Construction Equipment Lease Financing
There are two types of construction equipment lease financing options available to constructions companies looking to acquire new or used construction equipment, or looking to refinance used construction equipment.
The first option, which is typically only available to new equipment, is to utilize an operating lease to finance the equipment. An operating lease will obligate the lessor for a fixed period of time with respect to payment commitments. At the end of the term, the equipment can be returned to the leasing company without further financial obligation.
The second option is a capital lease, which will require the lessor to purchase the equipment at the end of the lease term.