Versa-Lift units and other heavy-duty rigging equipment are specialty machines, and they require specialty financing.
Harry Fry & Associates has structured loans and leases for Versa-Lift, hydraulic gantry, and other rigging equipment across machinery movers, millwrights, and industrial relocation specialists. These are the lifts that most general equipment lenders have never seen.
Rigging and machinery moving equipment is a niche category. Our lender relationships are built specifically around it.
Versa-Lift and similar rigging equipment range from $150,000 for smaller used units to $700,000-plus for new large-capacity machines. Most of these transactions fall into the full financial package category, where lenders want to see how the equipment fits into your operation.
We structure term loans and lease options that account for the specialized nature of the equipment and the businesses that operate it. Application-only programs are an option for the right buyer profile on the smaller end of the range.
Machinery moving, millwright services, industrial plant relocation, heavy rigging, oil and gas plant work, and crane rental operations that handle their own iron all rely on Versa-Lifts and similar gear we've financed.
This is where the broker model really earns its keep. Most general equipment lenders have never financed a Versa-Lift and won't know how to evaluate one.
The lenders that do are specific, and we have direct relationships with them. That means your application doesn't get bounced around or declined because of an unfamiliar asset. It goes straight to the funding sources that already finance this category.
