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✓ Funded in 24 hours✓ 500+ credit OK✓ $25K–$5M✓ Soft credit pull✓ Apply in 1 minute
Auger Drill Rig Financing · 2026

Auger Drill Rig Financing for Contractors

Finance a auger drill rig for drilling piers and foundations — with the machine itself as collateral, so approval leans on the asset and your revenue.

$25K–$5Mfunding range
24 hrstypical funding
500+credit scores OK
Contractors& trades
No collateralfor working capital

See how much your contracting business qualifies for

$25K to $5M for contractors and trades — approved on your revenue, funded in as little as 24 hours. No collateral for working capital.

  • ✓ 500+ credit
  • ✓ 6+ months open
  • ✓ $10K+/mo revenue
1-Minute Application

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Start your application in about a minute. A real decision fast — soft credit pull, no obligation.

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🔒 Soft credit pull · will not affect your credit score

Short answer: Auger Drill Rig financing lets contractors buy a auger drill rig for drilling piers and foundations with the equipment as collateral, so approval leans on the machine and your revenue (FICO 500+). Contractor Capital Funding finances new and used units, typically $80K – $1.5M, in 1-3 days.

Reviewed by the Contractor Capital Funding team · Updated July 2026

How funding works, step by step

From application to funding in four steps — most contractors complete it within a day.

1

Apply in 5 minutes

Complete a short online application. It uses a soft credit pull that does not affect your score.

2

We review your deposits

Approval is based on your last 3 months of business bank statements — not tax returns or the contract.

3

Get your offer

Review your amount and terms up front, with any fees disclosed before you accept. No obligation.

4

Get funded

Sign and receive funds by ACH, often within 24 hours of approval.

Auger Drill Rig financing terms

Typical 2026 ranges for a auger drill rig through Contractor Capital Funding. Age and condition affect terms.

DetailTypical rangeNotes
Finance amount$80K – $1.5MNew and used units
Term48–84 moMatched to useful life
Down payment10–20%Depends on age & revenue
CreditFICO 500+Approval on revenue

Why finance with us

  • The machine is the collateral — no extra assets pledged
  • FICO 500+ accepted; approval on revenue
  • New, used, and auction units qualify
  • Funds in 1-3 days with the seller's quote
  • Keep working capital free for jobs
  • Fixed payments you can bid around

What you need to apply

  • US-based contracting business
  • 6+ months in business
  • A quote or invoice for the equipment
  • Last 3 months of bank statements
  • Valid EIN and business bank account

Frequently asked questions

Can I finance a used auger drill rig?
Yes — used and auction auger drill rigs qualify, though age and condition affect the term and any down payment.
Do I need a down payment on a auger drill rig?
Often not for newer units; older or higher-hour auger drill rigs may require a modest down payment.
Can I finance a auger drill rig with bad credit?
Yes — FICO 500+ can qualify because the equipment secures the financing.
How fast can I get funded?
Typically 1-3 business days once the seller's quote and your bank statements are in.
Is this a business loan or a cash advance?
Both are available. The right structure depends on your revenue, credit, and how you prefer to repay — fixed payments or a share of your deposits. We show you the options you qualify for before you commit.
What can I use the funds for?
Any legitimate business purpose — payroll, materials, equipment, mobilization, covering the gap between draws, or growth. There are no restrictions on how you deploy working capital.
Are there any upfront fees to apply?
No. Applying and getting a decision is free, and any fees are disclosed in your offer before you accept — so there are no surprises.

Sources & further reading

Figures on this page are typical 2026 industry ranges provided for general information; your actual terms are set at application.

Finance your auger drill rig

Apply in 5 minutes with a soft credit pull. Buy the machine and keep cash in the business.

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Ranges shown are typical 2026 industry figures and vary by equipment, age, and underwriting; actual terms are set at application. Financing is subject to approval. Brand names are the property of their respective owners and are referenced for compatibility only; Contractor Capital Funding is not affiliated with or endorsed by any manufacturer.

Get funded in 24 hours

Approved on your revenue, not just your credit. Start your 1-minute application.

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Why contractors choose us

Funding that fits construction cash flow — retainage, progress draws, equipment, and payroll gaps.

🏗️

Built for the trades

General contractors, subs, and every trade. We fund the way construction actually gets paid.

⚡

Funded in 24 hours

Cover materials, mobilization, or payroll between draws — decision in as little as 4 hours.

📊

Approved on your revenue

500+ FICO accepted. Underwritten on your deposits and receivables, not just your score.

Ready to get funded?

Approved on your deposits, not just your score. Funded in as little as 24 hours.

START MY 1-MINUTE APPLICATION →
Apply Now — Funded in 24 Hours →
Before you go

See how much your contracting business qualifies for

$25K–$5M · funded in 24 hours · 500+ credit OK. A soft credit pull that will not affect your score.

START MY 1-MINUTE APPLICATION →

No obligation · takes about a minute