Equipment Financing

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Axiant Partners finances all major equipment brands — Genie, JLG, Skyjack, Manitou, and 200+ more. 0% down available for qualified borrowers regardless of brand. Terms 36–84 months.

  • 0% down for qualified borrowers
  • All aerial lift and boom lift brands
  • New and used equipment
  • Startups and established businesses
  • Decision in 24–48 hours

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Genie Aerial Lift Financing — Complete Model Guide

Every GS-series scissor lift, Z-series articulating boom, S-series straight boom, and GTH telehandler with 2024 prices, used values, and Terex Financial Services terms. Most recognized aerial lift brand — every lender approves it.

Quick Answer: Genie (a Terex subsidiary, Redmond, Washington) is the most recognized aerial lift brand in the United States, making it one of the easiest categories of equipment to finance. Scissor lifts range from $12,000 (GS-1330m) to $55,000 (GS-5390 RT), articulating booms from $55,000 (Z-33/18) to $180,000 (Z-135/70), and straight booms from $60,000 (S-40) to $200,000+ (S-135 XT). Every major lender in the US has Genie on its approved collateral list — approval rates for Genie are among the highest in construction equipment financing.

Key Facts: Genie Aerial Lift Financing

  • Parent Company: Terex Corporation (NYSE: TEX) | Manufacturing HQ: Redmond, WA
  • Founded: 1966 by Bud Bushnell, Renton, WA — acquired by Terex 2002
  • OEM Financing: Terex Financial Services (TFS)
  • Price Range: $12,000 (GS-1330m scissor) to $200,000+ (S-135 XT boom)
  • Best Seller Scissor: GS-3232 at $18,000–$28,000 | Best Seller Boom: S-60 at $65,000–$95,000
  • Lender Recognition: Highest in aerial lift category — all US lenders approve Genie
  • Used Market: Extremely deep — #1 aerial lift brand on IronPlanet and Ritchie Bros.

About Genie Aerial Lifts

Genie Industries was founded in 1966 in Renton, Washington, and quickly established itself as the pioneer of the aerial work platform industry. The company introduced the first Genie Lift material hoist in the late 1960s and expanded into scissor lifts and boom lifts through the 1970s and 1980s. Terex Corporation acquired Genie in 2002, and today the Genie manufacturing campus in Redmond, Washington is one of the largest aerial work platform production facilities in the world.

For equipment financing, Genie carries a decisive advantage: it is the most recognized aerial lift brand among US equipment lenders. When an underwriter sees a Genie GS-3232 or S-60 on a loan application, they have years of auction data, dealer trade-in history, and rental fleet liquidation results that tell them exactly what that machine is worth. This depth of collateral data translates to faster approvals, lower required down payments, and more competitive interest rates compared to less-established aerial lift brands.

The Genie product line covers four main categories: GS-series electric and rough-terrain scissor lifts for vertical access applications, Z-series articulating boom lifts for reaching over and around obstacles, S-series straight telescoping boom lifts for maximum height and horizontal reach, and GTH-series telehandlers for material placement and construction logistics.

Genie GS-Series Scissor Lift Financing — All Models

ModelPlatform HeightCapacityPowerNew PriceUsed Price
GS-1330m13 ft500 lbsElectric$12,000–$16,000$4,500–$7,000
GS-193219 ft500 lbsElectric$14,000–$19,000$5,500–$9,000
GS-203220 ft800 lbsElectric$16,000–$22,000$6,500–$10,500
GS-323232 ft800 lbsElectric$18,000–$28,000$8,000–$14,000
GS-324632 ft1,500 lbsElectric$22,000–$32,000$9,000–$16,000
GS-404640 ft1,500 lbsElectric$27,000–$38,000$11,000–$18,500
GS-404740 ft500 lbsElectric$29,000–$40,000$12,000–$19,000
GS-5390 RT53 ft1,500 lbsDual-fuel$44,000–$55,000$18,000–$28,000
GS-6390 RT63 ft1,500 lbsDiesel$50,000–$65,000$21,000–$33,000

