Almost every finance company or bank offers financing for vehicles like cars, trucks, SUVs, and vans. If you’d like to expand your business and appeal to a wider variety of customers, you may want to consider adding heavy-duty equipment financing to your product options. Consolidated Automotive Services of Indiana assists many lenders with heavy-duty equipment title services. There is a multitude of benefits to providing this popular financial service, such as finance options for agricultural business owners, expansion of your customer base, and an investment source for local business owners.
Financing Options that Appeal to Business Owners
You can grow your customer base by offering finance options for agricultural business owners and other similar industries. Most farmers and ranchers have a need for heavy equipment, but they may not have the means to purchase industrial-strength machines. By offering heavy equipment financing or heavy equipment leasing, you can grow your business and assist your local community.
Financing for a Variety of Customers
It’s not only farmers and ranchers who take advantage of large machines. Industries such as landscaping, construction, manufacturing, and distribution require heavy-duty equipment and machinery to operate their businesses. Heavy equipment financing allows customers to borrow large sums of money under extended loan terms. More generic loans may not provide these industries with the financing solutions necessary for purchasing such durable and massive equipment.
Financing for a Variety of Equipment
Heavy-duty financing also provides your customers with the ability to invest in a wide variety of equipment and machines. Your bank or finance company can help many businesses expand by giving them the borrowing power they need to purchase almost any kind of equipment, such as tractors, excavators, refrigerated trucks, cranes, bulldozers — even laboratory equipment and manufacturing machinery.
We Process Heavy-Duty Equipment Titles
With Consolidated Automotive Services, you have a team of experts on your side who can assist with a wide range of heavy-duty equipment services, including title and lien searches, duplicate titles, and title transfers. Call us at (812) 988-8300 to request a quote for any of our heavy-duty equipment title processing services. We serve all 50 states with our specialized title services.
Source: Porter, TJ. “Heavy Equipment Financing – What to Know Before You Apply.” Web article. FinImpact. 17 Nov. 2022. Web. 08 Apr. 2023.