Lease | Print |

UELC's thorough understanding of each customers needs and objectives is the key to matching appropriate financing/leasing products to each specific requirement. We listen, evaluate, and recommend flexible financing solutions at competitive rates.

terex digger derrick

Benefits of leasing:

  • Low Montly Payments - Pay less in monthly leasing payments than standard rental rates.
  • One Convenient Source - UELC is your single source for all your bucket truck leasing and digger derrick leasing needs.
  • Preserves Cash - Pay only for the use of the asset, not for the ownership; avoids tying up capital in assets, keeps capital so you can build your business.
  • Preserves Liquidity - No down payments - up to 100% financing.
  • Cash Flow / Budgeting - Receive longer-term, fixed payments and potentially lower payments; the equipment pays for itself.
  • Alternate Source of Capital - Existing bank lines of credit are not impacted.
  • Off-Balance Sheet Source of Funds - Improve ROE, ROA, and many other financial ratios by utilizing lease financing instead of borrowing.
  • Tax Advantages - Lease payments may be expensed depending on the the structure of the specific financing. Leasing helps avoid Alternative Maximum Tax.
  • Equipment Obsolescence - Avoid the risk of ownership and disposing of equipment that is no longer technologically useful or valuable. Upgrade, trade-in and return provisions provide maximum flexibility.
  • Avoids Capital Budget Constraints - Acquire needed equipment outside of the capital budget. Lease payments are usually paid out of an operating budget.

 

Types of Equipment to Lease:

 


LEASE PROGRAMS

Long-Term Lease
A Long-Term Lease (LTL) through UELC is a great alternative source of financing and can be used in the purchase of both new or late model equipment. Our LTL is a non-cancelable lease with terms set between one and five years. This extended time frame provides a lower monthly rate than if your company has a utility truck rental. Another advantage to a LTL is the flexibility in regards to down payments and residuals.

Customized Leasing Programs
With UELC you can customize bucket trucks and digger derricks through it's sister company, DUECO, Inc. Built to the customers' specifications, UELC can structure various financing programs such as: capital leases, operating leases, municipal leases, and TRAC and split TRAC leases.

 


Interested in a Lease?

 

  1. Contact a lease specialist and obtain custom rates.
  2. Learn about UELC insurance requirements here.
  3. Download our credit application here.

 

 

 

 

A DEAL FOR YOU!

55' Lift-All Bucket Trucks

Only $45,000!

Call 800-558-0999 today!

" Programs are available for daily, weekly, monthly and yearly; without obligations, hassles, and worries! That sets us a part from the rest." Gregg McGowan, Midwest