Hawaii is in the middle of a military construction wave, including the new Pearl Harbor dry dock, on top of resort renovation, housing, and road work across four islands. Equipment arrives by barge, every island has its own logistics, and the state charges a general excise tax instead of a sales tax. Hawaii also keeps a small state Section 179 cap and does not allow bonus depreciation.
We place Hawaii files with lenders that fund in the islands, from a Honolulu site-work contractor to a Kona landscaper to a Maui hauler. Options in 24 to 48 hours on a soft inquiry.
Who we finance in Hawaii
What is driving equipment demand in Hawaii
- Military construction on Oahu, including the Pearl Harbor dry dock project, is in the billions.
- Resort renovation and housing construction across Maui, Oahu, and the Big Island.
We work with businesses across Hawaii, including Honolulu, Kapolei and West Oahu, Kahului and Maui, Hilo and Kona, and Lihue, and the rural counties in between.
Sales tax and income tax on equipment in Hawaii
Tax rules change and depend on your facts. Confirm with your accountant before relying on any of this.
Trucks, trailers, and titling in Hawaii
- Trucks register by county. Interstate apportioned registration is rarely relevant.
- Off-road equipment is not titled. Inter-island moves go by barge.
Where Hawaii buyers find equipment
We finance equipment from any dealer, auction, or private seller. Dealers and auctions our Hawaii customers use include Hawthorne Cat (Caterpillar, Hawaii and Guam), AMECO Hawaii (John Deere). 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 Hawaii
Equipment financing in Hawaii 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 Hawaii license. Your financing agreement will be with the lender or lessor, who provides any disclosures Hawaii law requires. No fee is charged to you before funding, and we are paid by the lender when a deal closes.
Questions we get
Can barge freight between islands be financed with the equipment?
Often yes, when the dealer bills freight on the equipment invoice. Tell us up front so the file goes to lenders that allow it.
How does the general excise tax show up on a financed machine?
The dealer passes the tax through on the invoice, usually a little over 4 percent depending on the county, and most lenders finance the invoice total.
Does Hawaii allow bonus depreciation?
No. Hawaii adds bonus back on the state return and keeps a small state Section 179 cap. The federal deduction applies in full on the federal return.
