forklift financing forklift loan forklift prices, forklift lease forklift credit

How to finance a forklift purchase?

Topics: forklift financing, forklift loan, forklift lease, forklift credit, forklift down payment, forklift dealer finance, forklift tax incentive, forklift payment terms

Financing a forklift purchase involves securing loans or leases—$20,000-$50,000 loans at 4-7% APR over 36-60 months, or leases at $300-$1,000 monthly—through banks or dealers. Provide business financials, credit score (above 700 for 2% better rates), and usage plans, comparing terms for down payments (10-20%) and maintenance inclusions. Negotiate with vendors for 5-10% discounts on bulk deals, ensuring $5,000-$10,000 annual budgets align with 12-24 month ROI.

Get Prices
Sit Down Rider Forklift prices 2020
New Forklifts

Get forklift prices on all models and top brands of forklifts for your operation. New and used forklifts from Hyster-Yale, Toyota, Clark, CAT and more.

Get a Quote
Sit Down Riding Forklifts
Used Forklifts

Reconditioned forklifts make up a large segment of the marketplace. Forklifts are tough tools designed to last for year and used forklifts save you 30-60%.

Get a Quote
Lease or rent a forklift
Forklift Leasing

Get the forklift fleet you need fast and with a smaller upfront investment. Forklift leasing makes sense for many of our clients businesses and projects.

Get a Quote
Forklifts for sale
Forklift Sales

Buying a forklift is a large investment for your company and your daily operations. Choose the brands and models to match your need and your future plans.

Get a Quote

How to finance a forklift purchase?

More detailed answers from our local experts -

Financing a forklift purchase demands a tailored strategy, starting with loan options from banks like Wells Fargo offering $25,000-$60,000 at 4.5-6.5% APR over 48 months, requiring 15% down ($3,750-$9,000) and 680+ credit scores for 1-2% rate reductions. Dealer financing, via Caterpillar or Toyota, provides $20,000-$50,000 at 5-7% with 0-10% down, bundling $1,500 maintenance for 3 years, ideal for 5,000-pound electrics. Lease-to-own schemes, at $400-$1,200/month over 36 months, include $200 delivery but cap mileage at 120/month with $0.50 overages. Business metrics—$100,000 revenue, 20% profit—strengthen applications, with EBITDA ratios below 3:1 securing $10,000 pre-approvals. Collateral, like existing equipment, lowers rates 0.5%, while tax incentives (Section 179, up to $1M) offset 20% of $40,000 costs. Negotiate 5-15% discounts on 2-unit orders, reducing TCO from $50,000 to $45,000 over 5 years. Cash flow analysis targets $5,000-$12,000 annual payments, with resale value (40% after 5 years) factored into 18-24 month payback. Review terms for prepayment penalties ($500) and insurance ($1,000/year), aligning with 85% utilization goals.

Topics: forklift financing, forklift loan, forklift lease, forklift credit, forklift down payment, forklift dealer finance, forklift tax incentive, forklift payment terms, forklift ROI, forklift insurance

Get Prices

Compare The Lowest Forklift Prices
& Save 30% Now

The lowest prices on forklifts from top forklift dealers and brands in the US and Canada. Choose from the best selection and prices on new and used forklifts for both sale and lease now and save up to 30% on your critical business purchase.

Browse a large selection of all forklift inventory side by side with the easiest, fastest and most competitive forklift prices quotes in the industry.

Largest selection of used forklifts

Purchase and lease option available

Financing, insurance, and warranty options

All sizes, all power types, all models

Save up to 30% on all forklift brands

Questions When Buying A Forklift

What types of forklift are best for my company needs?

All States Industrial forklift dealer can help you choose from all types of forklifts. The main considerations include environment, capacity or load size, height, fuel type preference, tire type and deciding between new forklifts, used forklifts or simply hire out the need on contract. ASI has forklift dealers, partners




01

Send Us A Request

Request what you need and see all the inventory near you now!

02

Get Models & Prices

Get pricing, financing options and model details sent to you.

03

Choose Local Dealers

Choose from all our best dealers and on sale equipment near you.

04

Save Up To 30%

Know you saved by choosing the best option and get back to work!