Wyoming has no income tax, a 4 percent state sales tax, and an economy that runs on the Powder River Basin, wind farms and the transmission lines that carry their power, ranching, and the I-80 freight corridor. Cheyenne is now a data center market too. Equipment here works hard, far from the shop, in weather that ends a season early.
We place Wyoming files with lenders that fund in the state, from a Gillette oilfield service company to a Casper site-work contractor to a Laramie County ranch. Options in 24 to 48 hours on a soft inquiry.
Who we finance in Wyoming
What is driving equipment demand in Wyoming
- Wind energy and transmission construction, including the TransWest Express line.
- Data center development around Cheyenne.
- Powder River Basin oil, gas, and coal operations.
We work with businesses across Wyoming, including Cheyenne, Casper, Gillette, Laramie, and Rock Springs, and the rural counties in between.
Sales tax and income tax on equipment in Wyoming
Tax rules change and depend on your facts. Confirm with your accountant before relying on any of this.
Trucks, trailers, and titling in Wyoming
- Apportioned registration for interstate carriers through WYDOT. No weight-distance tax.
- Off-road equipment is not titled.
Where Wyoming buyers find equipment
We finance equipment from any dealer, auction, or private seller. Dealers and auctions our Wyoming customers use include Wyoming Machinery Company (Caterpillar, Casper). 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 Wyoming
Equipment financing in Wyoming 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 Wyoming license. Your financing agreement will be with the lender or lessor, who provides any disclosures Wyoming law requires. No fee is charged to you before funding, and we are paid by the lender when a deal closes.
Questions we get
Can an oilfield start-up in Gillette get financing?
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.
Do you finance cranes for wind farm work?
Yes. Cranes are a specialized program with inspection and age requirements, and used units are financed regularly.
Is ranch equipment exempt from Wyoming sales tax?
Agricultural equipment used to produce goods for sale is exempt. Give the dealer the exemption paperwork at purchase.
