Kensley Company arranges financing for construction equipment through a network of independent equipment finance lenders. We work with general contractors, specialty trade contractors, equipment rental operators, and construction services businesses financing heavy machinery, lifts, attachments, and supporting equipment.
Construction equipment carries strong residual value, well-established secondary markets, and lender networks experienced with both new and used equipment. Financing is available across single-unit purchases, fleet expansions, and specialty equipment additions.
What We Finance
Through our lender network, we arrange financing for:
- Earth-moving equipment — excavators (mini, midi, full-size), backhoes, bulldozers, motor graders, scrapers
- Loaders — wheel loaders, track loaders, skid steers, compact track loaders, telehandlers
- Lifts and aerial work platforms — boom lifts, scissor lifts, vertical mast lifts, articulating booms
- Compact equipment — mini excavators, compact loaders, compact utility loaders
- Cranes — boom truck cranes, all-terrain cranes, rough-terrain cranes, tower cranes
- Concrete equipment — concrete pumps, mixers, screeds, finishing equipment, formwork
- Paving and compaction — pavers, rollers, milling machines, compactors
- Generators and power — portable generators, light towers, distribution panels
- Specialty attachments — buckets, augers, breakers, mulchers, grapples, snow plows, sweepers
- Construction trucks — dump trucks, mixer trucks, water trucks, vacuum trucks (also see Trucking page)
- Trailers — equipment trailers, lowboy trailers, dump trailers, gooseneck trailers
- Support equipment — air compressors, welders, pumps, tools and toolboxes
We arrange financing for both new and used equipment, including auction purchases and dealer-direct transactions.
Typical Financing Structures
Construction equipment is typically financed through:
- Equipment Finance Agreement (EFA). The most common structure for construction equipment, given the long useful life and the contractor’s preference for ownership.
- $1 Buyout Lease. Functionally equivalent to an EFA with lease accounting treatment.
- Operating Lease and FMV Lease. Used by rental operators and contractors who want lower monthly payments or end-of-term flexibility. Particularly useful for equipment that may be replaced before reaching the end of its useful life.
- Seasonal payment structures. Some lenders offer skip-payment or step-payment structures aligned with seasonal cash flow, particularly for contractors in regions with weather-driven business cycles.
Terms typically range from 36 to 72 months. Larger equipment such as full-size excavators, dozers, and cranes is often financed over 60–84 months to align payments with the equipment’s revenue-generating profile.
Equipment cost range for our typical construction transactions is $25,000 to $500,000+ per unit. Multi-unit transactions and fleet expansions are routinely structured through our lender network.
Used equipment is commonly financed, but lender appetite varies based on age, hours, and condition. Equipment older than 10–15 years or with very high hours may face stricter underwriting or shorter terms.
Construction Segments We Serve
- General contractors — site work, building construction, commercial and residential
- Specialty trade contractors — concrete, paving, excavation, roofing, electrical, plumbing, HVAC, framing
- Heavy civil contractors — highway, bridge, infrastructure, utility, pipeline
- Equipment rental operators — businesses renting equipment to other contractors
- Site preparation contractors — earthwork, grading, demolition, land clearing
- Specialty construction — crane operators, scaffolding, demolition, marine construction
- Landscape and outdoor contractors — landscape installation, hardscape, snow removal, tree services
- Mining and aggregate operators — quarry equipment, material handling
- Renewable energy installers — solar farm and wind farm site preparation
- Disaster response and restoration contractors
Application Process
- Submit a short application at kensleycompany.com/apply.
- We match your application to the lender most likely to approve it based on equipment, contractor profile, and equipment age.
- The lender reviews and issues a decision, typically within 1–3 business days.
- If you accept, you sign the financing agreement directly with the lender.
- The lender funds the equipment vendor, and you take delivery.
Documentation typically requested by construction lenders includes:
- 3–6 months of business bank statements
- A copy of the equipment quote, invoice, or auction documentation
- Equipment inspection or condition report (for used equipment)
- Contractor license or trade documentation (varies by lender and state)
- Job pipeline or contract documentation (for larger transactions)