AUCTION PURCHASES
Auction equipment financing and leasing
Auctions move fast and the auctioneer wants paying in days, not weeks. Walk in with a pre-approval already sized to your budget, bid on the lot you actually want, and let the auction house invoice the lender. Yellow iron, trucks, machine tools, medical, restaurant and farm equipment all qualify when the seller is a recognised auction.
What we finance
New or used, from any vendor, dealer or auction. Named manufacturers are examples of what this covers, not a limit — if what you need is not on this list, ask.
- Ritchie Bros., IronPlanet and Marketplace-E purchases
- Purple Wave, BigIron, AuctionTime and Proxibid online auctions
- GovDeals, Public Surplus and municipal fleet disposals
- Bank repossession, bankruptcy and liquidation sales
- Dealer and manufacturer inventory reduction auctions
- Excavators, dozers, loaders, backhoes and skid steers
- Semi tractors, dump trucks, trailers and vocational trucks
- CNC machine tools, presses and fabrication equipment
- Farm tractors, combines, sprayers and implements
- Restaurant, medical, dental and laboratory lots
- Buyer premium, transport and reconditioning rolled in
- Sale-leaseback on equipment you already won
Why lease it
01
Bid with a number, not a hope
A pre-approval tells you the ceiling before the bidding starts. You bid to the number, you stop at the number, and the lot you win is already funded. No scramble for a bank loan inside the auction house's payment window.
02
The auction house gets paid on time
Auction terms are short: settle within days or forfeit the deposit and the lot. Funding goes to the auction house directly against its invoice, so pickup happens on schedule and the buyer premium and transport can be included.
03
Used iron on a term that fits its life
A twelve-year-old excavator should not carry a seven-year loan. Terms are matched to the age and hours of the lot so the equipment is paid off while it is still earning, and a $1 buyout leaves you owning it outright at the end.
FREE QUOTE
Get a custom quote in minutes
Tell us what equipment you need — from any list above, or something that is not on one. An ACG specialist follows up, typically within 24 hours, with options built around your business.
Business equipment financing. $10,000 minimum. We do not finance personal or household purchases.
- — NO OBLIGATION, NO HARD CREDIT PULL
- — NEW OR USED, ANY VENDOR
- — OR CALL (949) 822-3017
Three steps to your equipment
01
Request a quote
Use the form above or call (949) 822-3017. No obligation and no hard credit pull to get a number.
02
Secure approval and sign
Most decisions come back the same day. Documents are signed online.
03
Order your equipment
We deal with the vendor directly — payment, inspection and delivery — so you can keep running the business.
Questions buyers ask before financing an auction purchase
Can I get financing for equipment bought at auction?
Yes. American Capital Group finances equipment bought at Ritchie Bros., IronPlanet, Purple Wave, BigIron, Proxibid, GovDeals and other recognised auctions. Apply before the sale to get a pre-approval sized to your budget, then bid; the auction house invoices us and is paid inside its settlement window.
How fast can auction equipment be funded?
Most auction purchases are approved within one business day and funded once the auction house issues its invoice and the lot is confirmed. Applying before the auction is the key: with a pre-approval in hand, funding is usually complete well inside the auction's payment deadline.
Does the equipment age matter for auction financing?
Older equipment can be financed, but the age and hours set the term. A late-model lot gets a full term; a high-hour machine gets a shorter one so it is paid off while it still earns. Bring the lot number and the auction listing with the application and the term is set from that.
Can the buyer premium and transport be financed too?
Yes. The buyer premium, the transport from the yard and any reconditioning the machine needs before it goes to work can be included in the same financing, so the whole cost of putting the lot into service is one monthly payment.
Know what you need?
An application takes a few minutes and most decisions come back the same day. If you would rather see a payment first, the calculator gives you a range without asking for anything.