Aerial Lift Financing

Are You Looking to Buy an Aerial Lift and Need Financing?

We Are The Number One Independently Owned Transportation Equipment Finance Company in the United States.

At Commercial Fleet Financing, we understand that easily maneuverable aerial lift equipment is necessary to help you perform your everyday tasks.

That’s why we help you acquire aerial work platforms with right-sized financing options so you can get the equipment you need to boost operational efficiency, maintain high safety standards, and optimize inventory management. The equipment can also assist with transporting supplies and setting up displays.

Whether you need an aerial lift for maneuvering through tight warehouse aisles, installing ductwork, trimming branches, inspecting buildings, or any other type of work up high, count on Commercial Fleet Financing for industrial machinery financing expertise that keeps your operations agile. Let us handle the financing so you can focus on running an efficient business.

What Types of Aerial lifts Do We Finance?

Replacing old equipment or expanding your fleet gives your operators machinery that improves safety and efficiency. Commercial Fleet Financing offers financing solutions for aerial lifts including:

Order Pickers

Your operators use this lift to reach various platform heights and maneuver in narrow aisles within your warehouse. With Commercial Fleet Financing, expect knowledgeable guidance and a streamlined financing process.

Double-Reach Stackers

This machine has forks to retrieve stacked pallets. Let Commercial Fleet Financing extend your business reach with flexible financing options.

Very Narrow Aisle (VNA) Pickers for Narrow Aisles

These machines often have a zero turning radius and a rotatable mast or forks for side-loading pallets in tight spaces. Explore purchasing VNA pickers with a loan or a lease through Commercial Fleet Financing.

Man-Up Basket Boom

Operators can access challenging spots using a hydraulic arm and attached basket. With Commercial Fleet Financing, secure affordable financing to add a man-up basket boom to your equipment arsenal.

Scissor Lift

With a platform that expands vertically, you can install parts or reach control panels at varying heights with a good scissor lift. Our knowledgeable financing professionals can help walk you through your options so you can get the right lift for your business.

Telehandler

This machine uses a telescopic boom with forks or attachments to handle long and bulky materials, as well as transporting supplies. Whether you need equipment for material handling or routine maintenance, Commercial Fleet Financing can help you determine the best option.

Rough Terrain Scissor Lift

With a stable platform, this lift is ideal for outdoor use on uneven surfaces. Commercial Fleet Financing offers financing options that fit your budget and goals.

How Does Aerial Lift Financing Work?

Our streamlined financing process helps you quickly acquire the right aerial lifts for your business needs:

Application: Start by completing our straightforward online form or speak with our financing experts.
Review and Approval: Our financing partners assess your credit history, business experience, and unique needs.
Financing Options: Our team guides you through the available financing options, helping you find the perfect match for your budget, objectives, and requirements.
Funding: After choosing your financing solution, we’ll handle the paperwork and typically secure your funding within 24 hours.
Ongoing Support: We’re here to answer your questions and provide the latest solutions to support your growing business.

What Financing Options are Available for Aerial Lifts?

Equipment financing loans and leases are the two most common options for acquiring aerial lifts.

Loans

With this option, you borrow money from a lender, who reviews your credit history and business financials to determine your loan amount, interest rate, and repayment term (usually 2-7 years). Typically, after an initial 10% to 20% down payment, you make fixed monthly payments, including interest, to cover the remainder. Once it’s paid off, you own your equipment.

Benefits include:

Equity and Ownership: Owning an aerial lift through a loan builds equity in your business. Over time, as you pay off the loan, the asset becomes yours, increasing your company’s net worth, setting you up for future loan applications, attracting investors, or even selling the equipment down the line.
Tax Deduction Opportunities: Loan payments for an aerial lift may qualify for tax deductions for depreciation (the decrease in value over time) and interest. Consult with your tax advisor to understand the specific deductions available in your situation, but these deductions can potentially lower your overall tax burden.
Freedom to Customize Your Equipment: When you own an aerial lift, you have the freedom to customize it to fit your specific needs. You can add attachments, make modifications, or paint it with your company branding. This level of control might not be available with leased equipment.
Flexible Loan Terms: Depending on your lender and creditworthiness, you might be able to negotiate loan terms that work for your business. This could include factors like loan amount, interest rate, and repayment schedule.

Leases

When you lease an aerial lift, you essentially rent and use the equipment for a set period, usually 2-5 years. Under a lease agreement, you make monthly payments that cover interest and depreciation. When the lease ends, you return the lift, purchase it, or renew the lease.

Aerial lift leases may be a good option for your business if you have:

Limited Upfront Capital: You won’t need to worry about a large down payment.
High Equipment Turnover: Avoid long-term commitment if you plan to use your lift for a short time or upgrade your equipment to a newer model without the hassle of selling.
Interest in Tax Advantages: Lease payments might be tax deductible.

Benefits of financing with a lease include:

Protects Your Cash Flow: Leasing an aerial lift requires a lower upfront cost compared to a loan, which helps conserve your business’ working capital for other needs and avoids a large initial outlay.
Delivers Potential Tax Benefits: Lease payments may offer tax deductions for the entire lease amount. While ownership allows for depreciation deductions, consult with your tax advisor to understand which option provides a greater tax benefit in your specific situation.
Easier Upgrading to Newer Equipment: At the end of the lease, you can simply return the equipment and upgrade to a newer model with the latest features, keeping your technology current without the hassle of selling the old equipment.
Simplifies Your Budget with Fixed Monthly Payments: Lease payments are typically fixed throughout the lease term, making budgeting and financial forecasting easier. You’ll know exactly how much you owe each month, eliminating the uncertainty of unexpected repair costs that can arise with ownership.

Why Finance Your Aerial Lift with Commercial Fleet Financing?

Commercial Fleet Financing is the right choice for your aerial lift financing. Since 1995, we’ve helped companies acquire specialized equipment to grow their business.

With Commercial Fleet Financing, enjoy competitive rates tailored to your credit and business history. We streamline the financing application process, ensuring it is quick and simple, with transparent pricing and no hidden fees. Our terms are flexible to accommodate various equipment types and purchasing needs.

Our application process is efficient, with most loans approved within 24 hours and funding possible in two business days. With Commercial Fleet Financing, expect continuous support throughout the financing process and beyond.

Contact Commercial Fleet Financing today and experience the difference excellent rates, adaptable terms, and a strong commitment to customer service make.