Equipment Financing
0% Down Available on All Brands
Axiant Partners finances all major paving equipment brands — Caterpillar, Vögele, Dynapac, Bomag, Wirtgen, Hamm, and 200+ more. Pavers, rollers, and milling machines.
- ✓ 0% down for qualified borrowers
- ✓ Pavers, rollers, and milling machines
- ✓ Package financing (paver + rollers)
- ✓ New and used equipment
- ✓ Decision in 24–48 hours
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Asphalt Paver Financing — Caterpillar, Vögele, Dynapac & Bomag Complete Guide
Finance asphalt pavers ($180,000–$600,000+), compaction rollers ($50,000–$200,000), and milling machines ($300,000–$1.5M). Infrastructure spending drives strong residual values for all paving equipment.
Key Facts: Asphalt Paver Financing
- Asphalt Paver Price Range: $180,000–$600,000+
- Roller / Compactor Price Range: $50,000–$200,000
- Milling Machine Price Range: $300,000–$1.5M+
- Top Brands: Caterpillar AP series, Vögele SUPER series, Dynapac, Bomag
- Financing Terms: 60–84 months for pavers | Rates: 6.5%–11% APR (2024)
- Residual Value Driver: Federal infrastructure spending (IIJA) — $110B for roads and bridges
- OEM Programs: Cat Financial, Wirtgen Financial (Vögele/Hamm/Wirtgen via John Deere Financial)
Paving Equipment Market and Financing Overview
Asphalt paving is one of the most infrastructure-dependent construction segments — virtually every mile of road construction, rehabilitation, and maintenance requires asphalt pavers, compaction rollers, and often milling machines to remove old surface material. This infrastructure dependency is a significant positive for equipment financing: lenders know that paving equipment will be in demand for as long as roads exist, and federal highway funding programs provide a floor of demand that doesn't disappear in economic downturns.
The Infrastructure Investment and Jobs Act (IIJA) of 2021 allocated $110 billion specifically for roads and bridges over five years, creating the largest sustained highway investment in US history. This legislation directly translates to equipment demand — state DOTs and their contractors need pavers, rollers, and milling machines to execute those projects. Lenders who finance paving equipment understand this dynamic and price it into their residual value assumptions.
A complete paving crew typically requires: 1 asphalt paver, 2–3 compaction rollers (breakdown, intermediate, and finish rollers), and possibly 1 material transfer vehicle (MTV). The total investment for a complete paving spread can reach $800,000–$2M+ new. Financing this as a package — rather than individual machines — is both simpler and often provides better economics.
Asphalt Paver Models — Price and Specification Table
| Brand / Model | Paving Width | HP | New Price | Used Price (5 yr) | Category |
|---|---|---|---|---|---|
| Caterpillar AP500F | 8–16 ft | 141HP | $250,000–$330,000 | $125,000–$175,000 | Highway paver |
| Caterpillar AP655F | 8–18 ft | 174HP | $330,000–$430,000 | $165,000–$225,000 | Highway paver |
| Caterpillar AP1000F | 10–24 ft | 252HP | $480,000–$620,000 | $240,000–$330,000 | Large highway paver |
| Vögele SUPER 1800-3i | 8–18 ft | 170HP | $280,000–$370,000 | $140,000–$195,000 | Highway paver |
| Vögele SUPER 1900-3i | 8–19.5 ft | 207HP | $370,000–$480,000 | $185,000–$255,000 | Large highway paver |
| Vögele SUPER 2100-3i | 10–26 ft | 272HP | $480,000–$600,000+ | $240,000–$325,000 | Extra-wide highway |
| Dynapac SD2500C | 8–16 ft | 152HP | $185,000–$245,000 | $92,000–$130,000 | Standard highway |
| Dynapac F1200C | 6–13 ft | 122HP | $225,000–$295,000 | $112,000–$157,000 | Versatile highway |
| Bomag BF 600 C-2 | 6–12 ft | 129HP | $195,000–$255,000 | $97,000–$136,000 | Standard paver |
| Bomag BF 800 C-2 | 8–16 ft | 168HP | $270,000–$355,000 | $135,000–$188,000 | Highway paver |
Asphalt Rollers and Compactors — Price Table
| Brand / Model | Type | Operating Weight | New Price | Used Price (5 yr) |
|---|---|---|---|---|
| Caterpillar CB10 | Double drum, breakdown | 22,000 lbs | $130,000–$170,000 | $65,000–$90,000 |
| Caterpillar CB7 | Double drum, intermediate | 15,000 lbs | $95,000–$125,000 | $47,000–$66,000 |
| Caterpillar PS360C | Pneumatic tire, finish | 24,000 lbs | $115,000–$150,000 | $57,000–$80,000 |
| Hamm HD 90i VV | Double drum, tandem | 20,000 lbs | $120,000–$155,000 | $60,000–$82,000 |
| Dynapac CC6200 | Double drum, tandem | 19,000 lbs | $105,000–$138,000 | $52,000–$73,000 |
| Bomag BW 174 AP-5 | Double drum, tandem | 17,000 lbs | $98,000–$128,000 | $49,000–$68,000 |
| Caterpillar CB2.7 | Small double drum | 6,000 lbs | $52,000–$70,000 | $26,000–$37,000 |
Asphalt Milling Machines — Price Table
| Brand / Model | Cutting Width | HP | New Price | Used Price (5 yr) |
|---|---|---|---|---|
| Wirtgen W 100 Fi | 3.3 ft (compact) | 350HP | $310,000–$400,000 | $155,000–$212,000 |
| Wirtgen W 150 CFi | 4.9 ft | 510HP | $490,000–$640,000 | $245,000–$340,000 |
| Wirtgen W 200 Fi | 6.6 ft | 700HP | $750,000–$980,000 | $375,000–$520,000 |
| Wirtgen W 250 Fi | 8.2 ft (large) | 875HP | $1,100,000–$1,450,000 | $550,000–$770,000 |
| Caterpillar PM820 | 6.6 ft | 630HP | $700,000–$920,000 | $350,000–$488,000 |
| Dynapac PL2000S | 6.6 ft | 590HP | $620,000–$810,000 | $310,000–$430,000 |
