The sanitation industry is all about maintaining hygienic conditions and keeping the environment worth living in. People assume it’s an easy job with little investment. But that’s not the case.
No, we’re not just talking about waste collectors emptying bins and dumpsters. It's about the wastewater disposal companies, where managing costs are challenging. For many in this industry, not having a septic pumper truck is a huge opportunity cost. Having this heavy-duty vehicle isn't just an option — it's a necessity for generating revenue and ensuring a smooth operation.
With prices ranging from $50,000 to $225,000, depending on the truck size, model, specifications, and custom builds, not many companies have the means to buy one. But not anymore. Today, financing a septic pumper truck is fast and easy with Beacon Funding.
In this article…
- 4 Reasons Why Investing in a Septic Pumper Truck Is a Good Idea
- Monthly Plan Breakdown for Financing Your Septic Pumper Truck: Buyer’s Brief Guide
- The Financing Process with Beacon Funding
In this article, you will explore the essential reasons for investing in a septic pumper truck and offer you tools to breakdown the expensive cost into affordable monthly payments. Or, if you’re ready to finance today, check out if you qualify for business loan plans for buying a septic pumper truck.
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4 Reasons Why Investing in Septic Pumper Truck Is a Good Idea
1. Establish and Build Business Credit
One of the greatest rewards of investing in a septic pumper truck is that you open your line of credit. It means that whenever you buy something costing a significant amount, your credit history is recorded.
Your record ledger piles up with more substantial investments you make over time. The results come as perks – you get future loans with better terms. Thus, expanding your company and ensures smooth operation.
2. Spread Out Costs into Low Monthly Payments
Financing with Beacon Funding is the way to go – you partition your capital and invest wisely without causing disruption to your business operations. You get a better picture whenever you invest money in expensive purchases.
Instead of paying a lump sum upfront payment, you pay an affordable amount to acquire your asset in advance. Picture a septic pumper truck that costs around $50,000 with a 60-month term. Astonishingly, your monthly loan repayments would shrink to an affordable amount. Thus, financing your machines and equipment at Beacon Funding is a worthy investment.
3. Section 179 Tax Deduction
Financing something substantial via a reputable company like Beacon Funding comes with huge benefits.
For instance, investing your money in buying a septic pumper truck makes you a potential candidate for tax deductions under Section 179 of the IRS tax code. This clause allows sanitary businesses to deduct the full cost price of the financed equipment legible under the Section 179 tax reimbursement plan.
This means you can potentially deduct the entire cost from the taxable income for your invested septic pumper truck – further reducing your overall company expenditures.
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4. Conserve Cash for Other Investments
Purchasing a septic pumper helps you conserve your cash and invest it in more critical areas of your company.
For instance, you can hire managers, recruit additional staff, upgrade equipment, invest in marketing, and so on. Remember that having a steady flow of finances is pivotal for your business growth.
With Beacon Funding, you only move forward and never look back – a healthy cash flow, smooth business operations, and consistent yearly growth are possible when you invest with the industry leader in septic pumper truck financing.
Monthly Plan Breakdown for Financing Your Septic Pumper Truck: Buyer’s Brief Guide
Essentially the monthly financing plan for acquiring a septic jumper truck comprises the following 10 steps:
1. Determine the Total Cost
Begin by assessing the total cost of the septic pumper truck you wish to purchase. Let’s suppose the truck you want to acquire costs $75,000.
2. Calculate Estimated Monthly Payment
Determine the total cost of a septic pumper truck and your desired length of term. In this case, breaking your $75,000 septic pumper truck into a 60-month term gives you an affordable range.
Here’s the calculator if you want to try other figures.
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3. Consider Additional Costs
Round up auxiliary costs and factors that may affect costs associated with financing a septic pumper truck. Insurance plan, maintenance, and fuel cost, for instance, our external factors. Take $300 as an additional monthly cost in our case.
4. Total Monthly Payment
Add the monthly loan payment to the estimated additional costs. In this case, $1,431 (loan payment) + $300 (additional costs) = $1,731 total monthly payment.
5. Evaluate Cash Flow Impact
Evaluate your monthly installment plans to see how they fit your budget, cash flow, and yearly income. Make sure your business can comfortably manage other operation costs.
The Financing Process with Beacon Funding
Follow these six steps and expect your equipment to arrive at your stations in a matter of days:
Step 1: Submit Your Application
Making an investment to acquire a septic pumper truck through Beacon Funding is a straightforward process.
First, you need to apply—it’s an easy and quick fill-up without any hassle. This initial step can often be completed online and requires minimal documentation. You can also fill out your application online with just your Name, ID cards, and car license. No need to submit those extensive business documents.
Step 2: Discuss Your Business Goals
The next step is to discuss your business goals with Beacon Funding’s financing consultant.
Discussing your company’s overview and sharing your long-term vision is crucial as it helps us understand your business requirements. Also, our team along with potential investors devise tailored plans that support your business objectives.
Step 3: Submit Your Credit Package for Approval
Follow up with credit card/package for approval after your goals are finalized.
The credit summary generally includes your company’s financial statements, tax return papers, equipment invoices, and other relevant documents that provide insight into your business's financial health.
Step 4: Quick and Easy Documentation
The fourth step is when you complete all the required documentation.
No need to feel overtaxed already because Beacon Funding only approves of faster processing with minimal paperwork attachments.
Step 5: Accept and Use Your Septic Pumper Truck
After completion of the documentation process, you are required to sign the “agreed-upon” financial agreement papers before you get possession of your septic pumper truck.
If everything is deemed fit in the process, Beacon Funding releases the equipment immediately. Thus, allowing you to keep up with smooth business operations.
Why Choose Us?
Beacon Funding is a reliable partner to help you acquire your very own septic pumper truck. With over 30 years of experience in the equipment financing industry, BF has assisted countless businesses acquire gear and machines. Our mission is to ensure your business thrives while never going through financial instability. Below are some of our offerings to you if you invest in our equipment financing plans:
- Fast and easy application approvals within a 24-hour window period are guaranteed.
- Enjoy flexible financing options tailored to meet your business requirements.
- Beacon Funding provides unconditional support to potential startups’ struggling to run smooth business operations and make ends meet.
Beacon Funding is your go-to financing station to acquire a loan that’s easy to get and repay. A reliable partner you can trust with all your money owing to their vast experience and past business commitments. With over 30 years of experience in financing septic pumper trucks, Beacon Funding is the torchbearer to keep your business running and thriving for years to come.
Get aboard and get started with the best investment plans for buying your septic pumper truck.
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