Field Notes | Crane Industry Trends, Equipment Financing Insights & Market Analysis

Harry Fry Field Notes

A behind-the-scenes look at the insights, stories, and lessons learned from decades of financing in the heavy equipment and construction world. From industry trends to customer success stories, this blog captures the heart of our family-owned business and the values that have guided us for over 30 years.

Taking Their Seat in the Industry

The crane and rigging industry is a male-dominated field, which should come as no surprise to those in it. Yet the women who have built careers here have done more than simply enter the field; they have established themselves as operators, owners, executives, suppliers and technical experts. These women have decades of experience and the stories to accompany them.

Private Party Crane Sales: The Good, the Bad, and How to Protect Yourself

Private party crane sales are on the rise. Tonya Fry breaks down why they are increasing, what buyers need to watch for, and the due diligence steps that protect your purchase.

Crane Loan vs. Crane Lease: Which One Is Right for Your Business?

Should you finance your next crane with a loan or a lease? The answer depends on your cash flow, tax strategy, and how long you plan to keep the equipment. Here's a breakdown of both options so you can make the right call.

How to Finance a Crane: What to Expect from Application to Funding

Financing a crane is a major commitment, and the process can feel overwhelming if you've never done it before. Here's a step-by-step walkthrough of what to expect from your first conversation with a lender all the way through funding day.

ConExpo 2026: How to Work the Biggest Construction Trade Show Like a Pro

ConExpo-Con/Agg is the largest construction trade show in North America — and it's not just about walking the floor. Here's how the Harry Fry & Associates team approaches the show after 30 years, and how you can make it count as a buyer, dealer, or operator.

Rate Reversal: Can We Expect an Interest Rate Cut in the Near Term?

The Fed cut rates for the first time since 2020, and capital requirements are relaxing. Here's what it means for heavy equipment buyers, the used vs. new equipment split, and whether lower rates are enough to justify your next crane purchase.

Financing 101: How to Put Your Best Foot Forward When Applying for Heavy Equipment Loans

Lenders are asking more questions and taking a closer look at applications. Here's how to prepare your credit application, navigate private-party purchases, and work with a professional lender to get your deal funded smoothly.

How Tariffs Are Impacting the Crane and Heavy Equipment Financing Market

With a 10% baseline tariff now in effect and rates as high as 50% on some imports, the crane and heavy lifting industry faces rising costs, supply chain uncertainty, and tighter financing conditions. Here's what equipment buyers, dealers, and lenders need to know.