Concerned About Spray Foam Equipment Costs? Try Financing
By Kevin MaloneCurrent trends in the market have been hitting various industries differently. Though the economy has slowed down due to widespread stay at home orders, there is still an ongoing need to maintain structures and continue construction. But even though construction and repairs are essential sectors, it is still natural for contractors to be concerned about their cash flow.
If you need new spray foam equipment to keep operations going but can't pay the full price upfront, we understand. This reality is why at Intech Equipment and Supply, we are now offering special financing until May 2020 on advertised rigs, used equipment, and Graco GH733 or GH833 sprayer packages. If you've been holding back on making big purchases because of the large upfront cost, this is your opportunity to obtain a much-needed upgrade with manageable monthly payments.
Financing Details
At our Intech Store, we're offering spray foam equipment financing for equipment and packages between $7,500 and $200,000. This deal is good for both used and new equipment so that each of our clients can select products that meet their budget. If you split your payments into 12 installments, there is 0% interest. However, if you'd like to extend your payment period, the interest rates increase by small increments.
Financing can be arranged for up to 60 months for new equipment, giving contractors ample time to pay off their purchase and still enjoy the immediate benefits of excellent spray foam equipment. Used equipment has a maximum limit of 36- month financing. Applicants need to pay a documentation fee, be in business for at least two years, have a minimum credit score of 675, and provide requested financial documentation to be approved.
New & Used Equipment Benefits
If you need to supplement your equipment or replace a faulty spray foam machine, both new and used equipment offer different perks. The right option for you depends on your budget and contracting needs.
- Used Spray Foam Equipment: While used equipment offers better savings and are verified for their functionality before purchase, they are older and have lower life expectancy compared to new equipment. Used equipment can also become too old to find replacement parts for, which makes repairs difficult to perform. However, these purchases can still provide years of excellent use at a fraction of the cost of new equipment because there is little depreciation involved.
- New Spray Foam Equipment: This option involves higher upfront costs because the equipment has not yet depreciated. However, these products are in mint condition, have the latest features, and are guaranteed to have many compatible replacement parts available. New equipment has the best maximum lifespan because you are the first owner, and it has no history of use.
If you need assistance deciding what option is the best for you, give our customer care team a call and tell us about your business. We have many excellent rig and equipment packages available. There is also plenty of reliable used equipment in our store that has verified maintenance histories and tested to guarantee functionality. No matter which option you choose, you are sure to get a product that can bolster your equipment cache.
By exploring all your product and financing options, you can strike a strategic balance between the spray foam equipment cost and productivity. A used machine can be just enough to support your residential spray foam applications. Or, you may need to commit to a more expensive, new machine and split the payments for a longer period. Both options are worth the cost for the benefits they offer your business in the long term.
Graco Spray Foam Machines for Sale
don't worry if you don't have the total upfront money right now. You can delay big payments and continue to grow your business with our special financing deal. By keeping your business productive with good equipment, you can keep your operations steady and dependable.
To explore your options in more detail, check out our payment quote tool and see how much you'll need to pay if you split up the costs for 12 months 0% Interest or over the course of 60 months at 5.99%.
Intech Equipment and Supply is a full-service equipment and parts supplier SPF equipment and is a top distributor of Graco products.
If you would like to know more about buying new or used spray foam equipment with financing, contact us.
About Kevin Malone
Kevin Malone is a leading expert in the spray foam insulation industry with 34 years of experience in spray foam fluid handling and a passion for innovation. He currently offers his extensive knowledge to Intech Equipment and Supply customers by supporting them in selecting quality spray foam equipment to optimize their business. Learn more about Kevin here.