Bobcat S70 Skid Steer Refinancing

Small machine, but the equity in it is real money for the business that depends on it. The Bobcat S70 is the smallest skid steer in the Bobcat lineup, and in markets like tight urban construction, confined interior demolition, and residential landscaping, it fills a role that larger machines physically cannot. Operators who own one and have been paying it down have an equity position that converts cleanly to cash through a refinancing transaction, often within a week or two.

The S70 runs a unique feature set for its class: it is the narrowest Bobcat skid steer, fitting through standard door frames, into elevator shafts, and under ceiling heights that would eliminate larger machines from consideration. That specialized utility keeps demand for used S70s strong among the contractors who need exactly that fit. Market liquidity for a known-use machine is good for refinancing because appraisals are reliable and lenders can underwrite with confidence.

We handle skid steer refinancing across brands and sizes. The S70 is among the smaller machines we see refinanced, but small machines have small deal minimums, and for the right operator in the right situation, the transaction makes sense. See Bobcat equipment refinancing for the full Bobcat fleet overview.

The minimum deal size we work on is $50,000. The Bobcat S70, being one of the smaller machines in our normal range, needs to be in good shape and owned under the right circumstances to hit that threshold. A newer S70 with low hours, particularly one purchased new or nearly new within the last three years, can qualify. An older S70 with significant hours may not reach the minimum depending on current comps.

If your S70 qualifies on value, the rest of the deal is straightforward: credit application, three months of bank statements, and machine information. Application-only processing is the standard approach for machines in this value range.

Credit file considerations apply here as with any deal. B/C credit is workable when the machine supports the deal and the business has cash flow. An owner-operator using the S70 as their primary production tool, with a steady stream of jobs and consistent deposits, has a story we can work with even if the credit file has blemishes.

If the S70 on its own does not quite reach the threshold, but you also own other equipment, a multi-machine transaction might be worth exploring. Combining the S70 with another piece of iron can reach a deal size that works for all parties.

Interior demolition contractors who run the S70 specifically because of its narrow width and ability to work inside structures. These operators often own the machine free and clear because it was their first major equipment purchase, and a refinance is the first time they have thought about using it as a capital source.

Landscaping and site improvement businesses that run the S70 alongside larger equipment for the tight-access jobs. Landscaping and tree service operators often have the S70 as a complement to larger skid steers or track loaders, and refinancing a paid-down unit helps fund expansion.

Urban construction contractors in dense metro markets where a standard-width skid steer is too big for the workspace. Chicago, New York-area, and other dense urban markets have contractors who specifically own and maintain S70s for this reason. Wait, let me correct that: see instead Chicago, Philadelphia, and Miami as active urban markets where the S70's narrow width adds real value.

Owner-operators who took on the S70 as their first machine purchase and have been building a reputation in a niche market. The machine may be modest but the equity in it is a real capital asset for a business at that stage.

The mechanics are the same as any equipment refinancing. You provide the machine details: year, hours, serial number, and current payoff if one exists. We assess current market value from auction data and dealer comps for the S70 specifically. We structure a loan at a percentage of that value, issue terms, close the deal, pay off any existing lien, and send you the net equity.

For an S70 deal, the documentation package is minimal by design. Application-only processing means we do not need years of tax returns or full business financials. Three months of bank statements showing business cash flow alongside a completed credit application is the standard starting point.

The funded timeline on a straightforward S70 deal is often at the faster end of the one to two week range because these are simple, well-understood transactions. There is no complex asset to verify and no involved appraisal process for a machine that has clear market comparables.

For the structural overview, visit cash-out equipment refinancing.

Small machine, but real equity is real equity. Tell us about the S70 and your situation and we will give you an honest read on whether a deal makes sense and what it looks like.

Also see Bobcat T770 track loader refinancing if you have a larger Bobcat unit in the fleet, or Bobcat E35 mini excavator refinancing for another compact Bobcat machine.

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