Used Excavator Financing Malaysia: Finance Second-Hand Excavators Up to 10 Years Old

Many Malaysian contractors choose used excavators over new machines. The cost savings are significant:

Cost Advantages:

• Used excavators cost 40-65% less than new units

• Lower down payment amount (RM 15K vs RM 80K)

• Faster return on investment

• Better cash flow for other business needs

• Less depreciation (new excavators lose 25-30% value in first year)

Immediate Availability:

• New excavators have 4-8 month waiting periods

• Used machines are ready to work immediately

• No manufacturing delays or supply chain issues

• Start earning revenue within 1 week of purchase

Proven Performance:

• Used excavators have established maintenance history

• Known reliability record (unlike untested new models)

• Previous owner has already fixed initial issues

• Proven durability in Malaysian conditions

Example Savings:

A new Caterpillar 320 costs RM 650,000. A 5-year-old model costs RM 280,000-350,000. You save RM 300,000-370,000 while getting the same digging capacity.

Used Excavator Age Limits: What Can You Finance?

We finance excavators up to 10 years old. Here’s what to expect at each age range:

Category 1: 0-3 Years Old (Best Terms)

Financing Terms:

• Down payment: 0-15% (0% deposit available with 100% financing)

• Interest rate: 5.5-7.5% per annum

• Loan tenure: 5-7 years

• Approval rate: 90-high approval rate

Why Easy Approval:

• Machines are modern and reliable

• High resale value protects lender

• Usually under manufacturer warranty

• Lower breakdown risk

• Strong market demand if repossessed

Equipment Condition:

• Engine hours: 1,500-4,000 hours

• Hydraulic system: Like new, minimal wear

• Undercarriage: 60-80% remaining life

• Major components: No replacements needed

• Maintenance: Regular servicing, documented records

Best For:

• Businesses needing reliable daily operations

• Long-term projects (3+ years)

• First-time excavator owners

• Companies with tight operating margins

Category 2: 3-5 Years Old (Moderate Terms)

Financing Terms:

• Down payment: 10-20%

• Interest rate: 7.0-8.5% per annum

• Loan tenure: 4-6 years

• Approval rate: 80-90%

Why Still Good:

• Machines proven reliable over time

• Major depreciation already occurred

• Good resale value remains

• Inspection required but usually passes

• Parts readily available

Equipment Condition:

• Engine hours: 4,000-6,000 hours

• Hydraulic system: Good condition, some seal replacements

• Undercarriage: 40-60% remaining life

• Major components: Possible minor repairs

• Maintenance: Service history important

Best For:

• Experienced operators who maintain equipment well

• Medium-term projects (2-3 years)

• Companies with backup equipment

• Businesses seeking value balance

Category 3: 5-8 Years Old (Stricter Requirements)

Financing Terms:

• Down payment: 15-25%

• Interest rate: 8.0-9.0% per annum

• Loan tenure: 3-5 years

• Approval rate: 70-80%

Why More Challenging:

• Higher maintenance costs expected

• Major component replacements likely needed soon

• Lower resale value

• Mandatory professional inspection

• Some brands harder to approve

Equipment Condition:

• Engine hours: 6,000-8,000 hours

• Hydraulic system: Seals and hoses may need replacement

• Undercarriage: 30-40% remaining, budget for replacement

• Major components: Engine or hydraulic pump may need rebuild

• Maintenance: Complete service history essential

Best For:

• Companies with in-house mechanics

• Short-term projects (1-2 years)

• Businesses buying multiple units

• Experienced operators who can evaluate condition

Category 4: 8-10 Years Old (Most Difficult)

Financing Terms:

• Down payment: 20-30%

• Interest rate: 9.0-9.5% per annum

• Loan tenure: 2-4 years

• Approval rate: 60-70%

Why Difficult:

• High breakdown risk

• Major overhauls likely needed

• Very low resale value

• Lenders want shorter loan periods

• Only premium brands accepted (Caterpillar, Komatsu, Hitachi)

Equipment Condition:

• Engine hours: 8,000-10,000+ hours

• Hydraulic system: Major servicing or replacement needed

• Undercarriage: Replacement likely required (RM 30,000-60,000)

• Major components: Engine rebuild or replacement probable

• Maintenance: Must have exceptional records

Best For:

• Businesses with mechanical expertise

• Very short-term use (under 2 years)

• Companies planning to rebuild/refurbish

• Experienced contractors who know exactly what they’re buying

IMPORTANT: We finance excavators up to 10 years old with 0% deposit available for qualified applicants. Banks typically stop at 5 years and require 20-30% deposit. This gives you access to affordable equipment that banks reject.

