CONSTRUCTION EQUIPMENT AND FINANCING
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Mini and Compact Equipment Purchasing Guide
Over the last couple of decades, the demand for mini and compact equipment has flooded the market. In the 1950s, the construction industry started transitioning towards machines to handle small tasks. Thanks to innovative blacksmiths of the time, we have access to devices such as the Keller self-propelled loader (which later became the Bobcat skid steer), Ed Malzan's ditch-digging Ditch Witch, and more.
These ground-breaking inventions spurred a mini-revolution in construction machinery. Tasks such as digging, auguring, leveling, and loading were being done by "mini" versions of standard tools with walk-behind or stand-on models. In a world where DIY projects and fix-uppers are prevalent hobbies and projects, many property owners rely on small-motorized equipment independently rather than hire others. Landscapers, farm operators, and contractors also trust that using compact machinery allows them to complete their tasks efficiently and keep customers happy. Compact machinery has given customers a sense of pride and accomplishment in their businesses and projects like never before. Are you ready to start digging into your next project? Be a part of the mini-revolution!
Each buyer is unique. We have homeowners finishing up weekend projects, contractors finishing up a project, and companies with inventory that could fill a warehouse. We want you to get the most out of your purchase, below we have outlined a few things to consider as you make your decision:
Size & Configuration
Consider the job at hand. Need to lift something, how high? Have a job that is trenching? How large and deep does the ditch need to be? Does the person working the machine need to sit or stand? Are you sure this machine is the BEST for the job? Do you have a lot of space on the job, or do you need something that will accommodate tight quarters? Does this machine help me with various jobs or projects?
Whether it be lifting, trenching, loading, there are many factors to plan around. We want to make sure you are making the best decision for your project or business.
Manufacturer Support & Warranties
Compact machinery does not require the same financing as large machinery; this gives small businesses an opportunity to do well in this market. When selecting machinery, buyers should consider how much support they would like from their manufacturer or dealer in the event your compact machine suffers a failure. An attractive price could cost you and your business should your machine suffer a chronic leak, an engine blows, or your machine is not working at its full capacity. Having a manufacturer that you can rely on with a solid warranty can make or break the bank, make sure you choose a dealer that can support and protect your investment.
Construction Equipment refers to heavy-duty machines and vehicles designed for construction purposes. Several Heavy Equipments that look the same have quite different mechanisms and purposes. This article goes through the specifications, workings, and objectives of different Construction Equipment such as Backhoe Loader, Skid-Steer, Directional Drilling Equipment, etc. and finally through the financing, buying and renting of Heavy Equipment.
A Landscape Loader is a Construction Equipment used to load raw materials such as minerals, sand, logs, feed, woodchip, gravel, metal ores, etc. Loaders are also used to move unwanted material such as rock, dirt, and snow aside. There are various types of Loaders used for different kinds of tasks.
A Backhoe Loader is a construction equipment that has a Loader on one side and a Backhoe on the other. The loader is a rectangular bucket attached to two arms. The bucket collects material as the vehicle drags itself forward, and the arms lift the bucket up, scooping the material. The bucket can be rotated forward in order to drop the material. Backhoe, mounted on the other side of a Backhoe Loader, is an excavator. It consists of an arm with three joints attached to a square bucked with a claw-like structure at the base. The arm pulls the bucket towards the vehicle digging through and collecting material while the vehicle stays in place.
Backhoe Loaders are very common and versatile and can be used for digging, demolishing, landscaping, deconstructing asphalt roads, etc. The Backhoe can often be replaced with attachments such as grapple, auger (drill), stump grinder, or a breaker. Since swinging backhoe, digging, demolishing, breaking, and drilling can cause the vehicle to shake, vibrate, or even tip, most Backhoe Loaders are equipped with outriggers or stabilizers. Without outriggers or stabilizers, the Backhoe Loader would shake uncontrollably, causing damage to the vehicle while making the process inefficient. The stabilizing legs can make use of two types of grips. When on the road, rubber grips are ideal since they provide friction. Metallic grouser grips that dig themselves into the dirt are a better choice for off-road.
Compact Loaders and Compact Excavators:
Compact Loaders, as the name suggests, are lighter, smaller in size and easier to transport. This might be they have become very popular with private homeowners. Their smaller size also makes them less energy-consuming. For off-road purposes, Compact Track Loaders ideal, whereas Compact Wheel Loaders are more efficient for on-road tasks. Compact Excavators use the same principle design as a regular excavator but are smaller and hence are ideal for tasks that excavators are too big to perform.
Skid-Steer or Skid Steer Loader is a rigid machine with arms on which a variety of tools could be attached. Skid Steers have four wheels, but typically unlike cars, it doesn't turn by turning its front wheels; rather, its left wheels “run” at speeds different from its right wheels, causing it to turn. This is a technique; called differential steering is applicable here because of the vehicle’s small body size and large wheels.
