Excavator Financing
New and Used Excavator Financing Is Available Now
About 2 minutesNo personal-credit inquiryInstant answer
Finance a new or used excavator for your established business. Whether you are replacing a machine or adding capacity for construction, demolition or site work, financing spreads the purchase into monthly payments. We consider equipment bought from dealers and private sellers.
Crest Capital has provided new and used excavator financing since 1989. Loan and lease options are available for business use, and the financed excavator serves as the collateral.
The Benefits of Crest Capital’s New and Used Excavator Leasing and Financing
One Online ApplicationComplete one simple online application. No financial statements are needed for financing up to $250,000.
Fixed RatesYour rate is fixed for the term, so your monthly payment is predictable. On most transactions, there is no blanket lien on your other business assets.
Approval TimingCheck your eligibility online to get started. Approval and funding timing depend on the application and the transaction.
Mini, Crawler and Wheeled Excavators
We consider the full range of excavators a business runs: mini and compact excavators for utility trenching, landscaping and tight residential lots; standard crawler excavators for site preparation, foundations and earthmoving; wheeled excavators that move between city job sites on their own tires; and long-reach and demolition excavators. Used machines, including used mini excavators, can be bought from a dealer or a private seller. Contractors, utility and pipeline crews, landscapers and demolition companies finance excavators for their own work.
Crane Shovel Financing
A crane shovel is a revolving machine built around a heavy boom, mounted on crawler tracks, a truck or a wheeled carrier. The older convertible designs could be rigged as a power shovel, crane, dragline or clamshell. Front shovels and large excavators now do most of that digging, loading rock and overburden in quarries, mines and mass excavation. We consider new and used shovels, including older machines bought from a dealer or a private seller.
Excavator Financing FAQ
What Are New and Used Excavator Financing Rates?
Rates depend on your business credit profile, the excavator and the financing terms. Check your eligibility online to get started.
Do You Offer Fixed Rate Financing and Leasing?
Yes. Excavator loans and leases carry fixed rates, so your monthly payment is predictable.
How Long Does Approval Take for an Excavator Loan or Lease?
Start with the online eligibility check. Approval and funding timing depend on the application and the transaction.
Do I Have to Have a Lot of Collateral to Finance an Excavator?
The excavator you finance serves as collateral. On most transactions, there is no blanket lien on your other business assets.
Are There Other Restrictions or Covenants?
No. We do not ask you to keep a minimum account balance, and there is no annual requalification.
Are There Restrictions Regarding the Type of Machine I Buy? And how about Financing a Used Excavator?
We consider new and used excavators, including purchases from private sellers. Eligibility depends on your business and the equipment you choose.
Can I Easily Pre-Qualify?
Yes. Use Check Your Eligibility Instantly to see whether your business qualifies, with no personal-credit inquiry.
Get the Excavator Leasing and Financing You Need Today
About 2 minutesNo personal-credit inquiryInstant answer