Financing the purchase of a new or re-manufactured hydraulic breaker
A hydraulic breaker, hydraulic hammer, or hoe ram is a very expensive piece of equipment, starting in the thousands. The bigger problem is that because finance companies regard rock hammers as high risk because of their “portability”, very few will finance them at normal heavy equipment finance rates.
One underlying problem is that when a skid steer, backhoe, mini excavator, or excavator is financed, the Uniform Commercial Code(UCC) statement that is filed at each secretary of state’s office/UCC division typically utilizes blanket language to cover every contingency, such as “….as well as any attachments therewith…”. This gives the item financed by the lienholder priority and stretches the lienholder’s right to repossess not only the primary piece of equipment but also its attached bucket, hydraulic or manual thumb, hydraulic hammers, hydraulic breakers, and any other item attached to the end of the stick-even if they don’t have any lien on them. Of course, that does not give the lienholder ownership, but it does allow them to repossess the excavator and attachment all at once.
At Gorilla, we understand that financing is important to maintain cash flow for excavation, demolition, and construction companies and that some hydraulic attachments are valued higher than the carrier itself. We also know that many excavation and demolition contractors buy a hydraulic breaker or hoe ram and “bake it in” with their skid steer, backhoe, mini excavator, track hoe, or crawler excavator purchase, often blinded the famous “Zero percent financing” -which is frequently a myth when it comes to attachments, as explained below. (a click on here?). In short, a more affordable hammer at a higher interest rate costs FAR LESS than a zero percent hydraulic breaker at a price that is often inflated TO COVER THE LOSSES FROM OFFERING ZERO PERCENT FINANCING!
Gorilla is happy to present finance options for hydraulic hammer purchases, selecting finance companies with rates that are “hammer friendly” and easy to work with. Gorilla frequently runs programs on certain models that will effectively “buy down” your rate if you purchase a Gorilla Hydraulic Breaker. Please see our application and/or capture our QR code below so that you can see how we can help you get a hammer on your machine fast.
Hammer Repair Financing:
At Gorilla, we understand that hydraulic hammer repairs can run in the thousands on larger breakers. Our finance partners are happy to work with you to get your hammer back to work right away while allowing you to make payments and keep a positive cash flow. Just ask!
Why buying Gorilla beats 0% hammer financing.
Marketing teams across all product lines have determined interest rate matters more than what you pay but…
Math does not lie and Gorilla will do it for you!
$60,000 financed at zero percent for three years:
Payments: $1,666.67 per month for 36 months for a total of $60,000.00
$45,000.00 financed at eight percent (average credit) for three years:
Payments: $1,410.14 per month for 36 months for a total of $50,765.04
With Gorilla Hydraulic Breakers priced between 20 and 30 percent less than the competition……………..
We put nearly $10,000($9,234.96 to be exact) in your pocket and you pay LESS sales tax.
You’ll still get a premium, proven hammer with 24-hour parts and technical support from an 80-year-old company!
What else can Gorilla do for you?
Call one of our Hammer Advisors™ today at (888) 814 -6745 GORILLA to get started!