Crane Financing: Fund Crane Purchases for Your Business
Providing expert advice and solutions for growing businesses looking for the best new and used crane equipment financing options.
Financing Crane Equipment
Being a leader in the equipment financing industry for over 40 years, Charter Capital has earned a reputation as one of the most trusted financing and leasing brokers for growing businesses. We’ve helped countless entrepreneurs secure the financial resources they need to acquire essential machinery and scale their operations.
The right crane financing programs can empower your business to succeed by providing access to the equipment you need to take on larger projects and meet market demands. We understand that cranes can be a significant investment, and many small- to medium-sized businesses may face financial constraints when expanding. With a network of over 20 trusted lending partners, we offer tailored crane financing solutions to help you get the right equipment for the job.
We specialize in financing a wide range of cranes, including:
- Tower cranes
- Mobile cranes
- Rough-terrain cranes
- All-terrain cranes
- Crawler cranes
- Gantry cranes
- Overhead cranes
Additionally, we can assist in financing crane attachments and accessories such as:
- Jibs
- Hooks
- Hoists
- Boom extensions
- Lift platforms
At Charter Capital, we believe that securing the right equipment doesn’t have to be a complicated process. With our expertise and extensive lender network, you can confidently apply for crane financing, knowing you have a reliable financial partner by your side. Contact the experts at Charter Capital today to learn more about our customized financing options and how we can help fund your crane and its attachments.
Some of our customers...
- are interested in the lowest rate.
- are interested in a specific tax treatment.
- want to avoid breaching existing lending covenants.
- are interested in the longest term.
- are interested in getting reimbursed for equipment they have already paid for.
- want seasonal or other cyclical structures.
- want to finance software.
- want us to give the seller a deposit before the equipment is shipped.
All of our customers want a fair deal at a fair price and no surprises.
Reasons to Invest in a Crane for Your Business
Investing in a crane for your business can provide significant advantages, enhancing operational efficiency and expanding the scope of your projects. Here are some key reasons to consider investing in a crane:
1. Increased Project Capacity
Cranes allow businesses to take on larger and more complex projects that require heavy lifting, making it possible to bid on jobs you may have previously passed on. By expanding your project capabilities, you can increase revenue and market opportunities.
2. Improved Efficiency and Productivity
Having your own crane on-site eliminates the delays and logistical challenges associated with renting equipment. This leads to faster project completion times, more streamlined operations, and better resource management, ultimately increasing productivity.
3. Cost Savings Over Time
While purchasing a crane is a significant upfront investment, owning the equipment can save money in the long run by reducing rental costs and avoiding the frequent fees and scheduling conflicts that come with relying on third-party rental companies.
4. Enhanced Safety and Control
Owning your own crane allows you to maintain full control over its maintenance and safety protocols. This ensures the equipment is always in top working condition, reducing the risk of accidents and downtime due to malfunctioning machinery.
5. Increased Flexibility
By having a crane at your disposal, you gain the flexibility to schedule and manage projects on your terms, without being constrained by rental availability. This flexibility can lead to higher customer satisfaction and the ability to accommodate tight deadlines or unexpected changes.
6. Strengthened Competitive Edge
Having specialized equipment like a crane sets your business apart from competitors who rely on rentals. With your own crane, you can offer faster project timelines, more cost-effective solutions, and a higher level of expertise, giving you a competitive edge in your industry.
7. Boosted Reputation and Client Confidence
Investing in a crane demonstrates a long-term commitment to your business and your clients. It shows that you are serious about your work, capable of handling complex projects, and dedicated to providing top-quality service, which can enhance your reputation and attract more clients.
8. Potential for Additional Revenue Streams
When not in use for your own projects, your crane can become an additional revenue source by leasing it to other businesses in need of short-term crane services. This provides a way to offset the costs of ownership while generating extra income.
9. Long-Term Asset Value
Cranes typically retain value well over time, making them a valuable long-term asset. If your business needs change or you decide to upgrade, you can resell your crane and recoup a portion of your investment, which isn’t possible with rental equipment.
Investing in a crane is a strategic decision that can provide both immediate and long-term benefits, helping your business grow, operate more efficiently, and stay competitive in the marketplace.
How to Secure Crane Financing with Charter Capital
Finding financing with Charter Capital is a straightforward and stress-free process, designed to help businesses secure the equipment they need to grow and succeed. Here’s how you can get started:
1. Assess Your Equipment Needs
Before applying for financing, take the time to evaluate the type and scale of the equipment you require. Whether it’s heavy machinery like cranes or skid steers, or attachments and accessories, knowing what you need will help streamline the financing process.
2. Reach Out for a Consultation
Contact the experts at Charter Capital to discuss your business’s equipment financing needs. Our team will take the time to understand your situation and provide personalized advice on financing options that best suit your budget and business goals.
3. Explore Financing Options
With a network of over 20 trusted lending partners, Charter Capital offers a variety of financing solutions, including loans and leasing options. We’ll guide you through these options and help you choose the one that aligns with your financial needs and equipment goals.
4. Submit a Financing Application
Once you’ve decided on the best financing solution, Charter Capital will assist you in completing the necessary paperwork. We aim to keep the application process simple and efficient, so you can focus on your business while we handle the details.
5. Get Approved
Our extensive lending network ensures quick approval for most financing applications. Our team works closely with our lending partners to secure favorable terms, including competitive interest rates and flexible payment plans, to help you acquire the equipment you need.
6. Receive Your Equipment
Once your financing is approved, you’ll be able to purchase or lease the equipment and machinery required for your business operations. With financing in place, you can focus on expanding your business while making affordable payments over time.
7. Ongoing Support
Even after your financing is in place, Charter Capital remains available to provide support and guidance. Whether you need help understanding your financing agreement or are considering additional equipment in the future, our team is here to assist.
Why Choose Charter Capital?
- Expert Guidance: With over 40 years in the equipment leasing and financing industry, we bring extensive knowledge to every transaction, helping you make informed decisions.
- Trusted Lending Partners: Our network of lending partners offers competitive rates to ensure you get the best deal on new and used cranes.
- Streamlined Process: We prioritize efficiency and simplicity, so you can focus on running your business while we handle the financing process.
Ready to take the next step? Contact Charter Capital today to learn more about how we can help you secure the equipment financial products your business needs to grow.