Snorkel A38E Articulating Boom Lift Financing
Financing Program
- Priced on the asset — platform height, hours, resale strength
- Application-only up to $500,000
- New, used, dealer, auction, or private party
- Numbers back the same business day
The Program
Zero emissions, non-marking tires, and 38 feet of articulated reach: the Snorkel A38E is the machine that gets called when the job is indoors and the building owner has strict requirements about exhaust, floor damage, and noise. Electric drive, electric boom, no diesel fumes in a finished hospital corridor or a data center shell. The A38E also runs on a slab at a footprint and weight class that does not require structural engineering sign-off for most standard commercial concrete floors.
Snorkel positions this unit as a mid-size electric articulating boom, which puts it in a price range where the financing is straightforward. New units typically land somewhere in the $50k–$80k band. Used machines with reasonable hours trade below $50,000, which is our floor, though many A38E buyers are acquiring new or near-new equipment from dealers. We fund Snorkel booms, new or used, and the short-doc process means you can go from inquiry to funded in roughly two weeks without producing tax returns or audited financial statements.
A38E Spec: What Makes It an Indoor Machine
The A38E delivers 38 feet of platform height and approximately 21 feet of horizontal reach with the knuckle and jib combination Snorkel uses on this model. The articulating head clears overhead obstructions that would stop a straight stick in an interior environment: pipe racks, structural beams, and mezzanine edges. Non-marking foam-filled tires protect finished floors and prevent the pneumatic-tire blowout risk that comes with rubber tires on rough surfaces.
Electric power runs from an onboard battery pack that supports a full shift of typical indoor lifting. The machine is quiet enough to run in occupied spaces during normal business hours, which matters for hospital facilities crews, airport terminal maintenance, and shopping center overnight work. The A38E also fits through standard commercial doorways in the stowed position, making building entry and maneuvering to work positions practical without dismantling anything.
- Platform height: 38 ft
- Horizontal reach: approximately 21 ft
- Power: electric, zero emissions
- Tires: non-marking foam-filled
- Drive classification: slab (indoor/level surface)
- Fits through standard doorways in stowed position
The Work This Machine Was Built For
The A38E shows up in the hands of facility and building maintenance crews more than almost any other segment. Hospitals, university buildings, corporate campuses, and logistics hubs all have recurring overhead maintenance needs, and an indoor articulating electric boom handles them without the complications of a diesel unit. Electrical contractors running branch circuits, lighting fixtures, and data runs in finished commercial interiors use the A38E because it puts two people at 35 feet without grinding on the floor or gassing out the HVAC system.
Painting and coatings contractors doing interior commercial repaint work lean on the A38E for the same reason: no fumes inside a space that workers or tenants are occupying nearby. Warehouse and distribution operations use it for overhead rack inspection, sprinkler system maintenance, and lighting work that needs to happen while the facility is still active.
Rental companies that serve a dense commercial and institutional market keep two or three A38E units in the fleet because demand from interior-maintenance contractors is steady and the machine's limited footprint lets them share space with other units on the yard.
Financing the A38E: New, Used, Fleet Orders
At a $65,000 purchase price, a 48-month equipment loan runs roughly $1,400 to $1,600 per month depending on rate. Sixty months lowers that. A lease on the same machine keeps the monthly payment lower still and preserves capital for other uses, with the option to purchase at fair market value or return the unit at the end of the term. For operators who want to own the machine outright and write off the full purchase price in year one, a dollar buyout lease or a standard equipment loan both qualify for Section 179 expensing.
Fleet orders for multiple units follow a similar process: we structure one master credit facility that covers all the units, with a single approval that speeds up individual purchase draws. Contractors adding three or four A38Es to an indoor service fleet can handle all of them in one underwriting event. The equipment line of credit is another option for operators who acquire equipment frequently and want flexibility to draw on an approved limit as units come available.
For deals at the lower end of the A38E price range, the short-doc process is the norm. No financials, just an application and recent bank statements. One to two weeks to fund.
Other Snorkel Models and Related Equipment
If the A38E's 38-foot platform height is close but not quite right for a specific job, Snorkel's lineup has options on either side. The Snorkel T46JRT is a 46-foot rough-terrain telescopic unit for outdoor and uneven-grade work, a different machine class but worth comparing if your work spans both interior and exterior environments. Snorkel's articulating range also extends above the A38E for applications that need more height indoors.
For buyers comparing across brands, our Snorkel financing page covers the full model range and where Snorkel sits relative to JLG and Genie in the mid-size articulating class. The electric boom lift financing page covers all manufacturers in the electric class, useful if you are open to the best price on a comparable machine from any brand.
Get the Snorkel A38E Funded
Tell us the purchase price and machine details. We will have a payment quote back to you fast, no runaround. One to two weeks to fund once the deal is complete.
Common Questions
Do electric booms like the A38E hold their value as well as diesel units?
Electric machines in the slab-rated class generally hold value well because indoor work demand is consistent and the machines experience less wear from rough terrain and outdoor conditions. Battery condition becomes a factor on older units; well-maintained batteries with documented service history support higher resale values than units where battery health is unknown.
Can I finance an A38E for a brand-new rental company?
Startups and businesses less than two years old have access to a narrower set of programs, but it is not impossible. A meaningful down payment, solid personal credit, and a clear business plan help. We have programs designed for newer operations, though expect fewer choices and potentially higher rates compared to an established business.
The A38E I am buying is from a dealer out of state. Does that complicate financing?
Not materially. The key documents are the dealer's invoice or bill of sale, proof of the machine's title status, and the dealer's business information so we can fund directly to them. Out-of-state dealer transactions are routine in the equipment financing space.
Can I put the A38E on a seasonal payment schedule to match my cash flow?
Seasonal payment structures are available on some programs, where payments are reduced or deferred during off-peak months and stepped up during the active season. This works better for businesses with clear seasonal revenue patterns. If your indoor maintenance work runs year-round, a standard monthly structure is likely simpler and potentially less expensive in total interest.
What credit score range qualifies for the best rates on an A38E deal?
We do not publish rate tiers tied to specific scores because the underwriting considers the full picture: score, time in business, revenue, deposit history, and the collateral itself. Generally, scores above 680 access the most competitive rate environment. Below that, deals still close but the rate reflects the additional risk. We never guarantee specific rates before underwriting is complete.

