Taycor Financial, a provider of commercial equipment financing solutions, launched its new equipment rental program in partnership with LiuGong. The program is designed to offer equipment dealers and rental houses a low-risk, high-reward path to expand rental offerings, while reducing operational complexity.
“This is a prime example of what partner-driven financing can achieve,” Michael Hong, president of Taycor Financial, said. “By providing dedicated credit lines and rapid access to capital, we’re empowering LiuGong dealers to grow faster. Leveraging Taycor’s financial infrastructure and industry expertise, dealers can quickly scale rental offerings, convert trial rentals into sales and build lasting customer relationships.”
The program was developed in close collaboration with LiuGong.
“This rental program has been customized especially to meet the needs of LiuGong dealers so they can grow the rental business profitability and get more high quality LiuGong machines in the hands of customers,” Joseph Andris, vice president of dealer administration and finance at LiuGong, said.
“We’ve built this program with manufacturer and dealer success in mind,” Vu Nguyen, senior vice president of business development at Taycor Financial, said. “By giving manufacturers a powerful tool to support their dealer network, and dealers a clear path to convert rentals into permanent sales, we’re helping both strengthen profitability, protect market share, and create lasting customer loyalty.”