0% Deposit Financing: Get 100% Loan for Used Excavators

Unlike traditional banks, we offer 0% deposit with 100% financing for approved applicants:

Who Qualifies for 0% Deposit?

Business Requirements:

• Operating for 2+ years with consistent revenue

• Good payment history on existing loans

• Stable contracts or client base

• Strong cash flow demonstrated

Equipment Requirements:

• Excavator must be 0-5 years old

• Premium brands preferred (Caterpillar, Komatsu, Hitachi, Kobelco)

• Good condition verified through inspection

• Clear ownership documents

Financial Requirements:

• Credit score 680+ (good standing)

• Debt service ratio under 50%

• Regular business income proven through bank statements

• No recent defaults or bankruptcies

Alternative: Low Deposit Options

If you don’t qualify for 0% deposit:

• 10% deposit: Excavators 0-3 years old

• 15% deposit: Excavators 3-5 years old

• 20% deposit: Excavators 5-8 years old

• 25-30% deposit: Excavators 8-10 years old

Example: 0% Deposit Financing

Used Caterpillar 320D (4 years old) Purchase price: RM 320,000 Down payment: RM 0 (0% deposit) Loan amount: RM 320,000 (100% financing) Interest rate: 7.5% per annum Tenure: 60 months

Monthly payment: RM 6,380 Total interest: RM 62,800 Total payment: RM 382,800 Compare to 20% Deposit:

• Down payment saved: RM 64,000

• Keep cash for operations, repairs, fuel

• Start earning immediately without large upfront cost

How Used Excavator Valuation Works

Lenders evaluate used excavators based on several factors:

1. Brand and Model Reputation

Tier 1: Premium Brands (Easiest Approval)

Caterpillar:

• Resale Value: Excellent (holds 50-60% after 5 years)

• Approval Rate: high approval rate

• Why Preferred: Global reputation, parts availability, strong demand

• Popular Models: CAT 320, 312, 325, 330

Komatsu:

• Resale Value: Excellent (holds 50-55% after 5 years)

• Approval Rate: high approval rate

• Why Preferred: Reliable, fuel-efficient, easy maintenance

• Popular Models: PC200, PC300, PC350

Hitachi:

• Resale Value: Very Good (holds 45-50% after 5 years)

• Approval Rate: 90%

• Why Preferred: Durable, good hydraulic systems

• Popular Models: ZX200, ZX300, ZX350

Kobelco:

• Resale Value: Very Good (holds 45-50% after 5 years)

• Approval Rate: 90%

• Why Preferred: Advanced technology, fuel efficiency

• Popular Models: SK200, SK250, SK350

Tier 2: Good Brands (Moderate Approval)

Hyundai:

• Resale Value: Good (holds 40-45% after 5 years)

• Approval Rate: 80-85%

• Why Acceptable: Reliable Korean brand, competitive pricing

• Popular Models: R220, R290, R320

Doosan:

• Resale Value: Good (holds 40-45% after 5 years)

• Approval Rate: 80-85%

• Why Acceptable: Good performance, reasonable parts cost

• Popular Models: DX225, DX300, DX340

Tier 3: Budget Brands (Selective Approval)

SANY:

• Resale Value: Moderate (holds 30-35% after 5 years)

• Approval Rate: 60-70%

• Why Challenging: Chinese brand, lower resale demand

• Popular Models: SY215, SY235, SY365

• Age Limit: Usually up to 5 years only

XCMG:

• Resale Value: Moderate (holds 30-35% after 5 years)

• Approval Rate: 60-70%

• Why Challenging: Limited service network in Malaysia

• Popular Models: XE215, XE270, XE370

• Age Limit: Usually up to 5 years only

2. Equipment Condition Assessment

Engine and Drivetrain (40% of value):

