Black Buffalo 3D Corporation (BB3D), the manufacturer of NEXCON printers and proprietary 3D construction ink, will offer the world’s first turnkey solution for financing and renting large-scale 3D construction printers, through its new subsidiary, Black Buffalo 3D Financial (BB3D Financial). With this new approach, builders of all sizes around the world can use 3DCP technology without large capital investment and can scale their operations quicker. Renters will also be eligible to apply a partial credit towards the purchase of their own NEXCON printer with BB3D Financial’s unique rent-to-own program.
“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?” remarked Michael Woods, CEO/COO of Big Sun Holdings Group – the parent company of Black Buffalo 3D. “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.”
Taking the lead at BB3D Financial as President is Tim Murphy, a 25-year equipment leasing veteran. The new entity was created in response to the demand Black Buffalo 3D received after launching its NEXCON 1G printer. Large-scale 3D printers are a suitable fit for financing and renting – allowing them to become another tool in the arsenal of any builder or developer, similar to a crane, excavator, or bulldozer. This new venture is in line with Black Buffalo 3D’s mission to increase the adoption and acceptance of 3D printing technology and differentiate itself as a leader in 3D construction equipment.
“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,” explained Murphy. “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.”
One such home builder is Alquist 3D – the company that gained international recognition for printing the first owner-occupied 3D home in the world with Habitat for Humanity and recently announced Project Virginia that 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,” stated Zachary Mannheimer, Founder of Alquist 3D.
The 3DCP industry is still evolving and, as the technology matures and the true cost savings are realized, BB3D Financial’s rental and finance terms will allow the printer to pay for itself quickly. By matching a rental term to the length of the project, builders will be able to predict their expenses as a fixed cost of the project and recognize significant savings from day one of the 3D construction builds. Rental terms start at 3 months for domestic and 6 months for international businesses. Long-term financing and leasing will also become offered.