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Construction equipment · Published project support

Financing two used excavators for an earthmoving contractor

An earthmoving contractor financed a used wheeled excavator and mini excavator under one 48-month equipment lease with a nominal end-of-term purchase option.

Published amount or program scope
$57,300–$115,000
Historical term
48 months
Support status
Published project support
Abstract editorial illustration for understanding equipment lease agreements
Illustrative image, not a photograph of the client or project.

The equipment need

The company had found two used 2018 machines at a dealer: a wheeled excavator and a mini excavator for tight-access work.

Used equipment sells quickly, so the company needed to confirm its purchase without waiting several weeks for a financing answer.

Paying cash for both machines would have reduced the flexibility needed to fund ongoing jobs, and the owner wanted to own the machines eventually, since they still had long service lives ahead.

  • Wheeled excavator
  • Mini excavator

The support described in the project

Leaseworld arranged an equipment lease with a purchase option covering both machines in a single contract, avoiding a duplicate review.

The machines' age was documented with maintenance records and hour-meter readings, key factors when financing used equipment.

The 48-month term was set to the machines' estimated remaining service life, and the end-of-term purchase option was set at a nominal value so the company would own the equipment at maturity.

The reported operational outcome

Both machines were put into service without a significant upfront payment, keeping cash available for operations.

The mini excavator opened up tight-access jobs that had been out of reach, broadening the company's range of work.

Applying the experience to a new project

Use this case to identify the equipment, timing and ownership questions relevant to your own investment. The historical scope and term are specific to the project described. For a new U.S. project, identify the contracting business, installation state, supplier quote and preferred use period; available structures require a separate assessment.

About this case study

Published 2026-09-19 by the Leaseworld editorial team. Identifying details are withheld. Historical budgets and requested terms do not establish eligibility or an offer for another applicant.

Amounts shown in U.S. dollars are rounded equivalents for comparison using a reference rate dated September 18, 2026. They are not current equipment prices or financing offers. The original project agreement determines its legal, tax and accounting treatment.

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