Oklahoma wrote permanent 100 percent bonus depreciation into its own law in 2022, before the federal government made it permanent, and it follows the federal Section 179 limit. The state sits at the I-35 and I-40 crossroads, produces oil and gas in the top five nationally, and has an eight-year highway plan running through 2033.
We place Oklahoma files with lenders that fund oilfield, construction, farm, and trucking equipment across the state, from an Oklahoma City site-work contractor to a Tulsa carrier to a western Oklahoma wheat and cattle operation. Options in 24 to 48 hours on a soft inquiry.
Who we finance in Oklahoma
What is driving equipment demand in Oklahoma
- ODOT's eight-year construction work plan runs through 2033.
- Pipeline and energy infrastructure work continues around Cushing and across the state.
- Oklahoma City and Tulsa commercial construction remains steady.
We work with businesses across Oklahoma, including Oklahoma City, Tulsa, Norman, Broken Arrow, and Lawton, and the rural counties in between.
Sales tax and income tax on equipment in Oklahoma
Tax rules change and depend on your facts. Confirm with your accountant before relying on any of this.
Trucks, trailers, and titling in Oklahoma
- Apportioned registration for interstate carriers through Service Oklahoma. No weight-distance tax.
- Off-road equipment is not titled or plated.
Where Oklahoma buyers find equipment
We finance equipment from any dealer, auction, or private seller. Dealers and auctions our Oklahoma customers use include Warren CAT (Oklahoma City, Tulsa, Elk City), Ritchie Bros. Oklahoma City. 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 Oklahoma
Equipment financing in Oklahoma 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 Oklahoma license. Your financing agreement will be with the lender or lessor, who provides any disclosures Oklahoma law requires. No fee is charged to you before funding, and we are paid by the lender when a deal closes.
Questions we get
Does Oklahoma allow full bonus depreciation?
Yes. Oklahoma has permanent 100 percent bonus depreciation in state law and follows the federal Section 179 limit, so the full first-year deduction applies on the state return.
Do I need the agricultural exemption permit before buying a tractor?
Yes. The Agricultural Exemption Permit is a three-year card from the Tax Commission; show it to the dealer at purchase to skip the sales tax.
Can an oilfield start-up get financing in Oklahoma?
Yes. Start-up programs count oilfield experience even when the company is new. Expect 10 to 20 percent down and a personal guarantee on the first unit.
