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Construction equipment

Proper equipment and financing are completely essential in order to be competitive.

Image of an excavator digging a ditch in autumn
  • Always modern machinery

  • Predictable costs

  • Simpler accounting

Check prices and apply here

Leasing of construction equipment

New and modern machinery can be crucial for ensuring your company succeeds in the construction industry. Most excavators, wheel loaders, dumpers and cranes on Norwegian construction sites are now leased. Leasing ensures you have competitive machinery at all times.

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Payment insurance

If any of your employees should become ill and you’re suddenly unable to use the equipment you’re leasing, this insurance policy can come to the rescue.

Be contacted about payment insurance

Summary of your lease agreements

All your lease agreements in one place. DNB Portal gives you a full overview and summary of the costs. You’ll soon also be able to apply for new financing in the portal.

Log in and get a full overview here

Construction equipment leasing FAQ

Which construction equipment can I lease?

You can lease most equipment used on a construction site. Here are a few examples:

  • asphalt pavers
  • cranes
  • excavators
  • bulldozers
  • dump trucks
  • tractors
  • forklifts
  • containers
  • compressors
  • generators
  • crushing machines
  • sorting machines
  • lifts
What happens when the lease period ends?

At the end of the term of the lease, you can choose to:

  • continue the term of the lease;
  • ask to buy the item;
  • return the item.

If there is an agreed residual value at the end of the term of the lease, the item must be returned to the party that has guaranteed the residual value. This is usually the supplier/dealer or DNB.

How do I find out what the outstanding balance is on the lease agreement?

Leasing costs don’t have to be recognised in the accounts as outstanding debt in the same way as a loan. The vast majority of companies don’t need to show the lease agreement on the balance sheet.

Large companies (PLCs) must show the lease obligation and value of the item on the balance sheet. This is usually calculated as a future lease obligation for the remainder of the lease period, discounted to today’s value.

What is leasing with a residual value?

Leasing with a residual value means that someone provides a guarantee for the value of the item after the term of the lease. Residual value means that the lease amount is significantly reduced because the item must be returned to the guarantor at the end of the term of the lease.

The advantage of residual value is that the guarantor takes over the risk of fall in value during the term of the lease. Leasing with a residual value means that someone provides a guarantee for the value of the item after the term of the lease. Residual value means that the lease amount is significantly reduced because the item must be returned to the guarantor at the end of the term of the lease.

Can the agreement be terminated?

Yes, you can terminate it or buy the item outright during the period.

Get in contact with us by phone on 915 06 202 or by email

Can I transfer my lease agreement to others?

Yes, but it must be agreed, and a new lessee must be approved by DNB. Send an email with information about new lessee to ksbkreditt@dnb.no and we’ll get in touch.

More questions and answers

Our leasing products

  • Road freight

    Leasing of cars, lorries, buses and other wheeled equipment

  • Construction equipment

    Everything from excavators and cranes to sorting plants

  • Equipment

    Production machinery and other equipment your company needs

  • Fleet management

    Long-term lease of company- and service vehicles through Autolease