, another brand under Manitowoc Cranes, is well-known for its high-quality mobile cranes, including all-terrain, rough-terrain, and truck-mounted cranes. Grove crane trucks are renowned for their performance, reliability, and advanced technology.
4. Link-Belt: Link-Belt, a subsidiary of the LBX Company, offers a range of telescopic truck-mounted cranes known for their strength, precision, and ease of operation. They provide solutions for various lifting challenges in construction, infrastructure, and industrial projects.
5. Elliott Equipment Company: Elliott specializes in manufacturing truck-mounted aerial work platforms, trucks, and cranes. Their products are designed for versatility, safety, and efficiency, catering to industries such as construction, utilities, and tree care.

These manufacturers are among the leading providers of crane trucks in America, offering a wide range of models to meet the diverse needs of customers across different industries. It’s essential to research specific models and consult with industry experts to determine the Best Crane. Best Crane Truck financing can consist of the following when working with Liberty Capital.

• Up to 120% equipment cost
• Up to $250,000 application only
• Up to $5,000,000 with financial statements
• New or used Cranes and Trucks 
• Private Seller or Equipment vendors
• 12 – 84-month fixed payment terms
• No down payment required for qualified borrowers.
• Competitive Rates for qualified borrowers
• Sale Lease Back for access to working capital.
• Will not appear on personal credit reports.
• No pre-payment penalties
• No Age restriction on Cranes

We’ve provided Crane Equipment Financing for huge companies who develop big projects like apartment, hotels and big condo units that requires specialized crane truck, who are mandated to upgrade to make sure it’s compliant.  We are a direct lender that specializes in the heavy equipment market so we can develop a customized finance solution geared to enhancing your business growth, image and bottom line.

A Broad Range of Cranes Equipment Financing Solutions…

Whether replacing outdated or failed equipment, expanding, or simply taking advantage of an opportunity to surpass competition, Liberty Capital can create a solution that minimizes cost and maximizes return. Liberty Capital makes leasing FAST…. EASY…. FLEXIBLE. You can lease commercial crane equipment and much more when you turn to Liberty Capital to meet your business’s needs.

 Truck Equipment Financing Options

Choose Between Equipment Finance Agreement or Equipment Lease for Cranes.

Liberty Capital accommodates clients with to commercial truck financing options that will yield very little working capital outlay.

• $99 for the first 6 months: Requires only $99 to start.
• 90-day Deferred Payments – $0 for the first three months
• Working Capital loans for short-term cashflow needs
• Fast approvals online application only up to $250,000, full financials above $250,000.00
• Other off-balance sheet financing – Fair Market Value, 10%
• Lease – $1 buyouts.
• Terms from 12 – 84 months

These solutions typically involve two primary options:

• Cranes & Truck Financing: Businesses secures equipment financing for crane operators in their manufacturing facilities. These types of truck financing allow businesses to spread the cost of the equipment over time, making it more affordable for business owners with equipment financing. Heavy asset like Crane truck can be very expensive to pay outright.
• Cranes & Truck Leasing: Leasing involves off-balance sheet financing in the form of Fair Market Value (FMV). During the lease term, the business pays regular payments to the leasing company. Payments is deducted 100%. At the end of the lease term, the business may have the option to purchase the equipment, typically, 10% or based on current fair market value. Or return the equipment or negotiate a new lease agreement for upgraded equipment.

Both financing and leasing options offer benefits such as preserving cash flow, avoiding large upfront costs, and providing flexibility in of consistently having an updated equipment. Additionally, financing and leasing solutions for equipment may include maintenance, installation, delivery, and service agreements.

Credit Requirements for startup restaurants:

• Business license or active business entity with the secretary of state
• Personal guarantees required from all owners.
• Minimum 600 credit score
• No bankruptcies in the last 7 years
• No unresolved tax liens
• 20% down payment for startups

Crane Truck Equipment Financing for startups and established companies.

Even mom and pop crane operators or owners know they could always use new equipment. Most construction and commercial roads and building construction owners maximized it’s revenue by expanding their establishment through heavy equipment financing. You can be creative, but you are limited based on that location’s demographic and capacity. So, the solution is to expand. Most expansion means new location, taking over existing locations or even knocking down walls, building new ones or just leasing some well positioned location to maximize revenue. To make this happen, you will need capital. You can leverage your cashflow, or you can borrow.

