South Carolina builds cars, airplanes, and now electric trucks, moves a growing share of East Coast freight through Charleston, and is putting up plants and distribution centers along I-26 and I-85 faster than crews can staff them. It also caps the sales tax on trucks and trailers, which makes a financed tractor cheaper here than in most neighboring states.
We place South Carolina files with lenders that fund from Greenville to Charleston, for a Spartanburg site-work contractor, a Summerville drayage carrier, or a Pee Dee row-crop farm. Options in 24 to 48 hours on a soft inquiry.
Who we finance in South Carolina
What is driving equipment demand in South Carolina
- Scout Motors' electric truck plant in Blythewood, alongside BMW in Spartanburg, Volvo in Ridgeville, and Boeing in North Charleston.
- Port of Charleston growth and the Leatherman Terminal expansion keep drayage and warehouse equipment turning over.
- Industrial construction along the I-26 corridor between Charleston and the Upstate.
We work with businesses across South Carolina, including Charleston, Columbia, Greenville, Spartanburg, and Myrtle Beach, and the rural counties in between.
Sales tax and income tax on equipment in South Carolina
Tax rules change and depend on your facts. Confirm with your accountant before relying on any of this.
Trucks, trailers, and titling in South Carolina
- Apportioned registration for interstate carriers through the SCDMV.
- Off-road equipment is not titled.
Where South Carolina buyers find equipment
We finance equipment from any dealer, auction, or private seller. Dealers and auctions our South Carolina customers use include Blanchard Machinery (Caterpillar), James River Equipment (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 South Carolina
Equipment financing in South Carolina 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 South Carolina license. Your financing agreement will be with the lender or lessor, who provides any disclosures South Carolina 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 the South Carolina max tax real on a semi truck?
Yes. Motor vehicles and semitrailers pulled by truck tractors are subject to a fixed maximum sales tax per unit rather than the full percentage, which saves thousands on a new tractor. The exact cap is set by statute; confirm the current figure with the Department of Revenue.
Do you finance drayage tractors for Charleston?
Yes. Port drayage is a common South Carolina file, new and used, based on time in business and credit.
Does South Carolina allow bonus depreciation?
No. You take 100 percent bonus on the federal return and add it back on the state return. Section 179 is allowed at the federal limit.
