Forklift Financing
Simple application. Simple process.
Forklift financing can give your company a much-needed lift.
Purchasing a forklift with a big one-time purchase might not be an option for your business. Balboa Capital is a top-rated business lender that offers a budget-friendly solution for you to consider. It is forklift financing and allows you to keep your cash and credit line available for daily business expenses, employee payroll, unexpected slow periods, and emergencies. The monthly payments are predictable and designed to fit your budget.
As you know, forklifts are invaluable industrial vehicles. Just about every product sold in the United States comes into contact with a forklift at one time or another. Moving things like products, cargo, and materials in warehouses and storage facilities would be impossible without forklifts. In addition, forklifts are used to move inventory in retail establishments, carry loads at construction sites, and load and unload shipping containers at dockyards. No matter what type of forklift your small business needs, Balboa Capital is here to help you get it.
- Application-only for hard collateral up to $500,000
- Application-only for soft collateral up to $350,000
- If approved, same-day funding is available
- Easy online application
- One-hour approval decisions during regular business hours
- Flexible terms available
- Competitive rates
Equipment financing in 3 easy steps.
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Submit a simple online application.
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Get a prompt decision during our normal business hours.
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If your application is approved, funds will be provided fast.
What we look for.
Minimum of one year in business
$100,000+ in annual revenue
FICO® score of 620 or more
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.
Financing for aerial lifts, electric forklifts, pallet jacks, and more.
You can apply for equipment financing on our website in a matter of minutes. If your application is approved and you decide to move forward, one of our helpful equipment financing specialists will contact you to discuss your options and answer any questions. Balboa Capital offers competitive rates, flexible repayment terms, and rapid funding.
Lastly, contact your accountant or business attorney and ask about the Section 179 tax deduction. Many types of equipment and vehicles are eligible for this tax deduction, and your accountant or business attorney can explain it in more detail. They can also let you know if the forklift you want to finance qualifies for the Section 179 deduction.
Reasons to choose Balboa Capital.
Bank-owned business lender
Over $8 billion funded nationwide
Simple, quick process
Resources for forklift business owners.
Forklift safety tips
Learn how to stay safe when operating a forklift.
Benefits of equipment financing
This option saves cash, offers tax benefits, and more.
What is EBITDA?
We created a comprehensive guide to EBITDA.
