Volvo Construction Equipment
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Mehmi Financial Group helps businesses finance and lease Volvo Construction Equipment equipment, including construction equipment, in Canada and the USA. As a brokerage, we compare options from banks, equipment finance companies and alternative lenders for new and used Volvo Construction Equipment units, from dealer purchases to private sales. Approval, rates and terms are set by each lender.
About Volvo Construction Equipment
Volvo Construction Equipment (Volvo CE) is the construction machinery business of the Volvo Group. It builds articulated haulers, excavators, wheel loaders, compaction equipment and pavers. Volvo CE says it has accelerated its transformation through new technologies, electric machines and digital solutions, and it is exploring hydrogen and fossil-free materials.
This page and the Volvo brand page
Volvo CE equipment is also covered on our Volvo brand page, which includes both Volvo construction equipment and Volvo trucks. This page focuses only on construction equipment.
How lenders view Volvo CE machines
Volvo articulated haulers are a mainstay of earthmoving and quarry work, and Volvo excavators and wheel loaders are mainstream construction machines with established dealer support. Lenders review hours, undercarriage or tires, driveline and hydraulic condition, and the contracts lined up. Electric compact machines raise questions about charging on site and battery warranty.
Financing Volvo CE equipment
Earthmoving contractors often finance haulers alongside excavators or loaders as a spread. Volvo dealers may offer programs on new machines, and independent lenders can help with used units, auctions and mixed fleets.
How Volvo Construction Equipment equipment financing works
Most Volvo Construction Equipment 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.
What lenders check on a Volvo Construction Equipment construction equipment
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 Volvo Construction Equipment models with financing pages
| Model | Type | Category |
|---|---|---|
| Volvo Construction Equipment | Equipment | Construction |
Tax treatment of Volvo Construction Equipment 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.
Frequently asked questions
Can I finance a used Volvo articulated hauler?
Yes. Lenders review hours, tires, driveline condition and haul contracts.
Can I finance an electric Volvo CE compact machine?
Some lenders will. Expect questions about charging and battery warranty.
Can Volvo haulers and excavators be financed together?
Yes. Many lenders finance an earthmoving spread as one deal.
Is Volvo CE part of the Volvo Group?
Yes. Volvo Construction Equipment is the Volvo Group's construction machinery business.
Can I finance a Volvo wheel loader for a quarry?
Yes. Lenders review hours, tires and the quarry's production.
Should I compare Volvo dealer financing with other lenders?
Yes, especially for used machines and auction purchases.
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