Field power generation financing

Generators, power units and light towers supply power where the grid doesn’t reach: well sites, remote job sites and temporary operations. Mobile units are versatile and serve many industries.

Finance field power generation equipment

Tell us the amount and we’ll follow up by email.

Field power generation we finance

What to know when financing field power generation equipment

  • Engine hours and load history drive value.
  • Trailer-mounted units resell easily.
  • Rental fleets may finance many units under one agreement.
  • Natural gas units that run on field gas may need site-specific setup.

How it’s usually structured

An EFA is common; rental fleets often use master agreements with schedules.

Equipment finance agreement (EFA)You own it from day one. Fixed payments; usually eligible for Section 179.
$1-buyout leaseLease payments, then you buy it for $1. Treated much like an EFA for tax.
Fair-market-value (FMV) leaseLower payments. Return, renew or buy at market value at the end.

What we look at

Time in business, business and owner credit, revenue, and the equipment’s details: make, model, year, serial number and condition. Requests above $1M also need financial statements.

Section 179

Equipment bought with an EFA or $1-buyout lease and placed in service by December 31 may qualify for a first-year deduction. Estimate your tax savings.

Working capital

Need cash for delivery, training, materials or the ramp-up? Add working capital to the same application.

Field power generation financing questions

Can I finance generators for a rental fleet?

Yes. Fleet purchases can be financed under one agreement.

Do you finance natural gas generators?

Yes, including units configured to run on field gas.

How much can I finance?

LenderCloud finances equipment from $10,000 to $10 million. Requests up to $1 million can usually be decided on the application alone; larger requests need financial statements. All financing is subject to credit approval.

Related

Field power generation Financing & Leasing | LenderCloud