A Big Commitment to Compact Construction Equipment Financing
Your business’s success is our sole focus at John Deere Financial. That’s why we top off our low financing rates for compact construction equipment with expert knowledge of your industry, flexible payments, cost-effective maintenance packages, and the other financial tools to support your unique needs - at the jobsite or on the farm.
Compact Construction Equipment: Loan vs. Lease
Whether your work calls for a compact excavator, a compact track loader, or a skid steer, John Deere Financial has the right tools to get the equipment you need - so you can manage cash flow and grow your construction business.
Loan Advantages
- You're building equity - you own the equipment when you're done paying for it.
- You can depreciate your equipment.
- The equipment appears as an asset on your balance sheet.
- No hour limits for the time you use the machine.
- Build equity with instalment payments.
- You may see tax benefits.†
Lease Advantages
- Pay for the use of the equipment, then return it at lease-end.
- Generally, you may make lower payments than with an instalment loan.
- Reduce downtime. Keep newer equipment with the latest technology in your fleet.
- Increase your cash flow with lower payments and generally lower upfront costs.
- You may see tax benefits.†
Compact Construction Equipment Loan or Lease: Questions to Ask†
In addition to filling out an application, start thinking about the answers to these questions before you meet with your John Deere dealer.
- How long will you need the equipment?
- Do you want to own the machine at the end of the term?
- Are you interested in keeping up with the latest technology?
- Are you more concerned about the lease rate or the overall cost?
- Are you just looking for the lowest possible payment?
Used Compact Construction Equipment
John Deere Financial offers competitive financing for the top-quality used compact track loaders, used mini excavators, used mini skid steers, and more offered by your local John Deere dealer.
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†John Deere Financial does not provide legal or tax advice. Please consult a professional tax adviser or accountant for your specific needs or qualifications.