Define the complete machine package
Specify the make, model, operating weight, age and hours. List buckets, hammers, grabs, tiltrotators and other attachments in the quote. Ask whether the package needs transport equipment or site preparation before it can be used.
For a used excavator, service records and an independent inspection can help clarify condition. A low-hour machine and a well-maintained high-hour machine may have different maintenance and resale considerations.
The repayment should fit the workload
Estimate billable utilisation after allowing for weather, maintenance, travel and gaps between jobs. Do not model affordability using every available day as a paid working day.
Include the operator, fuel, servicing, transport and insurance in the budget. If a particular project supports the purchase, consider what happens when that project finishes or its timetable changes.
Prepare the funding conversation
- Explain replacement versus fleet expansion
- Provide the supplier quote and itemised attachments
- Show the expected work and business cash flow
- Consider machine life against the finance term
- Plan for any final payment or early replacement
What to prepare
- Machine specifications and hours
- Itemised attachments and delivery quote
- Expected jobs and utilisation
- Maintenance and operating budget
Common questions
Can attachments be included in the proposal?
They may be assessed with the machine or separately. Itemise them and confirm the provider’s requirements.
Does a signed contract guarantee finance?
No. It can help explain the expected work, but a lender still assesses the whole proposal.
General information only. Product terms and availability vary. Check the actual proposal and obtain advice appropriate to your circumstances.