RiseUp

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Heavy Equipment Financing Solutions

Construction Equipment Finance

Power Your Projects

Fuel your construction ambitions with our specialized equipment financing solutions. From excavators to cranes, bulldozers to loaders – we provide the capital you need to acquire, maintain, and upgrade your heavy machinery fleet.

Construction Equipment

Heavy Machinery

Excavators, bulldozers, loaders

Cranes & Lifts

Tower cranes, mobile cranes

Road Equipment

Road rollers, pavers, mixers

Specialized Tools

Generators, compressors, welding

Understanding CEF

What is Construction Equipment Finance?

Comprehensive financing solutions designed specifically for construction equipment and machinery

Construction Equipment Finance (CEF) is a specialized form of asset-based financing that enables construction companies, contractors, and equipment owners to acquire, lease, or refinance heavy machinery and equipment. Unlike traditional loans, CEF is secured against the equipment itself, offering competitive rates and flexible terms.

Our CEF solutions are tailored to meet the unique needs of the construction industry, providing funding for new equipment purchases, used equipment acquisition, equipment refinancing, and even equipment leasing options. We work with all major equipment manufacturers and dealers across India.

₹50 Cr+
Equipment Financed
500+
Equipment Types
98%
Approval Rate

Equipment We Finance

Comprehensive coverage for all your construction equipment needs

Earth Moving Equipment

  • Excavators (Mini, Midi, Large)
  • Bulldozers & Crawlers
  • Wheel Loaders
  • Backhoe Loaders
  • Motor Graders

Material Handling

  • Tower Cranes
  • Mobile Cranes
  • Forklifts
  • Telescopic Handlers
  • Reach Stackers

Road Construction

  • Asphalt Pavers
  • Road Rollers
  • Concrete Mixers
  • Concrete Pumps
  • Soil Compactors

Support Equipment

  • Generators
  • Air Compressors
  • Welding Machines
  • Light Towers
  • Water Pumps

Transportation

  • Dump Trucks
  • Tippers
  • Transit Mixers
  • Low Bed Trailers
  • Tankers

Demolition & Mining

  • Demolition Robots
  • Rock Breakers
  • Drilling Rigs
  • Screening Plants
  • Crushers

Why Choose Our CEF Solutions?

Unlock the advantages of specialized construction equipment financing

Competitive Rates

Access to the best interest rates through our extensive bank network. Rates starting from 8.5% p.a. with flexible EMI options.

Quick Processing

Fast-track approvals within 48-72 hours for pre-qualified customers. Streamlined documentation and online application process.

Asset Security

Equipment serves as collateral, reducing risk for lenders and enabling better rates for borrowers. Comprehensive insurance coverage included.

Vendor Tie-ups

Direct partnerships with leading equipment manufacturers like Caterpillar, JCB, Volvo, and Tata Hitachi for seamless financing.

Flexible Tenure

Loan tenures from 12 months to 84 months based on equipment type and usage. Balloon payment options available for working capital optimization.

Used Equipment

Financing available for pre-owned equipment up to 7 years old. Competitive valuation and financing up to 80% of equipment value.

Refinancing

Refinance existing equipment loans at lower rates. Balance transfer options to consolidate multiple equipment loans.

Maintenance Support

Optional maintenance packages and extended warranty financing. Emergency repair funding for equipment breakdowns.

Eligibility Criteria

Who can apply for Construction Equipment Finance?

