Mast Lift Financing

Overhead work inside a tight building costs more than people expect when the wrong equipment is on the floor. Scaffold takes a crew half a day to build and another half to tear down. A scissor lift is too wide for narrow aisles and too heavy for some mezzanine floors. Mast lifts solve both problems: narrow footprint, light chassis, quiet electric drive, and a vertical mast that positions a single operator precisely at working height without disturbing the rest of the floor operation.

Mast lifts range from compact push-around units at 12 to 20 feet of working height up to self-propelled models reaching 50 feet or more. The self-propelled versions drive while elevated, which matters for work like running conduit along a long run or cleaning a continuous glass facade without repositioning every few feet. Push-around models are manual and lighter, suited for tasks where the operator moves the unit between positions on the ground rather than driving it elevated.

We finance mast lifts for facility operators, maintenance contractors, and rental companies. Our $50,000 floor means we're generally talking about multi-unit purchases or the higher-end self-propelled models rather than individual push-around units. The application process is straightforward: one-page app, three months of bank statements, equipment quote or invoice, and we fund in about two weeks. challenged credit is not a wall. It's a starting point for a conversation about the deal structure.

Mast Lift Specs That Matter

Working height and platform size are the two numbers that determine whether a mast lift is the right unit for a job. Self-propelled mast lifts in the 30-to-40-foot class are the most versatile for commercial maintenance work, reaching building HVAC equipment, sprinkler systems, and overhead lighting in spaces that a scissor lift can't access due to width or floor loading restrictions. Units in this class from Genie (the Genie Runabout series), JLG, and Haulotte typically carry 250 to 350 pounds at platform, which is one worker with tools.

Floor load is a real spec consideration for mast lifts operating on elevated floors or mezzanines. A single-mast unit spreads its weight across a small footprint, and lighter models can operate on flooring that can't support a scissor lift. If you're outfitting a facility where the maintenance work happens on multiple levels, verify the floor load rating before selecting the unit.

Drive speed while elevated is another practical differentiator. Some mast lift models restrict to very low crawl speed above a certain height for stability. If your technicians are covering long horizontal runs of ceiling while elevated, a model with faster elevated drive reduces the time per task measurably. Ask the dealer for the elevated drive speed spec before you spec the unit.

Mast lifts work alongside vertical mast lifts and push-around lifts in most facility fleets, each serving a different height class and task type. A well-structured fleet has all three available, and we can finance the whole package as a single transaction.

Refinancing and Leaseback on Existing Mast Lifts

If you own mast lifts free and clear, there's equity sitting in that iron that most operators don't touch until they need it. A sale-leaseback converts that equity to cash while you keep the units in service. We assess the current market value, fund against it, and structure a payment that fits your current cash flow. The process takes about two weeks and does not require you to remove the equipment from operation.

Refinancing an existing note on a mast lift fleet makes sense when interest rates have moved, when your credit profile has improved since the original deal closed, or when you want to extend the term to reduce the monthly payment and free up operating cash. We refinance existing equipment loans and leases from other lenders and can often improve the structure in one of those three ways.

Cash-out refinance is the third option: you owe less than the unit is worth, and we fund the difference as cash while replacing the original note. If your mast lift fleet has appreciated in value relative to the outstanding balance, a cash-out refi pulls working capital without a new unit purchase. See our cash-out equipment refinance page for how that structure works in detail.

Can I refinance a mast lift I bought two years ago and still owe on?

Yes, provided the current value of the unit exceeds the payoff on the existing note. We pay off the prior lender and either match or improve your current payment structure. If the unit has appreciated in value above the payoff, a cash-out version of the refinance puts the difference in your account.

What's the difference between a mast lift and a scissor lift for this type of financing?

Operationally they serve different jobs and floor types, but for financing purposes they're treated identically. Both are aerial work platforms, both are financed as equipment, and both go through the same application and documentation process. The price point is the main variable that determines how the deal is structured.

Our business is only two years old. Can we still get a mast lift financed?

Two years of operating history is generally workable. We look at the bank statements from those two years, the current revenue run rate, and the deal structure. A newer business may see a slightly higher rate or a down payment request, but two years of operating history is not a barrier to approval.

Do you finance mast lifts for rental companies?

Yes. Rental company fleets are a core part of what we do. We understand the utilization economics and the rate card math. We've structured blanket facilities for rental operators and individual unit transactions alike.

Can I finance a mast lift along with other equipment types in one deal?

Yes. Multi-equipment transactions are common. If you're buying mast lifts alongside scissors and a boom, we can often structure those as one deal with one payment, one lien filing, and one set of documents. It simplifies the fleet management and usually produces cleaner terms than running three separate applications.