What is the average monthly payment on a skid steer?
Monthly skid-steer payments vary based on the purchase price, down payment, term length, interest rate, equipment age, and whether the transaction is a loan or lease. A skidder and a skid steer are different machines, and their costs can differ significantly. CFP structures qualifying equipment projects beginning at $250,000, so a payment estimate is prepared from the complete equipment proposal and credit review.
Can I finance a skidder with an equipment loan or lease?
Yes. For qualifying transactions, skidder financing may be structured as an equipment loan, capital lease, operating lease, tax lease, or FMV lease. The appropriate option depends on your ownership preferences, projected equipment use, accounting and tax considerations, and cash-flow needs. CFP reviews the overall project to recommend a structure that fits the acquisition and your operating objectives.
What is the minimum project size for skidder financing?
Commercial Funding Partners generally works on equipment financing projects starting at $250,000. That threshold may be met through a single high-value equipment purchase, a group of skidders, a broader forestry or construction fleet acquisition, or a multi-vendor project. Eligible project costs may also be considered within the overall financing structure when the transaction fits CFP’s underwriting requirements.
Can financing include used skidders?
Qualified used commercial equipment may be eligible for financing. Underwriting typically considers the skidder’s age, condition, remaining useful life, value, seller documentation, and how it fits within the borrower’s broader project. New equipment may also be financed. Providing a detailed equipment quote and specifications helps CFP evaluate the available structure efficiently.
Are seasonal payment options available for skidder financing?
Seasonal payment schedules may be available when they align with a qualifying borrower’s revenue cycle and transaction structure. CFP also offers potential step-up payments, deferred principal, balloon payments, and custom amortization. These options are designed to match repayment more closely to expected cash flow rather than forcing every equipment investment into a standard monthly-payment schedule.
Can I finance freight, installation, or other project costs?
Potentially. CFP can include eligible non-admitted or soft costs within an overall equipment financing structure, such as freight, installation, engineering, software integration, commissioning, training, controls, and certain taxes. Financing these costs alongside the equipment can reduce the need to draw on working capital. Eligibility and the amount financed are determined through transaction review.
What information is needed to request skidder financing?
Begin with the equipment quote or invoices, a description of the skidder or fleet project, vendor information, requested funding amount, and desired timing. CFP will also review business and financial information as appropriate for the transaction. For larger or more complex projects, details about installation, related costs, and anticipated operating cash flow support a more tailored structure.
What if another lender declined my equipment financing request?
A decline does not always mean the equipment project is unfinanceable. CFP offers a free, no-obligation Second Opinion Review for qualifying projects that were declined or poorly priced elsewhere. The team re-underwrites the opportunity and may consider alternative approaches, such as a different lease structure, soft-cost inclusion, extended terms, or a multi-vendor financing arrangement.