Construction Equipment Financing: What to Know Before You Build

The Right Equipment at the Right Time—Or the Project Slips

In construction, timing is everything. You can have a solid crew and a winning bid, but if you don’t have access to the right machines when the project starts, your schedule—and profitability—can fall apart fast.

That’s where construction equipment financing plays a critical role.

Instead of tying up capital or delaying progress while waiting for funds, financing gives you access to essential machinery with minimal upfront investment, so you can mobilize, scale, and stay ahead of your build schedule.

At FPG, we help contractors, builders, and developers finance the equipment they need without cutting into their cash reserves or stretching credit lines thin. It’s all about making it easier to build smart and grow fast.

What Is Construction Equipment Financing?

Construction equipment financing refers to structured loans or financing agreements used to acquire new or used machinery. These financing plans are designed specifically for contractors and builders who need reliable access to equipment like:

• Excavators
  
  
• Skid steers
  
  
• Dump trucks
  
  
• Mixers
  
  
• Lifts
  
  
• Compactors
  
  
• Generators
  
  
• Drills and more
  
  

With FPG, financing can also include delivery, setup, and insurance, giving you a complete solution that covers the full cost of deployment, not just the sticker price.

Whether you're expanding your fleet or upgrading aging machines, the goal is simple: get what you need now, pay over time, and protect your working capital.

What Equipment Can Be Financed for Construction Projects?

Just about any machine that contributes to a construction project is eligible.

Commonly Financed Equipment:

• Excavators and Backhoes
  
  
• Skid Steers and Loaders
  
  
• Bulldozers and Graders
  
  
• Cranes and Boom Lifts
  
  
• Concrete Mixers and Pavers
  
  
• Dump Trucks and Flatbeds
  
  
• Air Compressors, Generators, Drills
  
  

FPG can also finance multiple pieces of equipment under a single structure—ideal for contractors mobilizing several jobs at once or building out new divisions.

Benefits of Construction Equipment Financing

Why finance instead of buy outright?

Because financing helps you move fast without cash strain. Here’s what it unlocks:

• Preserve Capital
  Keep cash available for labor, permits, change orders, and materials
  
  
• Start Sooner
  Avoid delays caused by waiting to free up funds
  
  
• Bid Bigger
  Access better or more specialized machinery to take on complex jobs
  
  
• Predictable Payments
  Fixed monthly structures make budgeting easier across the life of a project
  
  
• Tax Advantages
  Equipment may qualify for Section 179 deductions or depreciation benefits, even if financed
  
  

Construction Financing Options That Fit Your Workflow

At FPG, we offer multiple structures to match how your business operates and when you get paid.

Flexible Financing Options:

• Equipment Loans
  Fixed or variable terms (typically 12–72 months), with full ownership
  
  
• Deferred Payment Plans
  Ramp up before the project pays out—start paying once cash is flowing
  
  
• Project-Based Terms
  Ideal for contractors with defined build windows or temporary machinery needs
  
  
• Bundled Financing
  Cover multiple assets or services (transport, installation, warranties) in one plan
  
  

Note: We do not use leasing structures. All financing plans lead to full equipment ownership.

How to Qualify for Construction Equipment Financing

It’s more straightforward than you might think, especially with the right preparation.

Here’s what most lenders (including FPG) look for:

✅ Time in Business
At least 12 months preferred; startups may need a cosigner or strong contracts

✅ Credit Profile
A good business or personal credit score helps (but not the only factor)

✅ Equipment Quote or Invoice
From your preferred vendor or supplier

✅ Revenue Documentation
Recent bank statements or awarded project contracts

✅ Down Payment
Sometimes required, but we offer $0 down options for qualified applicants

Pro Tip: Prequalify Before You Bid

Many contractors wait to secure financing until after they win a job. That can cause unnecessary delays.

Prequalifying early gives you a serious edge:

• Know what you can finance before you quote
  
  
• Add credibility to your bid package
  
  
• Lock in access to equipment for fast deployment
  
  

At FPG, we offer fast prequalification with no obligation and no impact on your credit, so you can bid confidently and build on your own terms.

Build Smarter. Scale Faster.

Construction equipment financing isn’t just about cost control—it’s about operational speed and strategic growth.

With the right financing partner, you can expand your fleet, keep projects moving, and protect your cash flow—all while setting your business up to compete for larger, more complex builds.

Get Prequalified in 24 Hours

📞 Call (603) 696-7076 to speak with a construction financing advisor

Let’s make it easier to build—and grow.