Crane leasing and financing

1. Financial Efficiency: Opting for leasing or financing allows you to distribute the cost of procuring a crane over time, easing the initial financial burden and ensuring efficient cash flow management.
2. Adaptability: Leasing offers diverse choices, such as operational leases or financial leases, catering to your specific business needs. This flexibility empowers you to upgrade to newer crane models or switch between crane types based on project requirements.
3. Access to Advanced Technology: Leasing grants you access to the latest crane innovations and models, without the long-term commitment of ownership. This keeps your operations competitive and technologically current.
4. Preservation of Credit Lines: Leasing and financing typically necessitate minimal upfront payments, safeguarding your credit lines for other business opportunities and potential emergencies.
5. Tax Advantages: Depending on Canadian tax regulations, lease payments might be tax-deductible as operational expenses, leading to potential tax benefits for your business.
6. Maintenance and Support: Some leasing agreements encompass maintenance and support services, alleviating the burden of crane upkeep and repairs.
7. Swift Approval and Acquisition: Lease applications often enjoy expedited approval processes compared to conventional loans, facilitating quick acquisition of the necessary equipment.
8. Risk Management: Leasing helps you manage risks tied to equipment depreciation, ensuring you don’t hold onto a devalued asset once it reaches the end of its useful life.
9. Capital Conservation: Opting for leasing or financing conserves your working capital, enabling strategic investments and providing a safety net for unforeseen expenses.
10. Predictable Budgeting: Fixed monthly lease payments facilitate accurate budgeting and expense forecasting, aiding your financial planning endeavours.
11. Tailored Solutions: Leasing providers frequently offer customized solutions tailored to your business model and specific crane utilization.
12. End-of-Term Choices: At the lease term’s conclusion, you can choose to purchase the crane, return it, or continue leasing, allowing you to align your decisions with evolving needs.

Types of Cranes You Can Get Financing For

Keep in mind that we provide tailored crane financing services with personalized terms and conditions. With us, you can get leases for the following cranes:

Truck Cranes

Truck cranes are excellent work tools for transportation and lifting. Most of these machines use powerful winch motors or hydraulic power. The truck crane basically mounts onto a truck bed, allowing it to safely move and lift loads. That’s why truck cranes are perfect for moving awkward-shaped objects, bins, and barrels. Uplend offers equipment leasing on the widest selection of truck-mounted cranes, including but not limited to knuckle boom cranes, material handling cranes, service cranes, you name it.

Crawler Cranes

There are two types of crawler cranes – lattice boom crawler cranes and telescopic crawler cranes. Whether your project involves steel construction, heavy-duty foundation work, or power or wind generation, be sure to check out our friendly financing rates. We can help you lease all the top models of crawler cranes at short notice.

Rough-terrain Cranes

As the name sounds, rough-terrain cranes are handy when working in the harshest conditions. They work perfectly well even in rugged terrain, thanks to their excellent ground clearance. What’s more, rough terrain cranes feature three to four steering modes. This allows them to maneuver the right quarters easily.

Tower Cranes

This is the most common type of crane. Tower cranes are in almost every construction site to help lift concrete, steel, and other building materials. There are different kinds of tower cranes, the most common ones being hammerheads tower cranes, flat-top tower cranes, lifting jib tower cranes, and self-erecting tower cranes. One thing you’ll notice about tower cranes is that they’re quite expensive as the high demand drives prices up. Allow us to arrange a tower crane lease for you at the most competitive rates.

How Our Team Can Help with Crane Leasing and Financing

Our approach is to first understand your current financial situation and long-term goals. That way, we can create a financial plan that suits your business’ nature. Our commitment to efficiency ensures minimal downtime for your operations. Embrace the exceptional flexibility of our terms, setting us apart in Toronto, Canada. Enjoy the transparency of fixed payments, free from concealed charges. Take the step to secure your loan today and witness our promises in action.