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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.

Harrison Torres, Chief Operating Officer & Co-Founder

"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."

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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