What Is A Dump Truck
A dump truck is a truck used for transporting loose material (such as sand, gravel, or dirt) for construction. A typical dump truck is equipped with an open-box bed, which is hinged at the rear andequipped with hydraulic pistons to lift the front, allowing the material in the bed to be deposited ("dumped") on the ground behind the truck at the site of delivery.
Types of Dump Trucks We Finance
There are a wide variety of dump truck types including: Standard dump truck, Transfer dump truck, Truck and pup, Superdump truck,Semi trailer end dump truck, Semi trailer bottom dump truck, Double and triple trailer bottom dump truck, Side dump truck. We provide leasing options for all of these types of dump trucks.
Dump Truck Drivers
Dump truck drivers operate, control, load and haul materials as needed on and off road. Drivers are usually required to have a Commercial Driver's License, a high school diploma, insurance, a clean driving record and in some cases, additional training certifications. The wages range depending on skill level and geographic area. Salaries for dump truck drivers are highest in the northeastern sections of the United States. Statistics from Indeed showed that salaries were higher in New York and Massachusetts than those in the South, Midwest and West. California dump truck drivers earn slightly more than in surrounding states, with annual salaries of $37,000 compared to $32,000 in Oregon and $30,000 in Arizona, two of the lowest just above Alaska and Hawaii. According to the U.S.Department of Labor, heavy and tractor-trailer truck driver jobs are expected to grow at a rate of 21 percent through 2020, which is faster than the national average. Growth depends greatly on the
economy as well as construction of new commercial and residential buildings.
Financing a Dump Truck
Financing a dump truck is a great option for business enterprises such as construction companies, gravel pit and rock companies, businesses offering debris removal services, and new businesses. The financing process is designed to be flexible and customized to the needs of each business. There are several loan and lease options that will allow businesses to obtain the equipment they need at the best rate, and with the most appropriate lending terms to ensure future profitability and success. Having access to the most up to date equipment ensures longevity of business operations, in several important ways. Newer dump truck equipment cuts down on costly repairs, ensures faster delivery of services, and delivers unparalleled peace of mind when it comes to safety and related liability concerns. Connecting with a knowledgeable finance company, experiences in dump truck lending transactions can be a streamlined process and a sound business move for long term planning strategies.
Lending Options for Used Dump Truck Equipment
Lending options also exist for those interested in purchasing used equipment, allowing for significant cost savings as well as the opportunity to expand with less capital. This scenario also works well for those just starting out in the industry, who want to create a feasible on ramp to a new career in a lucrative industry. No matter the motivation, financing experts are a key to every purchase strategy for dump truck acquistion.