Equipment financing can help contractors add or replace the tools, machines, vehicles, and jobsite assets needed to take on work without tying up all available cash at once.
Equipment Financing Uses
- Heavy equipment
- Commercial vehicles
- Excavators, skid steers, and loaders
- Trailers and hauling equipment
- Generators and power equipment
- Construction machinery
- Specialty tools and other contractor equipment
When This Fits
This option is usually the best starting point when the funding need is tied to a specific piece of equipment, a replacement purchase, or a capacity upgrade for a crew or jobsite.
Also reviewing cash flow needs? See Working Capital for Contractors. Funding for a specific job can start with Project Financing for Contractors.
Financing availability, approvals, terms, and rates depend on provider review and applicant qualifications. No approval or specific term is guaranteed by Contractor Supplies.