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BuildStone Inc Equipment Financing Success

BuildStone Inc secured $400,000 equipment financing to expand fleet capacity, increasing project capacity by 45% and revenue by $320,000 annually within 18 months.

Harrison Torres, Chief Operating Officer & Co-Founder of BuildStone Inc a construction business in New York standing at ease

Executive Summary

BuildStone Inc, a growing commercial construction firm in New York, faced capacity limitations that prevented them from pursuing larger contracts. The company secured $400,000 in equipment financing to acquire essential machinery and vehicles, enabling significant business expansion and market share growth.

The Challenge

  • Equipment fleet aging and insufficient capacity to handle multiple concurrent projects
  • Inability to bid on larger commercial contracts due to lack of specialized equipment
  • Rising rental costs ($8,500/month) cutting into profit margins on small to mid-size projects

The Solution

BuildStone Inc partnered with a commercial equipment financing provider to secure $400,000 in flexible financing over a 60-month term with competitive interest rates. The structured loan allowed the company to preserve cash flow while acquiring modern equipment without significant upfront capital expenditure.

The financing was allocated strategically: $180,000 for a new Caterpillar excavator and attachment packages, $120,000 for a Volvo wheel loader, and $100,000 for support equipment including concrete saws, compressors, and safety gear. This diversified equipment portfolio enabled the company to take on mixed-scope projects simultaneously, from site excavation to finishing work, while eliminating expensive equipment rental fees.

"This equipment financing was transformational for our growth. We went from turning away projects due to equipment constraints to scaling operations efficiently and capturing high-margin contracts."

Harrison Torres, Chief Operating Officer & Co-Founder

The Outcome

  • Project capacity increased by 45%, allowing simultaneous execution of 3-4 projects instead of 1-2
  • Annual revenue grew from $2.8M to $4.1M (+46%) within 18 months of equipment acquisition
  • Equipment rental costs eliminated, improving gross margins by 8-12% on equipment-heavy projects

Conclusion

The $400,000 equipment financing proved instrumental in BuildStone Inc's growth trajectory, transforming operational constraints into competitive advantages. The company now operates near full equipment utilization with a modern, reliable fleet that attracts larger commercial clients and enables premium pricing.

Looking Forward

BuildStone Inc is planning a second financing round for $250,000 to add specialized equipment for upcoming commercial development contracts worth $6.2M. Management projects reaching $5.5M in annual revenue by 2026 with this expanded capacity.

BuildStone Inc

Overview

BuildStone Inc is a full-service commercial construction company operating throughout New York, specializing in commercial renovations and infrastructure projects. With 25 employees and $2.8M in annual revenue, the company required equipment expansion to meet growing market demand.

Industry

Construction

Location

New York

Amount

$400,000

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