Cherry Picker Financing

Are You Looking to Buy a Cherry Picker and Need Financing? We Are The Number One Independently Owned Transportation Equipment Finance Company in the United States. Contact Us To Help Grow Your Fleet!

At Commercial Fleet Financing, we understand your business depends on having safe, reliable cherry-pickers and other aerial work platforms. Whether you are a manufacturing or production company that uses cherry pickers for installing, maintaining, and repairing machinery, a warehouse or distribution center stocking inventory, picking orders, and conducting inventory counts, or even a mine or quarry needing to inspect and maintain equipment in high areas, you must have the right equipment for the job.

We understand that the significant upfront cost of establishing and maintaining a fleet of cherry picker vehicles is just one hurdle your business faces. You also have to contend with challenges like credit requirements, depreciation, and maintenance costs.

By teaming with Commercial Fleet Financing, you can finance the new or used equipment your business needs to grow. Our friendly, knowledgeable professionals will walk you through every step, providing you with competitive rates, flexible terms, and personalized service to deliver financing options customized to your unique needs.

Whether you’re looking for your first scissor lift, or investing in a dozen trailer-mounted cherry pickers, you’ll see the benefits of working with a company that knows your industry inside and out. Commercial Fleet Financing is a one-stop shop with the financing expertise and experience to help lift your business to new heights.

What Types of Cherry Pickers Do We Finance?

Accessing hard-to-reach places is just part of doing business for your company. By adding more cherry pickers to your fleet, or replacing old machinery with updated technology, you can work more quickly and safely. Commercial Fleet Financing offers financing solutions for a variety of types of equipment, including:

Telescopic Boom Lifts

With a telescoping boom that extends vertically and horizontally, these cherry pickers provide access to difficult-to-reach areas. Let Commercial Fleet Financing support you with flexible financing options so your business can take on these difficult jobs with ease.

Articulating Boom Lifts

Articulating boom lifts have multiple hinged sections that provide greater flexibility and maneuverability. Commercial Fleet Financing offers tailored financing solutions so no job is out of reach.

Scissor Lifts

Scissor lifts give you a stable platform that moves vertically using a folding mechanism, typically in a straight line, so you can access products and machinery that’s high off the ground. Commercial Fleet Financing can give you financing options for these essential pieces of equipment that fit your budget and goals.

Trailer-Mounted Cherry Pickers

These cherry pickers are mounted on trailers for easy transport and deployment. Whether you need them to travel between work sites or expand your services to a new market, Commercial Fleet Financing’s knowledgeable professionals will provide financing support that makes sense for your business.

Spider Lifts

Spider lifts, also known as tracked aerial lifts, are compact and lightweight cherry pickers with extendable legs or tracks that allow them to operate on rough or uneven terrain. When you need lifts that stand firm for your workers, Commercial Fleet Financing has solutions so you can quickly get reliable equipment on the job.

Vertical Mast Lifts

Vertical mast lifts have a single vertical mast with a platform that moves straight up and down. Count on Commercial Fleet Financing for competitive vertical mast lift financing that ensures you always have the right equipment for your fleet.

How Does Cherry Picker Financing Work?

Commercial Fleet Financing offers a streamlined financing process that enables you to get the funds to purchase the cherry picker equipment you need quickly and efficiently:

Application: Complete our easy-to-use online application to get started. If you prefer, one of our financing specialists is happy to meet with you to learn about your financing needs and discuss your options.
Review and Approval: We consider your business’s credit history, experience, and specific fleet requirements. Experienced professionals who understand your industry will work with you to navigate approval.
Financing Options: Our team will explain your options, then help you understand and choose the best financing solution for your needs. We’ll discuss your budget, business goals, and cherry picker fleet requirements.
Funding: After you’ve chosen your financing plan, we’ll complete the paperwork to secure your funds. We can often deliver a quick response, typically within 24 hours.
Ongoing Support: We’re here to help after you make your purchase. We’ll address your questions and offer up-to-date solutions as your business grows.

What Financing Options are Available for Cherry Pickers?

