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Mountain Crane Services

Equipment Finance Solution for Construction Equipment Acquisition

Challenge

Mountain Crane Service needed a crawler crane to support a newly awarded contract with Siemens Energy’s wind power service business.

Under the contract, Mountain Crane provides service and maintenance support for Siemens Energy to service and maintain wind turbines in several U.S. states.

Solution

Working closely with Siemens Energy to fully understand Mountain Crane’s contract details, SFS was able to obtain deep market knowledge regarding the project and develop customized financing for the crane.

SFS completed $4.35 million in financing to support  the acquisition of a Liebherr LR 1600-2 crawler crane by Mountain Crane Service.

Customer Benefit

Mountain Crane was able to acquire the equipment necessary to fulfill their contract with Siemens Energy, facilitating their ability to meet business goals.

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