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Equipment financing in Utah.

Utah contractors, carriers, and farms: one application, a soft inquiry, and real options in 24 to 48 hours from equipment lenders that fund in Utah.

No hard credit pull to see your options.
Sales tax
4.85%+local
Section 179
Federal limit
Bonus depreciation
100%
Time to options
24–48 HRS

Utah is building toward the 2034 Winter Olympics with an I-15 expansion, an inland port, and a tech corridor that keeps commercial construction moving from Ogden to Provo. It is also one of the friendliest states in the country on equipment taxes: Utah follows the full federal Section 179 limit and 100 percent bonus depreciation with no addback.

We place Utah files with lenders that fund in the state without friction, from a Salt Lake site-work contractor to a Bingham Canyon mining contractor to a St. George developer. Options in 24 to 48 hours on a soft inquiry.

Who we finance in Utah

ConstructionExcavators, dozers, cranes, and aerial lifts for Wasatch Front commercial, residential, and Olympic-related work.
Mining and mining servicesKennecott copper and the state's aggregate and cement operations, financing loaders, haul trucks, and support equipment.
Trucking and logisticsTractors, trailers, and yard equipment around the Utah Inland Port and the I-15 and I-80 corridors.
AgricultureTractors, hay equipment, and dairy and feedlot equipment in Cache Valley and central Utah.
Landscaping and site workSkid steers, mini excavators, and trailers for the fast-growing St. George and Utah County markets.

What is driving equipment demand in Utah

We work with businesses across Utah, including Salt Lake City, Provo and Orem, Ogden, St. George, and Logan, and the rural counties in between.

Sales tax and income tax on equipment in Utah

Sales tax on equipmentState rate 4.85 percent, roughly 7 percent combined with local option taxes. Manufacturing equipment qualifies for an exemption. Ask your dealer and the Tax Commission about the farm machinery rules for your operation.
Income taxUtah fully conforms to the federal code, so the federal Section 179 limit and 100 percent bonus depreciation apply on the state return with no addback, for corporations and individuals.

Tax rules change and depend on your facts. Confirm with your accountant before relying on any of this.

Trucks, trailers, and titling in Utah

Where Utah buyers find equipment

We finance equipment from any dealer, auction, or private seller. Dealers and auctions our Utah customers use include Wheeler Machinery (Caterpillar), RDO 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 Utah

Equipment financing in Utah 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 Utah license. Your financing agreement will be with the lender or lessor, who provides any disclosures Utah 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 Utah follow full bonus depreciation?

Yes. Utah conforms to the federal code, so 100 percent bonus depreciation and the federal Section 179 limit apply on the Utah return.

Do you finance equipment for mining contractors?

Yes. Loaders, haul trucks, and support equipment for mining service work are financed on construction programs, new and used.

Can a start-up contractor in St. George get financing?

Yes. Start-up programs look at industry experience, personal credit, and down payment, usually 10 to 20 percent on the first machine.

Financing in Utah, without the runaround.

One application and a soft inquiry. If the offer you already have is better, we will tell you.

Get approved