Black Buffalo 3D Corporation, a manufacturer of NEXCON printers and proprietary 3D construction ink, announced the launch of Black Buffalo 3D Financial (BB3D Financial), the world’s first turnkey solution for financing and renting large-scale 3D construction printers.
With this new approach, builders of all sizes all over the world can experiment with this exciting technology without making a large capital investment and quickly scale their operations. Renters will also be able to use BB3D Financial’s unique rent-to-own program to apply a partial credit toward the purchase of their own NEXCON printer.
“After speaking with commercial and residential construction leaders, our team realized that the majority of heavy equipment and machinery on a job site was rented rather than owned. Why should 3D building printers be any different?” remarked Michael Woods, CEO/COO of Big Sun Holdings Group, Black Buffalo 3D’s parent company.
“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.”
Tim Murphy, a 25-year veteran of equipment leasing, is the President of BB3D Financial. The new company was formed in response to the high demand for Black Buffalo 3D’s NEXCON 1G printer.
Large-scale 3D printers, like cranes, excavators, and bulldozers, are a natural fit for financing and rentals, allowing them to become another tool in the arsenal of any builder or developer.
This new venture aligns with Black Buffalo 3D’s mission to increase 3D printing technology adoption and acceptance while distinguishing itself as a leader in 3D construction equipment. “According to the American Rental Association, 93% of all construction firms rent equipment, so we developed a rental solution to ‘product fit’ the industry as it already exists “exists,” Murphy explains.
“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 home builder. The company that gained international attention for printing the world’s first owner-occupied 3D home with Habitat for Humanity has recently announced Project Virginia, which will result in the printing of 200 3D printed homes using Black Buffalo 3D’s NEXCON printers and Planitop 3D ink.
“As our 3DCP industry evolves, one opportunity stands out: the high demand for 3DCP machine leasing and rental. Thousands of academic institutions, construction companies, and small businesses will be able to expand their education in this industry and test out their designs and ideas thanks to Black Buffalo 3D’s rental and financing options. BB3D Financial will be the driving force behind 3DCP adoption, and Alquist 3D is thrilled to be their first of many clients” Alquist 3D founder Zachary Mannheimer stated.
The 3DCP industry is still evolving, and as the technology matures and true cost savings become apparent, BB3D Financial rental and finance terms enable the printer to quickly pay for itself.
Builders will be able to predict their expenses as a fixed cost of the project and recognize significant savings from day one of 3D construction builds by matching a rental term to the length of the project.
Rental terms begin at three months for domestic businesses and six months for international businesses. Long-term financing and leasing will also be available.
