Raymond
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Mehmi Financial Group helps businesses finance and lease Raymond 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 Raymond units, from dealer purchases to private sales. Approval, rates and terms are set by each lender.
About Raymond
The Raymond Corporation, headquartered in Greene, New York, has a 100-year history in material handling, including early innovations such as the double-faced wooden pallet and the first hydraulic hand pallet truck, according to Raymond. Toyota acquired Raymond in 2000, and in 2025 Toyota Material Handling and Raymond announced they would become one integrated organization. According to that announcement, one in three forklifts sold in North America is a Toyota or Raymond product.
Raymond equipment
Raymond is best known for electric warehouse trucks: reach trucks, order pickers, pallet trucks and very-narrow-aisle equipment used in distribution centres and warehouses.
How lenders view Raymond lift trucks
Warehouse trucks are widely used and often financed in fleets. Lenders review truck type, hours, battery and charger condition (including lithium-ion upgrades) and the business's financials. Leases with planned replacement cycles are common.
Financing Raymond equipment
Raymond dealers offer financing and leasing, and independent lenders can be compared, especially for used trucks, battery upgrades and mixed fleets.
How Raymond equipment financing works
Most Raymond 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.
Raymond equipment we help finance
Financing Raymond 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.
Raymond forklifts on our eligible equipment list include Raymond Forklifts.
What lenders check on a Raymond forklift
Lenders look at the machine type, installation and tooling costs, and the contracts or production the equipment supports. Soft costs such as rigging and installation may be included, subject to lender approval.
Expect to provide a credit application, recent business bank statements, the dealer quote or bill of sale with serial number and age and usage, 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 Raymond models with financing pages
| Model | Type | Category |
|---|---|---|
| Raymond Forklifts | Forklift | Manufacturing |
Tax treatment of Raymond equipment
In Canada, machinery used to manufacture or process goods has its own CCA classes (Class 43 and Class 53), and which one applies depends on the asset and purchase date. Confirm the class 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 Raymond reach trucks?
Yes. Lenders often finance warehouse trucks in fleets.
Who owns Raymond?
Toyota acquired Raymond in 2000, and the two are integrating into one organization.
Can lithium-ion battery upgrades be financed?
Yes. Batteries and chargers can be included or financed on their own.
Can I lease Raymond equipment?
Yes. Leases with planned replacement cycles are common.
Where is Raymond based?
Raymond is headquartered in Greene, New York.
Can I finance used Raymond order pickers?
Yes. Lenders review hours and battery condition.
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