Eligibility
What lenders look for
- Canadian registered business
- Machine with a verifiable serial number and reasonable remaining life
- New, used, dealer, auction or private-sale purchases
New or used, any seller · Funding up to $1,000,000 · Approvals can come the same day
Excavator financing built for the construction season
Financing for mini, midi and full-size excavators, new or used, from dealers, auctions or private sellers, for contractors across Canada.
Estimate your paymentExample rate 9%
$1,967/month over 48 months
CBL funds up to $1,000,000
Example only, not a quote. The lease example includes a 10% buyout at the end of the term. Your rate depends on credit, time in business and the equipment.
Continue to applicationThe short answer
Yes. CBL Financial arranges loans and leases for mini, midi and full-size excavators, new or used, from a dealer, an auction or a private seller. It suits excavation, site-prep, utility and forestry contractors, from a single mini-ex to a production machine. Funding goes up to $1,000,000, terms run 24 to 72 months, and approvals can come the same day.
At a glance
CBL Financial is an equipment financing brokerage in Calgary, Alberta, that arranges excavator financing for businesses across Canada. Funding goes up to $1,000,000, terms run 24 to 72 months, and approvals can come the same day for straightforward files.
| What it is | Excavator financing, arranged through a lender network |
|---|---|
| Funding | Up to $1,000,000 |
| Terms | 24 to 72 months |
| Approval time | Same day possible for straightforward files |
| Where | Businesses across Canada, from a head office in Calgary, AB |
| Equipment | Excavators & mini-ex, Skid steers & loaders, Dozers & graders, Compaction equipment, Attachments |
| Sellers | New or used, from a dealer, auction or private seller |
| Rate and down payment | Set by the lender for each file, based on credit, the asset and its age |
An excavator earns hard through the dig season and sits through the frost, so the same flat payment every month of the year works against the way the machine makes money. Where the lender allows it, we set up seasonal skips or step-up payments that follow your invoicing, whether you run one mini-ex on residential work or a full-size machine on site development.
Excavators trade heavily on the used market, and a lot of the value sits at auctions and private sales. Those purchases stall generalist lenders: no dealer invoice, a specific machine with real hours, attachments to account for. We can work on an approval before you bid, verify the machine and its hours, and place the deal with lenders who fund used construction equipment as routine business.
Why CBL
Why finance excavator with CBL
Every size class
From a mini-ex for tight residential lots to a full-size production machine, each excavator is valued on its make, hours and configuration.
Approval before auction day
Talk to us before the sale and we can work on an approval ahead of time, so financing is lined up when the hammer falls.
Seasonal payment structures
Many lenders will reduce or skip payments through the winter on a construction machine. We ask for that structure when your work is seasonal.
Hours and attachments counted
Thumbs, buckets and coupler setups add value. We present the whole machine, hours included, so the valuation reflects what you are buying.
How it works
A straightforward process
- Step 1
Send the machine details
Make, model, year, hours and attachments, from a listing, auction lot or dealer quote.
- Step 2
We verify and place it
We place your file with lenders active in used and new construction equipment. They confirm the value and check for liens.
- Step 3
Funded and on site
The seller or auction house is paid directly. Approvals can come the same day on straightforward files.
Start your application
Ready when you are
Apply in one sitting. Approvals can come the same day. Questions? Call 877-522-2498.
Start your application