Construction and Heavy Equipment Financing

Crest Capital finances construction equipment from the seller of your choice. A dealer purchase, new or used, is the simplest: the dealer’s quote lists the machine, its serial number, the attachments and the price. Auction purchases qualify too; have the auction’s invoice or bill of sale, and check your eligibility before you bid, since auction payment deadlines are short. A machine bought from another business or an individual works the same way: a bill of sale, the serial number and proof that the seller holds clear title. There is no hard cap on equipment age; condition and collateral value are weighed. More on used equipment financing and private-party purchases.

Crest Capital finances construction and heavy equipment for established businesses: 2 or more years under current ownership, a record of paying creditors and comparable borrowing on time, and, in closely held companies, a personal credit score of 650 or better for owners of 20% or more. Crest Capital does not finance pure startups, and the equipment must be for business use.

One simple application covers $10,000 to $500,000, no financial statements or tax returns are needed up to $250,000, and most applications receive a same-day credit decision. The full application uses a soft credit pull, which never places an inquiry on your credit report. Never a hard pull. Owners of 20% or more typically sign a personal guarantee, and some companies qualify on the business’s credit alone. The requirements, parameter by parameter, are on the credit requirements page, and the six steps from application to funding are on the finance process page.

Construction machines are tangible personal property, so a financed excavator, dozer, loader or backhoe placed in service during the tax year can generally be expensed under Section 179 in that year, whether it is paid for in cash or financed. For tax years beginning in 2026 the Section 179 deduction limit is $2,560,000, reduced once the cost of Section 179 property placed in service in the year passes $4,090,000, and 100% bonus depreciation applies to qualified property acquired and placed in service after January 19, 2025. The Section 179 calculator shows what a purchase could mean for your business; your tax advisor applies the rules to your return.