BUSINESS FINANCE / Finance For Excavators and Earthmoving Equipment
Finance For Excavators and Earthmoving Equipment
Excavators and earthmoving equipment finance. Trusted provider for over 35 years across Australia and New Zealand.
Excavating and earthmoving equipment finance
Equipment finance for all your needs
Whether you operate in the civil construction industry, mining sector or other industry requiring reliable and quality equipment, our earthmover and excavator finance solutions will ensure you’re able to keep up with demand, operations and growth.
As your business becomes limited by your current equipment or it wears out, you might seek to purchase new or even used earthmoving equipment like excavators, loaders and Bobcats. Many small and medium sized companies don’t have access to the required capital to invest in new machinery and vehicles.
Often, the need for and availability of excavators and other earthmoving equipment is time sensitive. ScotPac, Australia and New Zealands’ largest non-bank lending provider, understands your challenges and can help you where many others can’t.
The lending specialists at ScotPac provide flexible, tailored and fast earthmover and excavator finance solutions for businesses of all sizes.
We know that each individual business is different and requires different types and amounts of funding. We customise our solutions to suit the needs of our clients with flexible terms of up to 5 years and funding approval times of as little as 24 hours. If you’ve found it difficult in the past to obtain capital loans from banks or other financial institutions, make sure to speak to us today about how we can find a way to say ‘yes’.
How ScotPac can help
Paving the way for business growth
Earthmoving equipment, like excavators, are an essential part of many projects, both big and small. These projects keep our country moving and building towards the future, and play a vital role in developing and sustaining our critical industries such as civil and construction.
Earthmovers cover a range of vehicles and machinery such as:
- Skid steer loaders
- And more
Due to the nature of industries that utilise these machines, excavators and other earthmoving equipment can be subject to a lot of exposure and wear and tear. For those reasons, as well as the critical roles they play in the success of projects, having the right access to excavator finance can be absolutely essential for continued operations.
Any business that engages in large-scale or significant earth movement or manipulation would require important assets like excavators. That’s where ScotPac can help.
Whether you’re a small or larger organisation, and regardless of how complex your business or operations are, we can help you find the quick, reliable and seamless financial solutions for your machinery and equipment requirements today.
ScotPac - Your earthmoving equipment finance provider
How do you find the right provider or earthmover and excavator finance? Here are some of the considerations to take into account in addition to just the interest rate on offer.
Loan Approval Rate and Speed
Thanks to our experience providing flexible financial solutions, we’re able to provide working capital solutions even to businesses who have struggled to obtain approval in the past. Moreover, we also can ensure approval in as little as 24 hours helping your business purchase the equipment it needs as soon as possible.
Different lenders may offer different amounts of funding. Here at ScotPac, our flexible solutions can fund up to 100% of the total cost of your earthmoving and excavating machinery.
Your working capital solutions need to be tailored and accessible. Our team leverages tech-enabled experiences to ensure all clients enjoy faster loan application times as well as easier and more direct access to the working capital they need
Earthmover and Excavator Finance Questions Answered
Do businesses need financials to apply?
Traditional lending institutions, such as banks, have strict and varied criteria when applying for business loans. Our tailored solutions are more flexible and need far less compliance than the normal financials required of traditional providers.
Can businesses finance used excavators and earthmovers?
Yes! Whether you’re looking to purchase new equipment, upgrade your existing assets or buy used machinery, our finance solutions will provide you with the working capital you need. In fact, ScotPac regularly fund older used assets, such as earthmoving equipment, as long as the loan’s end-of term is paid off by the time the asset is 20 years old.
What will the interest rate be?
Interest rates with earthmover and excavator finance can be affected by various factors including loan terms, funding amount, and other particular aspects of a business’s financial requirements. There are also macro-economic and wider-spread market conditions that can impact rates
Can only earthmoving machinery be financed or other equipment too?
ScotPac provides small-to-medium sized enterprises with comprehensive and tailored financial solutions for purchasing assets and equipment of all kinds. Think of our capital loans as the business fuel to take your company to the next level. To find out more about what sort of finance solution is right for you, make sure to reach out to your local ScotPac office and lending specialists.
What are our customers saying about us?
ScotPac have assisted a number of our clients in time critical situations and are highly experienced cash flow lenders.
We think of ScotPac more than just a Financial Services provider, they care enough to know our business and as such we are more like partners
It’s growth funding that gets us the best from our working capital, which covers materials, wages and other costs while we wait to be paid for our goods.
ScotPac offers a wide range of business and commercial finance solutions that help you get the funding you need. Choose the right financing solution for your business.
Our Invoice Finance solution allows you to access the cash in your unpaid invoices
- LINE OF CREDIT WITH NO NEED FOR PROPERTY SECURITY
- UNLOCK THE VALUE IN YOUR INVOICES
- FACILITIES FROM $10K TO $150M
Asset Finance helps by financing new and pre-owned equipment.
- FUNDING AVAILABLE IN AS LITTLE AS 24 HOURS
- FUND NEW AND PRE-OWNED ASSETS
- FUNDING FOR IMPORTED EQUIPMENT
Trade Finance provides a cash flow injection to help manage the import or export of goods
- PAY OVERSEAS AND DOMESTIC SUPPLIERS
- INCREASE STOCK LEVELS AND EXTEND PAYMENT TERMS
- SELL TO OVERSEAS CUSTOMERS