Construction Equipment Financing - 1st Source

Construction expertise

Financing starts with understanding the job

The equipment you choose has to fit the work your business takes on. Our construction finance specialists take time to understand the equipment, how you plan to use it, and what you need the financing to accomplish.

You work with people who know heavy equipment and the construction marketplace. We can help with one machine, a larger equipment package, or ongoing construction equipment needs.

Our team works with contractors, dealers, and rental businesses across a range of construction specialties.

construction-finance-jobsite-meeting

Who we work with

Experience across construction specialties

Heavy construction

Site work, excavation, highway, street, bridge, water, sewer, and utility contractors.

Commercial contractors

Commercial building contractors and businesses specializing in steel, concrete, and related work.

Dealers and rental businesses

Construction equipment dealers and rental companies financing rental equipment fleet needs.

Financing options

Ways we finance construction equipment

Construction equipment loans

Finance qualifying new or used equipment with a term loan. Options are available for one machine or a larger equipment package.

Equipment leases

Capital and operating lease options are available based on the equipment, how you plan to use it, and your financing needs.

Equipment-secured lines

Use a revolving line of credit secured by construction equipment to access funds as needed, then repay and reuse available credit under the terms of the line.

Rental equipment fleet financing

Finance equipment for an existing or expanding rental equipment fleet with a structure based on the equipment and transaction.

Equipment we finance

Financing for the equipment you use

Earthmoving & excavation

Excavators, bulldozers, backhoe loaders, wheel loaders, and related equipment.

Lifting & material handling

Cranes, telehandlers, articulated dump trucks, and related equipment.

Paving & compaction

Asphalt pavers, rollers, compactors, and other paving equipment.

Personal access

Talk with someone who knows the equipment

When you want to discuss an equipment purchase, financing structure, or a more complex request, you can reach our construction finance team by phone or in person.

Our specialists know construction equipment and can talk through the details with you, answer questions, and explain what comes next.

We offer fast onsite service, too. We’ll come to you … at your job site … on your time schedule … at your convenience. That ensures faster construction equipment financing decisions – decisions made in hours, not days.

Talk with the team

The experience behind the relationship

Our construction finance specialists bring years of experience with equipment purchases and complex financing requests. That background helps us spot potential issues early, ask the right questions, and keep the process moving when something changes. If an issue comes up, you’ll work with a team that understands the transaction and can help work through it.

Monitor 100 recognition badge Monitor Top 20 in Construction Equipment Finance recognition badge

35+ years of experience

1st Source Bank’s Specialty Finance Group has worked in specialized equipment finance since 1976, with a dedicated construction team since 1990.

Broad geographic reach

Our construction finance team has worked with contractors, equipment dealers, and rental businesses across the 48 contiguous states and Alaska.

Industry focused

Our specialists have worked with contractors, equipment dealers, and rental businesses on financing for heavy construction equipment.

Let's talk

Contact our team

FAQ

Talk with a construction finance specialist

Tell us about the equipment you are considering and what you need the financing to support. Our team can discuss the available options, answer your questions, and explain the next steps.

Contact us