MEET YOUR EQUIPMENT NEEDS THROUGH FLEXIBLE FINANCING

This article looks at the pros and cons of four available financing options for equipment buyers: financed ownership, lease, lease-to-buy and rental. Ownership offers many benefits, including the minimization of downtime and maintenance costs, improved ability in scheduling jobs and conservation of working capital. Leasing new equipment conserves cash while reducing concern about the equipment's future obsolescence. Leasing-to-buy offers a company an opportunity to take ownership of the equipment and may offer some financial benefits over financed ownership. Renting is most appropriate for specialized equipment that will not be used much after project completion or when on-hand financial resources are limited.

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/oclc/2642359
• Corporate Authors:

  Associated General Contractors of America

  2300 Wilson Boulevard, Suite 400
  Arlington, VA  United States  22201
• Authors:
  • Killpack, M
• Publication Date: 2003-9

Language

• English

Media Info

• Pagination: p. 34
• Serial:
  • Constructor
  • Volume: 85
  • Issue Number: 9
  • Publisher: Associated General Contractors of America
  • ISSN: 0162-6191

Subject/Index Terms

• TRT Terms: Construction equipment; Equipment leasing; Equipment replacement; Financing; Ownership
• Subject Areas: Finance; Highways; Maintenance and Preservation; Vehicles and Equipment; I10: Economics and Administration; I61: Equipment and Maintenance Methods;

Filing Info

• Accession Number: 00963307
• Record Type: Publication
• Files: TRIS
• Created Date: Sep 7 2003 12:00AM