Electrical Contractors

Conduit does not run itself to the ceiling. Every large commercial electrical job has the same geometry: panel at the main level, conduit runs climbing the wall, distribution gear in the mechanical room, and lighting fixtures at 25 or 40 feet across a big open floor. The crew gets up there one way or another, and the electrical contractor who owns the right lift arrives on site ready instead of waiting for a rental to show up. We fund aerial lifts for electrical contractors from $50,000 on up, application-only to around $400,000, decision in a day, funded in one to two weeks.

The core funded range for EC firms is typically a 40-foot articulating boom or a pair of 26-foot slab electrics, and those units fall well inside our common deal range. Prior credit issues are reviewed in context. If the crew is working and the bank statements show it, we can usually structure something.

The most common aerial lift for an electrical crew is a mid-height slab electric scissor, typically 19 to 26 feet. It is non-marking, runs on a finished floor, fits through standard commercial doorways, and puts two people and a tool load at the working height most interior conduit and lighting jobs need. A crew that owns two or three of these moves from job to job with zero rental dependency on the work that makes up 70 percent of their project volume.

For higher commercial and industrial work, an articulating boom lift in the 45 to 60-foot class is the standard tool. Panel work on a high industrial bay, conduit runs to a rooftop RTU, overhead distribution work at 50 feet in a warehouse: those all want a knuckle that can reach over an obstacle and hold a person with a full conduit bender safely in the air. A knuckle boom lift at 45 feet is the unit most mid-size electrical contractors should own rather than rent repeatedly.

Outdoors and on active construction sites, rough-terrain boom lifts handle the reach and the terrain that a slab electric cannot. Electrical contractors doing site lighting, large-scale commercial new construction, or industrial plant work often own one rough-terrain boom alongside their interior fleet. The two equipment types serve different site conditions and rarely compete for the same job.

At the specialty end, spider lifts on tracked undercarriages reach tight atriums and floor-load-sensitive spaces where a rubber-tired machine is not permitted. Most EC firms rent these for the specific job, but those doing a volume of historic or high-density urban work occasionally add one to the fleet.

New units come with full OEM warranty and zero hours, which matters when a GC specifies maximum machine age on a job. JLG and Genie both have strong dealer networks with maintenance and parts support, which lowers the risk of downtime on a job where the lift is critical path. New 26-foot slab electrics typically run $28,000 to $40,000 depending on the manufacturer and configuration.

Used units bought from a rental house at auction or through a dealer are often a better financial play for a smaller EC firm. A 2018 or 2019 Skyjack or Genie scissor lift with 500 to 1,000 hours on it will run the same jobs as a new unit and cost 40 to 60 percent less. The risk is the repair cost if something fails, so condition and service records matter. We fund used equipment and we have seen plenty of EC firms build a capable fleet entirely from used units.

A common approach is a hybrid fleet: one or two new units with warranty for the jobs where age matters, and several used units for everyday work. We can finance a mixed purchase as one deal or as separate transactions depending on the sourcing timeline.

Can I finance an articulating boom and two scissor lifts as a package?

Yes. A mixed-unit purchase can often be structured as a single deal or as separate line items, depending on whether the equipment is coming from one vendor or multiple sources. If they are all from one dealer, one application usually covers the whole package.

My EC firm has been in business for 18 months. Is that enough history to qualify?

Eighteen months of operating history with clean bank statements is workable. Newer businesses may face tighter terms, a larger down payment, or a shorter approval limit, but a licensed EC firm with active jobs and solid bank statements usually has a path to at least a starter unit.

Can I use financing to buy aerial lift attachments like jib booms or pipe cradles?

Yes. Attachments and accessories can typically be included in the same financing as the base unit. They need to be itemized, and the lender needs to confirm the attachment is associated with a specific machine, but rolling them in is standard practice.

How does a sale-leaseback work if I already own a boom lift outright?

We purchase the titled equipment from you at fair market value, lease it back to you at a fixed monthly payment, and you keep using it on the job. The cash you receive can go toward buying more equipment, covering payroll during a slow quarter, or any other business use.

What if the job requires a lift I do not own and my credit is not perfect?

Prior credit issues are reviewed in context. If the job is real, the bank statements support the payment, and you have been in business a reasonable amount of time, we can often find a structure that works. The application takes five minutes and the answer comes back fast.