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Tag: financing
Dealers
Dealers offer financing options for today’s tricky used truck market
As sales numbers have flattened and Âvalues have crashed, financing a used truck purchase has Âbecome a tough task for dealers and customers alike. “For the past 12 to 18 months it has become increasingly difficult to acquire financing for used trucks because they don’t book well,” says David Bibler, finance manager at Truck Country. […]
May 9, 2017
Business
Rising materials costs, labor shortage, financing woes preventing apartment builders from meeting demand
As we reported last Friday, construction on new homes was up 6 percent in July largely thanks to a 26-percent jump in apartment construction. And that’s been the case for just about the entire year. Any time there’s a gain in overall home starts, apartments are the main contributor. And as we told you back […]
August 19, 2013
Construction Equipment
Financed new equipment unit sales increase 8 percent in May
The number of financed new construction equipment unit sales in May increased 8 percent compared to April, according to Equipment Data Associates. In contrast, used financed sales declined by 9 percent  during May compared to the month before. Top new equipment contractor buyers for the month included a Wisconsin-based pipeline firm buying 65 machines, including […]
June 28, 2013
Business
A history of American infrastructure funding and how to go about establishing new financing tools
Just about anyone with knowledge on the subject of infrastructure and transportation funding in the U.S. that you talk to will tell you that big changes need to be made in order to remain competitive with the rest of the world. The truth is, our infrastructure is falling apart. The former Transportation Secretary has said […]
May 15, 2013
Construction Equipment
New financed construction equipment sales grow 10% annually
New financed construction equipment sales increased 10 percent from a year ago, according to new figures from Equipment Data Associates, a division of Randall-Reilly. In March, 5,410 units of new construction equipment were sold compared to the 4,836 units sold in March 2012. Used financed construction equipment saw a slight decrease in unit sales of 1.7 […]
April 23, 2013
Construction Equipment
Financed equipment volume down 6% in February
Overall new business volume in heavy equipment financing was down 6 percent annually to $4.7 billion in February, according to the latest data from the Equipment Leasing and Finance Association. The ELFA’s Monthly Leasing and Finance Index reports activity from 25 companies and showed a month-over-month decrease in new volume of 20 percent from January. Year […]
March 26, 2013
Construction Equipment
New financed construction equipment jumps 32% in January
New financed construction equipment unit sales in January saw a 32 percent bump from January 2012 figures, according to figures just released from Equipment Data Associates, a division of Randall-Reilly. The number of new equipment units sold rose from 5,836 units in January 2012 to 7,700 units this January. Used finance sales for the same […]
February 25, 2013
Construction Equipment
QuickData February 2013: Backhoes
February 1, 2013
Construction Equipment
December financed construction sales lag from previous year
New and used financed sales of construction equipment were trending together at the end of 2012, reports Equipment Data Associates, a division of Randall-Reilly. In December, 6,584 new units were financed, compared to December, 2011, when 7,084 units were sold. Used financed sales were at 6,356 units, compared to 7,758 a year ago. New financed […]
January 30, 2013
Home
The top trends for equipment buying in 2013
The Equipment Leasing and Finance Association recently released its Top 10 Equipment Acquisition Trends for 2013. Most of the trends forecasted are largely favorable to the industry. According to the report, the health of the economy will largely determine whether or not businesses buy new equipment. However, it also forecasts equipment investment to pick up […]
January 16, 2013
Business
Credit crunch and the small contractors
The financial crisis isn’t just about money changers and politicians. It’s begining to put a squeeze on small business that depend on lines of credit and other financial products. As theirs is a capital-intensive business, small construction companies will likely be hard hit. If your banker isn’t returning your phone calls you might check out […]
January 6, 2010
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