If you’re planning to start a delivery business or a service where you or your employees would have to drive to your customers’ homes or properties, a fleet of vehicles might be just what you need to kickstart your business and begin earning a lot of money.
Of course, if you’re in need of a fleet of vehicles, chances are your business is already going quite well, and your plans for expansion are underway. However, even so, an entire fleet of cars, vans or pickup trucks might be a little too expensive to buy. So, what can you do?
One option is to save your profits and postpone the expansion. You can save enough for a down payment that would get you a loan to buy all the vehicles you need. The only downside is that, while you wait, you’ll lose a lot of potential profits and possibly some really good customers as well.
A far better option would be to lease your vehicles. Denver CO heavy equipment leasing companies offer significant advantages to businesses that lease their vans or trucks, including affordable repairs and maintenance, quick replacements (if one of the vehicles is in bad shape) and the option to manage the entire fleet as if it was your own, but at the fraction of the cost involved with buying it.
We know it is hard to make your business stand in such a competitive market, especially if you work with heavy and expensive equipment. Luckily, you can now manage to afford it, because there are good and fast leasing solutions at Alliance Leasing for the latest and innovative heavy equipment that your business needs.
If it is time to renew or expand your business, you will surely find financial leasing solutions for a wide range of heavy equipment and machinery. The most common types include:
Means of transportation
• Heavy commercial vehicles
• Trailers, semi-trailers, tractors
• Rolling stock – locomotives and wagons
• Pleasure boats & yachts
• Compactors / vibrocompactors
• Concrete mixers
• Concrete pumps
• Front loader
• Mills and asphalt stations
Printing / Editing
• Rotary printing machines
• Digital printing equipment
• Photo processing equipment
Agriculture & Food Industry
• Combine harvesters
• food processors
• Plastic casting
• Technological line of thermo-insulating windows
• Monitors and analyzers
• X-ray and X-ray scanners
• Dental and optical equipment
• Forklift trucks
• Forklifts (diesel or electric)
• CAD / CAM systems
• Storage equipment
• Macro computers
• High volume printing
As you can see, in almost any industry, you can find equipment to rent if you can’t afford or do not need to purchase.
Leasing heavy equipment is a popular solution, used by individuals and businesses. Currently, there are two main forms of heavy equipment leasing: financial and operational.
Financial leasing is the most common one. This financing option is similar to a bank credit. The customer (also called “the lessee”) purchases the equipment through a loan, which he/ she then repays in installments.
During the contract, the leasing company owns the equipment; only after the end of the contract, the client becomes the owner. However, the risks and benefits of ownership pass on to the user, when the contract is signed.
Operational leasing is a less-used solution. This type of contract is rather like a rental contract.
Therefore, the monthly rent will not be calculated by taking into account an interest rate, but it will depend on the degree of depreciation of the equipment during the period of the contract and the profit margin of the leasing company.
In the case of operational leasing, the customer will not become the owner of the equipment, when the contract ends. If they want to buy the equipment, they will have to negotiate a price at the end of the contract, with the leasing company, as if they were buying the equipment directly from the second-hand market.