Welcome to BNC Finance, your trusted partner in crane financing solutions. We understand the importance of having reliable and efficient crane equipment for your business operations. That's why we offer a comprehensive range of tailored financing options to meet your needs. Whether you're a small business looking to expand or a large enterprise in need of upgrading your crane fleet, our flexible and affordable financing solutions are designed to support your goals. With BNC Finance, you can access competitive rates, flexible terms, and a streamlined application process, ensuring a hassle-free experience. Elevate your business with our specialized crane financing solutions today.

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Pre Qualify for Crane Financing

Crane Financing Programs

BNC Finance offers a comprehensive suite of crane financing programs designed to cater to the diverse needs of businesses in acquiring and utilizing cranes for their operations. These programs are tailored to accommodate different financial situations, credit histories, and business models, ensuring that companies can find a financing solution that suits their specific requirements. Here's an overview of the crane financing programs provided by BNC Finance:

Crane Financing Program

The Crane Financing Program by BNC Finance is a financial solution aimed at businesses looking to purchase or lease cranes without paying the full price upfront. This program allows for the cost to be spread over a specified term, which can significantly aid businesses in maintaining their cash flow while acquiring the necessary equipment.

Lease-to-Own Program

The Lease-to-Own Program offers businesses an opportunity to eventually own the crane after the lease term. This program is ideal for companies that prefer long-term ownership and want to build equity in the equipment over time. Upon completion of the lease payments, the business owns the crane outright.

Used Crane Financing (No Age Restrictions)

Understanding the value and utility of used equipment, BNC Finance provides financing for used cranes without strict age restrictions. This program is designed to accommodate businesses that find value in purchasing older models of cranes that are still in good condition and can be acquired at a more affordable price compared to new models.

Deferred Payment Program

The Deferred Payment Program is designed for businesses that may need some time before they can start making regular payments. This program allows for a grace period after the crane is financed, during which no payments are due, giving companies the flexibility to align their cash flow with their payment obligations.

Auction Pre-Approval

BNC Finance offers an Auction Pre-Approval program that allows applicants to get pre-approved for crane financing prior to participating in an auction. This program ensures that businesses know their budget and financing limits before bidding, providing them with the confidence to make informed decisions during the auction.

Working Capital Lines of Credit and Term Loans

Beyond equipment financing, BNC Finance also provides working capital term loans and lines of credit. These financial products are designed to support businesses with additional funding for operations, expansion, or other capital needs, offering flexibility beyond traditional equipment financing.

Challenged Credit Programs

Understanding the unique challenges faced by businesses with less-than-ideal credit histories, BNC Finance has designed specialized programs to cater to these situations. These programs provide flexible financing solutions that focus on the business's operational strengths rather than solely on credit scores.

Revenue Based Equipment Leasing

One standout offering is the Revenue Based Equipment Leasing program. This innovative solution prioritizes a business's existing revenue streams over traditional credit metrics like FICO scores. It's an ideal option for companies that demonstrate strong monthly revenue, allowing them to leverage their operational success for financing. This approach provides a viable path to equipment leasing for businesses that might struggle to secure financing based on credit scores alone.

Collateral Backed Programs

For businesses with challenged credit scores but possessing valuable assets, BNC Finance offers Collateral Backed Programs. These programs allow businesses to use their free and clear equipment as collateral. This can be particularly beneficial for those holding "yellow iron" or titled equipment, offering a tangible asset to secure the financing needed. By leveraging existing equipment as collateral, businesses can bypass the limitations typically imposed by lower credit scores, opening up new avenues for growth and operational enhancement.

Each of these programs is structured to meet the varied needs of businesses in different stages of growth and with diverse financial backgrounds. BNC Finance's approach to crane financing emphasizes flexibility, understanding, and support for businesses, ensuring they can acquire the cranes needed to operate efficiently and expand their capabilities.

Benefits of Crane Financing

Benefits of Financing a Crane

When it comes to crane financing, businesses can enjoy a range of exclusive advantages that contribute to their success. Take a closer look at the distinct benefits of crane financing below:

Improved Cash Flow Management

By opting for crane financing, businesses can preserve their working capital and maintain a healthy cash flow. Instead of making a substantial upfront payment, financing allows for spreading the cost over time, alleviating the financial burden.

Access to High-Quality Equipment

Crane financing provides businesses with the opportunity to access the latest and most advanced crane models available in the market. Through financing, you can acquire state-of-the-art equipment that enhances efficiency, productivity, and safety in your operations.

Flexible Financing Options

Crane financing offers a variety of flexible options tailored to your specific needs. Whether you prefer lease options, equipment loans, or customized payment structures, there is a solution that aligns with your budget and business objectives.

Fast and Streamlined Approval Process

Time is crucial in the business world, and crane financing ensures a quick and efficient approval process. With simplified paperwork and expedited processing, you can access the funds needed to acquire or upgrade your crane equipment promptly.

Tax Advantages

Financing your crane equipment may provide potential tax benefits. Depending on your jurisdiction and applicable tax regulations, you may be able to deduct lease payments or claim depreciation on purchased equipment. Consulting with a tax professional can help you understand the specific advantages available to you.

Upgraded Equipment and Technology

Crane financing allows for regular equipment upgrades to keep pace with industry advancements. As technology evolves, financing enables you to stay competitive by investing in more efficient and capable machinery.

Enhanced Business Productivity

Investing in modern crane equipment through financing significantly enhances business productivity. Improved efficiency, reduced downtime, and increased lifting capacities enable you to handle more projects effectively and meet client demands with ease.

Expert Guidance and Support

Partnering with a reputable crane financing provider ensures access to expert guidance and support throughout the financing process. Experienced professionals in the industry can assist you in selecting the right financing option, understanding contractual terms, and ensuring a smooth and transparent experience.

Maximize your business potential with crane financing and unlock a world of benefits that will empower your operations. Contact us today to explore our tailored financing solutions and take your business to new heights.

Types of Cranes to Finance

Each crane type serves distinct functions and is designed to operate in specific environments, making them suitable for a range of applications in various industries. Financing these cranes allows businesses to acquire necessary equipment without the heavy burden of upfront costs, thereby facilitating operational expansion and efficiency. When considering financing options, it's important to evaluate the crane's intended use, operational requirements, and financial implications to ensure the choice aligns with the business's needs and capabilities.

Crane Financing Frequently Asked Questions

Crane Financing Q&A


Frequently Asked Questions regarding Crane Financing