Best Practices for Financing Heavy Equipment With High Interest Rates

Sandhu & Sran Leasing & Financing19 Jul, 2024Other

Want to buy heavy equipment for your construction business? Worried about rising interest rates? As equipment financing companies make adjustments for inflation, rising loan rates, and lengthy lead times for construction equipment, buyers are confronting formidable challenges to buy their choice of equipment without having to pay hefty upfront costs. A buyers? ability to service their debt and make larger payments may be impacted by higher interest rates, which could affect their cash flows.