Crane financing is what we do every day. Whether you're an owner-operator buying your first 30-ton boom truck or a national fleet adding a 600-ton crawler, Harry Fry & Associates has structured deals across every category of crane in the industry.
Since 1995, we've built relationships with a deep network of lenders that fund crane purchases. A single application gets matched to the funding source that actually wants your deal, which usually means faster approvals and better terms than going to a bank one at a time.
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We finance new and used cranes from every major manufacturer. Older units don't trigger automatic declines because the underwriters in our network know how residual values hold up in the crane market.
Crane deals range from $50,000 used pick-and-carry units to $10 million tower cranes and large crawlers. We structure both application-only programs for smaller transactions and full financial package submissions for larger purchases.
Standard options include term loans (typical 36 to 84 months), TRAC leases with flexible residuals, capital leases with $1 buyout or 10% PUT structures, and operating leases. Section 179 and bonus depreciation timing strategies are part of the conversation when relevant.
Crane rental, heavy civil construction, steel erection, power transmission and utility, wind farm construction, oil and gas, refining and petrochemical, rigging and machinery moving, and tree service operations all run cranes we've financed.
We are a specialty broker, not a bank. That means one application gets shopped across our lender network, and your file is handled by people who have worked in crane finance for decades.
After closing, we stay in the relationship for payoffs, title transfers, refinances, equipment sales, and the kind of industry questions that come up over the life of a fleet.