Finance forklifts, conveyors, pallet racking, AS/RS systems, and complete warehouse automation. Payments from $290/month with 24-hour approvals available.
| Equipment | Avg. Cost | 36-Month | 48-Month | 60-Month | 72-Month |
|---|---|---|---|---|---|
| Electric Pallet Jack | $12,000 | $371/mo | $287/mo | — | — |
| Stand-Up Reach Truck | $28,000 | $865/mo | $669/mo | $554/mo | — |
| Sit-Down Electric Forklift (3,000 lb) | $32,000 | $989/mo | $764/mo | $633/mo | — |
| LP/Propane Forklift (5,000 lb) | $38,000 | $1,174/mo | $908/mo | $752/mo | — |
| Sit-Down Electric Forklift (10,000 lb) | $55,000 | $1,699/mo | $1,314/mo | $1,089/mo | $943/mo |
| Narrow Aisle Turret Truck | $75,000 | $2,318/mo | $1,793/mo | $1,485/mo | $1,286/mo |
| Pallet Racking (10,000 sq ft) | $85,000 | — | $2,031/mo | $1,683/mo | $1,457/mo |
| Belt Conveyor System | $150,000 | — | $3,587/mo | $2,970/mo | $2,572/mo |
| Sortation System | $500,000 | — | — | $9,900/mo | $8,573/mo |
| Mini-Load AS/RS | $1,200,000 | — | — | — | $20,574/mo |
| Unit-Load AS/RS (complete) | $5,000,000 | — | — | — | $85,725/mo |
| Category | Equipment Types | Price Range | Typical Term |
|---|---|---|---|
| Forklifts | Counterbalance, reach trucks, order pickers, turret trucks | $15,000–$85,000 | 36–60 mo |
| Pallet Jacks | Manual, electric walkie, electric rider | $1,000–$15,000 | 24–48 mo |
| Pallet Racking | Selective, drive-in, push-back, pallet flow, cantilever | $20,000–$500,000 | 48–72 mo |
| Conveyors | Belt, roller, chain, overhead, power & free | $20,000–$5M | 48–72 mo |
| Sortation | Tilt tray, cross-belt, shoe sorter, pop-up wheel | $100,000–$5M | 60–72 mo |
| AS/RS | Mini-load, unit-load, ASRS crane, vertical carousels | $500,000–$50M+ | 60–84 mo |
| AGV/AMR | Autonomous mobile robots, guided vehicles | $25,000–$500,000 | 48–60 mo |
| Dock Equipment | Dock levelers, dock seals, bumpers, restraints | $3,000–$50,000 | 36–60 mo |
| Vertical Lift Modules | Kardex, Hanel, AutoStore, Modula | $50,000–$500,000 | 48–72 mo |
| WMS Software | Manhattan, SAP EWM, Oracle WMS, Blue Yonder | $50,000–$5M | 36–60 mo |
World's largest forklift manufacturer. Products include the 8-Series electric counterbalance forklifts, 8FBCU series reach trucks, and BT order pickers. Toyota Financial Services offers 0% promotional financing on select new forklifts.
Key models: 8FBN15, 8FBN20, 8FBCU20 (most popular warehouse forklifts). Used Toyota forklifts finance easily due to exceptional resale values — 50–65% retained value at 5 years.
Privately held American forklift manufacturer. Known for the FC 5200 Series counterbalance, RR 5700 Series reach trucks, and SP Series order pickers. Crown Credit (OEM financing) is competitive and startup-friendly.
Key feature: Crown's InfoLink fleet management system, included on new forklifts, tracks utilization data that helps justify financing requests and improve utilization ROI.
Manufacturer of both Hyster and Yale brands. Hyster targets heavy-duty industrial use; Yale targets lighter duty and distribution centers. Hyster-Yale Financial (HYFS) provides OEM financing for both brands.
