IronPlanet, an online marketplace for selling and buying used equipment and other durable assets, announced that buyers on IronPlanet, TruckPlanet and GovPlanet can now take advantage of instant Express financing on equipment purchases when they want to bid.

Bidders can choose to get pre-approved for financing instantly via Express prior to bidding so they are confident in placing higher bids, or they can choose instant financing via Express after purchasing an item. Cat Financial, a trusted name in the industry, is also a partner with IronPlanet for equipment finance.

Express, by Currency Capital, along with IronPlanet’s IronClad Assurance equipment condition certification is another way that IronPlanet helps its customers to buy online with confidence.

IronPlanet’s suite of value-added buyer services includes:

• Its IronClad Assurance equipment condition certifications and inspection reports
• Instant financing with Express and financing options from Cat Financial
• Warranty programs on eligible equipment from Cat Financial, TruNorth and AmTrust; and
• Competitive quotes and state of the art transportation support from VeriTread

“Express’s ability to provide instant financing gives our buyers more purchasing power and greater transparency in their ability to make equipment purchases,” said Randy Berry senior vice president, Operations & Services, IronPlanet. “At IronPlanet we are committed to giving our customers the confidence to bid on big, heavy equipment that keeps their businesses running. From our IronClad Assurance, to our long-time partnership with VeriTread, and now our multiple warranty and financing options, online buyers have an integrated experience that lets them bid, buy, transport and put to work the used equipment they buy from us – all in one transaction from their office or jobsite.”

Buyers can pre-qualify for financing or get it at the time of purchase by clicking on the Express “power dollar” on IronPlanet equipment pages. IronPlanet buyers can take advantage of fast, competitive options for financing whether they are purchasing a crawler tractor on IronPlanet, a long-haul truck from TruckPlanet, or a Humvee (HMMWV) on GovPlanet.

“Financing heavy equipment can often be a major hurdle for buyers,” said Currency CEO Charles Anderson. “Our partnership with IronPlanet increases buying capacity for business owners, providing them unprecedented access to the financing they need to continue growing their business. Express makes the entire process easy. Together we get money into sellers hands quickly and most importantly get much needed equipment back to work for new owners.”