Business Eligibility

Construction companies and contractors
Infrastructure developers
Mining and quarrying businesses
Real estate developers
Equipment rental companies
Individual equipment owners

Financial Requirements

Minimum annual turnover: ₹50 lakhs
Business vintage: 3+ years
Credit score: 650+ (preferred)
Debt-to-equity ratio: Below 2:1
Profitability: Positive for last 2 years

Equipment Criteria

Heavy machinery and construction equipment
Earth moving and material handling equipment
Specialized construction machinery
New or used equipment (up to 7 years old)
Equipment value: ₹5 lakhs to ₹5 crores

Documentation Required

Business Documents

  • Business registration certificate
  • GST registration
  • Partnership deed/MOA
  • Business address proof

Financial Documents

  • Financial statements (2-3 years)
  • Profit & Loss account
  • Balance sheet
  • Tax returns (ITR)

KYC Documents

  • PAN card of business
  • Aadhaar/PAN of directors
  • Passport size photographs
  • Address proof

Equipment Documents

  • Equipment quotation/proforma
  • Technical specifications
  • Vendor details
  • Project details (if applicable)

Additional Requirements

Self-employed individuals must have minimum 3 years of business experience. Companies must be registered and have valid business licenses. Equipment must be purchased from authorized dealers.

Pro Tip

Higher credit scores and stronger financials can help you get better interest rates and higher loan amounts. Prepare all documents in advance for faster processing.

How to Apply

Simple 4-step process to get your equipment financing approved

1

Initial Consultation

Contact our equipment finance specialists to discuss your requirements. We'll assess your needs and recommend the best financing solution.

1-2 Days
2

Documentation & Verification

Submit required documents and equipment details. Our team will verify your eligibility and prepare the loan application.

3-5 Days
3

Equipment Inspection & Valuation

Technical inspection of equipment (for used machinery) and valuation assessment to determine loan-to-value ratio.

2-3 Days
4

Approval & Disbursement

Final approval from bank partners and fund disbursement. Equipment delivery and registration completion.

5-7 Days

Success Stories

Real construction businesses that grew with our equipment financing

Road Construction Company

Mumbai, Maharashtra

"RiseUP financed our entire fleet of road construction equipment including pavers, rollers, and mixers. The financing helped us secure a major highway project worth ₹50 crores."

₹2.5 Cr Equipment Financed
15 Equipment Units

Infrastructure Developer

Delhi NCR

"The flexible tenure and competitive rates allowed us to acquire high-end excavators and cranes for our metro rail project. Excellent service throughout the process."

₹8 Cr Equipment Financed
25 Equipment Units

Equipment Rental Business

Bangalore, Karnataka

"RiseUP's used equipment financing helped us expand our rental fleet. We financed 20+ units of construction machinery, significantly growing our business."

₹1.2 Cr Equipment Financed
22 Equipment Units

Construction Equipment Finance EMI Calculator

Calculate your monthly EMI and plan your construction equipment finance repayment schedule

Monthly EMI

₹0
Total Amount Payable: ₹0
Total Interest: ₹0

Frequently Asked Questions

Common questions about construction equipment financing

What is the maximum loan amount for equipment financing?

Loan amounts range from ₹5 lakhs to ₹10 crores depending on the equipment type, your business profile, and repayment capacity. Higher amounts are available for large construction projects.

Can I finance used construction equipment?

Yes, we finance pre-owned equipment up to 7 years old. The loan amount is typically 70-80% of the equipment's market value, subject to technical inspection and valuation.

What are the interest rates for equipment loans?

Rates start from 8.5% p.a. and vary based on equipment type, loan amount, tenure, and your credit profile. New equipment financing generally offers better rates than used equipment.

Is there a minimum business vintage required?

Most banks require 2-3 years of business vintage, but we have options for newer businesses with strong project contracts or equipment rental agreements.

Can I prepay my equipment loan?

Yes, most equipment loans allow prepayment after 12-24 months with applicable prepayment charges. Early prepayment can help save on interest costs.

What happens if I default on the loan?

The equipment serves as collateral. In case of default, the bank may repossess the equipment. We recommend maintaining regular payments to avoid such situations.

Ready to Power Your Construction Projects?

Get the equipment financing you need to take your construction business to the next level. Our experts are here to help you choose the right financing solution for your equipment needs.

Expert Equipment Guidance
Fast Equipment Approval
Competitive Equipment Rates