What are the Benefits of Financing with Altec Capital Instead of a Bank?

Financing equipment with a bank can often be a tricky and lengthy process. If you’re looking for an easier way to finance, Altec Capital is here to streamline that process and get your equipment to you and in the field as soon as possible.

Our finance and equipment teams are expertly trained to help you decide which option will help benefit you and your business the most. Below, check out the key benefits of financing your equipment with Altec Capital.

KEY BENEFITS
  • Streamlined communication
  • OEM understanding of your equipment and industry
  • Finance additional services in one payment
  • Flexible options and terms to help you maximize your fleet

Streamlined Communication with a Single Source

Altec Capital makes financing simple by channeling all of your information and communications directly to our team. Unlike working with your local bank, at Altec, everything from your initial inquiry to your application and your lease documents can be filled out and signed online.

Tim Tavel, PowerGrid’s Vice President, says Altec Capital has made financing equipment easy for his company.

“I gave them all the requested information and they took care of everything else we needed,” Tavel said. “It’s hard to find a service like that anywhere else.”

No One Knows Your Equipment like the OEM

As the original equipment manufacturer, Altec provides a direct advantage to customers financing your equipment. Because we build the equipment you purchase, we are able to best understand the ins and outs of your business and the value your assets bring to it. In addition to this, our equipment experts can recommend services and maintenance based on the build of your equipment.

Jeffrey Schneider, Manager of Transportation at Louisville Gas and Electric Company and Kentucky Utilities Company, has been working with Altec Capital for a decade. For Schneider, a constant is Altec Capital’s attention to detail and commitment to excellence.

“The people at Altec Capital are what make the difference,” Schneider said. “It’s nice to be able to have open conversations and know everything will be taken care of.”

Add the Extras to Complete Your Fleet

Not only does Altec directly provide your equipment and financing, but we also offer many other services that span the life of your equipment. Altec is here to support you every step of the way with service, rental, financing, safety training, tools, parts, fleet management and more. To make billing easier, our fleet management services can be included in your monthly lease payment, allowing you to make a single payment to a single source each month.

This includes:

  • Altec Service: The industry’s most extensive fleet of mobile service vehicles and technicians covering both the entire United States and parts of Canada
  • Altec Sentry: Our safety training organization that offers OSHA and ANSI-certified training options
  • Altec Supply: A one-stop shop for ordering tools, supplies, accessories, replacement parts and more for your bucket truck or boom truck crane
  • Altec Fleet Services: Proven fleet management solutions and digital products such as Altec Connect that focus on the objectives most important to you: safety, compliance, performance and economics

Flexible Financing Options and Terms

Overall, financing with Altec Capital provides many advantages for any customer that purchase, rent or lease equipment. Our unmatched flexibility makes it easier to get your trucks into the field, improving your cash flow. We also offer a variety of lease options, allowing you to choose the financing option that makes the most sense for your business.

For more information on Altec Capital’s financing options, call (888) 408-8148 or email finance@altec.com.