Bank Rejected Excavator 2026 - We Can Help
Bank rejected excavator financing 2026. Second chance approval for Komatsu, CAT excavators.
Ing Heng Credit Team β’ β’ 3 min read
# Bank Rejected Excavator 2026 - We Can Help
Bank rejected your excavator financing? Second chance approval available for Komatsu, CAT excavators in 2026.
## Why Banks Reject Excavator Loans
**Common Reasons:**
- CCRIS score below 650
- Business under 2 years
- Equipment age over 5 years
- High debt service ratio
- Insufficient collateral
## 2026 Excavator Rejection Solutions
**We Approve When Banks Don't:**
**Common Rejection - Approved:**
1. **CCRIS 580-640** β Approved 75%
2. **Business 6-18 months** β Approved 70%
3. **Used excavator 7+ years** β Approved 60%
4. **High debt ratio 45%** β Approved 65%
5. **No property collateral** β Approved 80%
## Real Bank Rejection Cases
**Case 1: 3 Bank Rejections - Approved**
**Bank Reasons:** CCRIS 585, business 18 months
**Equipment:** Komatsu PC200 (RM 180,000)
**Our Approval:** 0% down, 5 years, 48 hours
**Result:** Operational, repaying on time
**Case 2: Age Rejection - Approved**
**Bank Reason:** Excavator 8 years old
**Equipment:** Komatsu PC200-8 (2016)
**Our Approval:** RM 110,000, 0% down, 4 years
**Result:** Machine working perfectly
## Bank vs Alternative Excavator
| Rejection Reason | Bank | Alternative Solution |
|------------------|------|---------------------|
| **CCRIS < 650** | Reject | Approve (equipment-focused) |
| **Business < 2 years** | Reject | Approve (6+ months OK) |
| **Used > 5 years** | Reject | Approve (up to 10 years) |
| **No collateral** | Reject | Approve (equipment enough) |
## Excavator Brands After Rejection
**Approval Ranking:**
**Best After Bank Rejection:**
- Komatsu PC200, PC300 series
- CAT 320, 336 series
- Hitachi ZX200, ZX300
- **High approval even after rejection**
## Bank Rejection Documentation
**What We Need:**
1. **Bank Rejection Letter** (if available)
- Shows rejection reason
- Helps address issues
- Not required
2. **Equipment Details**
- Excavator quotation
- Age and condition
- Seller information
3. **Business Proof**
- 6 months bank statements
- Project contracts
- Operations evidence
## Get Excavator After Bank Rejection
Bank rejected excavator loan? Apply for second chance equipment financing with 48-hour approval.
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**Other equipment rejected?** See [Bank Rejected Lorry](/blog/bank-rejected-lorry-2026-second-chance) or [Bank Rejected Forklift](/blog/bank-rejected-forklift-2026-alternative).