Mining Equipment Financing

Volvo Financing

Finance Volvo mining equipment including the A60H articulated dump truck and L350H wheel loader. New and used. B/C credit considered. Application-only to $400K. Quotes in 24 hours.

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Volvo Financing

Finance Volvo mining equipment including the A60H articulated dump truck and L350H wheel loader. New and used. B/C credit considered. Application-only to $400K. Quotes in 24 hours.

Articulated haul trucks live at the intersection of mobility and payload. On sites where terrain, grade, or ground conditions rule out rigid-frame trucks, the articulated hauler is the production tool that keeps material moving. Volvo's articulated hauler line, from the A25 through theA60H at 55-ton payload, covers the range from access road construction through high-volume aggregate and quarry hauling. These machines operate in wet, soft, steep, and otherwise challenging conditions that rigid-frame trucks cannot handle, which defines their niche and their value in the operations that use them.

TheL350H wheel loaderis Volvo's largest, with a bucket capacity and operating weight that suit it for primary loading in quarry and aggregate applications where the volumes do not justify a rigid-frame truck fleet but do need more throughput than a mid-size loader provides. Together the A60H and L350H define Volvo's presence in the quarry, aggregate, and soft-underfoot mining market.

Financing Volvo mining equipment is straightforward for lenders who understand articulated haulers and large wheel loaders. The resale market for well-maintained Volvo A-series haulers is active, which means lenders can book the collateral with confidence. We work with a financing team that includes sources comfortable with Volvo mining and construction equipment, and we structure deals to fit the cash flow patterns of quarry and aggregate operations.

The A60H and L350H: Volvo's Mining-Grade Workhorses

TheVolvo A60His the largest articulated dump truck Volvo produces, with a payload capacity of 55 metric tons and a body volume designed for high-density material like aggregate and blasted rock. The A60H introduced Volvo's OptiShift transmission and Automatic Traction Control as standard features, both aimed at maximizing productivity in low-traction conditions like soft ground, mud, and steep grades. On sites where a rigid-frame truck would either get stuck or damage the haul road, the A60H's articulated frame and all-wheel drive make it the right tool.

The hauler's retarder system manages downhill loaded hauls without excessive brake wear, which is particularly valuable on quarry and pit operations where the loaded haul involves a significant descent. Brake wear cost is a real operating cost that procurement teams account for; Volvo's retarder system addresses it effectively and this is a factor lenders who finance this equipment understand.

TheL350Hoperates at an operating weight of approximately 54 metric tons and is Volvo's answer to Cat's 992 and Komatsu's WA480 in the large wheel loader segment. The L350H uses a Z-bar linkage that delivers high breakout force for digging dense material, and the electro-hydraulic system allows precise bucket control for clean loading cycles. Primary loading of articulated haulers and rigid-frame trucks, stockpile work, and shot-rock loading are all common applications.

Operations That Run Volvo Equipment

Quarry operators across the central and eastern United States run Volvo articulated haulers heavily. The soft underfoot conditions common in limestone and sandstone quarries in the Midwest and Southeast favor the A-series articulated format. Operations nearKnoxville, Birmingham, and through the limestone belt of the Appalachians have historically been Volvo hauler territory.

Aggregate producers working pit operations that generate wet or soft floor conditions use articulated haulers for internal hauls that rigid-frame trucks cannot handle safely. The A60H's payload capacity allows it to move enough material per cycle to be economical even in these demanding ground conditions.Aggregate operationsthat finance Volvo equipment through us typically have one to several A-series units running alongside a wheel loader or two.

Contractors who take on earthmoving, mine development, or reclamation work that involves soft ground or steep haul profiles use Volvo A-series haulers as the reliable solution when the terrain controls the equipment selection. These are often the same contractors who runsand and gravel operationsalongside contract work, using the same fleet for multiple revenue streams. We finance the fleet regardless of which revenue stream it is serving at any given time.

New vs. Used Volvo A60H and L350H: Financing Considerations

New Volvo articulated haulers and loaders carry the full Volco warranty package and current emissions certifications, which matters for operations in states with tight emissions monitoring. The new-unit financing path is straightforward: dealer invoice, credit application, and for deals over approximately $400,000, bank statements. Terms run to 60 or 72 months on new units with strong credit.

Used Volvo A-series haulers are plentiful in the secondary market because the fleet penetration in quarry and aggregate work is deep. A well-maintained A40G or A45G from a quality operator is often the best economic choice for a buyer who needs payload capacity but cannot justify new-unit capital cost. We finance used A-series haulers across a wide age range, provided the unit is operational and inspected. Used L350H loaders are somewhat less common in the secondary market but do appear regularly through dealer trade-ins and auction.

For operations that have used Volvo equipment that is paid off, arefinanceorSale-Leaseback Financingcan generate working capital without displacing production. A paid-off A60H with documented condition is real equity that can be monetized while the machine continues to run. We structure these transactions regularly on Volvo equipment.

Get a Volvo Equipment Financing Quote

A60H articulated haulers, L350H loaders, and other Volvo mining and quarry equipment. Send us the unit and price and we will have a quote in 24 hours.

Volvo Financing Questions

Clear answers on documentation, timing, equipment condition, sellers, and financing structure.

Can I finance a Volvo A40G that is eight years old but has been maintained by a dealer?

Yes. Eight years is not a barrier if the machine has documented maintenance history and is in operational condition. Used articulated haulers in good condition with dealer maintenance records are fundable assets. The advance rate will reflect the unit's current market value, which for a well-maintained A40G with reasonable hours should be meaningful.

Is the Volvo A60H eligible for Section 179 deductions in the year of purchase?

Mining and aggregate equipment used in the production of natural resources can qualify for Section 179 in many cases. The specifics depend on how the machine is used and your business structure. Run the question by your accountant before the purchase closes. We can structure the financing as a loan or a lease depending on which treatment you choose.

I run both a Volvo A60H and a Cat 745 on the same quarry. Can I finance them together?

Yes, mixed-brand fleet packages are a normal deal structure. Both machines go on the same application and we find a lender that is comfortable with both. Multi-unit deals often receive slightly better collective terms than two separate submissions.

What does a lender look at on a used Volvo wheel loader?

Hours on the engine and drivetrain, condition of the boom pins and bucket, hydraulic system condition, and maintenance records. A loader that has had its scheduled service performed and documented is significantly easier to book than one without records. Lenders want confidence that the machine will hold value through the financing term.

Can I get financing for a Volvo hauler if my quarry operation started last year?

Newer operations can get financing but will typically face more down payment requirement and shorter terms than established operators. Your personal credit, any prior equipment experience, and the strength of any contracts or sales agreements for the quarry output all factor in. A larger down payment reduces lender risk and improves the odds significantly on a newer operation.

Put Volvo Financing To Work

Send the equipment quote, seller information, target timing, and preferred structure. The financing desk will review the file and return a clear next step.