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First Capital Business Finance




Your bulldozers, excavators, and loaders do more than move dirt. If you own them, they hold real value, and that value can be put to work for your business. First Capital Business Finance offers heavy equipment asset- and collateral-based loans that let you borrow against the equipment you already own, so you can access working capital without selling a single machine.
An asset-based loan is secured by something your business owns. With a heavy equipment collateral loan, that asset is your construction or heavy equipment. You pledge one or more machines as collateral, and the loan amount is based on the wholesale value of that equipment rather than on your credit score alone.
Because the loan is backed by a hard asset, approval focuses on what the equipment is worth and whether you own it. That makes this a strong option for owners who have built up equity in their fleet but may not fit the strict credit requirements of a traditional bank loan.
Funding ranges from $20,000 to $2,000,000, depending on the wholesale value of the equipment you pledge.
Terms run from 12 to 60 months with fixed monthly payments. There are no daily or weekly payments and no merchant statements required. That is a major difference from merchant cash advances and other short-term products that pull money from your account every day.
There are no restrictions on how you use the money. Common uses include:
To qualify for a heavy equipment asset- and collateral-based loan, you will need:
Not sure if your equipment meets the requirements?
Predictable monthly payments over 12 to 60 months make it easier to plan cash flow around job schedules and progress payments.
Approval is driven by your equipment, not your credit score. Past bankruptcy, repossession, or foreclosure does not automatically disqualify you.
Paid-off machines sitting on your books represent cash you can access. A collateral loan converts that equity into working capital while the equipment stays in your business.
Instead of turning down work or waiting on receivables, you can fund the next job, cover payroll, or bid on larger contracts with confidence.
Most heavy equipment with a minimum auction value of $20,000 can be used as collateral, including:
If your equipment does not meet the requirements, you still have options. Real estate you own can be used as collateral instead of equipment, or you can explore our working capital business loans and business loans for bad credit.
Same Day Loan Approval
Getting the loan you need is simple. Contact us & you can get prequalified for your loan on the same day!
Step 1
Reach out to us via phone or the contact form on this website.
Step 2
We'll contact you to get the information we need to process your loan.
Step 3
You'll receive a decision on your loan shortly (typically the same day).
Testimonials
What Our Customers Say
Borrowing against equipment you own is different from financing new equipment. If you need to add machines to your fleet, a general rule is that buying or lease-to-own makes more sense for equipment you use about 60% of the time or more. Leasing can be a better fit for equipment you only need occasionally or for a specific project.
At First Capital Business Finance, we specialize in offering a range of financial solutions tailored to the construction industry. Whether you’re a contractor, excavation specialist, or road construction company, we’re your trusted partner for success. Our services encompass:
Count on us to support your construction business and help you achieve your goals.
Ready to Harness the Power of Your Construction Equipment? Seize the Opportunity with First Capital’s Loans Against Construction Equipment. Apply Now to Experience a Financing Solution that Recognizes the Value of Your Assets and Is Dedicated to Empowering Your Construction Business. Your Journey to Financial Flexibility Begins Here with First Capital.
Same Day Loan Approval