
Haulotte HA16 Articulating Boom Lift Financing





Straight answers before you send the equipment file.
Yes. Private-party sales from rental company liquidations are a common transaction for us. We'll need a bill of sale or purchase agreement, a description of the unit's hours and condition, and three months of your bank statements. We may order a third-party inspection depending on hours and age. The timeline is similar to a dealer purchase, maybe a day or two longer for the inspection.
If it's financed on a loan or $1 buyout lease and placed in service during the tax year, it generally qualifies for Section 179 deduction on the amount you put into service. Your CPA sets the limits and confirms eligibility based on your specific situation. We can provide documentation of the purchase amount and in-service date, which is what your tax advisor needs to process the deduction.
From a financing standpoint, all three are mid-size articulating booms in similar price ranges and we fund all of them the same way. The Haulotte may price slightly lower on the used market, which means better value per dollar of financing for some buyers. The underwriting looks at the machine's market value, your cash flow, and credit profile regardless of brand.
An equipment line of credit is set up for exactly that situation. We pre-approve a facility up to a set amount, and when you need the next unit, you draw against it with minimal additional paperwork. It's worth structuring that way upfront if you know you're adding to the fleet within the next year or so.
The financing contract runs against the machine as collateral, so repair needs after delivery are between you and the seller. This is why we recommend getting a pre-purchase inspection on any used unit before the deal closes, particularly on higher-hour machines. If you're buying from a dealer with a warranty, confirm what the warranty covers and for how long. We can't adjust a loan after funding based on post-sale repair costs.
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.