Link-Belt

Mehmi Financial Group helps businesses finance and lease Link-Belt equipment, including cranes and excavators, in Canada and the USA. As a brokerage, we compare options from banks, equipment finance companies and alternative lenders for new and used Link-Belt units, from dealer purchases to private sales. Approval, rates and terms are set by each lender.

About Link-Belt

The Link-Belt name goes back to 1874, when William Dana Ewart patented a detachable drive chain to help build American infrastructure, according to LBX Company. Today the name is used by two separate equipment makers, both based in Lexington, Kentucky. Link-Belt Cranes builds rough-terrain, truck, all-terrain and crawler cranes, including telescopic and lattice crawlers. LBX Company, formed in 1998, builds Link-Belt excavators, including machines purpose-built for forestry, scrap, demolition and material handling.

Link-Belt equipment on our list

Our eligible equipment list includes both sides of the brand: telescopic crawler cranes such as the 218 HSL and 298 HSL, and excavators such as the 290 X4 forestry excavator. The two are financed very differently, so it helps to know which Link-Belt you are buying.

Financing Link-Belt cranes

For a Link-Belt crane, lenders want the crane's capacity and configuration, annual inspection and certification records, boom and rigging condition and the contracts or rental demand behind it. Telescopic crawlers such as the HSL series are popular with contractors because they travel and set up more easily than lattice-boom crawlers, which can help resale. Only a smaller group of lenders handles cranes, so comparing options is worthwhile.

Financing Link-Belt forestry and material-handling excavators

Forestry excavators like the 290 X4 are built with heavier guarding and undercarriage for log loading, road building and processing. Lenders who understand forestry look at hours, undercarriage, the attachment (processor head, grapple or bucket) and the cutting contracts behind the machine. Scrap and demolition machines are assessed on the work they support and the condition of high-wear components. Seasonal access in logging regions can affect payment schedules, and some lenders offer seasonal payments.

Buying used Link-Belt equipment

Ask for dealer service history and inspection reports, and confirm which Link-Belt company built the machine so parts and support are clear. A lien search is essential on private sales of cranes and excavators.

How Link-Belt equipment financing works

Most Link-Belt 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.

Link-Belt equipment we help finance

Financing Link-Belt cranes

Cranes are among the most specialized assets lenders review. Expect questions about crane type and capacity, inspection and certification records, boom and rigging condition, and the contracts or rental demand the crane supports. Insurance and operator certification are typically confirmed before funding. Because values depend heavily on condition and documentation, a recent inspection report can make a real difference to how a lender views the file.

Link-Belt cranes on our eligible equipment list include Link-belt 218 HSL Crane, Link-belt 298 HSL Crane, Link-Belt 348 HSL Crane and Link-Belt ATC-3275 All Terrain Crane.

Financing Link-Belt excavators

Excavators are financed for site prep, utilities, demolition and trenching work. Lenders focus on hours, undercarriage wear, hydraulic condition and whether the machine has the right tail swing and attachments for your jobs. Mid-size crawler excavators have deep resale markets, which lenders like, while very large or highly customized units are reviewed more closely. Buckets, thumbs, hydraulic hammers and quick couplers can often be added to the financed amount when they are on the same invoice.

Link-Belt excavators on our eligible equipment list include Link-Belt 290 X4 Forestry Excavator, Link-Belt 350 X4 Forestry Excavator and Link-Belt 460 X4 Forestry Excavator.

What lenders check on a Link-Belt crane

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 Link-Belt models with financing pages

Tax treatment of Link-Belt 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.

Are Link-Belt cranes and Link-Belt excavators the same company?

No. Link-Belt Cranes builds cranes and LBX Company builds Link-Belt excavators. Both are based in Lexington, Kentucky.

Can I finance a used Link-Belt telescopic crawler crane?

Yes, through lenders comfortable with cranes. They review inspections, configuration and the work behind the crane.

Can I finance a Link-Belt forestry excavator with a processor head?

Usually, if the head is on the same invoice. Lenders review hours, undercarriage and your logging contracts.

Can payments on a Link-Belt forestry machine be seasonal?

Some lenders offer seasonal or skip payments for spring break-up and other slow periods.

What documents help on a used Link-Belt crane?

Crane logs, annual inspections, the bill of sale or quote and your contracts or rental history.

Can I finance Link-Belt scrap or demolition excavators?

Yes. Lenders look at the work the machine supports and the condition of high-wear components.