A skid steer is an excellent piece of machinery to add to your landscaping business. Lightweight and easy to maneuver, these skid steer loaders are versatile and highly favored in landscaping and hardscaping. However, growing your business while affording additional equipment isn't always straightforward.
In this article, you will get a breakdown of the 5 most asked questions about financing a skid steer for landscaping businesses.
Whether you need a skid steer or even a few attachments, Beacon Funding can help your landscaping enterprise with fast and easy equipment financing.
In this article…
- Why Should I Consider Financing a Skid Steer?
- How Quickly Can I Get Approved for Financing?
- What If My Industry Has an Off-Season?
- How Can Equipment Financing Help My Business Grow?
- Can My Young Business Be Eligible for Financing?
Here are five common questions we hear from customers who want to elevate their operations with a skid steer:
1. Why should I consider financing a skid steer?
If your business needs a skid steer today, there’s no time to wait and save up the cash. If you need to replace broken equipment or add skid steers to meet demand, financing is the fastest, cost-effective, and affordable way to secure the necessary funds. Plus, you can deduct all or part of your financed skid steer the same year you acquire it.
Equipment financing breaks down the cost of your skid steer into low monthly payments. This allows you to make smaller payments over time instead of a large sum all at once. When you finance, you can start using your equipment to produce revenue immediately, making it easier to cover the cost of your monthly payments. Check out the financing calculator to see an estimate of how affordable your skid steer’s monthly payments can be.
You can even explore purchasing used skid steers for a more budget-friendly option. At Beacon Funding, we specialize in financing used skid steers from private party sellers. If you find a used skid steer being sold, there’s a good chance we can finance it.
2. How quickly can I get approved for financing?
Once you apply, you’ll learn if you’re approved within 24 hours. There is no cost, no commitment, and applying takes less than 5 minutes!
- Fill out a few simple questions about your business and the equipment you need.
- Instantly submit your bank statements with hassle-free, secure electronic verification.
- Receive an answer on your credit application within 24 – 48 hours.
After you apply for equipment financing, your dedicated financing consultant will work to get you the quickest turnaround time possible. Schedule a free consultation today!
3. What if my industry has an off-season?
It’s not uncommon for landscaping and hardscaping businesses to have on-and-off seasons.
Traditional financing requires you to pay the same monthly amount regardless of your business’s slow season. Beacon Funding’s flexible financing programs can be customized with seasonal payments to match your revenue cycle. Let us make managing payments stress-free even in your slow months.
4. How can equipment financing help my business grow?
At Beacon Funding, getting more done with your skid steer and building your revenue is our number one priority.
Beacon Funding can help you afford the skid steer you need to offer a range of services with less manual labor. From new or used skid steers and attachments, we finance them all. In fact, we make it easy to finance multiple units all at once under one agreement. Instead of managing multiple leases, we can wrap them all together into one transaction with one monthly payment.
5. Can my young business be eligible for financing?
Unlike traditional lenders, Beacon Funding takes your landscaping experience into account rather than only focusing on your time in business. When you get a new contract, you might not have enough cash on hand to buy the equipment right away.
No matter how simple or complex your situation is, you can depend on Beacon Funding to get the skid steer you need. We believe in young businesses and are committed to making them more successful for the people who run them. There is no cost or commitment to explore your options.