Finance heavy equipment, trucks, trailers, and construction machinery with fast approval and competitive rates.
Construction equipment loans help construction companies finance heavy equipment, trucks, and machinery. Equipment types: excavators, bulldozers, loaders, cranes, trucks, trailers, and tools. Loan terms: rates 6-30% APR, terms 2-7 years, amounts $25k-$500k+. Equipment serves as collateral, reducing lender risk. Approval in 24-72 hours. Requirements: 6+ months in business, $10k+/month revenue, 600+ credit. Benefits: preserve cash flow, spread cost over time, use equipment while paying, tax benefits (depreciation). Can finance new or used equipment. Equipment financing is ideal for construction companies needing to purchase or upgrade equipment.
Don't tie up cash in expensive equipment. Spread cost over time while you use equipment to generate revenue on projects.
Equipment financing approves in 24-72 hours. Equipment serves as collateral, reducing lender risk and speeding approval compared to unsecured loans.
Can claim Section 179 deduction (up to $1M) or bonus depreciation (100% first year) for qualifying equipment. Also deduct interest payments.
Terms match equipment lifespan (2-7 years). Can finance new or used equipment. May include maintenance packages or warranties.
Rates typically 6-30% APR depending on credit, equipment type, and loan amount. Higher credit scores get better rates. Equipment serves as collateral, reducing rates compared to unsecured loans.
Terms typically 2-7 years, matching equipment lifespan. Longer terms lower monthly payments but increase total interest. Choose term based on equipment expected life and project needs.
Amounts range from $25k-$500k+ depending on equipment value and business financials. Can finance single items or entire equipment packages.
Down payments typically 10-20% of equipment value. Some lenders offer lower down payments for qualified borrowers. Trade-in value can count toward down payment.
Learn more about how to qualify for a business loan.
Yes, both new and used equipment can be financed. Used equipment may have slightly higher rates. Lenders assess equipment value, age, and condition. Used equipment can be cost-effective.
Process is fast: (1) Apply online, (2) Provide equipment quote, (3) Get approval in 24-72 hours, (4) Sign documents, (5) Funds disbursed to vendor. Equipment serves as collateral, speeding approval.
Yes, can finance multiple pieces in one loan or separate loans. Package financing may offer better rates. Can add equipment to existing loans in some cases.
Apply now and get a decision in 24-72 hours. Fast approval for excavators, trucks, and heavy equipment.
Fast decisions • Clear terms • Real people