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

Why Buy a Used Excavator Instead of New?

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.

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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.

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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

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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

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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

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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.

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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.

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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

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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.

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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:

1. Seller repairs before purchase (best option)
2. Escrow disbursement: We hold back 10-20% until repairs complete
3. 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.

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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

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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:

1. Excavator photos (minimum 5-10 photos):
   • Front, rear, both sides
   • Engine compartment
   • Undercarriage and tracks
   • Cab interior and controls
   • Hour meter reading
2. Basic details (brand, model, year, hours, price)
3. Your business information (type, years operating)
4. 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

1. Contact us today - Share your used excavator details
2. Get instant estimate - Down payment, rate, monthly payment
3. Schedule inspection - We arrange professional assessment
4. Receive approval - Fast decision after inspection passes
5. Sign agreement - Clear terms, no hidden fees
6. 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.

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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.