Reduce the Impact of High Prices by Refinancing
Commercial Credit Group
APRIL 29, 2022
The prices of new and used equipment have been rising for the past couple of years, nearly in every industry. But we’ve seen significant increases for transportation equipment. In fact, a dry van trailer that cost $35,000 two years ago now costs around $48,000. That’s a 31% price increase! Talk about sticker stock! With costs on the rise, it’s more difficult than ever to get the equipment you need to expand and grow your business…especially if your cash is tied up in other monthly obligations.
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