Bobcat financing

Lai A

I can’t speak highly enough of the service I received from Swoop, and in particular James Good. I first spoke to James on the Monday and the funds were in my account by Thursday. For any business owner who knows how slow funding processes usually are, that speed speaks for itself. What stood out just as much was how James worked. I had a lot of questions along the way, including some detailed ones about the loan terms, and he answered every single one properly and quickly, never once making me feel rushed or pressured. There was no pushiness at all, just clear guidance on what was needed and honest answers when I asked for them. By the end it genuinely felt like he was an extended part of my team rather than a broker on the other side of the table. The whole process was smooth, the communication was constant, and the outcome was exactly what was promised. Incredible service. I wouldn’t hesitate to use Swoop again and I’d recommend James to any business looking for funding.

Jul 9, 2026

James

I can't recommend Francis highly enough. From start to finish, he was professional, proactive and genuinely committed to finding a solution. My circumstances weren't straightforward, but he never gave up. He explored every available option, kept me updated throughout, and was always honest about where things stood. What really stood out was his persistence. Rather than accepting the first "no", he continued working behind the scenes, speaking with lenders and finding an alternative route that ultimately resulted in a successful outcome. If you're looking for someone who is knowledgeable, responsive and genuinely invested in helping his clients, I wouldn't hesitate to recommend Francis. Thanks again for all your hard work and support.

Jul 3, 2026

Anthony Obi

I recently had reason to uses the services of SWOOP and found them to be most effective in sourcing and executing the required funding for my business. I particularly had great pleasure in dealing with Gareth Thompson the agent assigned to my case. I cannot recommend them highly enough especially the customer service.

Jun 29, 2026

Mark Lancaster

Working with Gareth Thompson at Swoop Funding has been nothing short of exceptional. From the outset, Gareth demonstrated an outstanding level of professionalism, precision, and commitment to supporting our application. His attention to detail was second to none, ensuring every aspect was managed thoroughly and efficiently. What truly stood out was his responsiveness immediate, proactive, and always solution-focused. In situations where timing and clarity are critical, Gareth consistently delivered beyond expectations. In all my years of dealing with financial services and customer support, I can confidently say his service ranks above the highest standards of customer excellence. His ability to combine expertise with genuine care for the client journey is rare. If every business had someone like Gareth managing their funding process, the experience would be transformational. A true asset to Swoop Funding and a benchmark for what world-class customer service should look like.

Jun 25, 2026

Joe Clark

Swoop has been excellent to work with and has played a major role in helping us secure funding for our business - Thrive Protein. Rather than spending countless hours approaching lenders individually, Swoop brought multiple funding options directly to us and helped simplify the entire process. Their support has saved us a huge amount of time and has helped us access the capital needed to continue scaling our business. I would highly recommend Swoop to any business looking for efficient, professional support in exploring funding opportunities.

May 27, 2026

Seamus

Really great company. Alex was brilliant. Very understanding to what my goals were and sourced me the perfect product. Will definitely deal with him again in the future

Apr 28, 2026

S O Kane

First class service. Alex has been so helpful and knowledgeable in understanding my goals. Will definitely be using for future projects

Apr 28, 2026

Umar Javed

Dino Federico is the man to deal with. His colleague Harvey initially contacted me so credit to him aswell and Harvey got the lending over the line. Great communication, everything was clear and funding was approved within a very quick timeframe!

Apr 23, 2026

Fari Fari

I highly recommend Lucas for the sterling work he did on our behalf as per our instructions.

Apr 23, 2026

Siraj Lebbe

Swoop team were very helpful. & very quick service.

Apr 11, 2026

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Page written by Chris Godfrey. Last reviewed on February 16, 2026. Next review due April 6, 2027.

In construction, land management, forestry, farming, landscaping and many other heavy-duty industries, getting the job done right and on time is often reliant on the quality of your machinery and equipment. Bobcats are the versatile, go-anywhere, work-anytime machines of choice for many UK businesses and these vehicles can come in all shapes and sizes, with price tags to match – typically ranging from £20,000 to well over £100,000.

With prices like this, it’s clear that buying a new or used bobcat for cash can put a serious dent in your working capital – which is why many businesses opt for bobcat financing – preferring to buy or lease the equipment over time and keep their cash on hand for other purposes.

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How much does bobcat equipment cost?

The prices of bobcat equipment vary according to the age and type of machinery you wish to buy. Typical prices include:

Steer skid loaders – £15,000 to £50,000
Mini track loaders – £20,000 to £30,000
All-wheel steer loaders – approximately £40,000
Bobcat excavators – start at around £100,000
Utility vehicles and compact tractors – £20,000 to £30,000
Telescopic handlers – £150,000 and upwards

What is bobcat equipment financing and leasing?

Bobcat financing and leasing refers to specialist business loans that can help organizations buy the equipment they need. This type of financing is more readily provided by online lenders than traditional banks and credit unions and it can be used to buy new or used machinery.

Why should I finance or lease my bobcat equipment?

Firstly, financing or leasing may be a more tax efficient way to obtain the bobcat you need. Secondly, because you’ll only need to make a down payment on the equipment, instead of covering the whole cost upfront, you may be able to buy or lease a better, more expensive and up to date bobcat than you could afford with cash.

What options for bobcat equipment financing and leasing are there?

If you can’t or don’t want to buy your bobcat with cash, you can obtain the machines you need with a business loan or an equipment lease.

Let’s compare these options:

Buy the bobcat with a business loan

All business loans for the purchase of bobcats work with the same basic format: You borrow a sum of cash and then repay it over time. Interest charges and fees are added to the principal amount you borrow. The lender may retain a lien on the equipment during the term of the loan. At contract end you’ve paid the loan back and you own the bobcat outright.

