Heavy construction equipment is essential for building roads, moving earth, and laying infrastructure. But these machines come at a cost—often ranging from $80,000 to $400,000+. That’s where smart construction equipment financing solutions for excavators, loaders, and graders help you acquire the equipment you need while preserving your working capital.
Can I finance excavators, loaders, and graders?
Yes, you can finance construction equipment like excavators, loaders, and graders through equipment loans, leases, and SBA programs.
Whether you’re scaling operations or replacing aging machines, financing offers key advantages:
Preserve cash flow and stay liquid
Start projects faster with immediate access to equipment
Write off depreciation or lease payments for tax savings
Own the asset or upgrade periodically, depending on the structure
Build business credit for future growth
Related: How Equipment Financing Can Boost Your Company’s Cash Flow
You can finance or lease most types of yellow iron, including:
Excavators (standard, mini, wheeled, long-reach)
Loaders (wheel loaders, skid steers, backhoes)
Graders (motor graders for road prep and site grading)
Bulldozers
Trenchers
Attachments like buckets, hammers, and grapples
✅ Many lenders also cover delivery, setup, and attachments in the financing package.
Fixed interest rates and terms (24–72 months)
Full ownership after final payment
Collateralized by the equipment itself
Best for long-term asset use and depreciation benefits
Lower upfront cost
Return, upgrade, or buy at end of lease
Ideal for newer companies or project-based equipment needs
Can include maintenance in monthly cost
Up to $5 million available
Long repayment terms and competitive interest
Can cover both equipment and working capital
Best for established businesses with strong financials
Offered by Caterpillar, Volvo, Komatsu, CASE, John Deere, and others
Fast approval and flexible programs
Sometimes includes 0% for the first 12–24 months
| Equipment Type | Cost Estimate | Loan Term | Estimated Monthly Payment |
|---|---|---|---|
| Mid-size Excavator | $110,000 | 60 months | ~$2,070/month |
| Wheel Loader | $140,000 | 72 months | ~$2,390/month |
| Motor Grader | $275,000 | 72 months | ~$4,695/month |
To qualify for construction equipment financing, prepare:
Business license or EIN
Vendor invoice or equipment quote
3–6 months of bank statements or tax returns
Personal and/or business credit score (usually 600+)
Equipment usage plans (for newer companies)
Equipment loans for ownership and equity
Leasing for low upfront costs and flexibility
SBA loans for large-scale or long-term projects
Dealer financing for brand-specific programs
Excavators, loaders, and graders are the foundation of modern construction. With the right financing in place, you can tackle more projects, meet deadlines, and scale operations—without large upfront costs.
Need heavy equipment to get your next job off the ground?
Get pre-approved today for affordable financing on excavators, loaders, and graders—and keep your projects moving forward.