Bucket Truck Financing
Simple application. Simple process.
Simple application. Simple process.
Working safely in elevated areas that cannot be reached with a ladder requires a bucket truck, also called a boom truck or cherry picker. These vehicles are used for telephone line maintenance, washing windows, painting, trimming trees, and hanging signs. In addition, some bucket trucks are configured to lift supplies and materials to workers in high places. The bucket is the aerial work platform that is mounted to a hydraulic or electric lift system. If you have found a bucket truck for sale and need funding to finance it, Balboa Capital can help. We are a top-rated business lender that offers bucket truck financing nationwide.
When you finance a bucket truck, you can preserve your company’s working capital and line of credit because the monthly payments are consistent. Knowing how much you need to pay each month makes it easier to manage your cash flow and forecast your expenses. In addition, the truck might qualify for the Section 179 tax deduction, so consult your tax professional or business accountant.
These are some of our minimum lending requirements, and meeting them does not constitute approval.
Should you apply for equipment financing, additional lending criteria will determine if you qualify.
There are many different bucket trucks to choose from, and they can be quite expensive to purchase outright. That is why so many owner-operators opt to finance their trucks. Financing allows you to get a new or used bucket truck without paying the total price upfront. Instead, you will make predictable monthly payments over a specific term.
Balboa Capital has competitive rates and flexible repayment options. Getting started is easy. Just submit an online financing application that asks for basic information about you and your business. Then, one of our friendly account managers will contact you to answer your questions and help you understand the process, which is streamlined and hassle-free. We look forward to working with you.
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