The Power You Need
Heavy Equipment Leasing
Heavy equipment is a significant investment, from bulldozers and excavators to cranes and dump trucks. At Wyatt Leasing, we recognize that every piece of equipment is essential for your business.
What is a Commercial Lease?
​Transportation companies and drivers often use leases and loans as financing options for their heavy equipment. However, the two products differ in several important respects.
At Wyatt Leasing, we help you navigate between your options and choose the route that best serves your goals and budget.
A heavy equipment lease lets you use the equipment while making payments, often allowing you to deduct the full monthly payment instead of just interest and depreciation as with a typical loan.
A finance agreement allows you to pay a set amount plus interest to own the equipment over time. We also offer heavy equipment financing.
Lease agreements often include a "residual" option that lets the borrower buy the equipment at the end of the lease for a low price.
Frequently Asked Questions
Q: I need a new excavator for a project but don't want to put any money down. Can you help?
A: Yes! We can create a lease or finance agreement with little or even $0 down.
Q: What’s the oldest equipment I can lease?
A: There’s no age limit! We’ve financed equipment from the 1960s.
Q: What’s the longest lease term you offer?
A: The longest term is 84 months, but most equipment typically falls between 36 to 72 months.
Q: Do I have to buy from a dealer?
A: No, we work with both dealers and private sellers.
Q: Do I have to buy from a dealer you work with?
A: No, you can buy from any dealer you choose.