Genie Boom Lift Financing

The Genie S-85 puts the platform at 85 feet with 56 feet of horizontal reach and a 500-pound unrestricted capacity. Structural steel crews running curtain wall and mechanical contractors working above suspended ceilings know that combination well. Used S-85 machines in decent shape trade somewhere in the $90k–$140k band, which lands them right in our short-doc funding window.

We fund Genie's full telescopic S-series, the articulating Z-series, the extended-reach SX ultra booms, and the towable TZ line from $50,000 on up. New or used, B or C credit, short-doc up to $400,000. Most deals close inside two weeks from the time you hand us recent bank statements and a completed application.

Genie, owned by Terex Corporation, is one of the two dominant brands in the North American aerial lift market. Used Genie machines are as liquid as any iron in the access equipment space, which makes them solid collateral and means we can structure deals on them with confidence.

The S-series telescopic line spans from the S-40 at 40 feet up through the S-125 at 125 feet. The volume machines are the S-60, S-65 XC, S-80, and S-85. The XC designation on the S-65 means extended capacity: 660 pounds on the unrestricted configuration versus 500 on a standard unit. That capacity difference matters on ironwork and sign installations where you are lifting material, not just the operator.

The SX-135 and SX-180 are Genie's ultra-high boom range. The SX-180 reaches 180 feet of platform height, making it one of the tallest self-propelled booms manufactured. These are large-rental-house and specialty-contractor machines, typically pricing north of $500,000 new. We fund 180-foot boom lifts in this tier through a full underwrite rather than the short-doc path, but the credit tolerance and timeline stay the same.

Genie's Z-series articulating line covers work around beams, pipes, and structural obstructions where the boom needs to go up and over before coming back down to the work. The Z-45, Z-60, and Z-80 are the most common, with the Z-60 being one of the most widely used articulating booms in the contractor market. If you are looking at knuckle boom financing specifically, the Genie Z-series is the entry point most buyers start with.

The TZ-34 and TZ-50 towable units are trailer-towed booms with self-leveling outriggers, gasoline engines, and fast setup times. These are popular with sign contractors, utility crews, and small tree service operations. A used TZ-50 in good condition can run $55,000 to $75,000, well within our funding range.

The application is short application. You fill it out, attach recent operating bank statements, and tell us the machine details: year, model, serial if available, hours, and the asking price or dealer quote. We turn a decision around in about a day. If we need anything additional, we ask for it once, not in a series of follow-up requests.

For deals under $400,000, no CPA statements or tax-return package are required. The business bank statements carry the underwrite. That matters for contractors who run strong revenue but have tax returns that look complicated due to depreciation, pass-through deductions, or irregular income years.

Funding lands in the seller's account, or the payoff goes to the existing lender if you are refinancing. You get the keys, the title transfer starts, and the machine goes to work. The entire sequence from application to funded typically runs roughly two weeks. Genie dealer transactions often close on the faster end because title and condition documentation is cleaner from a dealer than a private party.

If you are adding a Genie to a larger fleet already with us, we can structure the new unit into an existing master credit line rather than a standalone transaction, which speeds things up and keeps your paperwork consolidated.

A straight equipment loan on a Genie S-60 bought for $75,000 runs a fixed monthly payment over a 48- to 60-month term with ownership from day one. If your accountant is planning a Section 179 deduction this tax year, ownership matters and the loan structure is the right path. The Section 179 deduction for boom lifts can offset a significant portion of the purchase price in year one, which changes the effective cost of the machine materially.

A lease on the same machine lowers the monthly obligation and preserves the equipment as an operating expense rather than a capital asset. For rental companies and contractors who turn over their fleet on a regular cycle, the lease structure with an end-of-term buyout option can be the cleaner financial choice.

A boom lift refinancing makes sense if you financed a Genie a year or two ago at a higher rate or with a lender who has since raised its terms. We can take out the existing note and set a new payment at current rates with the remaining collateral value as the loan basis.

Most contractors do not run a single-brand fleet. If you are adding a Genie to a yard that already has a JLG or a Skyjack, we fund those too. For JLG boom lift financing or for operators who run Skyjack boom lifts, the same application and the same timeline apply. Brand mix is not a problem from an underwriting standpoint.

Electrical contractors who buy Genie booms for sustained indoor work often pair them with an insulated boom lift for live-line work. We can fund both units in a single application if they are purchased around the same time, which simplifies the process and can improve the structure on each individual deal.

S-series, Z-series, SX ultra, or towable TZ. New from the dealer or used from an auction. Tell us the machine and the number, and we will structure the deal and close it in about two weeks. $50,000 floor, short-doc to $400,000, B and C credit considered. Apply now or call to talk through your options.