Skid Steer Financing
New and used skid steers and compact track loaders for established businesses, from a dealer, an auction or a private seller.
About 2 minutesNo personal-credit inquiryInstant answer
Crest Capital finances new and used skid steer loaders and compact track loaders for established businesses, with one simple application covering $10,000 to $500,000. Buy from the dealer, auction or private seller of your choice, put the attachments on the same application, and pay one fixed monthly payment for the term. No financial statements or tax returns are needed up to $250,000, and most applications receive a same-day credit decision.
Crest Capital has provided equipment financing since 1989. Loan and finance lease options are available for business use, and the financed machine serves as the collateral, with no blanket lien on your other business assets on most transactions.
The Benefits of Crest Capital’s New and Used Skid Steer 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.
Wheeled Skid Steers and Compact Track Loaders
Wheeled skid steers are quick on pavement and hard ground and are simpler to maintain. Compact track loaders run on rubber tracks, which spread their weight on soft, muddy or sloped ground and keep the machine working in wet conditions. Crest Capital finances both, from the smallest frame sizes for tight residential lots to the largest.
Radial and Vertical Lift
Radial-lift machines suit digging and grading, while vertical-lift machines reach farther forward at full height, which helps when loading trucks and lifting pallets. Many fleets run one of each.
Skid Steer Attachments
A quick-attach plate and auxiliary hydraulics let one machine run buckets, pallet forks, augers, grapples, breakers, trenchers, brooms and mulchers. Attachments can be financed with the machine on one application.
Who Uses Skid Steers
Landscapers, site-work and concrete contractors, farms, snow and ice contractors, demolition crews, utility contractors and municipalities. A skid steer is often the first machine a growing business buys and the one it uses every day.
Skid Steers and Mini Excavators
A skid steer lifts, carries and grades; a mini excavator digs deeper and reaches farther. Many crews run one of each, and both can go on one application. See excavator financing.
New and Used Skid Steers
Before buying a used skid steer or track loader, check:
- The hour meter and service records
- The tires or tracks and the undercarriage
- The lift arm pins and bushings
- The quick-attach plate and auxiliary hydraulic couplers
- The hydraulics for leaks
- Clear title, when the seller is a private party
Dealer, Auction and Private-Party Skid Steer Purchases
Crest Capital finances skid steers and track loaders 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 private-party purchase from another business or an individual needs 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.
Attachments and More Than One Machine on One Application
Buckets, pallet forks, augers, grapples, breakers, trenchers, brooms and mulchers can be financed with the machine on the same application, from the same seller or a different one. One application can also cover more than one piece of equipment, such as a skid steer and the equipment trailer that moves it, or a skid steer and a mini excavator, when the total is $10,000 to $500,000.
Who Qualifies for Skid Steer Financing
Crest Capital finances skid steers and track loaders 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 skid steer 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.
How Skid Steer Financing Works
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Check Your Eligibility
About 2 minutes online, with no personal-credit inquiry, and an instant answer.
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Apply Online
One simple application covers $10,000 to $500,000. The full application uses a soft credit pull, which never places an inquiry on your credit report. Never a hard pull.
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Receive a Credit Decision
Most applications receive a same-day credit decision. Above $250,000, an answer typically comes within a business day once the financial package is in place.
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Sign and Take Delivery
Send the seller’s invoice, review and sign the finance agreement, and Crest Capital pays the dealer, auction or private seller. You make one fixed monthly payment for the term. The full six steps are on the finance process page.
Skid Steer Financing Questions and Answers
What credit score do you need to finance a skid steer?
In closely held companies, a personal credit score of 650 or better for owners of 20% or more is the benchmark. It is read alongside time in business, payment history, comparable borrowing and the skid steer itself, and some companies qualify on the business’s credit alone. Checking your eligibility involves no personal-credit inquiry.
Do you finance used skid steers and track loaders and private-party purchases?
Yes. New and used skid steers and track loaders qualify, from a dealer, an auction or a private seller, and there is no hard cap on equipment age; condition and collateral value are weighed.
Is a down payment required?
Most qualified applicants receive 100% financing with no down payment. Soft costs such as shipping can be included, up to 25% of the loan amount.
What are skid steer financing rates?
Rates are fixed for the full term and quoted per transaction. They depend on your business credit profile, the skid steer and the term, so there is no single number to publish. Check your eligibility online to get started.
How many years can you finance a skid steer?
Terms run from 24 to 84 months: up to 60 months on the application-only track and up to 84 months with a full financial package, with the longest terms reserved for larger transactions with excellent credit.
Can I finance attachments with the skid steer?
Yes. Buckets, forks, augers, grapples, breakers and other attachments can go on the same application as the machine, and one application can cover several pieces of equipment when the total is $10,000 to $500,000.
Skid steer lease or loan: which is better?
Both are available under the same simple application. A Crest Capital lease is a finance lease: a fixed monthly payment for a set term with a purchase option at the end, not a rental. The payment calculator shows the payment either way.
Can I check whether I qualify before I apply?
Yes. Check Your Eligibility Instantly takes about 2 minutes, uses no personal-credit inquiry, and gives you an instant answer.
Skid Steer Financing for Your Business.
Check Your Eligibility Instantly.
About 2 minutesNo personal-credit inquiryInstant answer