AP Equipment Financing, a leading provider of flexible financing solutions for UAV manufacturers and operators, has released a case study outlining how their flexible financing solutions can help small businesses that are looking to acquire and utilize unmanned aerial vehicles (UAVs) and related equipment in order to boost capabilities and grow their business.
Acme Surveying is a 6-man general surveying outfit in the Northeast USA that has experienced 5 years of double digit growth. Increased demand for aerial surveying work required them to partner with a local one-man drone piloting business to support the growing demand from clients. It quickly became evident that Acme needed to transition this aerial mapping work into an in-house capability.
Acme’s long-time surveying instrument dealer presented them with a robust UAV solution. However, after payload add-ons and training, the total cost of the solution exceeded $50K. This level of investment would significantly impact Acme’s liquidity and put a strain on cash flow at a difficult time of year. Winter months always required tapping into working capital, as harsh weather often limited their crew’s time in the field.
Acme’s equipment dealer was able to work with AP Equipment Financing, whose UAV financing options provided a simple process that allowed Acme to obtain the equipment immediately. AP was also able to provide seasonal payments that deferred the loan payment for three months, allowing payments to start at a time when improving field conditions would allow Acme’s business cash flow to support the additional payment amount.
By financing their purchase, Acme retained their working capital for other business needs and gained immediate access to revenue generating equipment. They were also able to avoid winter payments to protect their cash reserves and establish a relationship with a commercial lender familiar with their unique industry. This created a new source of capital for future equipment needs.
For businesses that utilize drones or are looking to acquire them to boost capabilities and stay competitive, AP Equipment Financing can offer simple, hassle-free equipment financing options for a single unmanned aircraft or an entire fleet with fast turnaround times. Financing UAVs can help you conserve cash, build business credit, reduce tax exposure, and allow you to stay competitive in your industry with up-to-date technology and software. To find out more about AP Equipment Financing and their UAV financing solutions, please visit their website: www.apfinancing.com.