Equipment Loans
Borrow, make fixed payments, own the forklift. 0-20% down, 36-60 months. Rates 6-15%.
Financing program
Forklifts cost $15,000-$80,000+ new depending on type and capacity. Spread the cost with equipment financing. Decisions in 24-48 hours for qualified applications. Warehouses and manufacturers nationwide.
Forklift financing covers purchases in the $15K-$80K+ range. Most shops use an equipment loan or lease rather than paying cash: decisions typically come in 24-48 hours, terms run 36-60 months, with 0-20% down and credit from 600+. Axiant matches you with lenders in all 50 states, and SBA programs stretch terms further on larger purchases.
Forklifts lift, move, and stack pallets in warehouses, distribution centers, and manufacturing plants. Electric, propane, and diesel units cost $15,000-$80,000+ new. Paying cash ties up capital you need for inventory, payroll, and operations.
Lenders like forklifts—high-volume market, predictable resale. Toyota, Crown, Raymond, Hyster, Yale hold value. Multi-unit fleet deals can secure better terms. Lease structures popular for companies that cycle equipment every 5-7 years. Apply now. See logistics & warehousing business financing.
Material handling vehicles used to lift, move, and stack pallets. Types: sit-down counterbalance (electric, propane, diesel), reach trucks, order pickers, pallet jacks. Capacity 3,000-10,000+ lbs. Brands: Toyota, Crown, Raymond, Yale, Hyster.
Lenders like forklifts—high volume, predictable resale. Electric vs propane affects upfront cost. Multi-unit deals can secure better terms. Logistics equipment financing. Approval typically 1-5 days.
Use working capital for operations; equipment financing for forklifts.
Borrow, make fixed payments, own the forklift. 0-20% down, 36-60 months. Rates 6-15%.
Lower payments. Return, purchase, or upgrade at lease end. Loan vs lease.
Longer terms, lower down. 30-60+ days. View SBA.
New: Electric sit-down $25K-$45K. Propane/diesel $30K-$55K. Reach trucks $35K-$60K+. Large capacity $50K-$80K+. Used: 25-40% less. 3-year-old electric $18K-$30K. Financing used equipment.
Rates 6-15%. Terms 36-60 months. $40,000 electric at 8% over 48 months — $977/month. Use our financing calculator to estimate payments. Down payment varies.
| Requirement | Typical Range |
|---|---|
| Credit score | 600+ (680+ best) |
| Down payment | 0-20% |
| Time in business | 1-2+ years |
| Revenue | Proof of income |
| Equipment quote | Written quote |
3-6 months bank statements, tax returns, P&L, equipment quote, business documents.
When you have clear need, written quote, and financials. Apply before you need the forklift. Axiant Partners matches with lenders.
Preserves working capital. Tax benefits—Section 179, bonus depreciation, lease as operating expense.
Before applying for Forklifts financing, clarify your needs: capacity, throughput, and how the equipment fits your workflow. Get written quotes from reputable dealers or integrators. Compare new vs used—many lenders finance used equipment when condition is documented. Consider bundling with related equipment for larger deals that may secure better terms. Plan for installation lead times and training. Use our financing calculator to estimate payments.
Gather these before applying: 3-6 months of business bank statements; prior-year tax returns; current-year P&L; a detailed equipment quote with specs and pricing; business formation documents (LLC, Corp); and proof of time in business. Multi-location or franchise operations may need additional documentation. Complete applications receive faster decisions—typically 24-48 hours for equipment financing. What lenders look at.
Forklifts typically qualifies for Section 179 (deduct full purchase price in year of purchase, subject to limits) and bonus depreciation. Lease payments are usually fully deductible as operating expenses. These benefits can significantly reduce the net cost of financing—consult your CPA for your situation.
1-5 days. Quote & apply ? Match ? Review ? Funding.
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Written quote. One application.
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Programs fit your forklift purchase.
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24-48 hr for many.
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Sign. Funds to seller.
One application, we match you with lenders.
Explore focused guides on forklift financing topics.
Yes. Many lenders finance used forklifts 5-7 years old. Hours, condition, capacity, brand affect approval.
600+ typical. 680+ best rates. 580+ possible when revenue strong.
1-5 days equipment. SBA 30-60+ days.
Lenders finance both. Price and condition matter more.
Leasing: lower payments, upgrades. Buying: equity for long-term use.
Applications reviewed the same day. We match warehouses and manufacturers with lenders for forklift and material handling financing.