Tracked Loaders are Construction Vehicles attached with tracked chassis. The vehicles are a Jack of all tasks but the king of none. More specialized equipment can easily outperform a Tracked Loader at their specific tasks, but it's the versatility that makes Tracked Loaders valuable for many companies. Modern Tracked Loaders use technologies such as hydrostatic transmission and electro-hydraulic controls resulting in excavators being their only competitors in versatility.
Wheeled Loaders have all the characteristics of a tracked loader, except for its specialized for roads. Wheels are energy efficient and provide more friction on roads as opposed to Tracked Loaders.
Crawler Loaders are Tracked Loaders specially used to push unwanted material aside. They work the same way as the Loader part of a Backhoe Loader does. They have a Loader attached at the front, which is similar to Backhoe Loader but bigger. The Loader stays on the ground while the vehicle drags the material in front of the Loader forward. Crawler Loaders are designed for off-road tasks.
A Crawler Dozer is a construction vehicle consisting of tracked chassis and equipped with a large metal plate at the front. These are used for pushing large quantities of soil, mud, rubble, and other unwanted materials from the site of interest. It is often equipped with an attachment resembling a claw that digs itself into hardened mud and loosens it. Crawler Dozers and Bulldozers are used in heavy industries, factories, farms, mines, military bases, etc. Tracks are a huge advantage for Crawler Dozers. They provide high friction and strong ground holding capabilities, which allow Crawler Dozers to move around easily, even in mud and rough terrain. Providing the Dozer with a large contact area, they reduce pressure on the ground due to the weight of the dozer, which could otherwise result in the dozer sinking in. Some Crawler Dozers have swamp tracks or LGP (low ground pressure) tracks, which are extra-wide, further reducing the pressure on the ground.
Blades on a Crawler Dozer come in three varieties.
Directional Drilling Equipment:
Directional Drilling Equipment is used for installing pipelines without having to dig the entire path of the pipeline. A Directional Drilling vehicle is a tracked vehicle that attached itself to the boring site via rock bolts, large bolts that go into the ground. The vehicle carries a boring head attached to a long, equal in diameter neck. The boring head is capable of emitting signals which are picked up by a tracking device. The boring head enters the ground at a small angle. The head rotates in which the neck is pushed forward from the vehicle. The blade is shaped such that it goes straight in when it's rotating but curves when it's not. This, along with the tracking system, allows the operators to avoid breaking and pipelines. The ability to change directions also allows the operators to avoid any big rocks in the way. The positions of such obstacles can be predetermined by seismic devices.
Heavy Equipment Financing
Heaving Equipment Financing enables interested parties to get a bank loan so they can purchase Construction Equipment without having to pay for it right away. It also allows Leasing. Even if the interested party has sufficient funds to purchase Heavy Equipment, it might be a good idea to go for financing and invest the funds in more profitable areas.
New Vs. Used Equipment
Is it in your best interest to buy new or used? For example, a used track loader cost less than the same model bought brand new. Is the machine you're buying being used minimally, or is it driving your project? It may be in your best interest to buy used if your compact machinery is merely offering a supporting role in a project. Are you relying on your machine to get the job done? You may want to buy new to guarantee support through your manufacturer's warranties. You should also consider if renting would be a better option for you since some rental fleets have thorough maintenance records. Be sure to weigh your options and shop smart.
Heavy Equipment Renting & Leasing
Like we have stated time and time again, each project is unique; some may be a one-time task such as fence-building. For a project like that, you may just need a machine for a weekend, enough to finish a job. Why buy a machine you use once and have it collect dust? Renting machines, you don't use frequently can benefit you financially in the long run. Assess your needs to see if a purchase or a rental is the best decision for you and your finances.
Why Construction Equipment Texas?
The team at Construction Equipment Texas are experts in partnering with you to make the most informed decisions about how to structure the financing of your business machines and material needs.
We have years of construction equipment financing expertise, making us the best choice among contractors.
We make sure to maintain a clear and effective communication pathway. Our communication style helps our customers to know where they are in the financing process at all times.
Construction Equipment Texas is proud of our ability to provide financing for all levels of financing needs.
Get less machine than is needed
In this situation good management is able to showcase their abilities. Situation: A pipeline needs running from a water main to a new shop a quarter-mile away. A 55-hp ride-on trencher will dig a ditch deep and wide enough to accommodate the line. Rental cost: $1,350 for seven days. But wait: A 6-ton mini-excavator with a narrow bucket only costs $50 more per week. Why wouldn't you not get the excavator and complete some other loading and digging tasks? Why not indeed.
Trust and Verify
Satisfying customer reviews help independent rental companies and OEM dealerships stay in business. Do yourself a favor and research the firms or dealers with which you are thinking about doing business. Talk to those that have rented the equipment and ask questions about how the company supports the customer and service their products. With proper research and verification, you will find a company that meets all your needs.
See best practices for Inspecting Used Compact/Mini Equipment
Mini and compact construction equipment have revolutionized small and major contractors business strategies. Compact machines have given businesses and individuals an unprecedented level of productivity when completing work. The continual growth and expansion of small machines will only spark new applications, giving buyers many options to choose from.