Kobelco

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

About Kobelco

Kobelco Construction Machinery is a subsidiary of Japan's Kobe Steel. Its history includes crawler cranes and truck cranes from the 1960s and its first crawler hydraulic excavator built on proprietary technology in 1967. Kobelco is known today for hydraulic excavators and crawler cranes. In North America, Kobelco Construction Machinery USA is based in Katy, Texas, and continues to add authorized dealers.

Kobelco equipment on our list

Our eligible equipment list includes Kobelco excavators such as the SK140, popular with utility and site contractors, and CKE-series crawler cranes such as the CKE2500G and CKE3000G used on heavy construction and infrastructure projects.

Kobelco's US production

Kobelco built a US excavator plant in South Carolina, but in 2021 Kobe Steel announced it would temporarily suspend excavator production there. For buyers, the practical point is to confirm dealer support and parts availability in your area before buying a used Kobelco.

How lenders view Kobelco excavators and cranes

Kobelco excavators are assessed like other mainstream excavators: hours, undercarriage, hydraulics and the work lined up. Lenders may look a little more closely at dealer coverage in regions where Kobelco is less common. Crawler cranes are specialized assets: lenders review configuration, inspection records, transport and assembly costs and the contracts behind them, and only a smaller group of lenders handles them.

How Kobelco equipment financing works

Most Kobelco 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.

Kobelco equipment we help finance

Financing Kobelco 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.

Kobelco excavators on our eligible equipment list include Kobelco SK140 Excavator, Kobelco SK200 Excavator, Kobelco SK210 Excavator and Kobelco SK300 Excavator.

Financing Kobelco cranes

Cranes are among the most specialized assets lenders review. Expect questions about crane type and capacity, inspection and certification records, boom and rigging condition, and the contracts or rental demand the crane supports. Insurance and operator certification are typically confirmed before funding. Because values depend heavily on condition and documentation, a recent inspection report can make a real difference to how a lender views the file.

Kobelco cranes on our eligible equipment list include Kobelco CKE2500G Crawler Crane and Kobelco CKE3000G Crawler Crane.

What lenders check on a Kobelco 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 Kobelco models with financing pages

Tax treatment of Kobelco 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 Kobelco SK140 excavator?

Yes. Lenders review hours, undercarriage, hydraulics and the work lined up.

Where is Kobelco's US headquarters?

Kobelco Construction Machinery USA is based in Katy, Texas.

Can I finance a Kobelco CKE crawler crane?

Yes, through lenders comfortable with large cranes. They review configuration, inspections and contracts.

Does dealer coverage matter for a Kobelco?

It can. Confirm parts and service support nearby, especially for used machines.

Can transport and assembly of a Kobelco crane be financed?

Some lenders include these costs when they are part of the purchase.

Can I finance a Kobelco bought privately?

Yes, with a bill of sale, lien search and ideally an inspection.