Advantages of business loans for bobcat equipment:

Regular repayments can improve your financial planning.
You own the equipment at contract end.
May allow you to buy better and a more expensive bobcat than buying with cash.

Disadvantages of business loans for bobcat equipment:

Some loans may require added collateral or a personal guarantee.
Interest rates on some business loans can be high
At contract end the bobcat may still need replacing or upgrading

Lease the equipment with a finance or operating lease

Leasing works differently from business loans. With a lease, you’re not buying the equipment, you’re taking out a long-term rental. Depending on the type of lease you choose, (finance lease or operating lease), you may have the option to buy the bobcat equipment at contract end for a pre-agreed sum, (which could be as low as £1 but is typically the residual value of the equipment – which means what it’s worth in used condition).

Because you are not repaying the whole cost of the bobcat, leasing usually requires lower monthly payments than a business loan. You may also pay a smaller down payment – perhaps equal to one or two month’s repayment instalments.

If you choose not to buy the equipment at the end of the lease, (or you have chosen an operating lease that forbids it), the bobcat and any included accessories go back to the lender. You would then need to take out a new lease and obtain a new bobcat. (Which could allow you to obtain more modern and up to date machinery).

Some lessors (lenders) may give you the option to extend the lease if you prefer to keep the bobcat but do not wish to pay the residual.

Advantages of leasing bobcat equipment:

Pay a lower monthly sum.
May pay a lower down payment.
Could allow you to obtain better and more expensive bobcat equipment than a business loan.
No added collateral required.
May have the option to buy the bobcat at contract end.

Disadvantages of leasing bobcat equipment:

May not own the equipment at contract end.
There may be restrictions on the types of bobcat you can lease.

Types of financing for bobcat equipment

Business loans to buy bobcats:

Equipment financing

The most common way to buy bobcats, equipment loans are ‘self-collateralising’ like auto loans – you use the bobcat as you pay for it, while the lender maintains a lien on the machinery. Once you pay the loan back, the lender releases the lien, and you own the bobcat outright. No added collateral is required.

Business term loan

The standard type of business loan. You receive a single, lump-sum cash injection and then pay it back in regular instalments, plus interest and any fees, over a fixed period of up to 25 years. Collateral may be required.

Business line of credit

This is a business loan that functions like a high-value credit card but comes with lower interest rates and fees. Withdraw as much as you want when you want from a loan facility up to the limit of your borrowing. You only pay interest on the sums you withdraw, not the whole line. This can significantly reduce your borrowing costs. Collateral may be required.

Invoice financing

Also known as account receivables financing, this type of loan allows you to borrow against the value of your unpaid invoices and is best for B2B organisations. The lender will usually provide up to 95% of the invoice value within a few days or even hours of the bill being raised. Your invoices act as security for the loan, no added collateral is required.

Leasing bobcat equipment:

Finance lease

A finance lease gives the lessee (you) the option to buy the bobcat at contract end. You provide a down payment and then pay a monthly rental sum to use the equipment during the contract period. At the end of the lease you can either pay the residual sum and own the bobcat, extend the lease and continue to rent, or give the bobcat back to the lessor. A finance lease may or may not include maintenance and servicing of the equipment. You will usually be responsible for the bobcat’s insurance.

Operating lease

An operating lease is a simple long-term rental agreement. There is no option to buy the bobcat at contract end. You provide a down payment and then pay a monthly rental sum to use the equipment. When the lease expires, the bobcat returns to the lessor. The lessor provides equipment maintenance and servicing, but you will usually be responsible for the bobcat’s insurance. An operating lease often comes with lower monthly payments than a finance lease.

What credit score do I need for bobcat financing?

You will typically need a “good” credit score to obtain financing to buy or lease a bobcat. Some lenders may offer funding to borrowers with scores in the mid-500s, but you should expect to pay a higher interest rate, borrow a smaller sum, and pay a larger down payment. As a rule of thumb, the more expensive the equipment you want to buy, and the more you need to borrow, the better your credit score needs to be.

Do I qualify for bobcat equipment financing and leasing?

Although every lender will have their own qualifying criteria, some fundamental rules apply. In most cases, lenders will need to see:

At least six months trading history.
Regular revenue stream.
Good business and personal credit scores.
Enough surplus working capital to meet the loan/lease repayments.

You will also usually need to provide bank statements, tax returns and other financial documentation. However, even if your credit score is weak and/or you’ve been turned down elsewhere, it may still be possible to get the bobcat equipment financing you need. To find out if you qualify before you apply, contact Swoop to discuss your funding needs with a finance expert.

How do I apply for bobcat equipment financing and leasing?

Interest rates and fees for bobcat financing can vary significantly, so it makes sense to shop around before settling on a lender. You can do this by approaching banks, credit unions and online lenders one by one, or you can use the services of a loan marketplace that will introduce you to a choice of bobcat loans from different lenders. Some marketplace platforms can also give you advice and help you with the application process. This can be especially useful for borrowers who have never taken out an equipment loan before.

Get started with Swoop's business funding platform

No matter if you’re seeking your first bobcat loan or you’re a seasoned borrower, working with business finance experts can make all the difference when applying for funding. Contact Swoop to discuss your borrowing needs, get help with your application and to compare high-quality bobcat equipment financing deals from a choice of lenders. Get your business the equipment it deserves. Register with Swoop today.

Written by

Chris Godfrey

Chris is a freelance copywriter and content creator. He has been active in the marketing, advertising, and publishing industries for more than twenty-five years. Writing for Barclays Bank, Metro Bank, Wells Fargo, ABN Amro, Quidco, Legal and General, Inshur Zego, AIG, Met Life, State Farm, Direct Line, insurers and pension funds, his words have appeared online and in print to inform, entertain and explain the complex world of consumer and business finance and insurance.

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