An excavating company out of Ohio, also a current customer of Global Financial & Leasing Services (GFLS), was able to realize major cost savings by acquiring a lighter duty truck. The business owner clarified that with fuel costs increasing, it is no longer economical to use a dump truck to haul materials from smaller job sites. With the new lighter duty truck, he would be able to haul smaller jobs at significant fuel cost savings, since using the dump truck for these jobs was “overkill.”
This customer has a great payment history with us, and we were able to extend the credit for the truck. The customer is now enjoying cost savings and increased competitiveness, as well as bidding jobs that would not have been economically feasible before obtaining the lighter duty truck.