Excavator Finance

Finance your Excavator

Excavators are one of the most versatile and valuable assets a construction or plant hire business can own. However, due to the high purchase cost, securing the right finance deal for a new or used excavator is just as important as choosing the right machine.

Whether you need a compact mini excavator for tight urban sites or a large, tracked machine for heavy civil engineering work, our dedicated construction finance team can help you find a funding structure that fits your cashflow and your operation.

We work with a wide panel of lenders experienced in construction equipment finance, and can arrange hire purchase, finance lease, or refinance on both new and used excavators. If you run a plant hire business, we understand your seasonal patterns and the need to move quickly when the right machine becomes available.

We can also arrange finance for other construction assets, including cranes and bulldozers.

What is Excavator Finance? 

An excavator is a primary piece of construction equipment. Whether it’s a crawler, backhoe or suction excavator, or purchasing a new or used excavator, we can offer flexible financial solutions. 

UK Business Finance can arrange a finance facility for the purchase of a new or used excavator, structure a refinance agreement, as well as provide you with flexible seasonal payments options. 

Each product operates differently in terms of ownership, deposit requirements, and repayment structure, so businesses can identify the arrangement that aligns best with their needs.

Benefits of Excavator Finance 

Cash flow management: Using finance to purchase a new or used excavator, rather than buying it outright, can deliver cash flow benefits for construction businesses. Instead of committing to a large upfront payment, finance solutions allow the cost to be spread across a series of fixed monthly repayments. This means working capital is preserved and remains available for the day-to-day running of the business. 

Raise capital through refinancing: Asset refinance provides construction businesses with a good way to unlock cash from equipment they already own. The asset is sold to the funder and leased back, with the business receiving a substantial percentage of its value. The business retains full operational use of the asset throughout the agreement, and ownership resumes once all repayments have been made. 

Straightforward budgeting: Finance agreements come with fixed monthly repayment amounts, making it easier to plan and manage outgoings in advance. Because repayment dates and amounts are agreed at the outset, businesses can set aside the necessary capital each month without encountering unexpected costs. 

Upgrading equipment: Excavator finance gives construction businesses a structured and accessible route to acquiring newer, more capable machinery. With the cost spread across manageable repayments, businesses can invest in equipment that improves efficiency, reliability, and operations.  

Finance tailored to your circumstances: Repayment terms can be structured to align with the specific financial requirements of the business. This allows construction businesses to select a repayment period and monthly amount that reflects their income patterns and outgoings, ensuring the agreement remains sustainable throughout its term. 

Apply for Excavator Finance 

UK Business Finance is a commercial finance broker with access to a comprehensive panel of lenders, allowing us to source a tailored funding solution that reflects the specific operational needs of your business. 

Here is how we can help: 

• Receive a quote in 60 seconds  
• Our extensive lender network means more options for your business 
• We take care of preparing and submitting your application directly to the funder 
• A knowledgeable team with hands-on experience in excavator finance, ready to guide you through every step 

For more information on excavator finance, please contact our specialist finance team. 

Secure your free quote today!

Our team of finance experts can provide industry-leading advice on finance options to suit a range of different scenarios. Call the team on 0808 301 0624 or Contact Us