Construction Equipment Financing Built for How the Industry Actually Works

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Heavy equipment doesn't wait for perfect credit or a spotless balance sheet. We finance excavators, dozers, cranes, skid steers, and everything in between — new or used, day-one startups to established contractors, with programs for every credit profile.

What We Finance in Construction and Heavy Equipment

We place no restrictions on equipment age, hours, or condition as long as the machine is business-essential. That means we can finance equipment that most banks and direct lenders turn away — older iron, high-hour machines, and private-party purchases all qualify.

 

Equipment we commonly finance:

 

  • Excavators and mini excavators
  • Bulldozers, motor graders, and scrapers
  • Cranes, boom lifts, and aerial work platforms
  • Skid steer loaders and compact track loaders
  • Backhoes and wheel loaders
  • Dump trucks, flatbeds, and vocational trucks
  • Concrete mixers, pumps, and finishing equipment
  • Compactors, trenchers, and directional drills
  • Trailers: lowboys, goosenecks, and flatbeds
  • Attachments and ancillary job-site equipment

 

If it runs a job site, we can likely finance it.

Programs for Every Stage of Your Construction Business

Whether you're breaking ground on your first contract or running a multi-crew operation, we have a structure that fits. We have competitive funding programs available for all credit types and situations.

Startups and New Contractors

We finance day-one businesses with no revenue history required on many programs. If you're launching and need your first excavator or skid steer, we have paths forward that most lenders won't offer.

Challenged Credit and Past Bankruptcy

A low credit score or a prior bankruptcy doesn't disqualify you here. We work with lenders that evaluate the full picture — your down payment, the equipment value, your industry, and your trajectory — not just a credit number.

Established Contractors Scaling Up

Application-only approvals up to $500,000 with no personal financials or tax returns required. If you're adding to a fleet or replacing aging iron, we can move quickly without burying you in paperwork.

ITIN-Only Borrowers

No Social Security number? We have lenders who will work with ITIN-only applicants. This is a program most brokers and banks don't offer — and one we've built specifically for contractors who need it.

Private-Party Equipment Purchases

Buying a used excavator or dozer directly from another contractor or a private seller? We finance private-party transactions starting at $20,000 — a segment most lenders won't touch.

Loan and Lease Structures for Construction Equipment

We offer multiple financing structures depending on your tax strategy, cash flow needs, and how long you plan to keep the equipment.

1. Equipment Finance Agreement (EFA / Loan)

You own the equipment from day one. Fixed monthly payments, no balloon, and the asset goes on your books. Best for equipment you plan to keep long-term.

2. $1 Buyout Lease

Structured as a lease for accounting purposes, but you own the equipment at the end for $1. Offers potential Section 179 and bonus depreciation benefits while keeping the transaction off your balance sheet during the term.

3. Fair Market Value (FMV) Lease

Lower monthly payments with the option to purchase at fair market value, return the equipment, or upgrade at the end of the term. Common for contractors who want to cycle equipment as technology or job requirements change.

4. TRAC and Terminal Residual Leases

Common for titled vehicles and vocational trucks. Sets a residual value at the start of the term, with the contractor responsible for any difference at end of term. Frequently used for dump trucks and other titled heavy equipment.

5. Sale-Leaseback

Already own a machine free and clear? We can structure a sale-leaseback to pull equity out of the equipment and put working capital back into your business — without giving up use of the asset.

 

Not sure which structure fits your situation? Our loans and leasing page walks through the differences in plain language.

Financing Terms and Parameters

  • Funding amounts: $5,000 to $100 million
  • Terms: 12 months to 84 months on most construction equipment; longer terms available on certain structures
  • Rates: as low as 6% depending on credit profile, equipment type, and term
  • Down payment: $0 down available on qualifying transactions; deferred first payment options available
  • Application-only approvals up to $500,000 — no tax returns or financials required on qualifying deals
  • New and used equipment: no age, hours, or mileage restrictions
  • Private-party transactions: $20,000 minimum

Why Construction Contractors Work With The Funding Booth

We've been placing construction equipment deals since 2018 — more than 1,000 customers funded and over $100 million deployed across industries, with a significant share in construction and heavy equipment. A few things set us apart from going direct to a bank or captive lender:

 

  • Competitive funding programs available for all credit types and situations.
  • We don't penalize used iron. No equipment age or hours restrictions means older, high-hour machines that banks decline are often still fundable here.
  • We move fast on straightforward deals. Application-only approvals up to $500,000 mean less paperwork and faster decisions when your timeline is tight.
  • We're fully licensed. California license 60DBO-99063. We operate transparently and tell you the truth about your options — including when a deal isn't the right fit.

Frequently Asked Questions

  • Can I finance used construction equipment with high hours?

    Yes. We place no restrictions on equipment age, hours, or mileage. As long as the equipment is business-essential and the transaction meets our minimum funding threshold, high-hour machines are eligible. Lender appetite varies by equipment type and credit profile, but used iron is a core part of what we do.

  • Do I need to be in business for a certain amount of time to qualify?

    No minimum time in business is required across all of our programs. We have specific startup financing paths for day-one businesses and contractors in their first two years. Terms and down payment requirements may differ from established-business programs, but approval is possible from day one.

  • What credit score do I need to finance construction equipment?

    There is no minimum credit score that disqualifies you outright. We work with lenders who specialize in challenged credit, past bankruptcy, thin credit files, and ITIN-only borrowers. Credit profile affects your rate and terms — it doesn't automatically close the door.

  • How long does approval take?

    For application-only deals up to $500,000, many approvals come back within 24 to 48 business hours. Larger or more complex transactions involving financials and tax returns take longer. We'll tell you upfront what to expect for your specific deal.

  • Can I finance equipment I'm buying from a private seller, not a dealer?

    Yes. We finance private-party transactions — contractor to contractor, auction purchase, or any seller-to-buyer deal — starting at $20,000. Most lenders won't touch private-party heavy equipment sales. We do.

  • What's the difference between an equipment loan and a lease for construction equipment?

    With a loan or Equipment Finance Agreement, you own the asset from day one and build equity over the term. With a lease, the lender retains title during the term and you have options at the end — buy, return, or upgrade. The right structure depends on your tax strategy, cash flow, and how long you plan to use the equipment. Our loans and leasing page covers this in detail.