Forklift, Lift & Compressor Financing
Metal Fabrication, Welding & Machine Shops › Shop Support & Material Handling
Forklifts, lifts, air compressors and cranes keep material moving and machines running in every shop. Since 2011, Sunset Financial Group has financed more than 900 pieces of shop support and material handling equipment for fabrication shops, machine shops, manufacturers, contractors and distributors.
This equipment is easy to overlook in a budget, but forklift financing works just like financing a production machine. We finance new and used equipment from dealers, auctions and private sellers.
Equipment We Finance
Forklifts
Propane, electric and diesel forklifts from 3,000 to 10,000 pounds and up, for loading trucks and moving steel and pallets.
Telehandlers
Telescopic handlers reach high and far for yard work, structural steel and construction jobs.
Scissor & Boom Lifts
Electric and rough-terrain scissor lifts and boom lifts for installation, maintenance and overhead work.
Air Compressors & Dryers
Rotary screw compressors, dryers and filters that power tools, plasma tables and fiber lasers.
Overhead & Jib Cranes
Bridge, gantry and jib cranes and hoists for safely moving heavy plate, parts and dies.
Inspection & Shop Equipment
Measuring and inspection equipment, storage racking and other equipment that supports production.
What We Have Financed
Forklifts
3,000 to 10,000 pounds
Used and new forklifts for shops, warehouses and yards, often under $30,000.
Lifts & Telehandlers
19 to 26 foot scissor lifts, 10,000-pound telehandlers
Lifts for installation work and telehandlers for steel yards and job sites.
Air Systems
10 to 30 HP rotary screw compressors
Compressors with dryers and filters for plasma, laser and general shop air.
Shop support equipment we have financed ranges from a few thousand dollars for a compressor to more than $40,000 for a telehandler, and is often bundled with a larger machine.
Finance the Whole Setup
Support equipment is often added to a larger purchase. These can all be included in the same agreement:
- Forklift attachments, forks and batteries
- Chargers and propane tanks
- Air dryers, filters and piping
- Hoists, trolleys and runways
- Racking and material storage
- Freight, delivery and installation
Why Shops Finance Support Equipment
Keep Cash for Production
Financing a forklift or compressor keeps working capital free for materials, payroll and new jobs.
Safer Material Handling
The right forklift, lift or crane moves heavy steel and parts with less risk of injury and damage.
Bundle With a Bigger Purchase
Add a compressor, forklift or crane to a laser, plasma table or press brake and make one payment.
Recently Financed
Used Telehandler
A welding shop financed a used 10,000-pound telehandler to handle steel in its yard.
Electric Scissor Lift
A machine shop added a used 26-foot electric four-wheel-drive scissor lift.
10,000-Pound Forklift
A manufacturer financed a used 10,000-pound propane forklift to move heavy material.
Makers we have financed include Genie, Hyster, MEC, Nissan, Toyota, Viper and Yale.
Forklift & Shop Equipment Financing FAQ
Can I finance a used forklift?
Yes. We finance used forklifts, lifts and compressors from dealers, auctions and private sellers, as well as new equipment.
Can I add a forklift or compressor to another equipment purchase?
Yes. Support equipment can be included in the same agreement as a larger machine, so you have one monthly payment.
How much can I be approved for with just an application?
Up to $350,000 with our one-page application. Most support equipment falls well under that amount, so approvals are usually quick.
What will my monthly payment be?
It depends on the price, term and your credit profile. Use our payment calculator for an estimate, or request a quote for exact numbers.
What terms are available?
Terms range from 12 to 84 months with fixed monthly payments. See our types of leases for $101 buyout, fair market value and other options.
Looking for other shop equipment? See all metal fabrication, welding and machine shop equipment we finance.
