We know from our own experience that running a business can involve a lot of expenses. Sometimes it may not be possible to make the large outright purchase of a yard ramp. However, that doesn’t mean your operations should go without the much-needed equipment. In situations like this, the most logical solution would be to finance your yard ramp so that you can pay it off over an extended period of time.
How Does Financing at Industrial Toolz Work?
At Industrial Toolz, we are most concerned with our client’s satisfaction. We provide high-quality solutions that meet the needs of our customers. When purchasing a yard ramp, Industrial Toolz offers a financing option to help aid you in purchasing your yard ramp. Here’s how it works:
- You contact ITz, letting us know that you’re interested in financing a yard ramp.
- We provide you with an estimated finance rate for 24, 36, and 48 months. Note: this is just an estimate to help you get an idea of what your monthly payments could be. It is not
- We reach out to our financing company representative, who will work out a loan agreement.
- You get your loan, and you’re able to finance your yard ramp!
Why Finance?
Avoid a Large Outright Payment
Buying a yard ramp outright can be a large investment. Financing allows you to avoid a large outright payment so that you can pay off your ramp over a number of months.
No Down Payment Necessary
When you finance a yard ramp, you do not need a down payment in order to secure the loan. The leased yard ramp is also usually all that is needed to secure a lease transaction as collateral.
Tax Advantages
Depending on your business and situation, you can deduct up to 100% of the yard ramp lease payment from your taxes as a business expense. Yard ramps are business equipment that falls under the Section 179 deduction.
Rent-to-Own Option
Another financing option that Industrial Toolz offers is our rent-to-own program. It’s a great way to avoid a large outright payment, and it’s convenient if you’re thinking of eventually buying the ramp. The rent-to-own program is also perfect for those interested in buying a yard ramp, but what to see how the ramp functions within their operations before making the purchase.
If you enroll in our rent-to-own program prior to the beginning of your rental, 50% of your monthly rental payments will become credits towards the purchase of your yard ramp. If you want to enroll in the rent-to-own program after you’ve already been renting the yard ramp for a period of time, you are still eligible, but a smaller percentage of your monthly rent payments will become credits toward the purchase.
Finance Your Yard Ramp with ITz Today
Need a yard ramp? Call our ramp experts today at (262) 671-5000. If you are interested in financing your ramp or enrolling in our rent-to-own program, let our team know when you call! We will work with you to create a payment plan that will work best for you and your business.