• Engine hours vs age (under 1,000 hours/year is excellent)

• Compression test results

• Oil analysis (metal contamination check)

• Turbocharger condition

• Coolant system integrity

• No major leaks or burning oil

Hydraulic System (30% of value):

• Pump performance and pressure test

• Cylinder seal condition (no leaks)

• Control valve functionality

• Hose condition and age

• Hydraulic oil quality

• Swing motor and travel motor condition

Undercarriage (20% of value):

• Track wear percentage (40%+ remaining preferred)

• Sprocket teeth condition

• Roller and idler wear

• Track tension system

• Track pad thickness

• Frame and link condition

Structure and Cab (10% of value):

• Boom and arm integrity (no cracks)

• Bucket condition and teeth

• Cab condition (glass, seat, controls)

• Counterweight secure

• Paint and appearance

• Safety features working

3. Maintenance History

What We Look For:

• Regular service records (every 250-500 hours)

• Major component replacements documented

• Genuine parts vs aftermarket parts used

• Authorized service center vs roadside mechanics

• Recent major service completed

• No history of major accidents or rollovers

Red Flags:

• No service records available

• Irregular maintenance intervals

• Multiple hydraulic pump replacements

• Engine rebuild at low hours (indicates abuse)

• Accident damage repairs

• Flood damage history

4. Market Demand

High Demand (Easy to Finance):

• 20-ton class excavators (CAT 320, Komatsu PC200)

• Standard swing radius models

• Diesel engine (not electric/hybrid)

• Common attachments included

• Clean inspection report

Lower Demand (Harder to Finance):

• Very large excavators (50+ tons) - limited buyers

• Specialty machines (long reach, demolition spec)

• Rare brands or discontinued models

• Machines requiring expensive repairs

• Located in remote areas

Interest Rates for Used Excavators

Rates vary based on equipment age and condition:

Rate Structure by Age

0-3 Years Old:

• Best rate: 5.5-6.5% per annum

• Average rate: 6.5-7.5% per annum

• Based on brand, condition, and your credit profile

3-5 Years Old:

• Best rate: 7.0-7.5% per annum

• Average rate: 7.5-8.5% per annum

• Inspection report affects final rate

5-8 Years Old:

• Best rate: 8.0-8.5% per annum

• Average rate: 8.5-9.0% per annum

• Maintenance records improve rate

8-10 Years Old:

• Best rate: 9.0-9.5% per annum

• Average rate: 9.5-10.0% per annum

• Premium brands only (CAT, Komatsu)

What Affects Your Rate?

Factors That Lower Your Rate:

• Premium brand (Caterpillar, Komatsu, Hitachi)

• Low engine hours for age (under 1,000 hrs/year)

• Complete maintenance records

• Recent major service completed

• Good business credit history

• Strong financial statements

• Higher down payment offered

• Shorter loan tenure chosen

Factors That Increase Your Rate:

• Budget brand (SANY, XCMG)

• High engine hours (over 1,500 hrs/year)

• Missing service records

• Major repairs needed

• Poor credit history

• New business (under 2 years)

• Maximum tenure requested

• Minimum down payment

Example Calculation:

Used Komatsu PC200 (6 years old) Purchase price: RM 180,000 Engine hours: 6,800 hours Condition: Good (recent service)

Down payment: RM 36,000 (20%) Loan amount: RM 144,000 Interest rate: 8.5% per annum Tenure: 48 months

Monthly payment: RM 3,540 Total interest: RM 25,920 Total payment: RM 169,920

What to Check Before Buying a Used Excavator

Don’t buy without checking these critical areas:

Visual Inspection Checklist

Exterior:

• Check for structural cracks (boom, arm, chassis)

• Inspect for major accident damage or repairs

• Look for excessive rust (especially pivot points)

• Verify all safety decals present

• Check counterweight secure and not cracked

• Inspect track condition and wear patterns

Engine Bay:

• Check for oil leaks (engine, hydraulic pump)

• Inspect coolant level and color

• Look for fuel leaks or diesel smell

• Check battery condition and connections

• Verify air filter cleanliness

• Look for missing or loose components

Hydraulic System:

