Excavator finance for your business
Most construction businesses finance an excavator over 48 to 60 months. What you pay each week depends on the machine, its price, the term you choose, whether it's new or used, and how long you've been trading. Excavators range from compact machines to large diggers, so the weekly figure varies a lot from one to the next. That's why a real indicative figure for your exact machine, which takes about two minutes, is worth more than any single range on a page.
Why finance rather than pay cash
A machine like this ties up a lot of capital, money the business needs for materials, wages and the gaps between progress payments. Financing spreads the cost over the years the excavator is actually earning on site, and keeps your working capital free for running the job.
What changes your repayments
Four things, mostly: the machine and its price, the term you choose, whether it's new or used, and how long the business has been going. A longer term lowers the weekly figure but costs a little more overall. There's no single right answer, which is why a figure for your exact machine is more useful than a generic rate.
New or used, does it matter?
You can finance either. A used machine in good order is financed much the same way as new, and the indicative figure simply reflects the machine and the term. If you're buying at auction or privately, tell us early, it changes a few things on the paperwork, not the basics.
Which lender do I go to?
You don't. You don't approach a lender yourself. Someone from our team compares lenders for you and arranges the finance, usually on better terms than going direct. You tell us about the machine and the business, and we sort the rest.
Common questions
How long can I finance an excavator?
48 to 60 months is typical, though the term is yours to choose.
Can I finance a used machine?
Yes. New or used, the indicative figure reflects the machine and the term.
Do I need to find a lender myself?
No. We compare lenders and arrange it for you, so you deal with one contact, not a panel of them.
What if I'm buying at auction?
That's fine, just tell us early so we set the finance up the right way.
Ecolease arranges your finance. This quote is indicative, and any offer is subject to credit assessment and the lender's approval.
See your indicative figure for an excavator
A real indicative figure in under two minutes. Someone from our team takes it from there.
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