
Spider (Tracked) Lift Financing





Straight answers before you send the equipment file.
Yes. challenged credit is something we work with routinely. For a spider lift purchase, the equipment value and the revenue it generates for the operation both factor into the underwrite. If the business is generating the cash flow to support the payment, we find a path even when the credit history has rough patches.
Yes. Loans, true leases, dollar-buyout leases, and sale-leaseback are all available for spider lifts. The underwriting is more specific to the equipment's value and the operator's ability to demonstrate revenue from the unit's use, but the structures themselves are identical to what we use for any aerial platform.
Stronger than most aerial equipment categories, particularly for Teupen and Palazzani units with documented service history. The buyer market is specialized but consistent, and well-maintained units hold value well. This supports higher advance rates on used units compared to some other aerial categories.
Most compact spider lifts are light enough to tow behind a pickup on a standard utility trailer within CDL weight thresholds. Larger units with more height capacity weigh more and may require a heavier trailer and potentially a CDL depending on the total combination weight. Always verify your specific unit's transport weight before speccing the tow vehicle.
Application-only deals under $400,000 typically close in one to two weeks once we have the application, three months of bank statements, and the equipment invoice or quote. If the deal requires a full financial package, add a few business days for review. We move as fast as the documentation allows.
Tell us what you are buying, who is selling it, and when you need it earning. We will review the file and point you to the next step.