• Inspect all hydraulic hoses for cracks/wear

• Check cylinder rods for scoring or pitting

• Look for hydraulic fluid leaks

• Test all functions (boom, arm, bucket, swing, travel)

• Listen for unusual pump noises

• Check hydraulic oil color (should be clear, not black)

Undercarriage:

• Measure track pad thickness (min 30mm)

• Check sprocket teeth for wear

• Inspect rollers for leaking oil

• Verify track tension is adjustable

• Look for cracked or broken links

• Check for bent or damaged track frames

Operational Testing

Cold Start Test:

• Engine should start within 10 seconds

• No excessive white or black smoke

• No unusual knocking or rattling sounds

• Oil pressure builds quickly

• All gauges working

Warm Operation Test:

• All hydraulic functions smooth and powerful

• No jerky movements or slow response

• Swing function operates in both directions

• Travel motors work smoothly

• No unusual vibrations

Load Test:

• Dig into hard ground (test full breakout force)

• Lift heavy load with boom fully extended

• Perform full swing with loaded bucket

• Test all movements under load

• Check for hydraulic system overheating

Documentation Review

Ownership Documents:

• Original vehicle registration (geran)

• If company-owned: SSM + authorization letter

• If individual-owned: IC of seller

• Transfer forms ready to sign

• No outstanding loans or liens (check JPJ)

Service Records:

• Service book or maintenance logs

• Major component replacement receipts

• Hydraulic oil change records

• Filter replacement history

• Recent inspection reports

Purchase History:

• Original purchase invoice (if available)

• Import documents (if imported used)

• Previous owner contact (for reference)

• Reason for selling (genuine or red flag?)

Common Issues to Avoid

Automatic Rejection:

• Cracked boom or arm (structural failure)

• Major engine problems (burning oil, no compression)

• Hydraulic pump failure (expensive replacement)

• Severe undercarriage wear (over 70% worn)

• Flood damage or submersion history

• Rolled over or major accident

Negotiate Price Down:

• Minor hydraulic leaks (RM 2,000-5,000 to fix)

• Worn track pads (RM 8,000-15,000 replacement)

• Cab damage or worn seat (RM 3,000-8,000)

• Old hydraulic hoses (RM 5,000-10,000 full set)

• Missing or broken attachments

• Cosmetic damage (rust, dents, faded paint)

Pro Tip: Hire a professional inspector (RM 800-1,500) before committing. Their report is required for financing anyway, and it can save you RM 20,000-50,000 by identifying hidden problems.

Approval Process for Used Excavator Financing

Here’s what happens after you apply:

Step 1: Initial Application (Day 1)

What You Do:

• Contact us via WhatsApp (+60 17-570 0889)

• Share excavator details (brand, model, year, hours, price)

• Send 5-10 photos (all angles, engine, undercarriage)

• Provide seller information

What We Do:

• Review photos for obvious issues

• Check if equipment qualifies (age, brand, condition)

• Provide preliminary assessment

• Estimate down payment and interest rate

• Request document list

Timeline: 1-2 hours (during business hours)

Step 2: Document Submission (Day 1-2)

What You Do:

• Submit business documents (SSM, bank statements)

• Provide personal documents (IC, financial records)

• Share excavator documents (geran, service records)

• Complete application form

What We Do:

• Verify business registration and legitimacy

• Review financial capacity

• Check credit history (CCRIS/CTOS)

• Assess equipment market value

• Calculate debt service ratio

Timeline: 4-6 hours

Step 3: Equipment Inspection (Day 2-3)

What You Do:

• Schedule inspection appointment

• Make excavator available for inspector

• Provide access to start and operate machine

• Share any additional maintenance records

What We Do:

• Send certified inspector to location

• Conduct comprehensive 60-90 minute inspection

• Test all operational functions

• Generate detailed report with photos

• Estimate repair costs for any issues found

Inspection Cost: RM 800-1,500 (depends on location)

Timeline: 1-2 days (depending on location and availability)

Step 4: Valuation and Approval (Day 3-4)

What You Do:

• Wait for our decision

• Review loan offer when ready

• Ask questions about terms

What We Do:

• Review inspection report thoroughly

• Determine equipment market value

• Calculate loan terms based on condition

• Make final approval decision

• Prepare loan offer letter

Timeline: 2-4 hours after receiving inspection report

Step 5: Agreement Signing (Day 4-5)

