Bobcat

Mehmi Financial Group helps businesses finance and lease Bobcat equipment, including mini excavators, skid steers and loaders, in Canada and the USA. As a brokerage, we compare options from banks, equipment finance companies and alternative lenders for new and used Bobcat units, from dealer purchases to private sales. Approval, rates and terms are set by each lender.

About Bobcat

Bobcat is widely credited with creating the compact equipment industry. According to Doosan Bobcat's history, E.G. Melroe and his sons opened a factory in Gwinner, North Dakota in 1947, and the company introduced the first skid-steer loader around 1960. The name "Bobcat" was given to the loader in 1962. Today Bobcat is part of Doosan Bobcat, with North American regional headquarters in West Fargo, North Dakota.

Bobcat equipment on our list

The Bobcat models on our eligible equipment list are compact machines: skid-steer loaders, compact track loaders, mini excavators and similar equipment used by landscapers, contractors, farms, municipalities and rental fleets. These machines are often bought with a trailer and a set of attachments such as buckets, forks, augers, grapples and mulchers.

Why compact Bobcat equipment is lender-friendly

Compact equipment from a well-known brand has a deep resale market, so lenders can usually value a used Bobcat with confidence. That often makes these deals simpler than larger or more specialized machines. Lenders still check hours, tracks or tires, and the condition of the hydraulic system, and they want attachments listed on the invoice if you want them included in the financed amount.

Financing several compact machines

Landscaping and rental businesses often buy several compact units at once, sometimes ahead of the spring season. Some lenders can finance a package of machines and attachments together, and seasonal payment schedules may be available for businesses with winter slowdowns. Comparing dealer programs with independent lenders through a brokerage can help when you are buying used, privately or across several brands.

How Bobcat equipment financing works

Most Bobcat purchases are financed with an equipment loan or a lease. A loan gives you ownership from day one, with the lender registering a security interest (PPSA in Canada, UCC in the USA). A lease keeps title with the lessor and can lower the monthly payment, with a buyout, renewal or return option at the end.

Bobcat equipment we help finance

Financing Bobcat mini excavators

Mini and compact excavators are financed by landscapers, utility contractors, plumbers and rental fleets. Because they are widely used and easy to resell, lenders tend to see them as straightforward collateral. Hours, track condition and attachment packages matter most. Many buyers finance a compact excavator together with a trailer, which some lenders will structure as one deal.

Bobcat mini excavators on our eligible equipment list include Bobcat E100 Mini Excavator, Bobcat E10z Mini Excavator, Bobcat E17 Mini Excavator and Bobcat E26R Mini Excavator.

Financing Bobcat skid steers

Skid steers and compact track loaders are financed by landscapers, contractors and farms. Lenders see them as liquid collateral because demand is strong. Hours, tracks or tires, and attachment packages such as buckets, forks, augers and mulchers matter most.

Bobcat skid steers on our eligible equipment list include Bobcat S62 Skid Steer, Bobcat S650 Skid Steer, Bobcat S70 Skid Steer and Bobcat S740 Skid Steer.

Financing Bobcat loaders

Loaders are financed for material handling across construction, agriculture and industrial yards. Lenders look at hours, tires or tracks, bucket and attachment packages, and how the machine will be used. Common sizes with broad resale demand are usually simpler to finance than specialized configurations.

Bobcat loaders on our eligible equipment list include Bobcat T595 Compact Track Loader, Bobcat T630 Compact Track Loader, Bobcat T650 Compact Track Loader and Bobcat T770 Compact Track Loader.

What lenders check on a Bobcat mini excavator

Lenders look at machine hours, service records, undercarriage or tire condition, and whether the unit is tied to contracts or a steady work program. Used machines with strong resale demand are usually easier to finance than specialized units.

Expect to provide a credit application, recent business bank statements, the dealer quote or bill of sale with serial number and hours, and financial statements or tax returns for larger amounts.

See the full list of eligible equipment, compare equipment financing options, or estimate payments with the equipment financing calculator.

All Bobcat models with financing pages

Tax treatment of Bobcat equipment

In Canada, power-operated movable equipment used to excavate, move, place or compact earth, rock, concrete or asphalt generally falls in CCA Class 38. Confirm the class for your exact asset with your accountant. With a loan, you generally claim capital cost allowance and deduct interest. With a true operating lease, lease payments are generally deductible instead. See the CRA classes of depreciable property. In the USA, Section 179 and bonus depreciation may apply; see IRS Publication 946. Always confirm with your accountant.

Can I finance a Bobcat with attachments?

Usually, if the attachments are on the same invoice. Buckets, forks, augers, grapples and mulchers are commonly included.

Is a used Bobcat skid steer easy to finance?

Generally, yes. Compact equipment from a well-known brand has a deep resale market, so lenders can value it with confidence.

Can I finance a Bobcat and a trailer together?

Some lenders will structure a compact machine and its trailer in one deal, which keeps paperwork and payments simple.

Can a new landscaping business finance a Bobcat?

Start-ups can be approved, often with a down payment, a guarantor or proof of contracts. Industry experience helps.

Are seasonal payments available on Bobcat equipment?

Some lenders offer reduced or skip payments in slow months, which suits landscaping and snow businesses.

Can a rental company finance a fleet of Bobcat machines?

Yes. Lenders review utilization, rental revenue and the mix of units, and may finance several machines together.