Haulotte HA20 Boom Lift Financing

Sixty-six feet of platform height with full knuckle articulation puts the HA20 in serious boom territory. Haulotte designed this unit for the mid-to-large commercial job where the HA16 runs out of reach and a telescopic doesn't offer enough positioning flexibility. Steel erection on a five-story parking structure, exterior glazing on a commercial office tower, bridge deck maintenance, or the high curtain-wall runs that require the boom to fold over an obstacle before reaching the work point: those are the jobs this machine was built for.

The HA20 series carries a platform capacity in the 660-pound range on most configurations, four-wheel drive across the lineup, and diesel power standard with optional hybrid variants on certain model years. The machine stands out in the 65-to-70-foot articulating class because its up-and-over envelope is generous for the height bracket, letting crews position the basket in places where a comparable straight boom has no answer.

New HA20 units run roughly $90,000 to $130,000 depending on specification. Used units with reasonable hours come in lower. Either way, this machine typically funds as a single-unit deal without needing to bundle other equipment. We handle Haulotte articulating and telescopic booms across the full HA lineup, new or used, with credit history weighed against lift value and most deals closing in one to two weeks.

HA20 Performance Profile

The HA20 sits at the top of Haulotte's mid-size articulating lineup, stepping above the HA16's 56-foot class to deliver 66 feet of working height. The difference in working envelope between the two models isn't just the 10-foot height gain. The HA20's longer arm sections increase horizontal outreach, which means the base can sit further from the work face while the platform still reaches it. On constrained urban job sites where ground clearance around the machine perimeter is limited, that extra outreach is the deciding spec.

Four-wheel drive and high-flotation tires handle the mixed-terrain reality of most commercial construction sites: paved staging areas, gravel laydown yards, and soft ground near excavations. The machine drives under load at low height, which speeds repositioning between pick points on a large building face.

For contractors who need to go to 80 feet and above, the jump up to 80-foot boom lift class opens up full upper-story access on mid-rise structures. The HA20 is the right spec for the 5-to-7-story exterior commercial bracket; taller buildings want the next class of machine. Compare it against the HA16 if your typical job sits at 5 stories or below, where the shorter machine may offer better value without sacrificing access.

The platform extension deck (where available) adds reach from the basket itself, which matters on masonry or facade work where the crew needs to cover horizontal surface without repositioning the whole machine. Not every HA20 configuration includes this, so confirm with the seller on used units.

Financing Costs and Structures

A new HA20 in the $100,000-to-$130,000 range is exactly where our financing program runs best. Application-only treatment covers deals under roughly $400,000, so a single HA20 purchase, or a two-unit order, clears comfortably without requiring tax returns or compiled financial statements. Three months of bank statements plus a one-page application is the full documentation request on that track.

Monthly payments on a $100,000 boom on a 60-month finance term vary with rate and structure, but for budgeting purposes, buyers in this class are typically looking at four-figure monthly payments. We can structure with a seasonal deferral, a step-up payment schedule, or a $1 buyout if ownership at term end is the goal. Dollar-buyout lease structures are popular with buyers who want the machine permanently on the fleet and prefer to expense payments rather than capitalize the asset differently.

For contractors carrying multiple machines, a refinance on existing boom equipment sometimes makes sense before adding the HA20. If you've been paying down a note on a smaller boom and have equity there, refinancing to consolidate payments or extract cash can create room in the monthly budget for the new machine's payment.

Rental yards running the HA20 as a revenue-generating fleet unit have a natural justification for the payment: the day rate on a 65-foot articulating boom in most markets covers the monthly financing payment in a handful of rental days. That utilization math is part of how we structure the deal and think about cash flow coverage.

Can I finance a used HA20 I found at a rental yard liquidation sale?

Yes. Rental company liquidations are one of the best sources for used boom equipment, and we fund them frequently. We'll need a bill of sale or purchase agreement, the unit's hours and basic condition summary, and your three months of bank statements. If the machine has high hours, a third-party inspection before the deal closes is worth the cost. Timeline is typically similar to a dealer purchase.

The HA20 I want is in another state. Does that complicate funding?

Geography doesn't change the financing process. We fund nationwide and lenders place liens in the state where the equipment is titled or located. Transporting the unit after purchase is the buyer's logistics problem, not ours. Include transport cost in your budget and let us know if you want to roll it into the financed amount, though transport costs alone typically don't add enough to materially change the deal.

What's the residual value on an HA20 after five years?

Haulotte articulating booms in this class hold value reasonably well in good condition. After five years and typical rental-cycle use, a well-maintained HA20 is generally still marketable. We can't guarantee a specific residual, but the machine's resale market is active enough that it provides solid collateral coverage for the loan term. On a fair-market-value lease structure, the residual is part of the lease pricing and we set it conservatively.

My business is two years old. Will the HA20's ticket size cause problems?

Two years of operating history with solid bank statement cash flow is workable on a $100,000-to-$130,000 ticket, particularly on application-only terms. The machine's collateral value supports the deal. Businesses under a year old face more documentation requirements, but a two-year-old operation with consistent revenue has a real path through approval.

Can I do a sale-leaseback on an HA20 I already own outright?

Yes. If you own the unit free and clear, a sale-leaseback pays you market value in a lump sum. You then lease the unit back on a structured monthly payment and keep using it in your fleet. It's a way to convert the machine's equity into working capital without selling the asset permanently. We handle this on boom equipment from $50,000 on up.