Key models: Hyster H40-70FT (indoor LP forklift), Yale GLC series (general purpose). Strong presence in automotive, paper, and heavy manufacturing.
World's largest warehouse automation company. Products include unit-load and mini-load AS/RS systems, conveyors, sorters, goods-to-person systems, and DEMATIC IQ warehouse control software. Serves Amazon, Walmart, Target, and major 3PL operators.
Financing: Large Dematic systems ($2M–$50M+) are typically financed through KION Financial Services, sale-leaseback arrangements, or project financing with commercial banks.
Leading manufacturer of vertical lift modules (VLMs), carousels, and shuttle systems. The Kardex Remstar Vertical Lift Module is widely used in parts distribution, healthcare, and electronics. Systems range from $50,000 for a single VLM to $2M+ for large integrated systems.
Financing: Kardex Financial and third-party equipment lenders finance VLMs at 48–72 months. Strong ROI calculation (space savings + labor reduction) makes these easy to finance.
Germany's leading forklift and warehouse systems manufacturer. Products include EFG electric counterbalance forklifts, ETX reach trucks, and EKS order pickers. Jungheinrich Financial Services provides OEM financing with European-style long-term lease programs.
US market: Growing rapidly in North America. Considered premium quality at a 10–15% discount to Toyota/Crown. Used Jungheinrich equipment finances well due to strong European resale market.
| Factor | Equipment Loan (Buy) | Operating Lease |
|---|---|---|
| Ownership | You own at payoff | Lessor owns equipment |
| Monthly Cost | Lower on longer terms | Lower on short terms |
| Maintenance | Your responsibility | Often included in lease |
| Technology Upgrade | Must sell/trade in | Easy at lease end |
| Section 179 Deduction | Full deduction available | Lease payments deductible |
| Fleet Management | Your responsibility | Included in managed lease |
| Best For | Long-term, high-utilization ops | Seasonal, variable operations |
Minimum 650 FICO for standard programs. Scores 700+ access the best rates. Scores below 650 may qualify with 20%+ down payment or through specialized warehouse/distribution lenders who understand the industry.
2 years preferred. Startups can often qualify for forklift and racking loans with 20% down. New 3PL companies with signed customer contracts are viewed favorably. Large AS/RS investments typically require 3+ years of profitable operations.
Lenders typically require revenue of 2–3x the annual loan payment. Business tax returns for 2 years, P&L statement, and current balance sheet. For 3PL operators, existing customer contracts significantly strengthen the application.
OSHA 29 CFR 1910.178 requires forklift operator training and certification for all operators. Lenders may ask about safety training programs as part of the application review, particularly for large fleets. Proper safety programs reduce insurance costs and strengthen loan applications.
Forklifts serve as primary collateral. Racking and conveyors are treated as fixtures (attached to the building) by some lenders, which can complicate financing if the building is leased. Lenders may require landlord waivers for permanently installed equipment.
Commercial property insurance and inland marine coverage for warehouse equipment. Forklift insurance is typically included in commercial property policies. Large automated systems (AS/RS, conveyors) should be scheduled separately. Equipment breakdown coverage is strongly recommended.
$250,000–$800,000/year
10,000–50,000 sq ft facility. Local distribution, e-commerce fulfillment, or self-storage operations. Equipment investment $100,000–$500,000.
$2M–$15M/year
50,000–250,000 sq ft. Third-party logistics for 5–20 customers. Conveyor, sortation, and managed forklift fleet. Equipment investment $500,000–$5M.
$15M–$100M+/year
250,000 sq ft+ with full automation, AS/RS systems, AMRs, and advanced WMS. Primarily e-commerce and retail distribution. Equipment investment $10M–$50M+.
Equipment Financing
Axiant Partners finances all major equipment brands — Caterpillar, Komatsu, John Deere, XCMG, SANY, and 200+ more. 0% down available for qualified borrowers regardless of brand. Terms 36–84 months.
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