Cat AP vs. Vögele SUPER vs. Dynapac — Paver Comparison
| Criterion | Caterpillar AP series | Vögele SUPER series | Dynapac |
|---|---|---|---|
| Price Range (highway) | $250K–$620K | $280K–$600K (slight edge wide models) | $185K–$295K (better value) |
| OEM Financing | Cat Financial — strongest program | John Deere Financial (Wirtgen Group) | Dynapac / Atlas Copco Financial |
| Resale Value (5 yr) | 50%–60% of new | 50%–58% of new | 46%–54% of new |
| US Market Share | Largest — dominant with state DOTs | Strong — preferred by many highway contractors | Good — growing presence |
| Technology | Cat Grade Paving — excellent | SUPER-class screed — industry benchmark | Dynapac Pave Manager — good |
| Dealer Network | Largest in North America | Strong via Wirtgen dealers | Moderate |
| Best For | Best lender recognition, strongest residual | Highway paving, premium screed technology | Value option, smaller paving contractors |
Ready to Finance Paving Equipment?
Get matched with lenders who specialize in asphalt pavers, compaction rollers, and milling machines — from small Dynapac units to Cat AP1000F highway class pavers.
Frequently Asked Questions — Asphalt Paver Financing
Why do asphalt pavers have strong residual values?
Asphalt pavers hold strong residual values primarily because of sustained infrastructure spending — both federal and state highway programs create consistent demand for paving equipment regardless of broader economic cycles. The Infrastructure Investment and Jobs Act (IIJA) of 2021 allocated $110 billion for roads and bridges, creating a multi-year equipment demand tailwind. Additionally, asphalt pavers are relatively specialized machines with a limited buyer pool of professional paving contractors, which means fewer machines flood the secondary market during downturns. A well-maintained 5-year-old Cat AP1000F or Vögele SUPER 1900-3 retains 50%–60% of new value.
What are typical asphalt paver financing terms in 2024?
Asphalt pavers finance for 60–84 months given their high purchase prices. Rates in 2024 range from 6.5%–11% APR for established paving contractors with strong credit and revenue history. Cat Financial and Wirtgen Group (parent of Vögele and Hamm) offer OEM programs with periodic promotional rates. Down payments are typically 0%–10% for qualified businesses. For pavers above $400,000, lenders typically require 3+ years of tax returns, current financials, and often evidence of paving contracts or backlog showing consistent work.
Can I finance asphalt rollers and a paver together as a package?
Yes — paving equipment packages (paver + rollers + possibly a material transfer vehicle) are commonly financed as a single loan or lease. Packaging equipment simplifies the financing process: one application, one approval, one monthly payment. Lenders familiar with paving operations understand that a paver without rollers is incomplete — a package loan increases total collateral value and demonstrates a complete, revenue-generating paving operation to the lender. Most construction equipment lenders who finance pavers will include rollers and other paving support equipment in the same transaction.
How are asphalt milling machines financed differently from pavers?
Asphalt milling machines (cold planers) are financed similarly to pavers but at higher loan amounts ($300,000–$1.5M), which triggers more intensive underwriting. Lenders require stronger documentation for milling machine loans: 3+ years of tax returns, evidence of milling contract backlog, and sometimes proof of operator certifications. Large milling machines (Wirtgen W 200 and larger) can approach $1.5M and require a lender with experience in very large construction equipment loans. Cat Financial and Wirtgen Financial Services are the primary OEM lenders for milling equipment.
What is a Wirtgen Group and how does it affect paving equipment financing?
Wirtgen Group (owned by John Deere since 2017) is the parent company of four major paving brands: Wirtgen (milling machines), Vögele (pavers), Hamm (compaction rollers), and Kleemann (crushing/screening). This consolidation matters for financing because John Deere Financial now provides OEM financing across all four brands through a unified program. For a paving contractor buying a Vögele paver, Hamm rollers, and Wirtgen milling machine, a single John Deere Financial application can cover the entire package — simplifying the process significantly compared to dealing with multiple OEM lenders.
What credit score and business history do I need to finance a paver?
For asphalt paver financing, most lenders look for: personal FICO score of 680+ (700+ for best rates), 3+ years in business (5+ for pavers above $400,000), annual business revenue at least 2–3x the annual loan payment, and an existing equipment track record (owning and paying off prior equipment loans). Startup paving businesses face significant challenges financing large pavers — most lenders require 2+ years in business. The best path for a startup is: 20%–30% down, strong personal credit (720+), personal guarantee, and possibly a shorter term (48–60 months) to demonstrate creditworthiness.
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