Genie Z-Series Articulating Boom Lift Financing

ModelWorking HeightHorizontal ReachNew PriceUsed PriceNotes
Z-33/1839 ft18 ft$55,000–$72,000$22,000–$34,000Electric, narrow
Z-45/2551 ft25 ft$68,000–$88,000$28,000–$42,000Popular mid-range
Z-51/3057 ft30 ft$80,000–$105,000$33,000–$50,000
Z-60/3766 ft37 ft$95,000–$125,000$39,000–$60,000Best-selling large articulating
Z-80/6086 ft60 ft$130,000–$165,000$54,000–$82,000
Z-135/70141 ft70 ft$155,000–$180,000$65,000–$95,000Largest articulating

Genie S-Series Straight Boom Lift Financing

ModelWorking HeightHorizontal ReachNew PriceUsed PriceNotes
S-4046 ft35 ft$60,000–$78,000$24,000–$38,000Entry straight boom
S-4551 ft40 ft$68,000–$88,000$28,000–$43,000
S-6066 ft50 ft$80,000–$105,000$33,000–$52,000Best-selling straight boom
S-6571 ft55 ft$88,000–$115,000$36,000–$57,000
S-8086 ft65 ft$105,000–$138,000$44,000–$68,000
S-8591 ft70 ft$115,000–$150,000$48,000–$75,000
S-105111 ft80 ft$140,000–$180,000$58,000–$90,000
S-125131 ft90 ft$165,000–$210,000$68,000–$105,000
S-135 XT141 ft100 ft$180,000–$220,000$75,000–$115,000Largest Genie straight boom

Genie GTH Telehandler Financing

ModelLift HeightCapacityHPNew PriceUsed Price
GTH-63636 ft6,000 lbs74HP$65,000–$82,000$27,000–$40,000
GTH-84444 ft8,000 lbs97HP$75,000–$96,000$31,000–$47,000
GTH-105656 ft10,000 lbs97HP$88,000–$112,000$36,000–$55,000
GTH-125656 ft12,000 lbs120HP$100,000–$125,000$41,000–$63,000

Genie vs JLG — Aerial Lift Financing Comparison

CriterionGenieJLG
Scissor Lift Range$12,000–$65,000 (GS-series)$15,000–$65,000 (E/R-series)
Boom Lift Range$55,000–$220,000+$60,000–$250,000+
US Lender RecognitionHighest — #1 aerial lift brandExcellent — strong #2
Used Market DepthDeepest — highest auction volumeVery deep
OEM FinancingTerex Financial ServicesJLG Financial Services
Large Boom (80ft+)Very strong (S-series)Strong advantage — SkyTrak series
Electric/Zero EmissionGrowing GS electric lineMore aggressive EV expansion
TelehandlersGTH series (limited)SkyTrak — much broader line
ManufacturingRedmond, WA (US-made)McConnellsburg, PA (US-made)
Best For FinancingScissor lifts, mid-range boomsLarge booms, telehandlers

Terex Financial Services — Genie Financing Details

Terex Financial Services (TFS) is the captive OEM lender for all Genie equipment in North America, operating through the authorized Genie dealer network. TFS provides lease and loan programs for new Genie scissor lifts, boom lifts, and telehandlers, with processing typically completed within 24–48 hours for established businesses.

TFS standard loan terms run 36–72 months for new Genie equipment. Promotional programs — including 0% or reduced-rate financing — are offered during major trade events including CONEXPO, ICUEE, and ARA (American Rental Association) conventions, as well as during model year transitions. These promotional rates typically require a minimum 650–680 FICO score and apply only to new equipment purchased through authorized dealers.

For used Genie equipment, or for borrowers who want competitive rates beyond the dealer network, independent lenders are the better option. Beacon Capital Group, ENGS Commercial Finance, First Western Equipment Finance, and Crest Capital all have extensive experience financing used Genie aerial lifts. These lenders can often approve applications with 24-hour turnaround and require minimal documentation for transactions under $150,000.

