JCB

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

About JCB

JCB was founded in the UK in 1945 by Joseph Cyril Bamford, starting with agricultural tipping trailers, according to JCB. The company became famous for the backhoe loader and today builds excavators, wheel loaders, Loadall telehandlers, skid steers and compact equipment. JCB's North American headquarters in Savannah, Georgia, opened in 2000 and builds tracked and wheeled excavators and skid steers. JCB has been in Canada since 1968, when it set up a Canadian subsidiary.

JCB equipment on our list

The JCB models on our eligible equipment list include X Series excavators such as the 220X, 260X and 300X, along with other JCB construction machines. Contractors also buy JCB backhoe loaders, telehandlers and compact equipment for site work, agriculture and rental fleets.

How lenders view JCB equipment

JCB machines are mainstream construction equipment with an established dealer network in Canada and the USA, so lenders assess them on the usual factors: hours, undercarriage or tires, hydraulic condition and the work the machine will do. Telehandlers and backhoes are widely used across industries, which supports resale values. Attachments such as buckets, forks and breakers can often be included when they are on the invoice.

Financing JCB through dealers or independent lenders

JCB dealers may offer manufacturer-backed programs on new machines. For used units, private sales, auctions or businesses with mixed fleets, comparing several lenders through a brokerage can widen the options.

How JCB equipment financing works

Most JCB 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.

JCB equipment we help finance

Financing JCB excavators

Excavators are financed for site prep, utilities, demolition and trenching work. Lenders focus on hours, undercarriage wear, hydraulic condition and whether the machine has the right tail swing and attachments for your jobs. Mid-size crawler excavators have deep resale markets, which lenders like, while very large or highly customized units are reviewed more closely. Buckets, thumbs, hydraulic hammers and quick couplers can often be added to the financed amount when they are on the same invoice.

JCB excavators on our eligible equipment list include JCB 220X Excavator, JCB 260X Excavator, JCB 300X Excavator and JCB 370X Excavator.

Financing JCB rollers

Compactors and rollers are financed by paving, road-building and site contractors. Lenders look at drum type, hours and the contracts the machine supports. These units are often financed as part of a paving or earthworks spread, so financing several machines together is common.

JCB rollers on our eligible equipment list include JCB CT169 Roller, JCB VMD70 Roller and JCB VMT860 Roller.

Financing JCB 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.

JCB loaders on our eligible equipment list include JCB 3CX Backhoe Loader and JCB 4CX Backhoe Loader.

Financing JCB telehandlers

Telehandlers are financed by contractors, farms and rental fleets. Lenders look at lift height, capacity, hours and attachment packages. Their wide use across industries gives them a healthy resale market.

JCB telehandlers on our eligible equipment list include JCB 535-95 Telehandler and JCB 540-140 Telehandler.

What lenders check on a JCB 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 JCB models with financing pages

Tax treatment of JCB 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 used JCB X Series excavator?

Yes. Lenders assess hours, undercarriage, hydraulics and the work lined up, as with other mainstream excavators.

Is a JCB backhoe loader easy to finance?

Backhoes are versatile and widely used, which supports resale value. Lenders review hours, condition and attachments.

Can I finance a JCB Loadall telehandler for a farm?

Yes. Farm and construction lenders both finance telehandlers, and payments can sometimes be matched to seasonal income.

Where are JCB machines for North America built?

JCB says its Savannah, Georgia plant builds tracked and wheeled excavators and skid steers. Other models come from its UK and global plants.

Can JCB attachments be financed with the machine?

Usually, if they are listed on the same invoice.

Should I compare JCB dealer financing with other lenders?

Yes. Dealer programs can be strong on new units, while independent lenders may suit used or private-sale machines.