Morbark
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Mehmi Financial Group helps businesses finance and lease Morbark equipment, including forestry equipment, in Canada and the USA. As a brokerage, we compare options from banks, equipment finance companies and alternative lenders for new and used Morbark units, from dealer purchases to private sales. Approval, rates and terms are set by each lender.
About Morbark
Morbark was established in 1957, when Norval Morey, a local sawmill operator, began manufacturing with a patent for a portable pulpwood debarker, according to Morbark. Today Morbark builds chippers, grinders and other equipment that turns organic waste into useful products, and it is part of Alamo Group.
Morbark equipment on our list
Our eligible equipment list includes Morbark chippers and grinders and Morbark forestry equipment. These machines are used for tree care, land clearing, biomass, mulch and compost production, and forestry residue processing.
How lenders view Morbark chippers and grinders
Lenders review hours, engine condition, wear parts such as knives, hammers, anvils and screens, and the work behind the machine: municipal or utility contracts, land clearing, mulch sales or biomass supply. Large horizontal and tub grinders are expensive, so documented contracts or material volumes strengthen the application.
Financing Morbark equipment
Tree care companies often finance a chipper with a truck, and land-clearing contractors may finance a grinder with a loader or excavator. Seasonal payments may suit businesses with winter slowdowns. Dealer programs and independent lenders can both be compared.
How Morbark equipment financing works
Most Morbark 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.
What lenders check on a Morbark forestry equipment
Lenders look at hours, component condition and the contracts or cutting rights behind the work. Forestry equipment is specialized, so lender appetite and terms vary more than for general construction machines.
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 Morbark models with financing pages
| Model | Type | Category |
|---|---|---|
| Morbark Chipper & Grinder | Equipment | Forestry |
| Morbark Forestry | Equipment | Forestry |
Tax treatment of Morbark equipment
In Canada, the CCA class depends on the asset and how it is used. Your accountant can confirm the right class. 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 used Morbark grinder?
Yes. Lenders review hours, engine condition, wear parts and your contracts or material volume.
How long has Morbark been in business?
Morbark was established in 1957.
Can a tree care company finance a Morbark chipper with a truck?
Some lenders will finance both together.
Who owns Morbark?
Morbark is part of Alamo Group.
Can a mulch producer finance a grinder?
Yes. Lenders look at mulch sales and material supply.
Can payments be seasonal?
Some lenders offer reduced or skip payments in slow months.
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