Crown
Explore & Source Quality Equipment Across Canada. Whether you're exploring our inventory of pre-owned trucks and heavy machinery or sourcing equipment through a private sale, we help you secure the best deals and handle transactions smoothly, safely, and competitively with our dealer network.
Mehmi Financial Group helps businesses finance and lease Crown equipment, including forklifts, in Canada and the USA. As a brokerage, we compare options from banks, equipment finance companies and alternative lenders for new and used Crown units, from dealer purchases to private sales. Approval, rates and terms are set by each lender.
About Crown
Crown has grown since 1945 from a one-room operation in rural Ohio to one of the world's largest lift truck manufacturers, according to Crown. It was founded by brothers Carl H. Dicke and Allen A. Dicke and is headquartered in New Bremen, Ohio, according to its company profile.
Crown equipment
Crown builds electric forklifts, reach trucks, order pickers, pallet trucks and very-narrow-aisle trucks used in warehouses, distribution centres and manufacturing.
How lenders view warehouse trucks
Warehouse trucks are financed in fleets more often than individually. Lenders review truck type, hours, battery and charger condition and the business's financials.
Financing Crown equipment
Leases with service and planned replacement are common. Crown dealers offer programs, and independent lenders can be compared for used trucks and mixed fleets.
How Crown equipment financing works
Most Crown purchases are financed with an equipment loan or a lease. A loan gives you ownership from day one, with the lender registering a security interest (PPSA in Canada, UCC in the USA). A lease keeps title with the lessor and can lower the monthly payment, with a buyout, renewal or return option at the end.
Crown equipment we help finance
Financing Crown forklifts
Forklifts are financed by warehouses, manufacturers and distributors. Lenders look at capacity, power type (electric, propane or diesel), hours and battery condition for electric units. Forklifts are often financed in fleets, and some lenders offer structures that include service.
Crown forklifts on our eligible equipment list include Crown (forklifts).
What lenders check on a Crown forklift
Lenders look at machine hours, service records, undercarriage or tire condition, and whether the unit is tied to contracts or a steady work program. Used machines with strong resale demand are usually easier to finance than specialized units.
Expect to provide a credit application, recent business bank statements, the dealer quote or bill of sale with serial number and hours, and financial statements or tax returns for larger amounts.
See the full list of eligible equipment, compare equipment financing options, or estimate payments with the equipment financing calculator.
All Crown models with financing pages
| Model | Type | Category |
|---|---|---|
| Crown (forklifts) | Forklift | Construction |
Tax treatment of Crown equipment
In Canada, power-operated movable equipment used to excavate, move, place or compact earth, rock, concrete or asphalt generally falls in CCA Class 38. Confirm the class for your exact asset with your accountant. With a loan, you generally claim capital cost allowance and deduct interest. With a true operating lease, lease payments are generally deductible instead. See the CRA classes of depreciable property. In the USA, Section 179 and bonus depreciation may apply; see IRS Publication 946. Always confirm with your accountant.
Frequently asked questions
Can I finance a fleet of Crown reach trucks?
Yes. Lenders often finance warehouse trucks in fleets.
Where is Crown based?
Crown is headquartered in New Bremen, Ohio.
Can batteries be financed with Crown trucks?
Yes, with the trucks or separately.
Can I lease Crown equipment?
Yes. Leases with service and planned replacement are common.
Can I finance used Crown forklifts?
Yes. Lenders review hours and battery condition.
How long has Crown made lift trucks?
Crown has grown since 1945 into one of the largest lift truck makers.
.svg){kind=small}