A lease is not a fallback to a loan. For a lot of crane and heavy equipment buyers, it is the smarter structure. Leasing can mean lower payments during the term, more flexibility at the end, and tax treatment that works in your favor.
Harry Fry & Associates structures leases across every category of equipment we finance. Because we are a broker, we match your lease to the funding source with the best terms for your credit profile and the asset, instead of forcing your deal into one lender's lease program.
If we finance it, we can usually lease it. Our lease programs cover the full range of crane and heavy equipment.
The right lease depends on how long you plan to keep the equipment, how you want to handle the end of the term, and what your tax position looks like. We structure all of the common options.
Section 179 and bonus depreciation can apply to leased equipment depending on the structure, so it is worth confirming the treatment with your accountant before you sign.
Crane rental, heavy civil construction, steel erection, concrete pumping, machinery moving, tree service, utility work, and specialized transportation all use leases we have structured. Owner-operators and publicly traded companies alike lease equipment when the numbers make sense.
Most lessors offer one lease program and try to fit your deal into it. As a broker, we do the opposite. We take your deal to the lessors in our network and find the structure and residual that work best for you.
We also model the lease against a loan on the same equipment, so you can see the real difference in monthly payment, total cost, and end-of-term position before you commit. After closing, we stay in the relationship for the residual decision, refinances, and equipment sales down the road.
