Now that a recession is here, now is time for businesses to increase their revenue by looking for areas with predicted growth rates.
In the upcoming period, the Waste Services Industry in the U.S. is estimated to grow by 3%. Increased sanitation guidelines since the COVID-19 pandemic. Plus, with urbanization projected to increase over the next 30 years, the septic and pumper industry is expected to have a long-term support.
If your business is looking to grow in this industry, here are resources to make it easier.
In this article…
- How Much Does It Cost to Buy A Septic Pumper Truck?
- 5 Types of Equipment to Finance For Your Septic Pumper Business
- How Start-Up Equipment Financing Has Helped Others Succeed
- Beat Out Your Competition and Earn More Revenue Through Financing
How Much Does It Cost to Buy A Septic Pumper Truck?
Depending on the model, brand, equipment age, and tank size, a septic pumper truck can range anywhere from $50,000 - $225,000. You could buy a used 2010 Freightliner M2 with a 2,500-gallon tank for around $50,000 or a new 2022 Western Star 4900SB with a 5,000-gallon tank for close to $225,000.
Instead of leaving a huge hole in your bank account, opt for low monthly payments that allow you to acquire your equipment much faster, with financing.
See how financing your next septic truck can help you save your hard-earned cash and grow your business simultaneously.
5 Types of Equipment to Finance For Your Septic Pumper Business
The waste services industry is expected to reach $229 billion by 2027. Like many other industries, portable sanitation is facing a “new normal” that comes with opportunities. With a steady increase in larger public gatherings with a greater emphasis on cleanliness, your septic business can offer more portable sanitation services.
If you’ve ever considered rising to the demand, now’s the time! Diversifying your services can help your business grow and multiply your revenue.
From septic pumper trucks to mini tanks and porta-potties, we can help you finance a large variety of equipment to meet the demand.
Check out the range of equipment we successfully finance in the past to help other businesses diversify their revenue here.
How Start-Up Equipment Financing Has Helped Others Succeed
As a start-up, it can be difficult to obtain financing for any business. Throw in equipment unfamiliar to the lender and gaining funds seems almost impossible.
Tommy and Charlene were able to upgrade their equipment, hire more staff and diversify their revenue streams, even when the banks turned them down.
Watch how the founder of Charlene’s Waste Services LLC, Tommy Endsley transformed their business through the help of start-up financing.
Beat Out Your Competition and Earn More Revenue Through Financing
Diversifying your service range is one of the best ways to multiply your revenue in today’s waste service market.
Elijah II and his mother Pat of Lea County Septic Tank Service are prime examples of how you can transform humble beginnings and add to them. They were able to transform a standard septic business by adding porta-potties, roll-off container rentals, restaurant maintenance, and home inspections.
Beacon Funding helped Lea County Septic expand by financing a dewatering system, screening system, and holding storage tanks.
Learn how they did it and how you can too!
How Beacon Funding Can Help You Make the Most of This Opportunity
We understand growing your septic business isn't easy. The good news is you have options to make it easier.
Since 1990, Beacon Funding has helped business owners acquire ownership of needed septic equipment. With Beacon Funding, you can finance other waste management equipment apart from a truck to help you diversify your revenue streams.
Ready to get started? Apply for financing today.