Rethinking Fleet Financing to Improve Bottom Line Results
The construction sector is stabilizing following a period of rapid growth, with drivers of commercial construction remaining strong amid a thriving economy. While fundamentals are healthy, experienced contractors understand that whether a long phase of stability or a downturn is on horizon, it’s important to adjust their fleet management and business operations strategies accordingly.
Keep Fleets Fresh and Nimble Through Smart Diversification and Leasing
As economic expansion slows and the construction industry moderates, contractors are faced with uncertainty regarding whether the country is heading toward a downturn in the next few years or an extended period of slow growth. The good news is that many construction business owners and managers have begun to reevaluate fleet financing and diversification strategies to consider how they can be best positioned for either outcome.