When you've decided on the crane you want to purchase or lease, you'll want to look for crane financing. A reputable lender will want to have you apply up front with information such as company information, bank references, other loans and leases, trade references, and insurance information. Once you pass the credit check, they will want to discuss terms such as interest rates duration of the load and down payments. A good lender will be thorough, yet flexible to come up with a solution to meet your crane financing needs. Crane and equipment loan providers can also refinance your existing loans if possible, to help you get better terms and conditions.
