Horizontal directional drill financing for utility contractors.
Vermeer, Ditch Witch, American Augers — and the support equipment that runs with them. When the bank doesn't understand HDD work, we do. Programs across every credit tier for fiber, telecom, gas, water, and utility installation contractors.
A real person answers the phone. In about three minutes you'll know if we can help.
What we finance under "HDD"
Utility installation isn't one piece of equipment — it's a spread. We finance the full kit, in one deal or piece-by-piece. New or used.
HDD Rigs (Directional Drills)
Vermeer, Ditch Witch, American Augers, TT Technologies, Toro, Tracto-Technik, Prime Drilling, Universal HDD, Strider, Barbco
Vacuum Excavators (Hydrovacs)
Vactor, Vac-Con, Vac-Tron, McLaughlin, Ditch Witch, Vermeer, Ring-O-Matic, Star Industries, GapVax, Federal Signal
Locators & Tracking
Subsite, DigiTrak (DCI), Vermeer, Radiodetection, Falcon, Mark III, Aurora, Subsurface Instruments, McLaughlin, Goodman
Trenchers
Vermeer, Ditch Witch, Toro, Astec, Marais, Trencor, Tesmec, Inter-Drain, Wolfe, Mastenbroek
Mud Systems & Fluid Handling
Brandt, AMC, Mud Technology International (MTI), Tulsa Rig Iron, Ring-O-Matic, ECD, MCM, Mud Puppy, Hi-Tower, Vermeer mixers
Support Trucks & Trailers
Ford F-450/F-550/F-750, Peterbilt, Kenworth, International, Felling Trailers, PJ Trailers, Trail-Eze, Big Tex, Aluma, Towmaster
Drill rods, pipe-pulling fixtures, reamers, and wear-and-replace items can be financed alongside the rig.
Browse by your utility specialty
Different utilities, different equipment requirements. We finance HDD spreads across each specialty.
Fiber & Telecom Installation
Mid-class drills, vacuum excavators, locators. Riding the RDOF, BEAD, and broadband-expansion wave.
Gas Line Installation
Natural gas main and service-line replacement. Mid- and large-class rigs with tracer-wire installation.
Water & Sewer Utility
Main replacements, service installs, lateral connections. Trenchless rehab for aging infrastructure.
Electrical / Underground Power
Underground electrical service installation and replacement. Substation feeder work.
General Utility Contractor
Multi-service crews running telecom, gas, water, and electric jobs across one fleet.
Specialty Boring Subcontractor
HDD subcontracting to GCs that don't own their own rigs. Smaller crews, higher utilization.
The buildout opportunity is real. BEAD funding alone is rolling out $42.5 billion for broadband expansion through the end of the decade. Most of that money turns into fiber buildout — which means HDD work. Contractors that can scale equipment now win the bid sheets for the next five years.
Tell us about the HDD spread you're financing.
Three minutes on the phone and you'll know what your deal looks like.
Why HDD financing is different
Most equipment lenders don't understand HDD. The rigs are expensive ($75K-$500K+), the support equipment is specialized, and the buyer base is split between large utility contractors and small specialty boring shops. Banks that don't see HDD deals regularly will either over-price the risk or decline outright.
HDD is a growing part of our book. We know the manufacturers (Vermeer dominates, Ditch Witch is the strong #2, American Augers serves the large-utility space). We work with any dealer or private seller. We know which programs are open to fiber-buildout contractors right now and which ones aren't. That market knowledge is what 22 years of commercial equipment finance buys you.
No one bank beats our flexibility.
How we structure HDD deals
- You call us or send the application. Three-minute phone diagnosis or 60-second pre-qual form.
- We underwrite your profile — terms based on credit tier, equipment age, time in business, the specific HDD class, and which program is funding utility contractors right now.
- We bring real terms. Down payment, monthly payment, term, and what we'd need to close. Spread-financing options if you're funding the rig plus support equipment together.
- You sign and get insurance, the equipment funds. Direct to the dealer or private seller. DocuSign close in many cases.
Most HDD deals close in a week or less when paperwork is moving.
Typical HDD deal structure
- Strong-credit established contractor (2+ years TIB): zero down up to 15% down, 48-60 month term, competitive monthly payment
- Newer contractor (under 2 years TIB) with prior commercial experience: 15-25% down, 48-60 month term
- Startup or thin-credit file: 20-30% down, 36-48 month term, specialty program with higher monthly
- Full spread financing: rig + vacuum excavator + locator + trailer + support truck bundled into one deal — strong-credit contractors often qualify for one combined loan
Strong credit usually gets zero or low down on a Tier 1 program. Lower credit usually gets a higher down payment. We're flexible enough to handle every scenario.
Ready to finance your HDD deal?
Call 208-534-8525 · A real person picks up
Book a free 5-minute credit consultation
Or apply online here