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Summit Funding Reaches 25 Years in Business, Plans Team Expansion

Summit Funding Reaches 25 Years in Business, Plans Team Expansion 2302 1537 Summit Funding Group

Summit Funding Reaches 25 Years in Business, Plans Team Expansion

Summit Funding Group has reached its 25-year anniversary this year and is planning on actively expanding its team and services.

“We recognize that the key to Summit Funding Group’s continued … success has been our exceptional team, and our deep commitment to clients and business partners on a human level,” Ross said. “We approach all our business relationships and transactions with integrity, which has strengthened our reputation as a reliable, ethical company.”

Keep Fleets Fresh and Nimble Without Breaking the Bank

Keep Fleets Fresh and Nimble Without Breaking the Bank 800 500 Summit Funding Group

Keep Fleets Fresh and Nimble Without Breaking the Bank

Published in Construction Executive

Because commercial construction firms in general are experiencing a much more consistent and strong flow of projects than eight or nine years ago, many contractors are approaching equipment fleet acquisitions with an elevated level of confidence that the assets will be continuously utilized at a high rate.

That being said, a smart, precise and forward-thinking fleet financing strategy is critical to maximizing profits and staying competitive, even when business is booming.

Using the following steps as a guide, contractors can maintain the up-to-date equipment fleets they need to take on jobs while remaining nimble enough to adapt to fluctuations in project flow.

Financing Strategies Deliver Cost Savings and Peak Flexibility to Growing Utility Construction Firms

Financing Strategies Deliver Cost Savings and Peak Flexibility to Growing Utility Construction Firms 300 200 Summit Funding Group

Financing Strategies Deliver Cost Savings and Peak Flexibility to Growing Utility Construction Firms

The U.S. utilities industry is experiencing record-breaking growth, driven largely by the ongoing need for infrastructure upgrades and restoration, as well as significant, government-mandated projects such as grid modernization and extensive pipeline overhauls.

In fact, the utilities industry saw a record-breaking approximately $117 billion in spending by the largest investor-owned utilities in the U.S. last year. This has translated directly into a larger volume of projects and growth for utility contractors. While this industry has continuously faced uncertainty due to shifting energy sources and heavy regulation due to environmental impact, it is clearly not slowing down.

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