# Asphalt & Paving

Canonical URL: https://fundmyequipment.com/equipment/asphalt-and-paving/
Last modified: 2026-05-29T19:39:17+00:00
Type: efin_category

## Summary

Equipment financing for Asphalt & Paving. 21 equipment types covered, across the category.

## Content

Asphalt & Paving equipment financing covers loans, leases, and equipment finance agreements (EFAs) for businesses purchasing equipment in the asphalt & paving category. We finance new and used equipment across all major brands, with rate ranges driven by credit tier, asset price, and equipment type.What we cover in Asphalt & PavingThis category includes 1 equipment types, representing about 35,090 monthly searches. Common items include Road Wideners.Asset prices in this category range from $350,000 to $350,000+, depending on the specific equipment, age, and configuration. We finance new equipment up to 100% of cost (excellent credit) and used equipment up to 80% of appraised value, with terms matched to the equipment's useful life.Typical financing structure for asphalt & paving equipmentCredit tierAPR rangeTermDown paymentExcellent (720+)6.9-9.9%60-84 mo0-10%Good (680-719)9.9-13.9%48-72 mo5-15%Fair (640-679)13.9-17.9%36-60 mo10-20%Challenged (below 640)17.9-24.9%24-48 mo15-30%Rate ranges as of May 2026, blended across our partner-lender network. Your actual rate depends on credit, equipment, term, and lender. See methodology.How asphalt & paving equipment financing worksApply for soft-pull pre-qualification. Tell us what you're buying, asset price, business basics, credit profile.Get matched to a partner lender that specializes in asphalt & paving equipment and your credit tier.Receive an indicative quote with rate, term, and structure within hours.Move to full underwriting if you accept the quote. Hard pull, financials review, equipment verification.Sign and fund. Most asphalt & paving deals fund within 1-7 business days.Common questions about asphalt & paving equipment financingCan I finance used asphalt & paving equipment?Yes. Most lenders finance used equipment up to 10-15 years old at maturity, with 80-90% LTV based on appraised value. Sometimes a third-party inspection is required for deals over $25K.What credit score do I need?Excellent rates require 720+ FICO. Sub-prime equipment lenders accept down to 580 with compensating factors (revenue, down payment, time in business). See our credit tier guide.Does asphalt & paving equipment qualify for Section 179?Almost all business equipment qualifies for Section 179 deduction up to $1.22M (2026 cap). Financed equipment qualifies in the year placed in service. See our Section 179 guide.How long does approval take?Small-ticket equipment (under $50K) funds in 1-3 business days. Mid-ticket ($50K-$500K) in 3-7 days. Large-ticket ($500K+) in 1-3 weeks.