Ontario Agriculture

The network for agriculture in Ontario, Canada

Advantages of Leasing and Financing Used Construction Equipment

The significance of construction equipment to the relevant industrial sectors is immense and entrepreneurs associated with construction industry are aware of the ever-present value of these machineries. However, with time and situational financial limitations, equipment owners are advised to opt for leasing and financing of used construction equipment. Many have realized that leasing and financing of used construction equipment is considered as an effective risk management strategy that facilitates cash management advantages. Read below to know how:

Leasing can lead to improved and flexible cash management: Businessmen can improve and manage their money and cash-flow efficiently with the help of leasing without affecting their trading processes. Leasing of used construction equipment also helps them to keep the money at hand for other more essential trading purposes and for buying new equipment. The practice also leads to a more efficient, predictable and affordable paying system. Equipment owners who have faced economic downturn in previous years would surely appreciate this process for the financial flexibility it provides.

Reduce risks associated with assets: Leasing and financing of used construction equipment can lead to reduced risks associated with managing assets and their financial value. For instance, the cost of maintenance of equipment is mitigated in this case as the owner opts for renting out of used machineries. This also saves time and business for trader who would have otherwise spent a fortune on his equipment devices. Renting out used construction equipment also ensures that the machines comply with the apt regulations.

Manage usage of equipment: For contractors and businessmen who are constantly deal with new and varied projects, renting out of used construction equipment is the solution. Owning particular set of machineries and purchasing new equipment would limit their area of operation and would prove to be expensive to them. Hence, leasing and financing of used construction instruments depending upon client projects and timely requirement seems to be the best and most apt solution for them.

Besides all these financial and commercial benefits, there is another less-known advantage of leasing or financing of used construction equipment; the strong and reliable financial relationships built between traders. This not only builds strong resources for further business ventures but also earns strong allies who may provide advices on improved capitalization strategies.

Views: 55

Comment

You need to be a member of Ontario Agriculture to add comments!

Join Ontario Agriculture

Agriculture Headlines from Farms.com Canada East News - click on title for full story

Gophers gotcha going gaga?

With escalating gopher populations causing increasing concern for landowners across Saskatchewan, the Saskatchewan Wildlife Federation (SWF), with the support of the Saskatchewan Association of Rural Municipalities (SARM), is stepping up to offer practical assistance. Gophers are a significant cause of crop loss and land degradation, impacting the livelihood of Saskatchewan producers and landowners, according to the SEF. In response, the SWF is connecting landowners with trusted SWF members who are ready to assist in controlling gopher numbers in a responsible and ethical manner. Landowners experiencing challenges with gophers are encouraged to contact the SWF office at 306-692-8812. The SWF will then work to identify available SWF members in that area to co-ordinate arrangements directly with the landowner. All SWF members participating in this initiative carry an additional $5 million in liability coverage, and are expected to uphold the highest standards of safety, conduct and la

Attention Researchers: The BCRC Opens Call for Letters of Intent

The Beef Cattle Research Council invites letters of intent (LOIs) for research projects. The application deadline for this call is September 2, 2025,?at 11:59?PM MT. The purpose of this call is to achieve specific priorities listed in the 2025 Call for Letters of Intent – Research document (selected through consultation with industry stakeholders from the Canadian Beef Research and Technology Transfer Strategy).  Approved projects will be required to?use the industry funding to leverage additional funds from government or other funding organizations to fulfill project budgets.  Preference will be given to projects that are one to three years in duration; if the need for a longer timeframe can be clearly demonstrated, four or five-year projects may be considered. Projects will commence no earlier than May 1, 2026. Refer to the documents below for more information. All call-related information can also be found on the BCRC’s Call for Proposals webpage. Sharing or reprinting BCRC posts

Calf Auction Raises Funds for Youth

A young man from Milverton auctioned a prize calf, raising over $31,000 for Autism Ontario, inclusive sports, and milk programs, with huge support from the local community.

BFO Cow-Calf Financing Survey

BFO is soliciting feedback from Ontario cow-calf producers on the use of various financial assistance and herd financing programs through the completion of a short survey.

Moving More Lentils: Progress & Priorities in Europe

Work is underway to expand opportunities for Canadian pulses in the European Union and United Kingdom, particularly for lentils, while addressing regulatory and policy barriers that continue to impede market access.

© 2025   Created by Darren Marsland.   Powered by

Badges  |  Report an Issue  |  Terms of Service