JLG Lift Financing

The rate JLG equipment earns on a rental yard depends on one thing: how fast you get it in the air. A 600S sitting on a flatbed waiting for paperwork is a 600S that isn't billing. We fund JLG booms, scissors, and telehandlers so your fleet decision stays ahead of your cash cycle, not behind it.

JLG Industries, headquartered in McConnellsburg, Pennsylvania, is the largest aerial work platform manufacturer in the world by unit volume. They produce everything from compact 19-foot electric scissors to 185-foot telescopic booms, plus a full line of telehandlers and vertical mast lifts. That range is exactly why rental companies and contractors keep coming back to the brand: one OEM covers the whole spec board, from tight slab work to high-steel commercial.

We finance the full JLG lineup, new from dealer stock or used off a rental fleet, single units or multi-unit purchases. Fifty thousand dollars is the floor; the core funded range for most buyers runs from $100,000 to $150,000 and up. Statement-led approval can apply around the $400,000 mark, which covers most three- or four-unit JLG purchases without pulling tax returns. Funding typically runs about one to two weeks from application to cash.

The JLG catalog is deep. On the scissor side, the 1930ES and 2632ES are the two most common electric slabs in North American rental fleets, running 19 and 26 feet of working height on a slab-rated drive class. Step up to the 3369LE for 33 feet of electric reach. For rough terrain, the RT series runs diesel and handles grades and uneven ground that would ground a slab machine. We fund all of them.

Boom lift financing covers the full range. The 600AJ is an articulating boom with 60 feet of working height and the knuckle reach to clear obstructions on commercial facades. The 600S telescopic pushes that same 60-foot height in a straight-stick format preferred for steel and bridge work. Going taller, the 800AJ and 800S step to 80 feet. For high-rise and industrial applications, the JLG 1250AJP at 125 feet and the JLG 1500SJ telescopic boom at 150 feet are the units most operators need to finance because of the capital involved, not because of any approval difficulty.

We also fund multi-unit JLG fleet acquisitions when rental companies are adding depth to a model or refreshing aging units. Fleet packages above $400,000 move to a full financial review, but single-unit and small multi-unit deals process on an application and three months of bank statements.

New JLG equipment comes with the OEM warranty, current safety certifications, and JLG's SkyConnect telematics if the buyer opts in. For a rental company building a fleet, new units simplify the maintenance schedule and support higher daily rates. The trade is the higher acquisition cost and a steeper initial monthly payment.

Used JLG equipment, particularly units coming off two- to four-year rental cycles, is often in solid mechanical shape with significant price reduction. A used 600AJ with 1,500 to 2,000 hours typically sells for 40 to 55 percent of new sticker. That math can produce a much stronger cash-on-cash return if the unit goes out on rental immediately. We fund used aerial lift purchases at the same rates as new, with no machine-age penalty on units ten years old or newer that pass a basic inspection.

For operators refinancing JLG units already in service, we offer aerial lift refinancing that can reduce the monthly payment or pull equity out of paid-down machines. If you own units outright, a sale-leaseback turns that iron into working capital while you keep using the equipment.

Can I finance a used JLG bought from a private seller, not a dealer?

Yes. Private-party JLG purchases qualify under our used equipment program. We need a bill of sale, basic unit information (make, model, year, hours), and an inspection report if available. The approval process is the same as a dealer purchase.

My business has been open 14 months. Can I still get approved for a JLG boom?

Fourteen months with consistent revenue is enough to work with. We use bank statements rather than a long operating history as the primary qualifier at that stage. Statement-led review below the $400k line applies.

I already own two JLG booms outright. Can I pull cash out of them?

That's a sale-leaseback. You sell the units to the lender, receive a lump-sum payment, then continue using the machines under a lease. It converts idle equity into capital. We do those on JLG equipment regularly.

What's the typical term length for a JLG scissor or boom loan?

Most JLG equipment loans run 48 to 72 months. Shorter terms have higher monthly payments but less total interest. Rental companies often prefer 60-month terms to match the machine's rental revenue cycle. We offer both loan and lease structures depending on what fits your tax and cash-flow situation.

Does the JLG machine need to be under a certain age to qualify?

We fund JLG units up to about ten years old without additional conditions. Older machines may still qualify on a case-by-case basis, particularly if the hours are low and the unit has documented service history.