Indiana calls itself the crossroads of America, and the equipment market backs it up: Indianapolis is one of the largest logistics hubs in the country, Northwest Indiana makes more steel than any region in the country, Elkhart builds most of the RVs sold in America, and corn and soybeans cover the rest of the state. Indiana also keeps a $25,000 state Section 179 cap and disallows bonus depreciation, which matters at tax time.
We place Indiana files with lenders that fund trucking, construction, farm, and manufacturing equipment across the state, from a Plainfield carrier to a Fort Wayne excavating contractor to a Tippecanoe County grain farm. Options in 24 to 48 hours on a soft inquiry.
Who we finance in Indiana
What is driving equipment demand in Indiana
- Warehouse and distribution construction around Indianapolis and along I-65 and I-70.
- Steel mill investment in Northwest Indiana.
- Ongoing state highway and interstate work at the crossroads.
We work with businesses across Indiana, including Indianapolis, Fort Wayne, Evansville, South Bend and Elkhart, and Gary and Northwest Indiana, and the rural counties in between.
Sales tax and income tax on equipment in Indiana
Tax rules change and depend on your facts. Confirm with your accountant before relying on any of this.
Trucks, trailers, and titling in Indiana
- Apportioned registration for interstate carriers through the Indiana BMV. No weight-distance tax.
- Off-road equipment is not titled.
Where Indiana buyers find equipment
We finance equipment from any dealer, auction, or private seller. Dealers and auctions our Indiana customers use include MacAllister Machinery (Caterpillar, Indiana), AHW and Birkey's (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 Indiana
Equipment financing in Indiana 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 Indiana license. Your financing agreement will be with the lender or lessor, who provides any disclosures Indiana law requires. No fee is charged to you before funding, and we are paid by the lender when a deal closes.
Questions we get
Why is Section 179 so different on my Indiana return?
Indiana keeps a $25,000 state cap and disallows bonus depreciation. You take the full federal deduction and depreciate the rest normally for Indiana.
Do you finance tractors for an Indianapolis carrier?
Yes. Regional and long-haul carriers based around Indianapolis are common files, new and used, based on time in business and credit.
Is farm equipment exempt from Indiana sales tax?
Equipment used directly in agricultural production is exempt. Give the dealer the state exemption certificate at purchase.
