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Equipment financing in Delaware.

Delaware contractors, carriers, and farms: one application, a soft inquiry, and real options in 24 to 48 hours from equipment lenders that fund in Delaware.

No hard credit pull to see your options.
Sales tax
None
Section 179
Federal limit
Bonus depreciation
Changed 2025
Time to options
24–48 HRS

Delaware has no sales tax, which makes it the cheapest state on the I-95 corridor to buy equipment in, and a port at Wilmington that has become one of the busiest roll-on auto and fruit terminals on the East Coast. Sussex County is one of the top poultry counties in the country, and the state freight plan is pushing new logistics construction around the port and along Route 1.

We place Delaware files with lenders that fund across the Mid-Atlantic, from a New Castle site-work contractor to a Seaford poultry operation to a Wilmington drayage carrier. Options in 24 to 48 hours on a soft inquiry.

Who we finance in Delaware

ConstructionExcavators, cranes, dozers, and dump trucks for port and logistics construction and commercial work in New Castle County.
Port and truckingDrayage tractors, chassis, car haulers, and reefers around the Port of Wilmington and the I-95 corridor.
Poultry and agricultureTractors, poultry house equipment, and grain equipment in Kent and Sussex counties.
Manufacturing and chemicalsForklifts, material handling, and shop equipment for the chemical and manufacturing base around Wilmington.
Landscaping and site workSkid steers, mini excavators, and trailers for beach-area and suburban development.

What is driving equipment demand in Delaware

We work with businesses across Delaware, including Wilmington, Dover, Newark, Middletown, and Rehoboth and Lewes, and the rural counties in between.

Sales tax and income tax on equipment in Delaware

Sales tax on equipmentDelaware has no state or local sales tax. The state charges a gross receipts tax on sellers, which is not added to the invoice, so there is nothing to finance on top of the price.
Income taxDelaware follows the federal Section 179 limit. For bonus depreciation, a 2025 law decoupled the state from the new federal rules, applying to property placed in service after January 19, 2025 for corporations and after December 31, 2025 for pass-through businesses. Your accountant can confirm the treatment for your entity and year.

Tax rules change and depend on your facts. Confirm with your accountant before relying on any of this.

Trucks, trailers, and titling in Delaware

Where Delaware buyers find equipment

We finance equipment from any dealer, auction, or private seller. Dealers and auctions our Delaware customers use include Carter Machinery (Caterpillar, Mid-Atlantic region). 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 Delaware

Equipment financing in Delaware 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 Delaware license. Your financing agreement will be with the lender or lessor, who provides any disclosures Delaware 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 there really no sales tax on equipment in Delaware?

Correct. Delaware has no sales tax at the state or local level. The seller pays a gross receipts tax that is not passed through as a line item.

Do you finance drayage and car hauling equipment for the Port of Wilmington?

Yes. Port drayage, chassis, and car haulers are financed on trucking programs, new and used.

How does Delaware treat bonus depreciation now?

Delaware decoupled from the new federal bonus rules in 2025, with different effective dates for corporations and pass-through businesses. The federal deduction still applies in full on the federal return.

Financing in Delaware, without the runaround.

One application and a soft inquiry. If the offer you already have is better, we will tell you.

Get approved