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ILS has been financing the construction industry since 1986. We have a profound respect for the individuals who build and maintain our ability to colinize throughout our great nation. With this in mind, we have created programs especially for the construction industry. Whether you own a large construction company or run a small crew, we have the right financing product for you.
Acquiring new equipment is essential to maintain your competitive advantage. However, budgets do not always allow for a cash purchase. By acquiring the equipment your business needs, with only a low monthly payment, you can be sure to increase your revenue stream. Did we mention that your payments are 100% tax deductable?
All of your equipment needs can be put onto the same lease! 100% financing, and up to 20% can be soft costs, such as shipping, installation, and supplies!
Equipment Leasing is extremely tax beneficial! The government has created programs to help businesses like yours to maintain steady growth and help keep the economy rolling at full speed!
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Construction Equipment that we finance:
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While there are limited restrictions on the type of construction equipment we finance, here are some examples: |
Crawler Dozers
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Crawler Loaders
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Drills
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Pile Drivers
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Loader Bucket Scales
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Pumps
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Rock Drills
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Scrapers
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Tractors
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Wheel Loaders
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Wheeled Excavators
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Backhoe Attachments
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Barges
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Pile Driving Hammers
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Motor Graders
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Pile Extractors
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Self Propelled Drills
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Power Shovels
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Tractor Loaders
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Wheel Dozers
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Recent Equipment Transactions funded by the ILS Construction Equipment Leasing Division: |
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$ 29,000 |
Trailer and more for a Company in OH |
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$ 102,000 |
Boom Truck for a Construction Company in NC |
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$ 50,000 |
Rock Drill for a company in AZ |
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$ 101,000 |
Scraper for a Construction Company in GA |
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$ 25,000 |
Catepiller Scraper for a Company in MD |
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$ 49,000 |
Wheel Loader for a Company in TN |
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$ 67,000 |
Compactor Dozer Loader for a Company in AZ |
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$ 27,000 |
Concrete Pump for a Company in SC |
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February 3rd, 2009 -
All eyes are on Obama and the hopes of a new stimulus package. As the economy slowed last year, the state of the industry looked weak. With the prospect of a massive public-spending package by the Obama administration, the industry seems optimistic. If a stimulus package included funding for infrastructure projects, 85% of a recent construction company survey suggests that most wouldn't lay off workers, but in fact would hire more. The contractors association has submitted a white paper to the presidential transition team and to Congress that outlines the economic benefits for all types of infrastructure and emphasizes road and bridge work.
With the entire Construction Industry at a "Shovel-Ready" approach, things could be on the turn.
December 31st, 2008 - If you purchased and put into use new construction equipment in 2008 you are eligible to write off that purchase using Section 179 of the IRS tax code. If you aren't utilizing the increased write-off amount ($250,000), your business might be missing it's full potential. That could mean real-money-in-your-pocket, back from the government! Find out more at our Section 179 section.
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