Excavator finance refers to commercial loans or leases used to purchase excavators for civil, construction, plumbing, landscaping and earthmoving work. Lenders assess excavators differently from smaller tools because of their high value, operating hours and specialised use. Common pathways include Equipment Finance, Low Doc Asset Finance, and Business Loans. Relevant hubs: Tradie Hub, Truckie Hub, and the Truckie Loan Pack for multi-asset gear.

Why Excavator Finance Matters

Excavators are high-value, income-producing assets. The right finance structure can significantly improve cash flow and enable operators to scale their work capacity, especially when paired with other structured solutions like a Business Line of Credit or Working Capital Loans to cover fuel, repairs and payroll.

• Allows operators to secure machinery without large upfront costs
• Flexible loan terms for new and used excavators
• Finance available for brands like CAT, Kubota, Komatsu, Hitachi and Volvo
• Hours, condition and service history affect approval
• Essential for civil contractors, earthmovers and plumbing businesses

If you are comparing funding options across your fleet, it can help to read our insights on low doc equipment loans and low doc truck finance approval tips so your excavator sits cleanly inside your overall asset finance strategy.

How Excavator Finance Works

• Client provides quote or invoice from dealer or private seller
• Lender reviews hours, age, attachments and operating condition
• Loan structured as chattel mortgage, hire purchase or lease
• Terms typically range from 3–7 years
• Low doc options available for strong turnover and clean banking

Some excavators may qualify for instant asset write-off depending on tax policy and your accountant’s advice. Many owners also combine excavator lending with broader low doc equipment strategies to manage other yellow goods and machinery.

Official reference: business.gov.au

Want help structuring your excavator finance inside your wider cashflow and fleet plan? Talk to a broker at Switchboard Finance to map out the right mix of asset and working capital solutions.