Black Buffalo 3D Launches Financing Subsidiary for 3D Construction Printers
MAY 13, 2022 - 7:28 am
Black Buffalo 3D, a manufacturer of NEXCON printers and proprietary 3D construction ink, launched a new subsidiary, Black Buffalo 3D Financial (BB3D Financial), which will offer financing and renting of large-scale 3D construction printers. Renters will also be eligible to apply a partial credit toward a purchase of their own NEXCON printers with BB3D Financial’s rent-to-own program. Rental terms will start at three months for domestic businesses and six months for international businesses. BB3D Financial will also offer long-term financing and leasing eventually.
“In speaking with leaders in commercial and residential construction, our team recognized that most of the heavy equipment and machinery on a job site was rented, not owned. Why should 3D construction printers be any different? BB3D Financial will eliminate another barrier of entry for companies on the verge of starting 3D construction projects and help clearly define the cost savings possible with our NEXCON printers,” Michael Woods, CEO and COO of Big Sun Holdings Group, the parent company of Black Buffalo 3D, said.
Tim Murphy, a 25-year equipment leasing veteran, will lead BB3D Financial as president.
“According to the American Rental Association, 93% of all construction firms rent equipment, so we created a rental solution to ‘product fit’ the industry as it already exists,” Murphy said. “This dramatically lowers the entrance cost into 3DCP and opens the doors for all layers of the industry to join us in the 3D construction printing revolution.”
Alquist 3D is one such firm utilizing 3D constructing printing and will be one of BB3D Financial’s first clients. The company printed the first owner occupied 3D home in the world with Habitat for Humanity and recently launched Project Virginia, which will result in 200 3D printed homes using Black Buffalo 3D’s NEXCON printers and Planitop 3D ink.
“As our 3DCP industry continues to evolve, one opportunity is clear: the great need for leasing and rental of 3DCP machines. Black Buffalo 3D’s rental and finance options will allow thousands of academic institutions, construction companies and small businesses to grow their education about this industry and test out their designs and ideas. BB3D Financial will be the catalyst for 3DCP adoption, and Alquist 3D is excited to be their first client of many,” Zachary Mannheimer, founder of Alquist 3D, said.
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