<img src="//trc.taboola.com/1208170/log/3/unip?en=page_view" width="0" height="0" style="display:none">

Smarter Finance USA Blog

How much does it Cost to Lease a Used Skid Steer?

Posted by Rob Misheloff

A decent used skid steer will cost you anywhere from $10,000 to $40,000.

In the $15,000 range you're usually looking at a model that's ten or so years old, while at the top of the range, you're usually looking at some equipment that's newer.

When people ask about leasing construction equipment, often they mean "rent" construction equipment.

The distinction between renting and leasing in equipment is pretty much the same as for a car.

  • Renting Equipment typically means for very short term, as in days, weeks, or months.
  • Leasing Equipment is just like with a car: you essentially take ownership, but with lower payments than a full purchase, and after a few years you can give the equipment back or keep it for a "residual."
Read More

Topics: equipment leasing rates, construction equipment

Excavator Financing: What are Payments on Used Excavators?

Posted by Rob Misheloff

Looking at buying or leasing an excavator?

What will your monthly payments will be for excavator financing? 

If you only need the excavator occasionally, it may be cheaper to rent, but only if you're going to use it almost never.

Rental prices on excavators can easily run $10,000 a month, and that's typically for a unit you could buy for about $200,000.

If you're planning on using an excavator regularly, your best bet is going to be to buy or lease the excavator. Depending on the size of your business and your budget, you can finance or lease either a new or a used excavator

Read More

Topics: equipment leasing rates, construction equipment

Spray Foam Equipment Leasing: What are the Rates?

Posted by Rob Misheloff

If you're a spray foam contractor who needs new equipment, or are looking to get into the spray foam installation business, the biggest question you may have is how much is all this stuff going to cost?

The good news: you don't have to write a big check.

You can get set up with your equipment relatively cheaply, and let the profits you make from the equipment pay for the equipment.

Read More

Topics: Leasing, equipment leasing rates, construction equipment

About this blog

It's super simple... We educate you on everything you always wanted to know about small business finance*

*but couldn’t get a straight answer to!

Subscribe to Email Updates

Smarter Finance Equipment Leasing

Recent Posts

Smarter Finance USA Working Capital
Bad Business loans