Construction Equipment Financing for Established Contractors
Finance excavators, dozers, loaders, cranes, and light equipment with terms up to 7 years. $500 to $10M+ range. Asset-driven underwriting for credit-qualified contractors and GCs.
Heavy Equipment Financing
$1M to $100M for major construction equipment. Cash flow underwriting. Specialized lenders who understand asset values in the construction sector.
Excavators
Mini to large excavators for all project sizes
Cranes
Tower cranes, mobile cranes, and lifting equipment
Backhoes
Loader backhoes and compact equipment
Bulldozers
Track dozers for grading and earthmoving
Pavers
Asphalt pavers and compaction equipment
Specialty Equipment
Pile drivers, concrete pumps, and more
Approval Timeline
Heavy equipment deals typically close in 2–6 weeks depending on equipment type, deal size, and credit profile. PeerSense works with lenders who specialize in large-ticket construction equipment and understand the asset values.
Light Equipment and Tools
$25K–$1.5M for skid steers, compressors, generators, power tools, trailers, and smaller construction equipment. Perfect for startup contractors and growing operations.
$500–$150K Range
Small-ticket financing for tools, trailers, and light equipment with streamlined approval processes.
24–48 Hour Approvals
Fast decisions on light equipment financing so you can get the tools you need without delay.
Credit-Qualified Contractors
Competitive rates and terms for established contractors with 680+ credit scores and demonstrated cash flow.
Minimal Documentation
Streamlined application process for small-ticket equipment with less paperwork than traditional loans.
Typical approval timeline for light equipment
Fleet Financing for Contractors
Finance work trucks, vans, and specialty vehicles with flexible underwriting options. Single vehicles or entire fleets.
Work Trucks
Pickups, dump trucks, flatbeds, and service trucks
Vans
Cargo vans, service vans, and crew transport
Specialty Vehicles
Boom trucks, bucket trucks, and custom builds
Multi-Vehicle Packages
Finance entire fleets in a single transaction
Underwriting Options
Cash Flow Underwriting
Based on business revenue and profitability
Asset-Based Underwriting
Vehicle value serves as primary collateral
Asset-Driven Underwriting for Established Contractors
When you're financing high-value construction equipment, the asset itself can be a significant factor in the approval process. Lenders who specialize in construction equipment understand the resale markets and may structure deals based on equipment quality and operator experience.
Equipment Value Drives Approval
For high-value construction equipment with strong resale markets, lenders may focus more on the asset quality and deal structure than traditional credit metrics alone.
Operator Experience Matters
Established contractors with a proven track record in their trade can leverage their industry experience and equipment expertise to strengthen deal approval.
Deal-Specific Underwriting
Each transaction is evaluated on its own merits — equipment type, age, condition, resale value, down payment, and operator background all factor into the decision.
Flexible Structuring Options
Larger down payments, shorter terms, or additional collateral can help structure deals for contractors who bring strong assets and industry experience to the table.
What This Means for You
If you're an established contractor with strong equipment collateral — excavators, dozers, cranes, loaders, or other high-value machinery — you may have more financing options than you think. Lenders who understand construction equipment markets can evaluate your deal based on the asset's quality, your experience operating that equipment, and the overall deal structure.
This is not a "bad credit" solution. It's a different underwriting approach that recognizes the value of the equipment and the operator's track record. Most lenders still prefer credit scores of 680+ for best terms, but asset-heavy deals with strong collateral may have more flexibility in how the deal is structured.
PeerSense works with lenders who specialize in construction equipment and understand how to structure deals for contractors who bring real assets and real experience to the table. If you have equipment worth financing and a track record in the trades, we can help you find the right capital partner.
SBA CAPLines Builders CAPLine
Need working capital for a specific construction project? The SBA Builders CAPLine provides project-specific working capital for contractors and builders.
Combine Equipment Financing + Working Capital
Many contractors use equipment financing for machinery and tools, then layer in SBA CAPLines for project-specific working capital. PeerSense can help structure both.
Frequently Asked Questions
Common questions about construction equipment financing
Most construction equipment lenders require a minimum credit score of 680 for competitive rates and terms. For asset-heavy deals — such as high-value excavators, dozers, or cranes with strong resale markets — some lenders may focus more on equipment quality, operator experience, and deal structure rather than credit score alone. Each deal is evaluated on its own merits, and contractors with strong collateral and industry experience may have more flexibility in how the financing is structured.
Ready to Finance Your Construction Equipment?
From light tools to heavy iron — PeerSense has equipment finance lenders for every stage of your contracting business. Schedule a consultation to discuss your equipment needs.
PeerSense identifies the right capital source from our network of 500+ lenders, private equity firms, and institutional advisors — and makes the introduction. You get a straight assessment of where your deal fits and a direct connection to the source most likely to close it.
Whether you're expanding your fleet, upgrading heavy equipment, or need working capital, we'll connect you with the right financing solution.
Need broader construction financing beyond equipment? View all construction financing options