Construction & Heavy Equipment Financing
Heavy equipment is expensive, and renting it long-term eats margins. Financing lets contractors own excavators, loaders, and dozers and spread the cost over the years the machines earn money.
Equipment Commonly Financed
- Excavators, mini-excavators, and backhoes
- Wheel loaders, skid steers, and track loaders
- Dozers, graders, and compactors
- Cranes, telehandlers, and aerial lifts
- Paving, concrete, and attachments
Typical Terms
- Down payment: commonly 10–20%
- Terms: up to 84 months; longer on newer, higher-value machines
- Amount: up to $1M in total equipment value
- Structures: equipment loans and lease options, including $1 buyout leases, FMV leases, and seasonal or skip payments for contractors with slow winters
New vs. Used
Used machines from reputable brands hold value well and are widely financed. Lenders will look at hours, age, and condition — an inspection or dealer appraisal helps on private sales and auctions.
What Lenders Want to See
- Time in business and contractor license
- 3–6 months of bank statements
- Equipment invoice or quote
- Backlog or signed contracts for larger requests
Cash Flow Between Draws
Waiting on progress payments? Working capital or invoice factoring can fill the gap while the equipment loan covers the machine.
See our equipment financing page for program details.
Equipment and truck programs fund up to $1M in total value with terms up to 84 months, as a loan or a lease. Rates, down payments, and final terms vary by lender, equipment, and credit profile, and every deal is subject to underwriting and approval. A down payment is required on most programs.
Related equipment guides: Trailer Financing · Startup Equipment Financing · Construction & Heavy Equipment · Box & Dump Truck Financing · Used Semi Truck Financing
Start your application → or call (559) 549-4717.
California Business Capital | Fresno, California | info@cabizfunding.com | 559-549-4717