Compact Track Loader Financing

Rubber tracks change the game on soft ground. A compact track loader floats over terrain that would swallow a skid steer's tires, keeps moving on muddy sites when wheel-based machines are stuck, and leaves less surface damage on turf and finished grade than comparable rubber-tired equipment. For contractors who work through wet seasons, on reclaimed land, or on sites where ground conditions vary week to week, a compact track loader earns its premium over the comparable skid steer. We finance CTLs from every major manufacturer with the same speed and structure as our skid steer program: same-day quotes, application-only approval up to approximately $400,000, and funding in one to two weeks from application.

Our most common CTL financing transactions involve Bobcat T-series machines, Caterpillar multi-terrain loaders, Takeuchi TL-series, ASV RT-series, and CASE TR-series machines. Our Bobcat financing and Takeuchi financing pages cover brand-specific options for those manufacturers.

Compact Track Loader Undercarriage: The Financing Factor

Tracks are the primary maintenance cost on a CTL, and they are the first thing a lender or appraiser examines on a used machine. Rubber track life varies considerably by application: a machine running on rocky demolition sites wears tracks faster than one primarily working in mud or soft soil. Track replacement on a mid-size CTL runs roughly $5,000 to $12,000 depending on the track system design.

What to document when applying with a used CTL:

Track pad wear percentage and approximate remaining life
Roller and idler condition if the machine has individual components (as opposed to one-piece tracks)
Any recent track replacement with invoice documentation
Total machine hours and service interval history

Machines with fresh tracks or documented recent track replacement appraise well and finance cleanly. Machines with worn tracks that need replacement soon may require the repair to be completed before financing closes, or the lender may reduce the loan amount to account for the near-term maintenance cost.

CTL machines with rubber tracks over steel undercarriages (like ASV and Caterpillar multi-terrain loaders) have different track wear characteristics than standard rubber-belted CTLs. Both types finance well with the right documentation.

Contractors Who Finance CTLs Through Us

The crews who depend on compact track loaders year-round rather than treating them as a seasonal tool:

Site contractors in wet climates where ground conditions are unpredictable. Markets like Seattle, Portland, and the upper Midwest keep CTLs working months that would sideline a skid steer.
Landscaping contractors who work on finished or partially finished sites where protecting surface conditions matters. Lower ground pressure means less rework after the machine leaves.
Pipeline and utility contractors working through fields, wetland margins, and disturbed ground where conventional wheeled equipment struggles.
Land-clearing contractors who push brush and debris on freshly cleared sites that have not yet been graded and stabilized. Our land-clearing contractors page covers this buyer group in more detail.
Concrete contractors who need to move materials on active construction sites with uneven surfaces and concrete debris.

CTL Pricing and Financing Terms

New compact track loaders in the 60-to-90-horsepower class typically run $65,000 to $110,000 depending on manufacturer, lift capacity, and auxiliary hydraulic configuration. High-flow hydraulics add cost but expand attachment capability significantly. Used CTLs two to five years old generally trade running about $35k to $65k.

The used price range means that standalone used CTL deals often benefit from being bundled with attachments to clearly exceed the $50,000 minimum. New CTL purchases almost always clear the threshold on their own.

Typical financing terms:

New CTLs: 48 to 60 months on standard credit, 72 months for strong profiles
Used CTLs 2-5 years: 36 to 48 months
Used CTLs 5-8 years: 24 to 36 months with possible down payment

For operators who want to preserve cash at close, a no-money-down structure is available on qualifying CTL transactions. Strong credit with a clean machine from a major brand is the typical profile that gets there. For operators with prior credit issues, our bad-credit equipment financing lenders handle CTL deals with context-driven underwriting.

Finance Your Compact Track Loader

CTL deals are as fast as any other compact machine in our program. Submit the make, model, and price and we will have a quote back today. New dealer purchase or used machine from any source, we handle it the same way.

Related Paths

Other machine and capital paths worth comparing.

Q&A

Questions operators ask.

Practical answers before you send a full file.

Can I finance a CTL with a two-speed drive and high-flow hydraulics without it affecting terms?

Features like two-speed drive and high-flow hydraulics actually improve the machine's appeal in the secondary market and may positively influence the appraised value. Well-equipped machines tend to hold value better than base-trim units. Lenders view strong secondary market demand as a positive for collateral. Document the specific machine configuration in the purchase invoice.

My CTL needs a new set of tracks. Should I replace them before applying for financing?

It depends on the loan amount. If you are financing a transaction where the machine's value is tight relative to the deal amount, replacing the tracks before the deal closes strengthens the collateral position and may eliminate a lender condition. If the machine has plenty of remaining value relative to the financing amount, worn tracks are usually just noted in the documentation rather than held as a deal condition.

Can I finance a CTL along with a mini excavator for a two-machine package?

Yes. Package deals covering two or more machines in one transaction are fully supported. We handle the combined collateral documentation and present the file to lenders who are comfortable with multi-unit deals. One application, one approval, one monthly payment covering both machines.

ASV is a less common brand than Bobcat or Cat. Will that affect my financing options?

ASV compact track loaders have a real secondary market and are recognized by lenders who specialize in construction equipment. The resale depth is somewhat less than Bobcat or Caterpillar, but not dramatically so. Some lenders may apply a modest discount to the appraised value, but ASV machines are fully financeable through our program. We route those deals to lenders who have seen them before.

What is the difference between a CTL and a multi-terrain loader (MTL) for financing?

Both are financed similarly. Multi-terrain loaders, the category used by Caterpillar for their rubber-track-over-steel-undercarriage design, have specific track characteristics different from rubber-belted CTLs. From a financing standpoint, both are compact track-driven machines in the same size and value range, and they are evaluated the same way by lenders who work in this equipment category.

Quote Desk

Put the machine, seller, and timeline in front of us.

Send the excavator class, purchase price, hours, seller type, and how soon the unit needs to be on the job. We respond with a practical structure instead of a generic rate sheet.