Funding for equipment can be very useful on any stage. As you grow, even more crucial to get truck operators financing to preserve working capital. but you have built credit that second, third location will go smoothly with prior credit history. You now have a comparable credit you can use and show to your potential prospective lenders who wants to help only businesses at certain size. Once a restaurant hits 3 to 5 years in age, that’s when most lenders will feel comfortable to lend. Banks will consider 3 years and under start up. No matter, your credit will determine whether you can borrow as a startup restaurant or funding your future expansion.

Therefore, crane truck, crane financing has many benefits. It will save your business cashflow by financing depreciating assets. Avoid obsolescence and inflation buster. Don’t forget it builds asset for the business while benefiting from tax deductibility under IRS section 179 of these types of purchase.  these types of equipment can be too expensive to buy, and anyway, they depreciate so fast. Equipment Leasing is the best way to go about it is conserving cash and protecting from obsolescence. The best thing about Office Equipment Leasing is that you also enjoy tax benefits and the low monthly payment it affords you, same as the person that buys the equipment, most of these transactions will not appear on personal credit since it’s a business loan.

Whether you decide to lease, borrow, or buy out right, you will find yourself in need of an equipment leasing and financing is more easily accessible through your trusted funding source Like Liberty Capital. Cashflow is King once it’s paid you can’t cash out of business equipment. Fixed asset should not be paid w/ liquid cash.  There’s no such thing as secondary equipment marketplace who will refinance your paid off equipment. Liberty Capital understands that it’s not just equipment financing it’s all about the cashflow.

The Truck Dealers and Equipment Vendor.

What part do they play?

We have utilized our years in business, experience in verifying and vetting equipment vendors, and formal resources to weed out vendors that are not well suited for our customers. To that end, we recommend looking for those who are reputable. We can get the vendor approve for you as well. To avoid fraud, we work with you to make sure your successful protected from unscrupulous vendors. Contact us quickly before putting any down payment to any vendors without verifying their history. We can do that for you!

What type of funding crane operators need to expand:

1. Build-Out Capital: This type of funding is essential for covering the costs associated with renovating or constructing the physical space for the storage and yard including leasehold improvements, construction materials, interior design, and signage.
2. Equipment Financing: Construction owners often require financing to purchase or lease equipment necessary for their operations, such as trucks, crane trucks, lift trucks, extended trucks, services trucks and heavy equipment. Equipment financing allows them to acquire these assets without depleting their capital reserves.
3. Line of Credit: A line of credit provides business owners with flexible access to funds to cover short-term expenses or manage cash flow fluctuations. It can be used for various purposes, including purchasing inventory, covering payroll costs during slower periods, or addressing unexpected expenses.
4. Payroll Funding: To ensure smooth operations and retain qualified staff, crane operators/owners may need funding to cover payroll expenses. This type of funding can help them meet their payroll obligations during periods of low revenue or when facing unexpected financial challenges.
5. Inventory Financing: Business owners rely on a steady supply of ingredients and supplies to meet customer demand. Project financing allows them to purchase inventory in bulk or maintain adequate stock levels without tying up their working capital. This type of funding is particularly beneficial for seasonal businesses or those experiencing fluctuating demand.

By leveraging these types of funding, crane truck business owners can effectively manage their expansion plans, invest in essential assets, maintain cash flow stability, and position their business for long-term success.

The Crane Financing Application Only up to $250,000

One of the utmost necessities for a Crane Operator is its cranes in it’s fleet of equipment. It’s imperative to ensure that operational equipment, which serves as an asset for the company, is well-maintained and kept current. Equipment loans or leasing are viable routes for expanding a heavy construction company. Leasing offers numerous advantages, though they won’t be explored here today. One notable benefit of equipment leasing is the accompanying tax advantages, cashflow saving, inflation buster and safety from obsolescence.

So, if you want to expand your crane truck business operation, we can handle working capital, term loans, lines of credit and especially Used Heavy Equipment, including trucks, crane, lift cranes and many heavy ticket items all can be financed. Apply now to get your business capital to grow. Call now 888-511-6223.