Buying a Used Concrete Boom Pump: What Lenders Look At

Used Pumps Are the Norm

Most of the boom pumps we finance are second-hand - a 2006 36m Putzmeister, a 2007 KCP 32m, a 2014 JunJin 42m. A good used pump can earn just as well as a new one, and lenders are comfortable with them when the deal is set up properly.

What Lenders Look At

  • Age of the truck and the boom. Older chassis can still be financed, but the term and balloon options may change.
  • Valuation. Higher-value pumps often need an independent valuation. Getting this started early saves days.
  • Who you are buying from. Dealer, private seller or another operator - each needs slightly different paperwork.
  • Your business. Time in business, experience on pumps, and how the pump fits your work.

    • Private Sales

    Buying from another operator is common in this industry. We deal with the seller directly, confirm there is no finance owing on the pump, and arrange payment at settlement so both sides are protected.

    Before You Commit

    Send us the pump details, the asking price and a few photos before you pay a deposit. We can tell you quickly which lenders suit the pump and what you will need.

    See recent concrete pump deals

    *This article provides general information only and does not constitute financial advice. All finance is subject to lender approval.*

    EverCap Finance is a Sydney-based asset finance broker led by Director Kyle Talbot, supported by Broker Support Officer Carl Trabado. We arrange truck, concrete pump, earthmoving, machinery and equipment finance for Australian businesses through a panel of 50+ lenders. EverCap Finance is a Credit Representative of COG Aggregation Pty Ltd (ACL 389527). Call 0435 603 545 or email info@evercapfinance.com.au.