Connecticut builds submarines, jet engines, and helicopters, and the $76.6 billion Electric Boat contract signed in 2026 is pulling contractors and suppliers into southeastern Connecticut for a decade. Hartford's I-84 and I-91 interchange is under reconstruction and New London's State Pier is the staging port for offshore wind. The state has a flat 6.35 percent sales tax with no local add-on, and it exempts heavy trucks over 26,000 pounds.
We place Connecticut files with lenders that fund across New England, from a Groton subcontractor to a Waterbury excavating company to a Litchfield County dairy. Options in 24 to 48 hours on a soft inquiry.
Who we finance in Connecticut
What is driving equipment demand in Connecticut
- Electric Boat's $76.6 billion Navy contract for 14 more submarines, awarded in 2026.
- I-84 and I-91 interchange and viaduct work in Hartford, with ramp projects running through late 2026.
- New London State Pier as the offshore wind staging port.
We work with businesses across Connecticut, including Hartford, New Haven, Bridgeport and Stamford, Waterbury, and Norwich and New London, and the rural counties in between.
Sales tax and income tax on equipment in Connecticut
Tax rules change and depend on your facts. Confirm with your accountant before relying on any of this.
Trucks, trailers, and titling in Connecticut
- Apportioned registration for interstate carriers through the Connecticut DMV, with fees based on gross weight. No weight-distance tax.
- Off-road equipment is not titled.
Where Connecticut buyers find equipment
We finance equipment from any dealer, auction, or private seller. Dealers and auctions our Connecticut customers use include H.O. Penn Machinery (Caterpillar, Newington), United Ag and Turf (John Deere, Plainfield). 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 Connecticut
Equipment financing in Connecticut 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 Connecticut license. Your financing agreement will be with the lender or lessor, who provides any disclosures Connecticut law requires. No fee is charged to you before funding, and we are paid by the lender when a deal closes.
Questions we get
Is a tractor-trailer exempt from Connecticut sales tax?
Trucks, tractors, and semitrailers over 26,000 pounds gross vehicle weight rating are exempt. The dealer applies the exemption at sale.
How does Connecticut treat Section 179?
Individuals and pass-through owners add back 80 percent of the deduction in year one and recover it over four years. The full federal deduction still applies on the federal return.
Do you finance equipment for Electric Boat subcontractors?
Yes. Cranes, aerial lifts, and site equipment for shipyard and supplier construction are financed on standard construction programs.
