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Tips For Navigating The Current Equipment Financing Environment

Posted June 13, 2024

MAY 2024 - Kevin McGinn, Senior Vice President of National Accounts & National Waste Division of Commercial Credit Group, was featured in the May 2024 issue of Pumper Magazine. Writer Joanne Koehne highlighted his knowledge of the equipment lending space in the article "Tips For Navigating the Current Equipment Financing Environment."  

Higher interest rates and the sticker shock prices of equipment can be difficult to navigate for a business owner who is building their fleet. To mitigate these obstacles, this piece highlights six lending strategies including: 

  • Determine What You Can Afford
  • Negotiate Loan Terms 
  • Maintaining Equipment 
  • Personal and Business Finances
  • Be Proactive 
  • Study Your Profitability

These strategies contractors can keep in mind when considering purchasing equipment. 

To read the full article, visit Pumper Magazine or read on DCR Contractor. Protection Status