Jun
24th

Basics of Construction Equipment

Cranes, excavators, loaders, and any other large equipment you might find on a construction site are considered construction equipment. While some of you might see construction equipment as hammers, saws, and other smaller items they are in fact construction tools. Are you looking for some construction equipment to help you with your next job? If so you need to know a little bit about the equipment available.

Cranes: You can have many types of canes from the all terrain hydraulic crane, to the boom truck. A boom truck is a piece of construction equipment that has a flat bed with a crane on it rather than a smaller cab for the crane with tracks. This crane system can be used to haul the material as well as move the crane about while hydraulic cranes tend to need a trailer and then roll off to be placed on the ground. These types of cranes tend to rotate 360 degrees.

Excavators: These are consider bobcats, and backhoes of the construction equipment. The size you will need is again dependent upon the job you will have. Most construction companies have a variety for the type of work and land they will have. Bobcats usually work out well when you have a little job, where as backhoes are great for digging larger holes.

Loaders: The are also many types of loaders from a front end loader to a wheel loader. Loaders are often seen used for road construction as well as other construction jobs. These are tractors that have a bucket on the front and use a hydraulic system to raise the bucket and dump the material either in a dump truck or off to the side.

Construction equipment is important whether you work on housing sites or road construction. The equipment you choose will depend on the type of work you do and will also be determined by the terrain you work on.

Jun
17th

Off Lease and Repos for Commercial Vehicles and Construction Equipment

In today’s unstable economy, the startup and seasoned business has an unique opportunity to acquire an attractive deal for off leases and repos for commercial trucks and construction equipment. Due to a contracting economy, many lenders have excess inventories on their books that they need to put back on the street. These in-house inventories are non income producing, therefore putting pressure on the lender to make a deal with the consumer. These deals can be found in the price, the financing or a combination of both.

An off lease commercial vehicle and/or construction equipment has been returned to the lender as the lease has expired. The lessee has made a decision to return the item in lieu of exercising the buyout option. A repo has arisen due to a default of the lessee for non payment terms or a violation of the terms of the lease. Either way, the lender has taken these trucks and/or equipment back and now must recondition the items and either sell these items or re-lease them. The lender will either advertise their inventory through their internal sales force or outside professionals such as brokers to move their inventories as quick as possible. Sometimes as these inventories either sit or whatever reason aren’t moving, the lender may put these items up for auction.

For this article, the type of items we are going to identify as potential off lease and repo deals are the following:

Dump trucks, flatbed trucks, grapple and landscape trucks, fuel and lube trucks, bucket and boom trucks, over the road and day cabs, water trucks, tow trucks, box vans and straight trucks, dry van and reefer trailers, end and bottom dump trailers, flatbed trailers, backhoes, bulldozers, crawler tractors, forestry equipment, excavators, forklifts, and other type loaders.

Some of the ways the startup and/or seasoned business can locate these deals are through trade publications, surfing internet search engines, contacting lease brokers for information and speaking to lenders directly.

Some of the lenders in the market have advertised personal credit qualifications as low as 575, prior bankruptcy rules amended or ignored and startups welcome. Additionally, the front money to commence the lease can start as low as first payment to whatever you might able to negotiate.

In conclusion, this is a buyers market for commercial trucks, trailers, and construction equipment. Check out all the deals in the market and make sure that you have a stable income base to assume whatever debt that you may occur. Happy hunting for your acquisition and related financing.

Apr
8th

Heavy Equipment Training

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Those who have never forgotten a childhood dream of operating heavy equipment for a living can make that dream a reality with accredited heavy equipment training. There are lots of great schools across the U.S. and Canada that can teach you everything you need to know to operate bulldozers, cranes, dump trucks, wheel loaders, excavators, and much more.

All across Northern America, there are thousands of constructions sites in need of well-trained, certified operators. In as little as 4-8 weeks, you could gain training in heavy equipment operation that will give you the confidence to work as a respected member of a heavy construction team. Generally, these courses will cover topics such as inspection and safety, electrical systems, controls, math, blueprint reading, map reading, demolition, land clearing, landscaping, quarry operations, mining, and safety.

Of course, the main goal is to teach you to safely operate, maintain, and perform basic repairs on heavy equipment such as backhoes, front-end loaders, and skid steer loaders. You will learn how to use construction-related machinery for demolishing older buildings, digging ditches, laying pipes, creating architectural landscaping. You could work with a team to build bridges, roads and highways.

This type of training is readily available through trade schools, vocational schools and community colleges. But, before enrolling in any school, make sure your choice of schools is accredited by the National Center of Construction Education and Research (NCCER). This will ensure that your training in operating heavy equipment will be comprehensive and well-regarded by future employers.

Upon graduation, you should receive a professional certificate or a technical diploma. This credential will allow you to apply for a commercial drivers license (CDL), a requisite for all heavy equipment operators. You should be able to count on your school to help you find a good position and get started on an exciting, respected career.

If you would like to learn more about training in an operation, why not start today? Submit a request to a few top schools on our website and get the information you need to make a good, solid decision for the future.