Propane Equipment Financing & Leasing

Propane Equipment Financing and Leasing for Distributors, Contractors, and Commercial Operations

Running a propane business means managing high-cost equipment, strict DOT compliance requirements, and unpredictable seasonal demand. Whether you need to add a bobtail delivery truck to your fleet, expand your bulk storage capacity, or upgrade your cylinder filling station, Crestmont Capital has the equipment financing and equipment leasing solutions to keep your operation moving forward without draining your working capital.

We offer up to $10 million in propane equipment financing with 100% coverage, no down payment required, flexible terms from 24 to 72 months, and approvals in as little as 2 to 4 hours. Funding arrives in 1 to 2 business days after approval.

Apply Now and get a decision today.

Why Propane Companies Choose Crestmont Capital

• 100% Equipment Financing: Finance the full cost of your equipment including installation, delivery, and compliance upgrades. No down payment needed.
• Fast Approvals: Decisions in 2 to 4 hours. Funding in 1 to 2 business days so you do not lose time waiting on capital.
• Flexible Terms: Choose repayment terms from 24 to 72 months to match your cash flow and seasonal revenue cycles.
• Up to $10 Million: Finance a single piece of equipment or an entire fleet expansion under one facility.
• Financing and Leasing Options: Choose the structure that fits your tax strategy and long-term plans.
• Preserve Working Capital: Keep cash available for fuel inventory, payroll, and operations instead of tying it up in equipment purchases.
• All Credit Profiles Considered: We work with established businesses and growing companies across the propane industry.

Propane Equipment Financing: What Can You Finance?

Crestmont Capital finances all major categories of propane equipment used by distributors, retailers, contractors, and commercial operators:

• Bobtail Delivery Trucks: New and used bobtail trucks ranging from $80,000 to $200,000 or more. Finance the truck body, metering equipment, and safety systems as a single package.
• Bulk Propane Storage Tanks: Above-ground and underground tanks from small 500-gallon units to large commercial tanks. Typical costs range from $5,000 to $50,000 or more depending on capacity and installation requirements.
• Cylinder Filling and Handling Equipment: Automated cylinder fill stations, carousels, palletizers, and cage management systems for retail and wholesale cylinder operations.
• Propane-Powered Forklifts: Industrial forklifts for warehouses, distribution centers, and manufacturing facilities. Units typically range from $20,000 to $50,000 each.
• Vaporizers and Pressure Regulators: Commercial and industrial vaporizers, first-stage regulators, and distribution manifolds required for large-volume propane systems.
• Safety Monitoring and Leak Detection Systems: Gas detection sensors, remote monitoring platforms, and emergency shutoff systems required for DOT and NFPA compliance.
• Dispensing and Transfer Equipment: Pumps, meters, hoses, and dispensing skids for retail and fleet fueling operations.
• Service and Transport Vehicles: Support trucks, service vans, and transport trailers used by propane delivery and maintenance teams.

If you are unsure whether your equipment qualifies, submit an application and our team will review your needs directly.

Finance a Propane Delivery Truck: Your Biggest Asset, Fully Funded

For propane distributors, the bobtail delivery truck is the backbone of the business. A single new bobtail can cost $120,000 to over $200,000, and most growing operations need multiple units. Paying cash for trucks locks up capital that could fund fuel inventory, driver payroll, or territory expansion.

Crestmont Capital helps you finance propane delivery trucks with 100% coverage, no down payment, and terms up to 72 months. You can also roll in the cost of GPS telematics, meter upgrades, and DOT compliance equipment into the same financing package. Fleet operators can finance multiple trucks under a single facility to simplify payments and reporting.

Whether you are purchasing your first bobtail or expanding a regional fleet, our propane delivery truck financing gets you on the road fast.

Propane Equipment Financing vs. Leasing vs. Cash: Choosing the Right Option

Not sure which option is right for your propane operation? Our team can walk you through both structures. Apply Now and tell us what you need.

Propane Company Equipment Financing: Who Qualifies?

