4 programs for easier Wastequip equipment financing

November 28, 2022
4 financing options that Wastequip offers for multiple brands

As with any major investment, procuring the products and equipment needed to power waste storage, handling, transport and disposal can be a costly endeavor, especially when done on a large scale. But for customers who choose to purchase their waste-industry products and equipment from the Wastequip family of brands, help is available via a range of financing and purchase-assistance programs.

Consider these five programs that can ease the investment for companies, municipalities, and other customers who opt to partner with North America’s leading manufacturer of waste handling equipment to outfit their waste storage, handling, transport and disposal operations:

  1. Wastequip Finance: 
    With Wastequip Finance, approved companies and municipalities can easily increase their purchasing powers without creating new debt. Following a fast and simple application process that requires only a business or organization name, address, and phone number for transactions under $500,000, a speedy credit decision is made in as little as two hours. The financing offers low, fixed-interest rates and a straightforward equipment-finance contract, and it can be structured with skips, step payments and seasonal payment options to meet a variety of budgetary and cash-flow needs. The bundled, 100% financing includes tax and freight with no money down or advance payment required, and leveraging it can free up working capital with no effect on customers’ existing credit lines. 

    To learn more about Wastequip Finance, visit www.wastequip.com/services/financing.

  2. Cooperative Purchasing: 
    Sourcewell is a public agency that offers competitively solicited purchasing contracts for a broad range of products, equipment and services. By combining the buying power of more than 50,000 government, education and non-profit organizations, it can save waste-industry customers time and money when they are outfitting their operations.

    The agency holds hundreds of competitively solicited cooperative contracts that are ready for use with no fees or obligations for members. So when members need products and equipment, they don’t have to duplicate the solicitation process — it’s already been done on their behalf. 

    Further, Sourcewell evaluates vendors on more than just price alone. The agency also considers quality and credibility, and it holds vendor contracts with more than 175 industry-leading brands in areas such as heavy equipment, facilities, maintenance and repair, technology, utility equipment and transportation, just to name a few. As a result, when members leverage Sourcewell, they have more time to spend on other important tasks, and more money to spend on other projects.

    The types of organizations that can qualify to become Sourcewell members include:
    - government agencies
    - educational institutions
    - housing authorities
    - rural cooperative utilities
    - non-profit agencies
    - churches
    - hospitals and nursing homes
    - Native American tribes
    - special districts

    The Sourcewell contract-awarded vendors in the Wastequip brand family include Wastequip, Galbreath and Toter. To learn more about Sourcewell, visit www.sourcewell-mn.gov.

  3. OMNIA Partners:
    By making their purchases through OMNIA Partners — the nation’s largest cooperative purchasing organization for public-sector procurement — organizations including state and local governments, K-12 and higher-education institutions, and nonprofits can save both time and money. This is because the purchasing organization brings together more than 50,000 public-sector entities to generate cooperative buying power that helps members pay less for the products they purchase and cut their administrative costs.

    There is no cost for organizations to join OMNIA Partners or use its contracts, which are competitively solicited, evaluated and awarded by a government entity acting as the lead agency. Further, to ensure maximum value, security and transparency, contracts are awarded utilizing industry-best practices, processes and procedures.

    The OMNIA Partners program is available to Toter customers. To learn more about OMNIA Partners, visit www.omniapartners.com/publicsector.

  4. Other Cooperative Purchasing Programs:
    When organizations are buying Amrep garbage trucks and cable hoists, competitively solicited cooperative purchasing contracts can simplify the process — and ensure that customers get the best value. Further, they can eliminate the administrative burden often associated with the purchasing process, saving organizations time and money.

    When member agencies leverage these contracts, doing so can substantially reduce the work of procuring refuse trucks and related equipment, largely because the competitive bid work has already been completed. In addition, customers can rest assured that the process is fair and transparent. 

    For city or county agencies in North Carolina, Amrep products are available through the North Carolina Sheriffs’ Association. And for nationwide procurement by government agencies and non-profit organizations, HGACBuy can provide assistance.

    To learn more about Amrep Cooperative Purchasing, visit www.amrepproducts.com/why-amrep/cooperative-purchasing.

About Wastequip
Wastequip is the leading North American manufacturer of waste handling equipment, with an international network of manufacturing facilities and the most extensive dealer network in the industry. Wastequip’s broad range of waste and recycling equipment, trucks and systems is used to collect, process and transport recyclables, solid waste, liquid waste and organics. The company’s brands include Amrep®, Accurate™, ConFab®, ContainerPros®, Galbreath®, Mountain Tarp®, Pioneer™, Toter®, Wastebuilt®, Wastequip®, Wastequip WRX™ and wasteware™. For more information, visit www.wastequip.com.

Back to Blog