How Much Does it Cost to Lease a Mini Excavator?

Unlock the potential of your landscaping business with flexible, stress-free financing options for your next mini excavator.

Landscaping businesses often find themselves in need of versatile and efficient equipment to handle various tasks. One such indispensable piece of machinery is the mini excavator. However, purchasing a mini excavator with cash can be a significant financial burden.

This is where leasing comes into play! Your business has an affordable means to get an expensive mini excavator for a low monthly payment.

In this article, we will explore the costs associated with leasing a mini excavator and how Beacon Funding, an industry leader in equipment financing since 1990, can help you acquire one fast and easily.

Understanding the Costs of Buying a Mini Excavator

Purchasing a mini excavator entails a substantial investment, particularly for landscapers and hardscapers aiming to grow their business.

To give you an idea of how much it costs to buy a mini excavator:

• Price range for a small mini excavator: $25,000 to $35,000.
• Price range for a moderate-sized mini excavator: $35,000 to $55,000.
• Price for a large mini excavator: $60,000 to $95,000.

These figures highlight the financial commitment required to own such equipment. For many landscaping businesses, this can be a deterrent and holding them back from offering more services, finishing jobs efficiently, and improving their bottom line.

Mini Excavator Leasing Benefits

Leasing a mini excavator offers several advantages, making it an attractive option for landscaping businesses.

Lowering Upfront Costs Through Leasing

Leasing significantly reduces the initial capital outlay required to acquire a mini excavator. Instead of a hefty upfront payment, you can make smaller, more manageable payments over time. The longer the term, the lower the payment will be.

To see how low your monthly lease payment would be, try this quick financing calculator. It’s a great way to see if a mini excavator is in your budget.

Financial Benefits of Leasing a Mini Excavator

• Get Equipment Sooner: Business owners benefit by acquiring the equipment they need now instead of waiting longer to save up the entire amount.
• Conserving Cash for Other Business Needs: Leasing frees up capital that can be used for other essential business investments, such as marketing, hiring, and other operational expenses.
• Generating Revenue While Making Payments: Since you can start using the mini excavator immediately, you can begin generating revenue with it while making affordable payments.
• Enjoy Low Monthly Payments: Leasing with Beacon Funding empowers you to spread out the initial purchasing cost of your mini excavator into monthly payments, making it easier to manage your cash flow.

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Beacon Funding’s Lease-to-Own Program

Beacon Funding’s Lease-to-Own program is perfect for landscaping businesses looking to acquire mini excavators without the financial strain of upfront costs.

This program puts you on the track to take advantage of:

• Equipment Ownership: Since we offer ways for businesses to keep their equipment, about 90% of our lessees end up taking ownership at the end of their term through one of Beacon Funding’s buyout options. Most popular end-of-your-lease buyout options include $1 buyout, 10% of original purchase price, and fair market value (FMV).
• Flexibility: Beacon Funding specializes in flexible equipment payment plans tailored to your unique business needs. From term length to buyout options, choose the plan that allows for maximum growth and profitability.
• Tax Deductions: Your business may be able to write off the lease payment each tax year.

Since 1990, Beacon Funding specialized in financing trucks and equipment, making them a reliable partner to help you grow your landscaping business.

In a nutshell, leasing provides a cost-effective entry into mini excavator ownership, offering financial flexibility, predictable expenses, and the ability to keep your equipment up to date.

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Unlock the Potential of Your Business with Beacon Funding

Leasing a mini excavator can be a cost-effective and flexible solution for your landscaping business. By lowering upfront costs, offering predictable monthly payments, and enabling immediate use of the equipment, leasing helps conserve cash for other business needs.

Beacon Funding’s Lease-to-Own program ensures that you get the mini excavator you need without financial stress, allowing you to focus on growing your business and achieving success. If you're considering leasing a mini excavator, look no further than Beacon Funding—your trusted partner in equipment financing.

Curious about how Beacon Funding’s Lease-to-Own program can work for your landscaping business? Take the first step towards mini excavator ownership by exploring if you qualify?

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