Maine is the most forested state in the country, lands most of the nation's lobster, grows the potatoes and wild blueberries of Aroostook and Downeast, and has a $4.5 billion three-year MaineDOT work plan on the books. The equipment behind that is specialized: forwarders and feller bunchers, boat and fishing gear, potato harvesters, and the excavators and trucks that rebuild 235 bridges.
We place Maine files with lenders that fund forestry, marine, farm, and construction equipment in the state, new and used, from Kittery to Caribou. Options in 24 to 48 hours on a soft inquiry.
Who we finance in Maine
What is driving equipment demand in Maine
- MaineDOT's 2026 to 2028 work plan totals $4.5 billion across roughly 2,800 projects, including 235 bridges and 3,000 miles of paving.
- Bath Iron Works has a $450 million federal shipyard infrastructure appropriation under way.
- The Sears Island offshore wind port is still in permitting, with no construction date set.
We work with businesses across Maine, including Portland and South Portland, Lewiston and Auburn, Bangor, Augusta, and Presque Isle and Aroostook County, and the rural counties in between.
Sales tax and income tax on equipment in Maine
Tax rules change and depend on your facts. Confirm with your accountant before relying on any of this.
Trucks, trailers, and titling in Maine
- Apportioned registration through the BMV for trucks over 26,000 pounds or with three or more axles crossing state lines. No weight-distance tax.
- Annual commercial safety inspection for trucks, trailers, and semitrailers over 10,000 pounds.
- Special mobile equipment and off-road vehicles are exempt from titling, and special equipment needs no registration for incidental road use.
Where Maine buyers find equipment
We finance equipment from any dealer, auction, or private seller. Dealers and auctions our Maine customers use include Milton CAT (Scarborough and Brewer), Chadwick-BaRoss (Volvo, Westbrook, Bangor, Caribou), Beauregard Equipment (Case, Scarborough), United Ag and Turf (John Deere), Keenan Auction. 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 Maine
Equipment financing in Maine 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 Maine license. Your financing agreement will be with the lender or lessor, who provides any disclosures Maine law requires. No fee is charged to you before funding, and we are paid by the lender when a deal closes.
Questions we get
Do you finance used forestry equipment in Maine?
Yes. Forestry is a specialized program, and used skidders, forwarders, and feller bunchers are financed with age and hour limits that depend on the lender. Log trucks go on the truck programs.
Is logging equipment exempt from Maine sales tax?
Depreciable machinery used directly and primarily in wood harvesting is exempt with a Maine Revenue Services certificate at purchase, or by refund within 36 months. Trucks and trailers are not covered by that exemption.
Does Maine allow bonus depreciation?
No. You take 100 percent bonus on the federal return, add it back on the Maine return, and recover it over the asset's life. Section 179 is allowed at the federal limit.