Financing Options for Genie Aerial Lifts

Financing TypeProviderBest ForTypical Terms
OEM LoanTerex Financial ServicesNew equipment, promotional rates36–72 months, 0% promos available
OEM LeaseTerex Financial ServicesRental companies, short-term use36–60 month FMV lease
Bank/Credit Union LoanRegional banksEstablished businesses, best rate48–72 months, prime +1–2.5%
Independent LenderBeacon Capital, ENGS, Crest CapitalFaster approval, used equipment48–72 months, slightly higher rate
Fintech (under $30K)Clicklease, Balboa CapitalStartups, light documentation24–48 months, higher rate
Section 179 DeductionAny lenderYear-end tax planningFull deduction up to $1.16M (2024)

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Frequently Asked Questions — Genie Aerial Lift Financing

Who manufactures Genie aerial lifts?

Genie is a wholly owned subsidiary of Terex Corporation (Norwalk, CT) and manufactures aerial work platforms at its Redmond, Washington facility. Genie was founded in 1966 by Bud Bushnell in Renton, Washington, and was acquired by Terex in 2002. The Redmond facility is one of the largest aerial work platform manufacturing plants in the world. Terex Financial Services provides OEM financing through the authorized Genie dealer network.

What is the difference between Genie GS, Z-series, and S-series?

Genie GS-series are scissor lifts — they extend vertically only and are best for work directly above the machine ($12,000–$55,000). Z-series are articulating boom lifts with multiple boom sections that can reach over and around obstacles — ideal for complex work positions ($55,000–$180,000). S-series are straight telescoping boom lifts that reach the greatest horizontal distances and maximum heights up to 135 feet ($60,000–$200,000+). GTH models are telehandlers for material placement and construction site logistics.

Why do lenders prefer Genie equipment?

Genie is the most recognized aerial lift brand in the United States, which means lenders have high confidence in collateral value. The extremely active used Genie market on IronPlanet, Ritchie Bros., and Purple Wave gives lenders precise residual value data. Every major equipment lender in the US has Genie in their approved collateral list, and approval rates are among the highest in the aerial work platform category. Genie's Terex parentage and US manufacturing also reduce lender concerns about parts supply.

What does Terex Financial Services offer for Genie equipment?

Terex Financial Services (TFS) is the captive OEM lender for Genie equipment, operating through the authorized dealer network. TFS offers standard loans (36–72 months), FMV leases, and periodic promotional financing. Promotional 0% or reduced-rate programs are offered during major rental industry events and model year transitions. TFS approves applications for both new and certified pre-owned Genie equipment, typically within 24–48 hours for established businesses with clean credit.

Can I finance used Genie scissor lifts and boom lifts?

Yes. Used Genie equipment is among the easiest aerial lift collateral to finance because the brand's depth in the used market gives lenders excellent recovery confidence. Machines up to 10–12 years old are regularly financed by independent lenders including Beacon Capital Group, ENGS Commercial Finance, and First Western Equipment Finance. Rental companies routinely finance used Genie fleet at auction with minimal documentation. Age and hours matter — machines over 6,000 hours may require higher down payments.

How does Genie compare to JLG for financing purposes?

Genie and JLG are the two dominant aerial lift brands globally, and both receive excellent lender treatment. Genie has a slight edge in domestic brand recognition and used market liquidity in the US, particularly for scissor lifts. JLG has a strong advantage in large boom lifts (over 80 feet) where its electric and diesel models are often preferred by large rental fleets. For borrowers, both brands receive similar approval rates and loan terms — the choice should be based on equipment fit and dealer proximity, not financing considerations.

Related Equipment Financing Pages

If you are comparing aerial lift and construction equipment brands, see our related guides: JLG Equipment Financing, Terex Equipment Financing, Manitou Telehandler Financing, and All Construction Equipment Financing.