We are now funding Renewable Energy products, wind turbines, and solar panels. We are offering leasing on these products up to six year terms; lease these products for what your utility bills are. No huge down payments, additional tax benefits additional to what the government offers, no long waits for USDA underwriting. No need for full disclosure in most cases, application only to $125,000. When leasing you can benefit from section 179 by writing off up to 60% the first year, along with the government’s 30% tax credit; section 1603 now allows business to receive the credit in cash 60 days after installation. There are also state, and local rebates available see www.dsire.com for more details.

Is there still money for equipment leasing in Iowa?

Even though the credit crunch has severly restricted credit in equipment leasing, there are still programs out there with very good rates for the purchase of new equipment. Generaly, credit scores need to be over 700 and there must be cash flow, but there are also programs for credit scores that are lower, and also sale lease back programs for people with credit/cash flow problems.
These programs are great access to working capital and a way to pay off debts. They are usually higher rate programs, but are short term and are meant to make a company bankable.

For more information on these and other programs, feel free to conact us!

800-487-0816 X 114

Freightliner Trucks has introduced its first natural gas-powered truck, the Freightliner Business Class M2 112 NG, which the company says is ideal for port operations, natural gas utilities and municipalities. Natural gas technology can save an estimated $6,000 in annual fuel and operating costs per truck, according to Melissa Clausen, director of product marketing for Freightliner Trucks, who noted that customers in states such as California will also benefit from tax incentives for alternative fuel vehicles.

Peterbilt has added its Model 335 medium duty hybrid electric tractor to its family of hybrid vehicles eligible for federal tax credit. The credit of up to $9,000 from the Department of Treasury’s heavy manufacturing and transportation group can be applied to the Peterbilt Model 335 hybrid class 7 tractors based on its verified fuel savings gains of up to 40 percent.

Kenworth Truck Co.’s manufacturing plant here recently celebrated its 35th anniversary.
The plant, the company’s largest, has produced more than 325,000 trucks since it was opened in 1974. “The employees at Chillicothe have played a key role in Kenworth’s success over the past 35 years. Along with well-trained employees, we utilize leading-edge technology, production and logistics systems to build quality Kenworth trucks,” Scott Blue, plant manager, said.

Walcott Truckers Jamboree will celebrate its 30th anniversary Thursday and Friday, July 9-10, at Iowa 80 Truckstop with more than 150 exhibits, a truck beauty contest, antique trucks, a trucker Olympics and pork chop cookout.
Singer Aaron Tippin will perform Thursday night at 7 p.m., followed by a fireworks display and Super Truck light show. The concert is being sponsored by Mobil Delvac.
Friday’s events include cutting an 8-foot anniversary cake in the shape of a semi truck set to feed nearly 2,000 people. Jamboree admission and parking are free.Iowa 80 Truckstop, located at Interstate 80, exit 284, in Walcott, Iowa, will be celebrating its 45th anniversary in conjunction with the Jamboree.
(etrucker.com)

The mandated changes for the EPA 2010 are targeting clearner burning engines to reduce smog and improve ground level ozones. Daimler Trucks North America will be utilizing Selective Catalytic Reduction (SCR) technology to reduce levels of Nitrogen Oxides (NOx) being omitted from the engine. SCR technology will use an additional aftertreament device to treat NOx levels after the combustion process rather than within the cylinder with EGR. This means current or reduced EGR rates which in turn equates to better fuel economy, lower operating temperatures and fewer aftertreatment regenerations.

After several weeks of increases, average U.S. diesel prices returned lower this week, dipping less than a penny to $2.608 a gallon. Over the previous weeks, the price had increased more than 43 cents, according to the U.S. Department of Energy.The average price of a gallon of diesel is $2.037 less than a year ago when prices jumped to close to $5 a gallon. Currently least expensive region is the Midwest at $2.569, and the most costly is California at $2.785.

Mack Trucks Inc. announced, June 25, the company will move forward with its previously announced plan to consolidate production of its entire product line at its assembly facility in Macungie, Pa.The company says the plan involves transferring assembly of Mack highway vehicles from the plant in Virginia’s New River Valley to Macungie, where Mack’s construction and refuse trucks are assembled, to take advantage of efficiencies arising from consolidated assembly, as well as to create a brand-unique environment for Mack customers.

Wyoming is considering converting Interstate 80 to a toll road. Wyoming’s Department of Transportation says tolls are needed to cover projected shortages in revenue for highway maintenance and for adding a third lane in each direction, an idea that hasn’t been developed yet.

Thirty-six states were awarded nearly $140 million in additional federal aid this week to assist 249 transportation improvement projects, the U.S. Department of Transportation announced, June 24.

In these economic conditions we are still funding transactions for over the road owner operators, and fleets.