In this environment you might think competition lessens but construction equipment finance remains hotly contested. Could there be a way to earn your way into a financing relationship with growing construction firms without having to navigate the mosh pit of yellow iron financing?

“We use our bank for working capital and real estate. We mostly partner with CAT for equipment financing,” a CFO of a $71 million commercial contracting company told Secured Research. “But recently, we started a relationship with an equipment finance company to finance our technology. Our IT capex has grown over 30% in recent years as we’ve needed more unique hardware. We’ve even given the new finance company a few schedules of construction equipment in recent months.”