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6 Reasons to Lease Compact Equipment ccapoccia Wed, 07/24/2024 - 16:51 In an industry as dynamic and fast-paced as construction, efficiency and flexibility are paramount. One key strategy that construction companies may consider to maintain a competitive edge is leasingequipment.
What to Consider When Leasing Heavy Equipment. Purchasing new equipment can be a big investment, no matter the business size. As you consider the jobs you have booked in 2021 and the equipment you will need, now is a good time to consider your payment choices. Elizabeth Manning. Fri, 02/12/2021 - 07:32.
Whether building your own home or a commercial building, you’ll need the right construction equipment to ensure the job is done correctly and efficiently. But with so many options available, it can be not easy to know which route to take when […] The post Construction Equipment: Rent, Buy, Or Lease?
5 Questions About Heavy Equipment Financing. If you’re purchasing heavy construction equipment this year, you may have some questions about financing your new machine. If you’re considering equipment financing, examine these five common questions to learn more. . Thu, 10/27/2022 - 15:46.
Every construction business owner gets to a point when a decision about new equipment must be made. There are many considerations, but one of the biggest is whether to lease or buy. Owners often wish for a cheat sheet to help them through the process.'
7 Reasons to Lease Compact Equipment ccapoccia Wed, 07/24/2024 - 16:51 In an industry as dynamic and fast-paced as construction, efficiency and flexibility are paramount. One key strategy that construction companies may consider to maintain a competitive edge is leasingequipment.
July 10, 2013) – Investment in equipment and software is expected to grow 4.8 percent in 2013, according to the Q3 update to the 2013 EquipmentLeasing & Finance U.S. Economic Outlook released today by the EquipmentLeasing & Finance Foundation. WASHINGTON, D.C.
Washington, DC, (January 23, 2013) - The EquipmentLeasing & Finance Foundation (the Foundation) releases the January 2013 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI).
July 24, 2013) — The EquipmentLeasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $725 billion equipment finance sector, showed their overall new business volume for June was $8.6 WASHINGTON, D.C.
February 22, 2013) –- The EquipmentLeasing & Finance Foundation released the February 2013 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today. WASHINGTON, D.C.
April 3, 2013) -- Investment in equipment and software is expected to grow 5.6 percent in 2013, according to the Q2 update to the 2013 EquipmentLeasing & Finance U.S. Economic Outlook released today by the EquipmentLeasing & Finance Foundation. WASHINGTON, D.C. percent, up from the 2.9-percent
July 22, 2013) - The EquipmentLeasing & Finance Foundation (the Foundation) releases the July 2013 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). Washington, D.C.,
February 26, 2013) — The EquipmentLeasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $725 billion equipment finance sector, showed their overall new business volume for January was $5.9
April 23, 2013) — The EquipmentLeasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $725 billion equipment finance sector, showed their overall new business volume for March was $6.8 WASHINGTON, D.C.
Washington, DC, (August 21, 2013) - The EquipmentLeasing & Finance Foundation (the Foundation) releases the August 2013 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI).
July 22, 2013) -- The EquipmentLeasing & Finance Foundation (the Foundation) releases the July 2013 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) today. WASHINGTON, D.C.,
Washington, DC (June 19, 2013) – The EquipmentLeasing & Finance Foundation (the Foundation) has released the June 2013 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI).
In the world of construction, a man is only as good as his tools and the various types of construction equipment are the most important tools on the jobsite. For any construction company or contractor to be successful, they must have the appropriate construction equipment available at a moment’s notice.
January 25, 2013) — The EquipmentLeasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $725 billion equipment finance sector, showed their overall new business volume for December was $11.5
Overall new leasing business was down 21 percent in November to $7.3 The numbers are part of the EquipmentLeasing and Finance Association’s (ELFA)… billion, after posting $9.3 billion in October. Business was down 7 percent compared to November 2019, and cumulative volume is off 6 percent to 2109.
