Colorado is one of the better states in the country to buy equipment in from a tax standpoint: it follows the full federal Section 179 and bonus depreciation, exempts most heavy trucks from state sales tax, and exempts farm tractors and manufacturing machinery. What it adds is altitude, a real winter, and the Special Mobile Machinery plate that Colorado puts on loaders and dozers.
We place Colorado files with lenders that fund on the Front Range, in the DJ Basin, and in the mountain towns: excavators for Denver-area site work, water trucks and skid steers for oil and gas services, tractors and balers on the eastern plains, and loaders and plow trucks for ski-country snow. Options in 24 to 48 hours on a soft inquiry.
Who we finance in Colorado
What is driving equipment demand in Colorado
- CDOT's I-70 Floyd Hill project has passed the halfway point and moved into bridge and roadway construction.
- Denver International Airport is building the $700 million Concourse C-West expansion and rebuilding Pena Boulevard.
- Data center proposals along the Front Range continue to move through approvals.
We work with businesses across Colorado, including Denver and Aurora, Colorado Springs, Fort Collins, Grand Junction, and Pueblo, and the rural counties in between.
Sales tax and income tax on equipment in Colorado
Tax rules change and depend on your facts. Confirm with your accountant before relying on any of this.
Trucks, trailers, and titling in Colorado
- Construction machinery such as loaders, dozers, backhoes, and graders must carry a Special Mobile Machinery plate and pay an annual specific ownership tax instead of personal property tax.
- Apportioned registration runs through the Colorado DMV.
Where Colorado buyers find equipment
We finance equipment from any dealer, auction, or private seller. Dealers and auctions our Colorado customers use include Wagner Equipment (Aurora, covering Colorado, New Mexico, and far west Texas). Get pre-approved before you go so the seller sees a buyer who can close.
Equipment we finance
Excavators · Dozers and loaders · Skid steers · Semi trucks · Trailers · Farm equipment · Cranes and lifts
About financing in Colorado
Equipment financing in Colorado is arranged through Land Tech Capital's network of third-party lenders and lessors. Land Tech Capital is a New York based commercial finance broker, not a lender, and does not hold a Colorado license. Your financing agreement will be with the lender or lessor, who provides any disclosures Colorado law requires. No fee is charged to you before funding, and we are paid by the lender when a deal closes.
Questions we get
What is the Colorado SMM plate?
Special Mobile Machinery registration. Loaders, dozers, backhoes, graders, and similar machines get an SMM plate and pay an annual specific ownership tax based on value. It replaces personal property tax on the machine.
Can I finance a plow truck for a mountain snow contract?
Yes. Plow trucks, loaders, and salt spreaders are financed regularly, and a signed snow contract helps a newer company qualify.
Does Colorado allow full bonus depreciation?
Yes. Colorado conforms to the federal code, so 100 percent bonus depreciation and the federal Section 179 limit apply on the state return.
