Paving Equipment Financing

Finance asphalt pavers, milling machines and distributor trucks with seasonal payments that skip the months a northern paving crew cannot work. Representative example: a $400,000 paving equipment runs about $7,600/month.*

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The Paving equipment Reality

Paving is the most seasonal trade in construction. A crew north of the Ohio River earns in about seven months and pays for its iron in twelve, which means five months a year of paying for a paver parked in the yard. Seasonal and skip-payment structures exist for exactly this asset — the payment is heavier while the plant is hot and light or absent when it isn't.

Built for This Asset

Structures priced by people who know what a paving equipment earns and how it holds value — not a generic credit box.

Construction Expertise

Part of our Construction vertical: payment structures matched to how this industry's revenue actually arrives.

Backed by $1B

A $1B forward flow agreement with TPG gives Elevex institutional capital strength with entrepreneurial speed.

What We Finance

Asphalt pavers, tracked and wheeled
Milling machines and cold planers
Asphalt distributors and tack trucks
Screeds and material transfer vehicles
Sealcoating and crack-seal rigs
Used pavers and auction-purchased mills

Payment Structures

The differentiation: four ways to own the same equipment, engineered to your cash flow. Compare them side by side on our structures page.

Operating Lease

Off-balance-sheet treatment with end-of-term flexibility — return, renew, or purchase. Often the right answer when technology cycles or accounting outcomes drive the decision.

$1 Buyout Lease

Own the equipment for one dollar at term end. Fixed payments, full Section 179 eligibility, and a clean path to ownership.

Seasonal & Step Payments

Payments that follow your revenue curve — lighter in slow months, heavier in peak season, or stepping up as new equipment ramps to full production.

Usage-Based & As-a-Service

Payments tied to hours, output, or consumption. The category Elevex is defining: pay for what equipment achieves, not what it costs.

Learn more about financing structures

How It Works

Three steps from quote to funded.

1 · Apply in Minutes

Application-only to $1,000,000 — no tax returns or financials below that threshold. Have your equipment quote, auction listing, or build spec ready.

2 · Structure Together

A finance professional (not a portal) walks the structure options — term, seasonality, end-of-term — and prices the deal to your cash flow.

3 · Fund in 24–48 Hours

Most transactions fund within 24–48 hours of signed documents. Your vendor gets paid; you get to work.

Common Questions

Can paving payments skip the winter?

Yes. Seasonal structures concentrate payments in the paving season and drop to a reduced payment or none in the off-season. Total cost reflects it, but cash flow matches the work.

Can I finance a milling machine bought at auction?

Yes — auction, dealer or private sale. Auction purchases move fast, so tell us before the sale and we can have approval in hand for the bidding.

Can I finance a used paving equipment?

Yes — used paving equipment financing is standard business, whether the unit comes from a dealer, an auction, or a private seller. We value working assets on condition and remaining service life, not a blanket age cutoff, and set terms the equipment can actually support.

Does a paving equipment qualify for Section 179?

Most business-use equipment placed in service this tax year qualifies for Section 179 expensing, financed or purchased outright — often meaning the first-year deduction outruns your first-year payments. Run your numbers on our Section 179 calculator and confirm specifics with your tax advisor.

How fast can paving equipment financing close?

Application-only decisions to $1,000,000 come back in minutes for qualified credits, and most deals fund within 24–48 hours of signed documents. Apply online with your quote to start.

Ready to finance your paving equipment?

Payments built on outcomes, from the team that knows your industry. Equipment sellers: offer financing at the point of sale with CapVex.

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