No matter how you’d like to approach your purchase, Commercial Fleet Financing has options for you. Here are a few of the ways you can finance new or used equipment:

Loans

Equipment loans are specifically designed to finance the purchase of equipment, including cherry pickers. With this type of loan, the equipment itself serves as collateral, which can make it easier to qualify for financing. Interest rates and terms may vary depending on factors such as the borrower’s creditworthiness and the lender’s requirements. Benefits include:

Capital Preservation: By financing the purchase of a cherry picker through a loan, you can conserve your working capital for other operational needs. Instead of tying up a large sum of money upfront to buy the equipment outright, you’ll make manageable payments over time, preserving cash flow.
Fixed Payments: Loans typically come with fixed interest rates and fixed monthly payments, giving you predictability and stability in budgeting that makes it easier to plan for expenses and manage cash flow effectively.
Tax Benefits: In many cases, you can deduct the interest paid on equipment loans as a business expense. Additionally, depending on the tax laws in your jurisdiction, you may be eligible for depreciation deductions on the equipment itself, further reducing your tax liability.
Ownership and Equity: Unlike leasing, which involves renting equipment for a period of time, financing through a loan allows you to own the equipment outright once the loan is paid off. You build equity in the asset, which can be beneficial for your business’ balance sheet and overall financial position.
Flexibility: Loans offer flexibility in terms of loan amounts, repayment terms, and financing options. You can often choose a loan structure that best suits your needs, whether it’s a shorter-term loan with higher monthly payments or a longer-term loan with lower monthly payments.
Potential for Growth: Access to financing for cherry pickers and other industrial equipment can enable your business to expand its operations, take on new projects, or increase productivity. By investing in the right equipment, you can position yourself for growth and competitive advantage in your market.

Leasing

Leasing is another popular option for acquiring cherry pickers and other industrial equipment. With a lease, you essentially rent the equipment for a specified period, making regular lease payments. At the end of the lease term, you may have the option to purchase the equipment, return it, or renew the lease.

Leasing can be advantageous for businesses that prefer to avoid large upfront costs and want the flexibility to upgrade equipment as needed. Some additional benefits include:

Lower Upfront Costs: Leasing typically requires little to no upfront payment, allowing you to conserve capital for other operational expenses or investments. This can be especially advantageous for small businesses or those with limited cash reserves.
Predictable Budgeting: Lease agreements usually come with fixed monthly payments, making it easier for businesses to budget and forecast expenses. Predictability like this can help improve cash flow management and reduce financial uncertainty.
Maintenance and Service: In many lease agreements, the leasing company is responsible for the maintenance and servicing of the equipment. You’re not held responsible for upkeep, repairs, and servicing costs, saving both time and money.
Flexibility and Upgrades: Leasing offers you the flexibility to upgrade or replace equipment frequently. At the end of the lease term, you may have the option to return the equipment, renew the lease with upgraded equipment, or purchase the equipment at a predetermined price.
Tax Benefits: Lease payments are typically considered operating expenses and may be fully deductible as business expenses, reducing the lessee’s taxable income. Additionally, leasing can help you avoid depreciation recapture and other tax implications associated with asset ownership.
Access to Latest Technology: Leasing allows businesses to access the latest cherry picker models and technology without the long-term commitment of ownership. This can be beneficial for industries where technological advancements can significantly impact efficiency and productivity.
Preservation of Credit Lines: Because leasing cherry picker equipment does not typically require collateral beyond the leased equipment itself, you can preserve your business’ credit lines for other financing needs, such as working capital loans or expansion projects.

Why Choose Commercial Fleet Financing?

Before your business makes a large investment, it’s important to partner with an advisor who understands your goals. Since 1995, we’ve been helping businesses finance their industrial equipment. By choosing Commercial Fleet Financing, you gain a trusted partner who knows your industry and the unique challenges facing owners and fleet managers like you. With us, you get:

Competitive Rates and Flexible Terms

We offer competitive rates tailored to your credit score and business history. Our terms are flexible, with special deals available for different types of cherry picker purchases.

Easy Application Process

Our application process is simple. Loans are typically approved within 24 hours, meaning you could receive the funding you need in just 2 business days.

Transparent Pricing

When you work with Commercial Fleet Financing, you can trust that our pricing is transparent, with no hidden fees or confusing language. You’ll know exactly what to expect.

Strong Customer Service

Our team of knowledgeable professionals takes the time to get to know your business. We’ll be with you through every step of your financing process, and we’ll stay with you as your business evolves.

Choose Commercial Fleet Financing for your cherry picker financing needs, and you’ll experience the difference our competitive rates, flexible terms, and customer-focused service make. Contact us today to begin enhancing your fleet.