Ready to see how
much you qualify for?
Let's get started
Want to bid on larger construction projects? Learn how equipment financing can help small contractors compete, expand capabilities, and win more work.
If you’re aiming to grow your construction business, one of the fastest ways is to start bidding on larger jobs. But bigger contracts come with bigger expectations—more equipment, more crew capacity, and more upfront resources.
That’s where equipment financing plays a critical role. It doesn’t just help you buy a machine—it enables you to qualify for projects you couldn’t otherwise pursue.
Here’s how the right financing strategy can help small and mid-sized contractors compete for—and win—larger construction bids.
On paper, your bid might look competitive. But on the job site, clients and general contractors want assurance that you have the tools to deliver.
RFPs and bid requests often require:
If your fleet can’t meet those specs, you may not even make the shortlist—even if your pricing is sharp.
1. Expand Equipment Access Without Draining Capital
Financing lets you acquire the necessary machines to bid on jobs now, without tying up cash reserves needed for payroll, materials, or bid bonds.
2. Customize to Project Requirements
You can lease or finance equipment specifically for a project’s scope—whether that’s a long-reach excavator, compaction gear, or a specialty loader.
3. Improve Your Bid Presentation
Pre-approval or a financing letter shows clients you’re ready to fund your portion of the project and mobilize quickly.
4. Avoid Costly Rentals That Eat Margins
Instead of renting at premium day rates, financing offers more stable, predictable costs—especially on long-term or multi-phase jobs.
5. Strengthen Jobsite Performance and Safety
Newer equipment often includes safety and tech features that meet job spec requirements and reduce liability.
Equipment Loans:
Perfect for machines you’ll use beyond a single job. Offers full ownership and tax benefits through Section 179.
Lease-to-Own:
Low upfront cost with end-of-term buyout—ideal if you're unsure about long-term usage after the project.
Short-Term Leases:
Use for project-specific machines with a known duration. Flexible and avoids long-term debt.
Working Capital + Equipment Bundles:
Some lenders offer hybrid packages that cover both machine costs and working capital—ideal for covering initial mobilization and payroll needs.
Before submitting your next major proposal:
This proactive approach can set your bid apart—especially if competitors assume they can rent or wait.
It’s not just about owning more gear—it’s about having access to the right equipment at the right time.
Financing ensures that:
Even if you only use the financed equipment for one or two large projects, the return on investment can be substantial when it unlocks new revenue streams.
Every contractor wants to grow—but only the ones prepared to scale their resources will be able to win larger jobs consistently. Equipment financing isn’t just a way to get machines—it’s a strategy to compete, deliver, and expand.
Looking to gear up for your next big bid? Talk to National Legacy Capital Group. Their team helps construction businesses structure fast, flexible financing to support competitive bids and large-scale project success.
Can I use equipment financing to qualify for a project I haven’t won yet?
Yes. Many lenders offer pre-approvals based on projected project needs, especially if the bid is in advanced stages.
What if I only need the equipment for one job?
Consider a short-term lease or lease-to-own program with early buyout or return options.
Will financing help with bonding requirements?
Yes. Demonstrating access to equipment through financing may strengthen your bond application by showing operational readiness.
Can I finance attachments and transport gear too?
Yes. Many lenders offer bundled financing to include attachments, trailers, and delivery costs.
