Garbage trucks are a unique and expensive purchase, but one that is fundamental if you plan to start your own sanitation business. You will need the services of a finance company that understands the sanitation business and is experienced in financing these types of specialty vehicles. Liberty Financial Group, Inc. provides direct financing and leasing for all types of essential new and used commercial equipment and specializes in the transportation industry.
Unlike its competitors, Liberty Financial Group is creative and flexible ? offering nontraditional structures and special programs when appropriate. Banks or traditional financial institutions are typically not be willing to finance garbage trucks because they are unique in nature and have very distinct purposes.
Different types of garbage trucks include:
- Rear Loader Truck ? The most common type of garbage vehicle, it transports waste in its rear. The waste needs to be dumped into the truck by service workers.
- Front Loader Truck ? a garbage truck which has fork like structure at its front. These forks help lifting the garbage bin to deposit wastes inside the container in the truck. The truck can contain large portions of wastes since they compress them tightly inside the container.
- Roll Off Truck ? This type performs the same function of other garbage trucks, however it also has the capacity to raise its bed and roll off the container on to an unloading area. At the same time, another container would be put on the truck to accept another load of waste. Due to this special functionality, this type of truck is a particularly expensive investment for a fledgling sanitation business.
- Grapple Truck ? This truck has the ability to haul heavy wastes by using a grappling arm to lift the bulk waste and empty the garbage bins. The truck is particularly rugged and strong.
- Recycling Truck ? Very similar to other garbage trucks, but with the capacity to accept specialized waste products such as glass, asphalt, plastic, paper, etc.
- Side Loader Truck - This type of garbage truck accepts waste in its sides. It is built with special narrow design in order to carry waste in residential areas, and even inside buildings such as warehouses.
Garbage trucks are essential to start a sanitation company. However, due to their unique nature and expense, many financial institutions are hesitant to finance garbage trucks. Liberty Financial Group is different. The representatives at Liberty Financial Group will work closely with you to create financing or leasing programs which best meet the specific needs of the waste management industry. ?To learn more call today 1-888-883-4480 or email?sales@libertyfg.com.
Source: http://www.libertyfg.com/blog/2013/06/starting-a-sanitation-business-garbage-truck-financing/
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