Heavy Equipment Fleet - 10+ Units Strategy 2026

2026 Heavy Equipment Fleet Strategy

Large contractors need multiple units. 10+ excavators. 15+ lorries. Fleet expansion requires significant capital. Smart financing preserves cash.

This guide covers fleet financing strategies. Real numbers for 10+ units. Bank vs alternative options.

Fleet Investment Examples

10 Excavator Fleet

• 10 × Komatsu PC200: RM3,400,000
• Mix with used: RM2,000,000 - RM2,500,000
• Financing need: 100% of purchase price

15 Lorry Fleet

• 15 × 5-ton lorries: RM2,025,000
• Mix with used: RM1,200,000 - RM1,500,000
• Financing need: 100% of purchase price

Mixed Fleet - 20 Units

• 5 × Excavators: RM1,700,000
• 10 × Lorries: RM1,350,000
• 5 × Forklifts: RM300,000
• Total: RM3,350,000

Bank Fleet Financing

Bank Requirements for Large Fleets

• Interest rate: 4.6% - 6.0%
• Maximum loan: 90%
• Down payment: 10% - 20%
• Equipment age: 5 years maximum
• Processing: 4 - 6 weeks

Real Example: 20-Unit Fleet

Fleet cost: RM3,350,000

Bank Offer:
• Down payment: RM335,000 - RM670,000
• Loan amount: RM2,680,000 - RM3,015,000
• Monthly payment: RM45,000 - RM55,000
• Interest over 7 years: RM1,200,000 - RM1,600,000

Issue: RM335,000 - RM670,000 cash needed upfront. Used equipment rejected.

Ing Heng Credit Fleet Financing

Our Fleet Financing Terms

• Interest rate: Competitive rates
• Maximum loan: 100%
• Down payment: 0%
• Equipment age: No limit
• Processing: 48 - 72 hours for fleets

Same 20-Unit Fleet with Us

Fleet cost: RM3,350,000

Ing Heng Offer:
• Down payment: RM0 (0%)
• Loan amount: RM3,350,000
• Monthly payment: RM48,500
• Cash preserved: RM335,000 - RM670,000

Fleet Expansion Strategies

Gradual Fleet Build

Add 5 units per year. Spread financing. Manage cash flow.

Year 1: 5 excavators (RM1,700,000)
Year 2: 5 lorries (RM675,000)
Year 3: 5 lorries (RM675,000)
Year 4: 5 forklifts (RM300,000)

Rapid Fleet Expansion

Add all 20 units at once. Capture market share. Deploy full capacity.

20 units financed at 0% down = Immediate fleet deployment
Revenue from Day 1 = Faster ROI

Mixed Fleet - New and Used

Combine new and used equipment. Reduce upfront cost while maintaining capacity.

• New excavators: Core capacity
• Used excavators: Backup and overflow
• New lorries: Long-haul routes
• Used lorries: Short-haul and backup

Why 0% Down for Fleets

Large fleet = Large down payment at banks. RM500,000+ cash tied up. Not available for operations.

RM500,000 = 10 months diesel for 15 lorries. Or 3 months wages. Or 6 months maintenance.

0% down = Full fleet deployed. Cash preserved for operations. Revenue starts immediately.

Used Equipment in Fleets

Fleets need backup units. Used equipment fills this role perfectly. 40-60% cheaper. Reliable workhorses.

Banks reject used over 5 years. We finance any age. Build mixed fleets efficiently.

Fleet Tax Benefits

Capital Allowance on Fleet

RM3,350,000 fleet = RM1,340,000 Year 1 deduction (40%)
Tax savings at 24%: RM321,600

Combine with operating deductions (fuel, maintenance, wages). Significant tax reduction.

2026 Fleet Strategy Tips

• Mix new and used equipment
• Finance for 5-7 year terms
• 0% down payment preserves cash
• Plan fleet replacement cycles
• Claim all capital allowances