Heavy Equipment Rental Conversions

Many times a customer will rent equipment due to their inability to get financing. If your renting equipment from a dealer and wish to convert it to a purchase we may be able to help.

This is all based on equity. Here's an example:

Customer needs a machine with an original purchase price of $60,000
Due to his credit he can't get the financing to purchase the equipment so the dealer agrees to rent it to him for $3,000 a month
The dealer gives him 50% credit (or $1,500 a month) towards the purchase. Customer has make 10 payments giving him $15,000 equity in the machine
The customer wishes to covert this to a purchase (dealer wants to get cashed out as well). He needs to finance $45,000
The customer owns various pieces of heavy equipment that meet our additional collateral requirements
Capital Solutions funds the transaction cashing out the dealer and creating a purchase for the customer

These are great deals for everyone involved. Customer is now buying the machine and the dealer makes a sale. Also, we have seen customers who are at risk of loosing the equipment (and their equity) when the dealer threatens to take back the machine. There is security in ownership.

Heavy Equipment Rental Conversions

Call Capital Solutions Today Or Complete Our Heavy Equipment Financing Application