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By Daniel C Brown
“The construction industry in the United States has seen a decrease in unit sales of new equipment through the first quarter of 2008,” says Bill Connolly, manager of finance integration at John Deere Credit. “And while our finance market share has remained strong, the reduction in equipment sales also means a reduction in equipment financing opportunities.” On the other hand, construction is a regional game, points out Ron Riecks, general manager of Wells Fargo Construction, a division of Wells Fargo Equ...... continue reading
From: Grading and Excavation Contractor Topics: Lease, Purchase
By Daniel P. Duffy
This final installment of a three-part series offers a comparison of leasing and financing and explains how to evaluate both options. (Links to parts one and two of our series can be found at the end of this article.)... continue reading
From: Grading and Excavation Contractor Topics: Equipment, Lease