PROPANE EQUIPMENT
Propane equipment financing and leasing
A propane business is built out of steel: bulk storage at the plant, bobtails on the road and a tank set at every customer. Each of those is bought before the gallons it delivers are sold, and the heating season does not wait for a capital budget. Financing puts the storage and the trucks in place and spreads the cost across the gallons they move.
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.
- Bobtail delivery trucks — 2,600 to 5,000 gallon barrels on Freightliner, Kenworth, Peterbilt and International chassis
- Bobtail builders — Westmor, Arrow Tank, White River, Signature Truck Systems
- Bulk storage tanks — 18,000, 30,000 and 60,000 gallon ASME vessels
- Bulk plant equipment — pumps, compressors, piping, bulkheads and loading racks
- Propane transport trailers
- Autogas dispensers and fleet fueling stations
- Cylinder filling stations, dispenser cabinets and scales
- Cylinder exchange cages and cylinder delivery trucks
- Customer tanks — 120 to 1,000 gallon residential and commercial tanks
- Meters, registers, truck computers and remote tank monitors
- Crane trucks and service trucks for setting tanks
- Refurbished bobtails and requalified used tanks
Why lease it
01
The equipment is paid for by the gallon
A bobtail earns on every delivery and a bulk tank on every gallon bought ahead of the season. A lease with a fixed monthly payment over five to seven years sets the cost of the truck or the storage against the gallons it moves, and the payment is known before the winter is.
02
Keep the credit line for the gas
A marketer with more storage buys propane when it is cheap and sells it in January. Financing adds a bulk tank, a bobtail or a second plant without drawing down the line of credit that pays for the product itself.
03
Deduct the equipment the year it is delivered
Bobtails, bulk tanks and dispensers are Section 179 property. Buy on a $1 buyout lease or an equipment finance agreement and it can be expensed in the year it goes into service, subject to your own tax position and your CPA's advice.
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) 271-5800
Three steps to your equipment
01
Request a quote
Use the form above or call (949) 271-5800. 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 marketers ask before financing propane equipment
Can I finance a propane bobtail truck?
Yes. Propane equipment financing from American Capital Group covers bobtail delivery trucks, bulk storage tanks, transports, bulk plant pumps and compressors, autogas and cylinder dispensers, customer tanks and service trucks, new or used, for propane marketers, fuel distributors, cylinder exchange operators, farm cooperatives and fleets converting to autogas. Smaller transactions are approved on an application alone, with no financial statements up to $150,000, and new bobtails and bulk plants are quoted on a short financial package.
How much does it cost to lease propane equipment?
The payment depends on the equipment, its age, the term and the end of term option you choose. A cylinder filling station on a three year lease is a very different agreement from a new bobtail or a 30,000 gallon bulk tank over seven years, so send the builder's quote through the form on this page and we return real numbers, usually the same business day.
Can I finance bulk storage tanks and the installation?
Yes. The tank, piers, piping, pumps, bulkheads and installation labor can be financed together on one agreement, so the payment covers the working plant rather than only the vessel. We pay the tank supplier and the installer directly.
Can I finance a used bobtail or used propane tanks?
Yes. Refurbished bobtails and requalified tanks from a dealer or another marketer qualify, subject to age, mileage and current inspection and test records. We pay the seller directly once the equipment is inspected and the agreement is signed.
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.