What You Do:

• Review hire purchase agreement

• Understand all terms and conditions

• Sign agreement (in person or digitally)

• Arrange comprehensive insurance

• Provide post-dated cheques (if required)

What We Do:

• Prepare all legal documents

• Explain terms clearly

• Arrange signing appointment

• Coordinate with insurance provider

• Verify final purchase details

Timeline: 1 day

Step 6: Disbursement (Day 5-7)

What You Do:

• Pay down payment to us

• Complete ownership transfer process

• Collect excavator from seller

• Activate insurance coverage

What We Do:

• Transfer loan amount to seller

• Register our interest (lien) if applicable

• Verify ownership transfer complete

• Start monthly installment schedule

Timeline: 1-2 days after signing

Total Process: 5-7 days from application to operating your excavator.

Compare to Banks: Banks take 14-21 days and often reject used equipment over 5 years old.

Documents Needed for Used Excavator Financing

For Your Business

Company Documents:

• SSM registration certificate (Form 9, 24, or 49)

• Company bank statements (6 months)

• Directors’ IC copies

• Business address proof

• CIDB registration (for construction companies)

Financial Documents:

• Financial statements (last 2 years) - if available

• List of existing equipment and loans

• Current project contracts or awards

• EPF and SOCSO statements

• Income tax returns (helpful but not mandatory)

For the Excavator

Equipment Documents:

• Vehicle registration card (geran) - original

• Current road tax (if road-registered)

• Puspakom inspection (if recent)

• Service records and maintenance logs

• Purchase invoice or sales agreement

• Import permit (if imported used machine)

Seller Documents:

• Seller’s IC (individual) or SSM (company)

• Seller’s bank account details

• Authorization letter (if company-owned)

• Proof of clear ownership (no outstanding loans)

For Directors/Owners

Personal Documents:

• IC (identity card) - front and back

• Personal bank statements (3-6 months)

• Income proof (EA form, contracts)

• Home address proof (utility bill)

• CCRIS report (we can check for you)

Optional But Helpful

Strengthen Your Application:

• Photos of current fleet (proves experience)

• Mechanic certification or experience

• Client testimonials or contracts

• Workshop or yard rental agreement

• Insurance policies on other equipment

• Training certificates for operators

Real Example: Financing a Used Caterpillar

Let’s see a real scenario:

Customer Profile:

• Name: Ahmad (construction contractor)

• Business: 4 years operating, specializing in earthwork

• Credit Score: 670 (acceptable)

• Location: Rawang, Selangor

• Current Fleet: 1 bulldozer, 2 lorries

Excavator Details:

• Model: Caterpillar 320D2 (medium hydraulic excavator)

• Year: 2019 (7 years old)

• Engine Hours: 7,200 hours

• Condition: Good (regular maintenance, no major issues)

• Seller: Private seller (contractor retiring)

• Purchase Price: RM 240,000

Inspection Findings:

• Engine: Good condition, recent oil change

• Hydraulic system: Minor seal leak (RM 1,200 to repair)

• Undercarriage: 35% remaining (replacement needed in 1-2 years)

• Structure: No cracks, good condition

• Overall: Approved with minor repairs required

Financing Structure:

Purchase Price: RM 240,000 Repair Costs: RM 1,200 (seller agreed to fix before sale) Total Value: RM 240,000

Down Payment (20%): RM 48,000 Loan Amount: RM 192,000 Interest Rate: 8.5% per annum Tenure: 48 months

Monthly Payment: RM 4,720 Total Interest: RM 34,560 Total Payment: RM 226,560 Process Timeline:

• Day 1: Ahmad contacted us, sent excavator photos

• Day 1: We provided estimate (20% down, 8.5% rate)

• Day 2: Ahmad submitted all documents

• Day 3: Inspector checked excavator in Rawang (RM 1,000)

• Day 3: Minor issues found, seller agreed to repair

• Day 4: Approved after repairs confirmed

• Day 5: Ahmad signed agreement at our Klang office

• Day 6: Down payment paid, repairs completed

• Day 7: We paid seller, Ahmad collected excavator

Business Impact:

• Revenue Generated: RM 18,000-22,000 monthly (earthwork contracts)

• Operating Costs: RM 6,000 (fuel, operator, maintenance)

• Loan Payment: RM 4,720

• Net Profit: RM 7,280-11,280 monthly

• ROI: Loan paid off in 4 years, excavator continues earning

Ahmad’s business grew 40% after acquiring this excavator. He took on larger contracts requiring his own equipment instead of renting.

