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:
  • 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

Filing Info

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