Forklift Equipment Leasing

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The $26 billion Forklift, Materials Handling and Conveyor Manufacturing business, represented by the Association of Equipment Manufacturers and the Industrial Truck Association, is forecast to see significant growth over the next five years.


Orders for material handling equipment in general, lift trucks in particular and parts are showing significant improvement thanks to strong growth in the manufacturing sector. The shift from electric products to internal combustion forklifts is picking up steam with electrics moving from approximately 55% of the orders in 2006 to almost 70% of the orders in 2009.


The growing interest in electric products is not just due to economics and environment concerns but also due to regulatory concerns. Leasable Materials Handling Equipment includes:

  • Arial Work Platforms
  • Batteries & Chargers
  • Conveyor Equipment
  • Cranes, Hoists & Monorails
  • Electrical Lift Equipment
  • Forklifts and Pallet Jacks
  • Mezzanine Systems
  • Modular Building & Storage Silos
  • Personnel & Burden Carriers
  • Racks & Steel Shelving
  • Tow Tractors
  • Work Positioning Lift Tables

Forklift Leasing and Material Handling Equipment Leasing options are plentiful as manufacturers, warehousing companies, construction companies and shipping companies replace old equipment and add new truck lifts. Forklift leasing and material handling financing is also increasing because equipment distributors are beginning to replenish inventories. According to the MHEDA Journal,


"Proposed legislation offering full deductions for capital expenditures made during 2011 could spur significant growth."


So whether you are a business just getting started or an established company it is good to know that leasing materials handling equipment is not only getting easier and faster but has become a great way to better manage cash and taxes and can often enable you to invest in higher quality, more cost effective equipment. For more information on the advantages of equipment leasing read: Why Lease.




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