Frequently Asked Questions

Can I finance an excavator with high engine hours?

Answer: Yes, but it depends on the brand and maintenance. Caterpillar and Komatsu excavators with 8,000-10,000 hours can still be financed if:

• Complete service records available

• No major component failures

• Recent major service completed

• Inspection passes our standards

• Higher down payment (25-30%)

Some Chinese brands are rejected above 6,000 hours due to reliability concerns.

What if the excavator needs repairs before disbursement?

Answer: We have three options:

• Seller repairs before purchase (best option)

• Escrow disbursement: We hold back 10-20% until repairs complete

• Accept as-is with price reduction (you do repairs after)

For repairs under RM 5,000, option 1 is easiest. For major repairs (RM 10,000+), negotiate price reduction.

Can I trade in my old excavator?

Answer: Yes! Trade-in process:

• We evaluate your current excavator

• Determine trade-in value based on condition

• Trade-in value becomes your down payment

• You finance the difference

Example:

• New excavator: RM 280,000

• Your trade-in value: RM 80,000

• Down payment needed: RM 0 (trade-in covers it)

• Finance amount: RM 200,000

This works well if your old excavator is well-maintained.

Do you finance excavators from auction sales?

Answer: Yes, but with conditions:

• Inspection is mandatory (no exceptions)

• Down payment: 30-40% (higher risk)

• Interest rate: +1-2% higher than normal

• Age limit: 7 years maximum

• Premium brands only (CAT, Komatsu, Hitachi)

Auction excavators often have unknown history, so we’re more cautious. If inspection passes and brand is good, approval is possible.

Can I get financing if my business is new (under 2 years)?

Answer: Possible but challenging. Requirements:

• Strong personal credit score (700+)

• Higher down payment (25-30%)

• Personal guarantee from owner

• Evidence of contracts or revenue

• Relevant industry experience

Many contractors start as sole proprietors before incorporating. We look at your personal background, not just company age.

What happens if I want to sell the excavator before loan is paid off?

Answer: Two options:

Option 1: Buyer pays off your loan

• Buyer pays us outstanding balance directly

• Pays you the difference (equity)

• We release our interest/lien

• Ownership transfers to buyer

Option 2: You settle loan first

• You pay us full outstanding balance

• We release interest/lien

• You sell excavator freely

• No early settlement penalty

Most buyers prefer Option 1 for smooth process.

Can I refinance my existing used excavator loan for better terms?

Answer: Yes! Refinancing requirements:

• Current loan must be 12+ months old

• Excavator must be under 10 years old

• Good payment history (no late payments)

• Excavator in good condition

Benefits of refinancing:

• Lower interest rate (save RM 10,000-30,000)

• Extend tenure (reduce monthly payment)

• Cash-out equity (for repairs or new equipment)

Many customers refinance after 2-3 years when rates drop or business improves.

Compare: Used vs New Excavator Financing

Still deciding between used and new? Here’s the comparison:

Used Excavator (5-7 Years Old)

Advantages:

• Lower purchase price (40-60% cheaper)

• Smaller down payment amount (RM 40K vs RM 120K)

• Immediate availability (no waiting)

• Proven reliability (track record established)

• Lower total depreciation over ownership

• Easier to upgrade later (less capital tied up)

Disadvantages:

• Higher interest rate (8-9% vs 5-6%)

• More maintenance needed (RM 3,000-6,000 monthly)

• Shorter loan tenure (3-5 years vs 5-7 years)

• Risk of major repairs (engine, hydraulic pump)

• No warranty (unless dealer provides)

• Older technology (less fuel efficient)

Best For:

• New construction businesses

• Companies testing new market segments

• Short-term projects (1-3 years)

• Experienced operators who can maintain equipment

• Businesses needing multiple machines (buy 2 used vs 1 new)