Crestmont Capital works with a wide range of businesses across the propane industry and related sectors:

• Propane Distributors and Retailers: Regional and local propane companies that deliver to residential, commercial, and agricultural customers. Financing covers bobtails, bulk tanks, cylinder equipment, and service vehicles.
• Agricultural Operations: Farms using propane for grain drying, irrigation pumps, livestock heating, and greenhouse operations. Agricultural propane users frequently need large bulk storage tanks and seasonal delivery infrastructure.
• HVAC Contractors: Contractors who install and service propane heating systems, radiant heat systems, and commercial HVAC equipment. Finance service vehicles, diagnostic tools, and installation equipment.
• Construction Companies: Builders using propane for temporary heating, concrete curing, roofing equipment, and on-site power. Finance portable tanks, heaters, and fuel management systems.
• Restaurants and Food Service: Commercial kitchens that rely on propane for cooking equipment. Finance commercial ranges, fryers, and the storage infrastructure to support high-volume operations.
• Industrial and Manufacturing: Facilities using propane for process heat, forklifts, and backup power. Finance forklift fleets, vaporization systems, and bulk storage upgrades.
• Propane Forklift Fleet Operators: Distribution centers and warehouses running propane-powered lift trucks. Finance new units, refurbishment, and cylinder exchange equipment.

To qualify, businesses generally need to be operating for at least 12 months with documented revenue. Startups and newer businesses may qualify with strong collateral or a personal guarantee. Learn more about our small business financing options.

How to Apply for Propane Equipment Financing

Getting financing through Crestmont Capital is straightforward. Here is how the process works:

1. Submit Your Application: Complete our simple online application at offers.crestmontcapital.com/apply-now. It takes about 5 minutes.
2. Receive a Decision: Our underwriting team reviews your application and returns a decision in 2 to 4 hours during business hours.
3. Review Your Offer: We present financing or leasing options with clear terms, rates, and monthly payment amounts. No hidden fees.
4. Sign and Fund: Once you approve the offer, funds are released to your equipment vendor or directly to you within 1 to 2 business days.
5. Take Delivery: Your equipment arrives and your operation grows. Payments begin on your agreed schedule.

You can also reach out to our team directly if you have questions before applying. We specialize in equipment financing for businesses across the energy and industrial sectors.

Frequently Asked Questions: Propane Equipment Financing and Leasing

What types of propane equipment can I finance with Crestmont Capital?

We finance virtually all propane-related equipment including bobtail delivery trucks, bulk storage tanks, cylinder filling stations, propane-powered forklifts, vaporizers, pressure regulators, safety monitoring systems, and dispensing equipment. We can also include installation costs, freight, and compliance upgrades in the financing package.

How much can I borrow for propane equipment financing?

Crestmont Capital offers financing from small single-equipment transactions up to $10 million for large fleet or infrastructure projects. Most propane distributors finance between $100,000 and $2 million depending on fleet size and expansion goals.

Do I need a down payment to finance propane equipment?

No. Crestmont Capital offers 100% equipment financing with no down payment required. The full cost of the equipment, including installation and ancillary costs, can be included in the financing.

How long does it take to get approved for propane equipment financing?

Most applications receive a credit decision within 2 to 4 hours during normal business hours. After approval and contract signing, funds are typically released within 1 to 2 business days.

What is the difference between propane equipment financing and leasing?

With equipment financing, you own the equipment from the start and build equity over time. With equipment leasing, you make payments for the use of the equipment and have the option to purchase it at the end of the term. Leasing may offer tax advantages since lease payments can sometimes be fully deducted as a business expense. Our team can help you determine which structure makes more sense for your operation.

Can I finance a used bobtail truck or used propane storage tank?

Yes. Crestmont Capital finances both new and used propane equipment. Used equipment financing is subject to equipment age and condition requirements. Contact our team to discuss specific units you are considering.

Do I need to have perfect credit to qualify for propane equipment financing?

No. We work with businesses across a range of credit profiles. While stronger credit typically results in better rates and terms, we evaluate each application based on the full picture of the business including revenue, time in operation, and equipment type. Apply and let our team find the best available option for your situation.

Can I finance working capital for propane inventory alongside equipment financing?

Yes. In addition to equipment financing and leasing, Crestmont Capital offers working capital loans that propane businesses can use to fund fuel inventory purchases, cover seasonal cash flow gaps, or support operational expenses during growth periods. Many propane companies use both products simultaneously.

Ready to Finance or Lease Your Propane Equipment?

Crestmont Capital is the #1 rated U.S. business lender and a trusted partner for propane distributors, agricultural operators, HVAC contractors, and industrial businesses nationwide. We understand the capital demands of the propane industry and structure financing solutions that work with your business cycle, not against it.

Do not let equipment costs slow your growth. Get 100% financing, no down payment, and funding in as little as one business day.

Apply Now and get your propane equipment financed today.