After it’s peak in 2007, the rail industry has been in a state of flux over the last few years; however, the projected outlook over the next few years suggests that the rail industry is making a steady comeback. This year alone, volume has increased nearly 5 percent with much of the demand coming from coal, aggregate, and intermodal. Additionally, as the national GDP increases, railroads will certainly share in that growth — and with increased demand and traffic, comes the requirement for additional maintenance.
To help you address these needs, Amur Equipment Finance offers fast and flexible finance and lease solutions. Depending on the MOW equipment type, we can offer the right product for your specific tax needs. Our finance products include straight finance programs such as the Equipment Finance Agreement which allows you to take advantage of all the benefits of ownership including depreciation allowances like IRS Section 179. Our lease products include Operating Leases and Finance Leases, and while they differ from the Equipment Finance Agreement, they can provide you with many benefits including depreciation allowances and tax deductions or the option of upgrading equipment at the end of the lease term.
Amur Equipment Finance funding solutions range from $10K to $2MM which can cover a myriad of railroad maintenance equipment and wayside train monitoring systems. All our customized finance solutions are designed to help your rail business conserve capital, lower upfront costs and preserve existing credit lines. And, we make the entire process easy for you with our straightforward online application.
For all your MOW equipment financing needs, apply online today!
Get these benefits and more with AmurEF.
- Customized finance programs
- Application only up to $500,000
- Prefunding available
- Easy-to-enter forms
- Prompt credit decision
- Same-day funding
- $10,000- $2MM and beyond
- Serving all credit profiles
- Dedicated support team
- A+ BBB rating for 20 years