Platform Funding offers aerial lift financing from $10,000 to $200,000 for established construction businesses, covering both boom lifts and scissor lifts, with funding decisions in 24–48 hours and no collateral required. This construction equipment financing option applies to new and used units, whether you’re replacing a lift that’s aged out of service or adding a second machine to run two crews at height at once.
Work at height doesn’t happen without a lift, ceiling work, exterior finishing, and steel erection all stall the moment a boom lift or scissor lift is down. Traditional financing for a single piece of aerial equipment can take weeks of paperwork, which doesn’t help when a crew is standing on the ground waiting for a machine. Platform Funding structures aerial lift financing around your business’s cash flow rather than a rigid approval checklist, so an equipment gap doesn’t have to turn into a missed deadline.
How Aerial Lift Financing Works
Aerial lift financing from Platform Funding is structured as a capital solution sized to the equipment cost — typically $10,000 to $200,000 depending on whether you’re financing a scissor lift for indoor and flat-ground work or a boom lift for extended outdoor reach. Funding decisions come back in 24–48 hours, and most approved businesses receive funds within a day of signing. There’s no collateral requirement beyond the equipment itself, and repayment terms are built around your business’s revenue rather than a fixed schedule that ignores your slow months.
This works alongside Platform Funding’s broader construction equipment financing programs, so if your needs extend beyond a single lift — say, an aerial lift plus a bucket truck for a different type of elevated work, your account manager can structure one capital solution that covers the full purchase instead of separate applications for each machine.
What You Can Use Aerial Lift Financing For
- Purchasing a new or used boom lift or scissor lift to replace aging equipment
- Adding a second unit so multiple crews can work at height simultaneously
- Upgrading from a scissor lift to a boom lift for jobs requiring extended horizontal reach
- Covering the gap between winning a bid and receiving your first progress payment
Boom Lifts vs. Scissor Lifts: What Financing Looks Like
Scissor lifts move straight up and down and are built for flat, stable surfaces like warehouse floors and finished slabs, which typically makes them the lower-cost option. Boom lifts, telescopic or articulating, extend outward as well as up, making them the choice for reaching over obstacles or working on uneven outdoor terrain, and they generally carry a higher price tag as a result. Platform Funding finances both categories the same way: based on your business’s revenue and operating history, not the type of lift. Your account manager can walk through how financing terms differ slightly between boom lift financing and scissor lift financing, including how loan-to-value considerations shift once a unit has meaningful hours on it.
Qualifying for Aerial Lift Financing
Platform Funding looks at your business’s operating history and revenue rather than treating credit score as the only factor. Standard qualification requirements:
- At least 6 months in business
- Average monthly revenue of $12,500 or more
- 3 recent business bank statements
Because boom lifts and scissor lifts put crews at height on every job, fall protection matters as much as the financing decision, the OSHA Fall Protection standard outlines the requirements worth reviewing with any crew operating a new lift.
Explore Related Equipment Financing
Platform Funding finances the full range of construction equipment your business runs day to day:
Or see the full picture of what Platform Funding offers construction businesses on the Construction Business Loans, and learn more about our funding process on the Platform Funding homepage.
Frequently Asked Questions
How much can I get for aerial lift financing?
Aerial lift financing from Platform Funding ranges from $10,000 to $200,000, covering both boom lifts and scissor lifts depending on size and reach.
Do you finance boom lifts and scissor lifts the same way?
Yes. Boom lift financing and scissor lift financing both follow the same revenue-based structure, sized to the specific unit’s cost.
Do I need collateral to finance an aerial lift?
No. Platform Funding does not require additional collateral beyond the financed equipment, and funding decisions are based on business revenue and operating history.
