$25K – $2M Available

Heavy Equipment Financing 2026: Fund Your Fleet in 24 Hours

Excavators. Cranes. Bulldozers. Skid steers. Finance the equipment that drives your business — approved in as little as 4 hours, terms up to 60 months.

No obligation  |  Soft credit pull  |  Decision in 24 hours

$2M
Max financing
24hr
Approval time
60mo
Max term
550+
Credit score
4.8/5 Stars BBB Accredited 10,000+ Businesses Funded 4–24 Hour Approvals
Reviewed by MFE Funding Team | Updated March 2026 | About Our Editorial Process

TL;DR — Quick Answer

Heavy equipment financing through Merchant Fund Express lets construction, excavation, and industrial businesses finance excavators, cranes, bulldozers, skid steers, and more from $25,000 to $2,000,000. Terms run 24–60 months. Approvals in 4–24 hours with just 3 months of bank statements. Credit scores from 550 accepted. The equipment serves as collateral, making it easier to qualify than unsecured loans. Section 179 deduction may apply. Call (305) 384-8391 or apply online to get a quote today.

What Is Heavy Equipment Financing?

Heavy equipment financing is a secured loan or lease that lets businesses acquire excavators, cranes, bulldozers, skid steers, forklifts, and other capital-intensive machinery by spreading the cost over monthly payments. The equipment itself acts as collateral, which means lower rates and easier approval compared to unsecured business loans.

Unlike working capital loans (which are based on cash flow), equipment financing is asset-backed. This benefits buyers in two key ways: you can qualify with lower credit scores, and the lender bears less risk, which translates to better terms for you.

Merchant Fund Express works with construction companies, excavation contractors, landscapers, manufacturers, and logistics businesses to get equipment funded fast — often the same business day for amounts under $150,000.

Equipment We Finance

  • Excavators ($50K–$500K)
  • Cranes & Lifting Equipment
  • Bulldozers & Graders
  • Skid Steer Loaders
  • Backhoes
  • Dump Trucks & Haul Trucks
  • Forklifts & Telehandlers
  • Compactors & Rollers
  • Aerial Work Platforms
  • Pavers & Milling Machines
  • Drilling Equipment
  • Concrete Mixers & Pumps
  • Agricultural Equipment
  • Mining Equipment
  • Industrial Machinery

Real Payment Examples

Estimated monthly payments based on typical financing rates

Skid Steer
$65,000 financed
$1,250/mo
60 months
Excavator
$200,000 financed
$4,100/mo
60 months
Crane
$500,000 financed
$9,800/mo
60 months
Bulldozer
$350,000 financed
$6,700/mo
60 months

*Estimates based on representative rates. Actual payments depend on creditworthiness, term, and equipment type.

Quick Payment Estimator

Section 179 Tax Deduction for Heavy Equipment

One of the biggest advantages of financing heavy equipment is the Section 179 deduction. Under IRS Section 179, businesses can deduct the full purchase price of qualifying equipment in the year it was placed in service — even if it was financed.

For 2024, the Section 179 deduction limit is $1,160,000 with a phase-out threshold of $2,890,000. This means a construction company that finances a $200,000 excavator could deduct the full $200,000 in Year 1 rather than depreciating it over 5–7 years.

  • Equipment must be used for business more than 50% of the time
  • Both new and used equipment qualifies
  • Bonus depreciation (60% in 2024) may also apply
  • Consult your CPA or tax advisor for your specific situation
Apply & Save on Taxes

Section 179 Example: $200K Excavator

Equipment Cost$200,000
Section 179 Deduction-$200,000
Tax Savings (28% bracket)$56,000
Net Equipment Cost After Tax$144,000
Monthly Payment (60mo)~$4,100/mo

*Illustrative only. Consult your tax advisor.

Heavy Equipment Financing vs. Other Options

Feature MFE Equipment Financing Bank Loan Equipment Lease MCA
Funding Speed4–24 hours2–8 weeks3–7 daysSame day
Amount Range$25K–$2M$50K–$5M$10K–$1M$5K–$500K
Terms24–60 months24–84 months12–60 months3–18 months
Credit Score Min550680+600+500+
OwnershipYou own itYou own itLessor ownsN/A
Section 179 EligiblePartial
Down Payment10–20%15–25%0–10%None
DocumentationMinimalExtensiveModerateMinimal

How to Qualify for Heavy Equipment Financing

You Likely Qualify If:

  • In business for 6+ months
  • Monthly revenue of $15,000+
  • Credit score 550 or higher
  • Business bank account with consistent deposits
  • Equipment will be used for business purposes
  • No recent bankruptcies (within 2 years)

Documents Needed:

  • 3 months of business bank statements
  • Government-issued photo ID
  • Basic business information (EIN, address)
  • Equipment invoice or quote (for amounts over $100K)
  • 2 years of tax returns (for amounts over $250K)
  • Equipment appraisal (for used equipment over $250K)
Start Your Application

Takes 5 minutes. Soft credit pull only.

Industries We Serve


Construction

Agriculture

Manufacturing

Logistics & Hauling

Mining

Landscaping

Waste Management

Paving & Excavation

Frequently Asked Questions

What types of heavy equipment can be financed?

Merchant Fund Express finances excavators, cranes, bulldozers, skid steers, forklifts, backhoes, dump trucks, compactors, aerial work platforms, and most construction/industrial equipment from $25K to $2M.

What credit score do I need for heavy equipment financing?

We work with credit scores as low as 550. Revenue and cash flow matter more than credit score. Businesses with $15K+/month in revenue often qualify even with challenged credit.

How long does approval take?

Most approvals come back within 4–24 hours. Same-day approval is available for amounts under $150K with 3 months of bank statements.

Can I finance used heavy equipment?

Yes. We finance both new and used heavy equipment. Used equipment must typically be under 15 years old and in working condition. An appraisal may be required for units over $250K.

Do I need a down payment?

Down payments are typically 10–20% for conventional equipment financing. Some revenue-based options require no down payment but have higher factor rates.

Is heavy equipment financing different from a regular business loan?

Yes. Equipment financing is secured by the equipment itself, which means lower rates and easier approval than unsecured business loans. The equipment acts as collateral, reducing lender risk.

Explore More Financing Options

Ready to Finance Your Heavy Equipment?

Get approved in 24 hours. $25,000 to $2,000,000 available. Terms up to 60 months.

Apply in 5 Minutes (305) 384-8391

No obligation • Soft credit pull • BBB Accredited Lender

Why Choose Merchant Fund Express

Expertise: Our team includes certified funding specialists with years of experience helping businesses access capital.

Trust & Transparency: We're committed to transparent lending practices with no hidden fees or surprise terms.

Fast Approvals: Our streamlined process provides decisions within 24 hours in most cases.

Flexible Solutions: We work with you to customize funding solutions that match your specific business needs and cash flow.