Heavy Equipment Financing for Earthmoving and Site Contractors
Excavators, dozers, wheel loaders and articulated trucks hold value well, which makes them some of the most financeable assets a contractor owns. We prepare the request and place it with banks, private credit funds and equipment finance providers that understand yellow iron.
Most site and earthmoving contractors use an equipment term loan secured by the machine, commonly 10–20% down with terms of 3–7 years matched to useful life. Late-model used equipment is usually financeable when it has a clear title, hour history and an independent appraisal.
Planning an excavator, dozer or fleet purchase?
Tell us what you need, your timeline, and the context behind your transaction.
- A review of your business and capital needs
- Placement options aligned with your transaction
- A clear conversation about the next steps
Opens a short inquiry form · No obligation
Heavy civil & earthmoving equipment: what lenders generally look for
General market observations used by banks and private credit funds at this size.
| Benchmark | Typical range |
|---|---|
| Typical assets | Excavators, dozers, loaders, articulated trucks, compactors |
| Down payment | Commonly 10–20% of cost |
| Term | Commonly 3–7 years, matched to hours and useful life |
| Used equipment | Often financeable with appraisal and hour records |
| Collateral | The equipment itself, sometimes with a fleet lien |
| Seasonal payments | Some providers offer skip or reduced winter months |
Educational ranges only. Independent capital providers set eligibility, pricing and terms.
Who it fits
- Established site, excavation and earthmoving contractors with two or more years of history
- Fleet expansions supported by billed work and steady revenue
- Late-model used machines with documented hours and service records
- Contractors who want seasonal payment schedules
Outside what we place
- Purchases justified only by work not yet awarded or billed
- Short-term rentals or rent-to-own arrangements
- Businesses without operating history or financial statements
Illustrative example
Hypothetical: a $9M site contractor adds two excavators and an articulated truck totaling $1.4M.
The company puts roughly 15% down and seeks a 60-month term with reduced payments in two winter months.
The provider reviews two years of financials, year-to-date results, the equipment quotes and the existing fleet list. Final terms, if any, are set by the capital provider.
Documents to prepare
- Two years of business tax returns or financial statements
- Year-to-date income statement and balance sheet
- Equipment quotes or invoices, with serial numbers and hours for used units
- Current fleet and debt schedule
- Work-in-progress schedule for billed work
Frequently Asked Questions
Common questions about heavy civil & earthmoving equipment.
Often, yes. Late-model used machines with clear title, documented hours and an appraisal are commonly financed, though terms may be shorter than for new equipment.
Get a confidential placement review
Tell us what you need, your timeline, and the context behind your transaction.
- A review of your business and capital needs
- Placement options aligned with your transaction
- A clear conversation about the next steps
Opens a short inquiry form · No obligation
Tzortzis Capital evaluates and arranges capital placements. Independent capital providers determine eligibility, pricing, documentation and closing timing. Published ranges are indicative, not approvals or commitments.