Snorkel
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Mehmi Financial Group helps businesses finance and lease Snorkel equipment, including lifts, in Canada and the USA. As a brokerage, we compare options from banks, equipment finance companies and alternative lenders for new and used Snorkel units, from dealer purchases to private sales. Approval, rates and terms are set by each lender.
About Snorkel
Snorkel was founded in 1959 in the USA as a fire equipment company that developed an aerial work platform for firefighting, according to Ahern. It grew into a maker of boom lifts, scissor lifts and telehandlers, and today highlights lithium-powered electric scissor lifts and a 60-year history. Ownership has changed over the years, including an acquisition by Tanfield.
Snorkel equipment
Snorkel boom lifts and scissor lifts are used by rental companies, contractors and maintenance crews. Lithium-powered electric scissors reduce maintenance and charging time for indoor work.
How lenders view Snorkel lifts
Aerial lifts have a strong resale market. Lenders review platform height, power type, hours, battery condition and annual inspection status. Because Snorkel's ownership has changed over time, confirming dealer and parts support helps on older units.
Financing Snorkel lifts
Rental companies finance lifts in groups based on utilization, and contractors finance them for their own projects. Comparing dealer programs with independent lenders helps on used lifts.
How Snorkel equipment financing works
Most Snorkel 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.
Snorkel equipment we help finance
Financing Snorkel aerial lifts
Aerial lifts, scissor lifts and boom lifts are financed by contractors and rental companies. Lenders look at platform height, power type, hours and inspection records. Rental fleets often finance several units at once, and lenders review utilization and rental revenue for those deals.
Snorkel aerial lifts on our eligible equipment list include Snorkel (aerial Lifts).
What lenders check on a Snorkel lift
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 Snorkel models with financing pages
| Model | Type | Category |
|---|---|---|
| Snorkel (aerial Lifts) | Aerial lifts | Construction |
Tax treatment of Snorkel 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 used Snorkel boom lift?
Yes. Lenders review platform height, hours and inspection status.
How did Snorkel start?
Snorkel was founded in 1959 as a fire equipment company.
Can I finance a lithium-powered Snorkel scissor lift?
Yes. Battery type and condition are part of the review.
Can a rental company finance Snorkel lifts?
Yes. Lenders review utilization and fleet financials.
Does ownership history affect Snorkel financing?
Confirm dealer and parts support, especially for older units.
Can several lifts be financed together?
Yes. Many lenders structure multiple units in one deal.
