Heavy Equipment Financing for All Major Manufacturers

Table of Contents

• Why Now Is the Best Time to Buy New or Used Heavy Equipment
• Manufacturer-by-Manufacturer Heavy Equipment Financing Guide
  • Earthmoving Flagships: Caterpillar, Komatsu, John Deere, and Volvo CE
  • Compact and Mid-Size: JCB, Kubota, Hitachi, Takeuchi, and Yanmar
  • Road, Paving, and Compaction: BOMAG, Gradall, and Paver-Class Machines
  • Lift, Access, and Material Handling: JLG, Manitou, Merlo, and Gehl
  • Forestry, Grinding, and Processing: Vermeer, Sennebogen, and Sandvik
  • Specialty and Regional Brands: Ditch Witch, Terex, Oshkosh, Liebherr, Wacker Neuson, Develon, Hyundai, Kato, Kobelco, LiuGong, Lonking, SDLG, CASE, and New Holland
• Auction Financing Pre Approvals: Bid With Confidence
• Financing for Older Equipment and Trucks With No Age or Mileage Restrictions
• How the Application and Approval Process Works
  • What You Need to Apply
  • Eligibility Basics
  • Structure and Terms
  • Auction and Dealer Timelines
• Heavy Equipment Financing for All Credit Types
• Conclusion
• Frequently Asked Questions

Last Updated: September 29, 2026

Why Now Is the Best Time to Buy New or Used Heavy Equipment

This guide from Always Capital walks through how to fund a machine from every major manufacturer, including the brands that dominate job sites across the country.

Below, the guide breaks down manufacturer-by-manufacturer financing paths, auction pre-approvals, funding for older iron with no age or mileage restrictions, and how the approval process actually runs.

Manufacturer-by-Manufacturer Heavy Equipment Financing Guide

Always Capital finances every major brand, so a mixed fleet does not require a mixed set of lending relationships.

Earthmoving Flagships: Caterpillar, Komatsu, John Deere, and Volvo CE

Always Capital funds excavators, dozers, wheel loaders, and articulated trucks from all four, whether the unit is new, low-hour, or a working-age machine with high hours. Buyers can get pre-approved for heavy equipment financing before ever walking the lot.

Compact and Mid-Size: JCB, Kubota, Hitachi, Takeuchi, and Yanmar

Compact equipment drives a large share of contractor demand. JCB backhoes, Kubota mini excavators, Hitachi excavators, Takeuchi track loaders, and Yanmar machines all fit standard funding programs. Always Capital handles mini excavator financing and excavator financing with the same speed as full-size iron, which matters when a machine is needed on a job that starts next week.

Road, Paving, and Compaction: BOMAG, Gradall, and Paver-Class Machines

BOMAG rollers and compactors, Gradall excavators and material handlers, and paver-class machines from the major paving brands all fit Always Capital’s programs. Paver financing and loader financing are structured around the machine’s working life, not a fixed age cutoff.

Lift, Access, and Material Handling: JLG, Manitou, Merlo, and Gehl

Aerial work platforms and telehandlers are high-utilization assets. JLG lifts, Manitou and Merlo telehandlers, and Gehl compact loaders are all fundable through Always Capital, including units that have already logged heavy hours. Skid steer financing and backhoe financing cover the compact end of this group.

Forestry, Grinding, and Processing: Vermeer, Sennebogen, and Sandvik

Vermeer grinders and trenchers, Sennebogen material handlers, and Sandvik crushers and screens serve niche but high-revenue applications. Always Capital funds this category alongside the rest of the roster.

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Specialty and Regional Brands: Ditch Witch, Terex, Oshkosh, Liebherr, Wacker Neuson, Develon, Hyundai, Kato, Kobelco, LiuGong, Lonking, SDLG, CASE, and New Holland

Ditch Witch trenchers and directional drills, Terex and Oshkosh specialty units, Liebherr cranes and excavators, Wacker Neuson compact equipment, Develon and Hyundai earthmoving machines, Kato and Kobelco excavators, and the LiuGong, Lonking, and SDLG value-tier machines all fall under the same programs. CASE and New Holland round out the roster for buyers running mixed fleets. A single application can cover a mixed order across any of them.

Auction Financing Pre Approvals: Bid With Confidence

Auction financing pre approvals let a buyer walk into a sale with funding already secured, so a winning bid does not collapse at settlement. Always Capital issues pre-approvals before the hammer falls, which removes the scramble that follows a winning bid. The buyer knows the ceiling, the structure, and the timeline before registering.

Here is what a pre-approval covers:

• Confirmed funding amount and structure before bidding
• Fast closing once the auction house confirms the sale
• Coverage for both new and used lots, including high-hour units
• No age or mileage restrictions on the equipment itself
• Soft credit pull only, so the inquiry does not affect a personal credit file

Arriving with a pre-approval in hand turns a competitive sale into a straightforward transaction.

Financing for Older Equipment and Trucks With No Age or Mileage Restrictions

Age and mileage stop most conventional funding applications cold. Always Capital does not apply those cutoffs, which means a 15-year-old dozer or a high-mileage dump truck can still be financed.

Financing for older equipment and trucks covers excavators, backhoes, skid steers, loaders, dozers, tractors, pavers, dump trucks, daycabs, and box trucks. For fleets running Peterbilt, Kenworth, or Mack dump trucks, dump truck financing and roll off truck financing keep working trucks earning instead of parked. Always Capital also funds bull dozer financing and application only equipment financing for buyers who want to skip the paperwork pile.

How the Application and Approval Process Works

Approval runs in hours, not weeks. Always Capital issues decisions in as little as two to four hours, with same day approvals for excavator financing and comparable timelines across other categories.

1. Submit the application with basic business and equipment details.
2. Receive a soft-pull decision, which does not affect a personal credit file.
3. Review the structure, term length, and payment schedule.
4. Sign and take delivery, with deferred payment options available.

What You Need to Apply

For application-only approvals, the file includes basic business information, the equipment details (make, model, year, hours or mileage, and serial number if available), and a completed application. Buyers requesting larger amounts may be asked for additional documentation, such as proof of business existence, a recent bank statement, or a signed purchase order or auction invoice. Having the equipment details ready before applying is the single biggest factor in a fast decision.

Eligibility Basics

Always Capital works with all credit types and accepts every application. There is no minimum score cutoff, and a rough credit file, a young business, or a past setback does not automatically close the door. Businesses under two years old can qualify, and application only equipment financing is available up to $500,000 with no financials required.

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Structure and Terms

Always Capital offers up to 100% financing, terms from 24 to 84 months, and deferred payment plans of 30, 60, or 90 days. Heavy equipment loans and term loans are both available, and financing for older equipment and trucks carries no age or mileage restrictions.

Auction and Dealer Timelines

A pre-approval issued before the sale lets a buyer bid with a known ceiling and close quickly once the auction house confirms the sale. Auction financing pre approvals from Always Capital are issued before the hammer falls, which removes that scramble entirely.

Heavy Equipment Financing for All Credit Types

Credit history does not disqualify a business here. Always Capital works with all credit types and accepts every application. A rough credit file, a young business, or a past setback does not automatically close the door.

• All credit types accepted, no minimum score cutoff
• Soft credit pull only during application
• Funding available for businesses under two years old
• 100% financing options for qualifying applicants
• Coverage for heavy equipment, commercial trucks, and working capital needs

Conclusion

Always Capital provides approvals in as little as two to four hours, up to 100% financing, soft credit pulls only, and coverage for every major manufacturer with no age or mileage restrictions. Get pre-approved for heavy equipment financing and put a machine to work this week.