How to Get Financing for Your Construction Equipment

Construction equipment has evolved tremendously. With solutions for all credit situations,  from leasing to financing, we have the largest selection of financing options available.

Financing Construction Equipment

If you are looking at new construction equipment and want to know your financing and/or leasing options, contact us. The most common construction equipment we provide financing solutions for are below, but contact us if you don’t see your equipment type.

excavation equipment digging into a cliff
yellow construction vehicles in a dirt area

Your Path to Equipment Financing in 3 Simple Steps

Securing a loan for your construction equipment can be straightforward. Here’s how the process typically works:

Step 1: Assess Your Needs & Budget: Before applying, it’s helpful to identify the specific equipment you need and create a realistic budget. Lenders will want to see that you’ve assessed your cash flow to ensure repayments fit within your seasonal income.

Step 2: Prepare Your Key Documents: To qualify for an equipment loan, you will generally need a few key documents. Gathering these ahead of time speeds up the process. This often includes 2-3 years of income history (like a Schedule C or F), financial statements, and proof of insurance.

Step 3: Complete a Simple Application: Our online application is designed to be fast and seamless. In many cases a simple application is all that’s needed to get a credit decision within hours.

Plan Your Budget with Confidence

Get a clear picture of your potential monthly payments in seconds. Our free equipment financing calculator makes it easy to estimate your payments and explore different loan scenarios to find what works for your operation. See how affordable your next equipment purchase can be.

Financing for Every Type of Construction Operation

Our network of dealers and construction companies are involved in a diverse mix of industries. These are examples of the customers we work with on a routine basis to secure the best equipment financing for their needs.

  • Commercial Construction: The planning and organization of a well-run commercial construction business is impressive, building anything from office buildings to hotels and warehouses. Making sure your fleet of commercial construction equipment, including trucks, cranes, bulldozers, excavators, backhoes, lift equipment, etc., are up-to-date is essential to the proper execution of the job.

  • Residential Construction: In the business of new construction of homes, townhomes, apartments, or remodeling, roofing, or other types of residential construction? Finance Scope can help you secure the best financing to upgrade your next trailer, telehandler, skid loader, or almost any equipment you’ll likely need.

  • Lawn & Landscaping: Our lawn and landscape customers do lawn care, irrigation, landscape projects, and more. Whether it’s a lawn mower, skid loader, trencher, or otherwise, we can set you up with the right equipment for your lawn and landscape business.

  • Forestry and Logging: A forestry and logging company typically requires specialized equipment such as chainsaws, skidders, harvesters, forwarders, and log trucks to efficiently carry out tasks such as tree felling, log extraction, and transportation in forested areas.

  • Tree Service Providers: Tree service providers do a wide range of tasks, including trimming, cutting, tree removal, mulching, stump grinding, and more. Finance Scope is proud to work with tree service providers helping them get the right equipment to do the job efficiently.

  • Concrete & Masonry: Hardworking professionals in the business of pouring concrete, bricklaying, block installation, and other masonry projects need equipment. We are here to finance your next excavator, skid loader, truck, or trailer so you can get the job done most efficiently.

  • Asphalt and Paving: An asphalt and paving company requires equipment such as asphalt pavers, compactors, milling machines, rollers, dump trucks, and infrared heaters to efficiently handle tasks related to road construction, asphalt paving, resurfacing, and repairs. Look no further than Finance Scope to keep your equipment up-to-date for your asphalt and paving jobs.

  • Dirt Work and Excavation: A dirt work and excavation company typically leverages heavy equipment such as excavators, bulldozers, loaders, graders, dump trucks, and compactors to efficiently undertake tasks like site preparation, earthmoving, land grading, trenching, and excavation for construction and infrastructure projects. We provide finance solutions for all types of dirt work and excavation equipment.

  • Mining: Excavators, haul trucks, loaders, drills, crushers, and conveyors are typical of a mining company seeking to extract and transport minerals with precision and operational efficiency effectively. Our mining customers appreciate the finance solutions we can provide for their equipment needs.

  • Directional and Well Drilling: A directional drilling company requires specialized equipment such as drilling rigs and guidance systems to accurately drill horizontal or directional boreholes for various applications like wells, oil and gas, underground utility installation, and geotechnical surveys. Finance Scope provides the right finance solutions for drilling companies.

  • Septic Systems: Septic system installers routinely leverage excavators, backhoes, trailers, and compaction equipment for their septic projects; all equipment that Finance Scope can deliver value in providing the best equipment financing.

  • Other Construction Industries & Businesses: The list of industries and businesses that Finance Scope serves is quite large. If you don’t see your specific industry listed but want to learn how we might be able to service your equipment financing needs, please reach out.

    We would be happy to have a conversation with you to determine if we can provide value in equipment financing.

Why Work With Finance Scope?

We deliver value to our dealers and construction equipment owners by providing personalized service, unmatched expertise, and a diverse mix of the best equipment finance companies in one single platform. On top of this, we can provide:

Construction Equipment Financing FAQs

What types of construction equipment can I finance?

Finance Scope finances most construction equipment categories, including skid steers (skid loaders), compact track loaders, backhoes, dozers, excavators, trenchers, directional drills, and more. If your machine isn’t listed, send us the details—we can usually finance it or offer alternatives.

Can I finance both new and used construction equipment?

Yes, we provide financing for both new and pre-owned construction equipment. Whether you want the latest machines or cost-effective used models, we’ll structure the right loan or lease plan for your business.

How quickly can construction financing be approved?

Financing approval is often completed within 24–48 hours. Our streamlined credit process helps you secure equipment and get to work without delays.

Do you work with seasonal construction businesses?

Yes, we understand construction demand can be seasonal. Our financing options can include flexible or seasonal payment schedules to align with your cash flow and reduce strain during slower periods.

Can I lease construction equipment instead of financing it?

Yes, leasing is available in addition to traditional loans. Leasing can lower upfront costs, preserve working capital, and allow you to upgrade equipment more often.

Do you finance construction attachments and parts?

Yes, we finance construction attachments, implements, and essential replacement parts. These can be bundled into your equipment financing package for convenience.

What credit requirements do I need for construction equipment financing?

We work with a wide range of credit profiles. While stronger credit may secure better terms, many contractors and operators with less-than-perfect credit still qualify for financing.

Can financing be customized for small construction contractors?

Yes, financing can be tailored for both large firms and small independent contractors. We customize plans to fit your budget, cash flow, and project needs.

Do you offer financing for construction logistics and transportation?

Yes, Finance Scope provides financing for equipment transportation and logistics. This includes trailers, trucks, and other transport solutions to help move construction equipment safely and efficiently between job sites. Click here to learn more about equipment transportation financing.

Are there tax benefits to financing construction equipment?

Yes, many businesses can take advantage of Section 179 deductions or other tax benefits with construction equipment loans and leases. Consult your tax advisor to maximize potential savings. You can learn more about SEC 179 rules and regulations in our helpful guide.

Recently Financed Equipment

Finance Scope — More Solutions. Your Best Interest.

Rates & Updates

Sign up to stay current on rates & updates from Finance Scope