Every construction business owner gets to a point when a decision about new equipment must be made. There are many considerations, but one of the biggest is whether to lease or buy. Buy or Lease. Leasing heavy equipment is similar to leasing a car.
Many contractors, both small and large, finance their equipment and software rather than purchase with a lump sum payment because of the cash flow benefits this practice can bring to their businesses. Gross Domestic Product and the EquipmentLeasing and Finance Foundation, $0.56 was financed.
Inside the 2023 Outlook for Equipment Acquisition & Financing ccapoccia Tue, 05/16/2023 - 16:08 Each year brings new challenges that construction businesses must navigate to be profitable and grow.
The EquipmentLeasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) showed new business volume for May was $6.7 billion, down 26 percent year-over-year from May 2019. Volume was down 18 percent month-to-month from $8.2 billion in April. Year-to-date, cumulative new…
Washington, DC (December 18, 2012) - The EquipmentLeasing & Finance Foundation (the Foundation) releases its 2013 EquipmentLeasing & Finance U.S. Economic Outlook today.
Managing a contraction site or other related projects requires investing in heavy equipment like excavators, bulldozers, backhoes, trenchers, graders, and compactors, among others. Generally, heavy equipment helps reduce the overall costs of a project. . These include buying, renting, and leasing. Choose A Licensed Supplier.
The Pros & Cons of Leasing Heavy Machinery ccapoccia Tue, 04/02/2024 - 14:55 As a business leader in the competitive construction industry, you have to set short-, mid- and long-term goals regularly — all of which require careful financial planning.
A 2015 study in the United States revealed that as many as around 70% of government’s heavy construction equipment remains unused. In fact, the government equipment that’s sitting inactive for years in one state is, in a huge demand in another. What is the role of an equipment sharing service? Why using a sharing service.
The June 2020 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) jumped to 45.8, The index, from the EquipmentLeasing and Finance Foundation, is a qualitative assessment of prevailing business conditions and expectations, it says. up from May’s index of 25.8. Despite the…
The decision to purchase, lease or rent equipment is a challenge that businesses of all sizes must face, and there are several factors that need to be taken into consideration to make the best choice for your business.
An index measuring confidence in the equipment-leasing industry moved up in November to 56.1 The Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) is from the EquipmentLeasing & Finance Foundation. in October. The survey was conducted prior to the November…
The April Monthly Confidence Index for the Equipment Finance Industry dropped to 54 from 58 in March, according to the EquipmentLeasing and Finance Association. Respondents continue to be concerned about the economy and the impact of federal policies on capital expenditures, ELFA said.'
The EquipmentLeasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index showed a 12 percent increase in new-business volume in August compared to August 2015. The Index reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector. Volume as $7.7
The decision to purchase, lease or rent equipment is a challenge that businesses of all sizes must face, and there are several factors that need to be taken into consideration to make the best choice for your business.
As a construction business owner, you can use them to guide your decisions for renting, leasing or buying construction equipment. A widely accepted industry rule of thumb argues in favor of buying equipment when you expect to achieve a utilization factor of 60 percent or higher.
Overall new business volume for leasing and financing equipment was up in October compared to September, but down for the year compared to 2019, according to the Monthly Leasing and Finance Index (MLFI-25). The EquipmentLeasing and Finance Association publishes the Index, which reports on the…
The EquipmentLeasing & Finance Foundation reported that confidence in the equipment finance market was at 58.9, an increase from the July index of 57.9. When asked to assess their business conditions over the next four months, 16.7 percent of executives responding said they believe business…
The EquipmentLeasing and Finance Association (ELFA) has released its 2019 Survey of Equipment Finance Activity reporting overall new business volume grew 4.4 percent in the equipment finance industry in 2018. Also in the report, in 2018: Construction equipment represented 13.9 percent of…
We provide three benefits and limitations on why you should buy heavy equipment. The benefit of having your equipment is that it comes as a one-time investment. Additionally, if your business depends on the equipment, then it would save you a lot of trouble if you could buy them. What are the pros? It is one-time investment.
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