New Excavator

Advantages:

• Lower interest rate (5-7% vs 8-9%)

• Manufacturer warranty (2-3 years)

• Latest technology (fuel efficiency, safety features)

• Lower maintenance (first 3-5 years)

• Longer loan tenure (up to 7 years)

• Better tax benefits (capital allowance)

Disadvantages:

• Very high purchase price (RM 500K-800K)

• Large down payment (RM 50K-150K)

• 4-8 month waiting period

• Heavy depreciation (25-30% first year)

• More capital tied up

• Slower ROI due to higher cost

Best For:

• Established businesses with cash reserves

• Long-term contracts (5+ years guaranteed)

• Companies needing latest emission standards

• Businesses with good tax planning (maximize allowances)

• Operators without maintenance capabilities

Our Recommendation:

If budget is tight: Buy used 5-7 years old (best value) If budget is moderate: Buy used 3-5 years old (balance of reliability and cost) If budget is strong: Buy new only if long-term contracts justify higher cost

Ready to Finance Your Used Excavator?

We make used excavator financing simple and fast:

Our Advantages

Age Flexibility:

• Finance excavators up to 10 years old

• Banks stop at 5 years maximum

• More choices for your budget

• Access to quality equipment others reject

0% Deposit Available:

• 100% financing for qualified applicants

• No upfront capital needed

• Start earning immediately

• Keep cash for operations and repairs

Fast Approval:

• 2-3 business days typical approval

• Much faster than traditional banks

• Fast decision after inspection

• Minimal documentation required

All Brands Accepted:

• Premium brands: Caterpillar, Komatsu, Hitachi, Kobelco

• Mid-tier brands: Hyundai, Doosan, Volvo

• Budget brands: SANY, XCMG (case-by-case)

• Private sellers or dealers

How to Apply

Option 1: WhatsApp (Fastest)

• Message: +60 17-570 0889

• Share excavator details and photos

• Get instant preliminary assessment

• Available in English, Malay, Chinese

Option 2: Phone Call

• Call: +603-3362 1588

• Speak with financing specialist

• Discuss your requirements

• Get immediate guidance

Option 3: Email

• Email: info@inghengcredit.com

• Attach excavator photos and documents

• Receive response within 4 hours

Option 4: Walk-In

• Visit: 47A, Jalan Raya Timur, Klang

• Bring excavator details and documents

• Face-to-face consultation

• Same-day preliminary approval possible

What to Prepare

Before Contacting Us:

• Excavator photos (minimum 5-10 photos):

• Front, rear, both sides

• Engine compartment

• Undercarriage and tracks

• Cab interior and controls

• Hour meter reading

• Basic details (brand, model, year, hours, price)

• Your business information (type, years operating)

• Contact number and preferred language

We’ll Guide You On:

• Exact documents needed for your situation

• Professional inspection arrangement

• Down payment amount (or 0% deposit eligibility)

• Interest rate estimate based on equipment

• Monthly payment calculation

• Approval timeline

Next Steps

• Contact us today - Share your used excavator details

• Get instant estimate - Down payment, rate, monthly payment

• Schedule inspection - We arrange professional assessment

• Receive approval - Fast decision after inspection passes

• Sign agreement - Clear terms, no hidden fees

• Get your excavator - Start earning within 1 week

Don’t let limited capital stop you. Finance used excavators up to 10 years old with 0% deposit available. Get approved today.

Contact Ing Heng Credit & Leasing:

• WhatsApp: +60 17-570 0889 (Fast response)

• Phone: +603-3362 1588

• Email: info@inghengcredit.com

• Website: www.inghengcredit.com

• Location: 47A, Jalan Raya Timur, Taman Rashna, 41200 Klang, Selangor

• Languages: English | Bahasa Malaysia | 中文

Operating Hours:

• Monday - Friday: 9:00 AM - 6:00 PM

• Saturday: 9:00 AM - 1:00 PM

• Sunday: Closed (WhatsApp available 24/7)

Finance your used excavator today. 0% deposit available. Up to 10 years old accepted. Fast approval process.

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Contact us today for fast financing approval. 95% approval rate, competitive rates from 2.88% p.a.

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