Boston, MA (PRWEB) September 24, 2014
According to a study done by Association of Equipment Manufacturers (AEM), the construction industry is recovering from the recession at a rapid pace. This trend has had a significantly positive impact on the U.S economy given that the industry now supports hundreds of thousands of high paying jobs and billions in economic activity.
The study was conducted in order to determine how the construction industry weathered the recent economic recession as well as its overall performance over the past ten years. The study was also meant to clarify the construction equipment industry’s economic footprint.
Infrastructure project growth could be the reason behind the continued progress in the construction industry. In addition, mining activities have also increased - which has positively impacted the industry in the recent past.
Additionally, the use of advanced machinery over traditional construction machinery has increased over the past few years due to technological development. Acquisition of this advanced machinery through options such as leasing is expected to fuel market growth over the next few years because of its cost effectiveness.
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However, a major challenge facing the construction industry right now is meeting the stringent fuel emitting standards set by regulatory authorities. Heavy construction equipment is known to emit toxic gases such as carbon dioxide and nitrous oxide.
New machinery technology enhances construction productivity. Vernon Tirey, CEO and Founder of LeaseQ was quoted as saying; “Most construction activities have moved from hand tools to electric powered tools and some technologies even provide new capabilities to construction equipment. However, many construction companies may not have sufficient capital to fund acquisition of this equipment. This is why we offer equipment leasing through our online platform.”
LeaseQ Is Now Offering Construction Equipment Leasing
New equipment technologies and advances in building materials have helped mitigate the rising costs of construction. There is plenty of good news for companies trying to decide which type of construction equipment meets their needs. LeaseQ leases equipment such as dump trailers, skid loaders, cement trucks, concrete pumps, compactors, specialty pumps and ditch witches among other types of equipment – making those item cost effective for the growing construction industry.
Through their online platform, interested lessees can find construction equipment financing and construction equipment leasing options that suit their current financial situation. LeaseQ connects hundreds of independent equipment leasing companies, regional and local banks and international financial services companies with potential lessees.
Leasing at LeaseQ is quite easy. Lessees only have to fill in basic company and personal information. Once they hit the “get quote” button, LeaseQ will run a soft credit inquiry, which has zero impact on, an applicant's credit score. The entire process is free and it takes less than two minutes to get a pre-qualified quote.
Based in Woburn, MA, LeaseQ is a source of instant leasing quotes from leading finance companies. Their online platform provides a safe and fast way to lease equipment from preferred companies. Visit them at https://www.leaseq.com