Forklift & Warehouse Equipment Finance

Forklift finance

Forklift finance is the most common warehouse request we see, and one of the easiest to place. A forklift truck holds its value, has a deep resale market and acts as strong security, so lenders are comfortable with it — new or used, counterbalance or reach.

New, used and short-term

Forklift truck finance works on hire purchase if you want to own the machine, or on lease and contract hire if you would rather hand it back and upgrade. Businesses with seasonal peaks often mix the two: owned trucks for baseline work, leased for the busy months.

Racking, shelving and mezzanines

Racking and shelving are fixed installations with limited resale value, so they are usually funded on the strength of the business rather than the asset. Bundling them with a forklift or handling equipment into one facility often improves the terms available on the whole package.

What lenders assess on forklifts

Forklift finance is among the easiest asset classes to place because the security is excellent. Lenders look at make, hours, capacity and mast type. Linde, Toyota, Hyster and Jungheinrich all have deep resale markets. Electric trucks with documented battery condition fund particularly well, since the battery is often the most expensive component.

Electric, gas or diesel

Worth deciding before you fund rather than after. Electric suits indoor work and has lower running costs but needs charging infrastructure, which can also be funded. Gas and diesel suit yard work and multi-shift operation. Battery age is the single biggest variable in a used electric truck’s value.

Handling equipment beyond forklifts

Reach trucks, VNA trucks, pallet trucks, powered pedestrian stackers, order pickers and tow tractors all fund on the same basis. If you are equipping a new facility, funding the handling fleet as one facility is simpler than a series of agreements maturing at different times.

Refinancing handling equipment you own

If capital rather than equipment is the constraint, forklifts owned outright can be refinanced to release cash. Because they hold value and are easy to identify by serial number, they are among the more straightforward assets to raise against.

Funding a full warehouse fit-out

Warehouse equipment finance can cover the entire internal fit-out — racking, mezzanine, conveyors, handling equipment, lighting and safety systems. One facility, one monthly payment, timed so it begins when the space is operational rather than when the contractor invoices.

What to send us

Send us the truck details, or the fit-out specification, and we will come back with which lenders will fund it and over what term. If you already own handling equipment outright, tell us and we will check whether refinancing it releases what you need more cheaply. No credit check to enquire.