Get Competitive Terms and Rates for Crane Truck Financing
Liberty Capital Group, Inc. specialize new or used crane truck financing. Transportation, warehousing, construction, commercial and industrial industry which purchases multiple equipment on a yearly basis, you utilize master lease agreement. Master Lease Agreement is a line of credit for equipment leasing.
Why Choose Crane Truck Financing with Liberty Capital Group, Inc.?
Affordability is key when it comes to acquiring new or used crane trucks. Our financing options offer the flexibility you need to manage your cash flow effectively while investing in the equipment necessary to grow your business. With longer loan terms of up to 84 months, we can help you reduce your monthly payments and make owning a high-ticket item like a crane, or crane trucks more manageable.
Compared to traditional lenders, we offer several advantages:
- Corp-Only Available: We cater to businesses of all sizes, including corporations.
- Up to 120% Equipment Cost: Our financing solutions can cover not only the equipment cost but also soft costs associated with acquisition.
- Fast Approval Process: With our simple one-page application, you can get Funding Approval as quickly as the next day.
- No Down Payment Required: Qualified borrowers may access financing without the need for a down payment.
- Lowest Rates: We offer competitive rates for qualified borrowers, ensuring you get the best financing terms available.
- No Pre-Payment Penalties: Enjoy the flexibility of paying off your loan early without any penalties.
Credit Requirements for Crane Financing for Start ups:
For startup waste management companies, we require:
- Business license or active business entity registration.
- Personal guarantees from all owners.
- Minimum 625 credit score.
- No bankruptcies in the last 7 years.
- No unresolved tax liens.
Financing Options for Cranes and Crane Trucks:
We offer various financing options tailored to your needs:
- Equipment Financing: Spread the cost of the crane truck over time with fixed payment terms.
- Equipment Leasing: Lease a crane truck with off-balance sheet financing options like Fair Market Value (FMV) leases.
Additional Financing Benefits:
- $99 for the First 6 Months: Get started with minimal upfront costs.
- 90-Day Deferred Payments: Pay nothing for the first three months.
- Working Capital Loans: Access short-term cash flow solutions for immediate needs.
Crane Truck 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 crane 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 truck 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 finance 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!
App-Only Financing for Cranes up to $250,000
What do I need to apply?
Ø ONLINE APPLICATION: You can fill out our application, upload and authorized us to process. We do soft-inquiry, and our lender will do hard inquiries once you are approved.
Ø Equipment Invoice or Quote for the equipment you want to buy. Multiple vendors accepted. We’ll lump them into one monthly payment for you.
Ø Banks statements (3-4 months) – Once we have your application, your funding advisor will reach out to discuss the process, timeline, and expectations. We’ll then make an offer and if accepted, we’ll reach out to the vendor for payment instruction. We can pre-fund any vendor up to 100%. We can do used equipment up to 60 months.
Covers many types of crane equipment in the industry
Easier to get than a traditional business loan
Less paperwork
Fast processing time
Less stringent requirements for qualifying
No collateral needed, the equipment is the collateral
May require less credit score for you and your business as well
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.
Crane 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% FMV
- Lease – $1 buyouts.
- Terms from 12 – 84 months
These solutions typically involve two primary options:
- Cranes & Grapple 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. Equipment Finance Agreement is a new form of financing where you get to own the equipment from day one.
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.
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. Crane Truck 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 leasing for your 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.
Are you an Equipment Vendor??
If you sell new or used trucks,
trailers or machinery including medical equipment, we’d love to partner with you
to offer highest approval rate for your clients. Our goal is to get them
approved no matter what their credit profile might be. Working with Liberty Capital
will give you a wider credit window so you can stop shopping for your clients.
We do soft-inquiry for each applicant.
Download Your Credit Guidelines Here
How to Apply?
All we need from your clients is a simple application.
1. ONLINE APPLICATION: You can fill out our application, upload and authorized us to process your application. We do soft-inquiry, and our lender will do hard inquiries once you are approved for Equipment Financing only.
2. Equipment Invoice or Quote for the truck or equipment you want to buy. Multiple vendors accepted. We’ll lump them into one monthly payment for you. We’ll accept bill-of-sale for some private sale.
3. Banks statements (3-4 months) – Proof income, proof of banking, and proof funds availability in case down payment is needed and to match for ACH Payment Drafting – as an auto pay.
Our small business financing experts are available to guide you through the funding Process.
Despite technological advancements, loans, especially in crane truck and equipment financing, predominantly involve personal interaction with an underwriter to ensure as fraud prevention. Automation may not suffice, particularly when dealing with a third party like the vendor and the complexities of equipment purchase. In such scenarios, business owners are often better served by collaborating with a Business Loans Broker like Liberty Capital Group, Inc., who can steer them in the right direction.
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Apply Online
Complete our quick online application. Application takes 5 mins.
Review Your Options
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Money will be deposited in your account in as little as 24 hours.
