Because of the diverse physical dimensions and handling requirements for goods that are stored, shipped, and moved, there are many variations to each type of warehouse related equipment.
Here is a listing of some of the more common items pre-approved for financing by leasing Companies.
As you can see, most types of warehouse equipment can be considered for lease financing.
Even more customized assets can be financed if there is an alternative use for them or the acquiring business has strong credit and financials to support the purchase.
If you’re looking to acquire and lease used warehouse equipment from a licensed vendor, auction sale, private company or individual, the best initial step in the process would be to get pre-approved for a certain spending amount for the types of assets you will be looking for.
With the equipment lease financing already approved, you will be able to negotiate more aggressively knowing that the financing approval is as good as cash and that the deal can be closed quickly.
Getting a pre-approval is also a good idea when looking for new equipment for much the same reason but also just to get the deal closed faster and have the equipment installed right away versus having to wait on the financing process.
If you ever do purchase warehouse equipment for cash, remember that you can still get lease financing up to 6 months after the purchase on the asset.
This sale and lease back process will see the leasing company purchase the equipment from you and pay you back the amount financed so that you have access to the funds for other purposes.
Call 1 800 559 8845 and Speak Directly To An Equipment Leasing Specialist
Or Click Here To Send Us An Email