Briggs Finance: A Legacy of Lending in the Equipment Sector

Briggs Finance is a name synonymous with specialized financing solutions within the industrial equipment sector, particularly in the materials handling and construction industries. Founded as an integral part of the Briggs Equipment group, the company leverages decades of industry expertise to offer tailored financial products catering to diverse customer needs. Unlike generic lenders, Briggs Finance possesses a deep understanding of the equipment itself, its lifecycle, and the specific financial challenges faced by businesses operating in these capital-intensive environments. Their primary focus revolves around facilitating the acquisition of new and used equipment, including forklifts, construction machinery, and other specialized vehicles. This is achieved through a range of financing options designed to accommodate varying budgets and operational requirements. These options typically include: * **Finance Leases:** Allows customers to use equipment over a fixed term, making regular payments, with the option to purchase the asset at the end of the lease term. This is a popular choice for businesses that desire ownership and benefit from the depreciation expense. * **Operating Leases:** Offers usage of equipment without the burdens of ownership. At the end of the lease, the equipment is typically returned to Briggs Finance. This is ideal for businesses that require equipment for specific projects or want to avoid long-term asset ownership. * **Hire Purchase:** Provides a structured payment plan allowing customers to gradually acquire ownership of the equipment over a pre-defined period. * **Rental Agreements:** Short-term equipment solutions for immediate needs, often with flexible terms and maintenance included. What sets Briggs Finance apart is its ability to offer solutions that go beyond simple lending. They understand the crucial role equipment plays in business operations and can structure financing arrangements that align with specific operational cycles, cash flow patterns, and long-term growth strategies. This often involves working closely with customers to assess their individual needs and develop customized financing packages. Moreover, Briggs Finance offers added value through its association with Briggs Equipment. Customers often benefit from bundled services, including maintenance agreements, service contracts, and fleet management solutions. This holistic approach ensures that the equipment remains in optimal condition throughout its lifecycle, minimizing downtime and maximizing productivity. The company’s expertise extends to both small and large businesses, offering solutions suitable for single equipment purchases or comprehensive fleet upgrades. They cater to a wide array of industries, including manufacturing, warehousing, construction, and logistics. While Briggs Finance typically focuses on financing equipment sold or supported by Briggs Equipment, they sometimes offer financing options for other types of industrial equipment as well. Contacting them directly is the best way to understand their current offerings and eligibility requirements. In summary, Briggs Finance represents a trusted partner for businesses seeking flexible and reliable financing solutions within the equipment sector. Their industry knowledge, diverse product portfolio, and commitment to customer service have established them as a leading provider of financial assistance for equipment acquisition and management. By offering customized solutions, they help businesses overcome financial barriers and access the equipment they need to thrive in today’s competitive marketplace.