Construction equipment financing gives contractors and construction businesses a cost-effective way to acquire heavy machinery—like excavators, bulldozers, loaders, and cranes—without tying up large amounts of capital.
Whether you’re a small contractor or scaling a full-scale operation, financing offers fast access to mission-critical equipment while preserving cash flow and boosting operational efficiency.
How can you finance construction equipment?
Construction equipment like excavators and bulldozers can be financed through equipment loans or leases, often using the machinery itself as collateral.
Most heavy-duty machinery and tools used in construction qualify for financing or leasing. Common examples include:
Excavators
Backhoes
Skid steers
Bulldozers
Track loaders
Cranes
Forklifts
Boom lifts
Scissor lifts
Compactors
Trenchers
Generators
Concrete mixers
Buckets
Augers
Hydraulic hammers
Laser levels
New and used equipment can often be financed, and many lenders allow purchases from dealers, auctions, or private sellers.
You borrow a fixed amount to purchase the machinery. The equipment serves as collateral, and you own it after the final payment.
Best for: Long-term use of core machinery like excavators or bulldozers.
You rent the equipment for a fixed term with options to return, renew, or buy it at the end. Leasing offers lower monthly payments and more flexibility.
Best for: Short-term projects or fast-evolving tech.
Operating Lease: Lower monthly costs, no ownership.
Capital Lease: Higher payments, ownership at end of term.
✅ Preserve working capital for payroll, materials, or fuel
✅ Fixed payments help manage project budgets
✅ Tax deductions available via depreciation or lease write-offs
✅ Flexible terms from 12 to 72 months
✅ Quick approvals, even for newer businesses
Lenders typically look for:
Credit score (600+ preferred)
Time in business (6–12 months minimum)
Annual revenue (usually $100K+)
Equipment invoice or quote
Some lenders offer no-money-down options, especially for established companies.
Here are a few well-known providers:
Crest Capital – Specializes in construction equipment loans
National Funding – Flexible terms for startups and growing firms
Balboa Capital – Known for quick approvals and leasing options
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Yes—used excavators, bulldozers, skid steers, and more are often eligible for financing. However, lenders may:
Require an inspection
Set age or condition limits
Adjust loan terms based on resale value
| Feature | Financing | Renting |
|---|---|---|
| Ownership | ✅ Yes (loan) / Optional (lease) | ❌ No |
| Long-term cost | ✅ Lower over time | ❌ Higher for long-term use |
| Flexibility | ❌ Less than renting | ✅ High |
| Availability | ✅ Buy what you need | ❌ Limited to current stock |
Financing construction equipment allows you to grow your business, win bigger contracts, and stay productive—without draining your reserves. Whether you need a single skid steer or an entire fleet, there’s a financing option to match your budget and job requirements.
Get a quote from a construction equipment lender, compare leasing vs. loan terms, and lock in machinery that fuels your business growth.
Don’t let a lack of capital hold back your next big project.