Volvo FMX 8x4 grab tipper with crane in UKAP livery, side view

Crane & HIAB Lorry Finance

Finance for lorry-mounted cranes (HIABs), crane lorries, mobile and crawler cranes, new or used. Six- and seven-figure deals arranged on your behalf with specialist lenders.

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Crane Finance from Lorry Loaders to Crawler Cranes

Cranes are some of the most valuable machines in construction and haulage. A mobile or crawler crane can cost hundreds of thousands, or millions, of pounds, and only a handful of lenders understand them. Boost Finance arranges crane finance for crane hire companies, hauliers, builders’ merchants and contractors, from a single lorry-mounted crane (often called a HIAB) to large mobile and crawler cranes.

Cranes we finance

Crane lorries & HIABs

Rigid and artic crane lorries with knuckle-boom lorry loaders, for deliveries, hire and site work.

Mobile cranes

All-terrain, rough-terrain and city cranes, new or used, for crane hire and contract lifting.

Crawler & tower cranes

Crawler cranes, tower cranes and spider cranes for major projects.

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Ways to fund it

Hire purchase

Fixed monthly payments and you own the asset at the end. VAT deferral can help with the upfront cost.

Hire purchase →

Finance lease

A low upfront cost, with VAT paid on each monthly rental rather than upfront.

Finance lease →

Refinance

Release cash tied up in equipment you already own and keep using it.

Asset refinance →

Need working capital, a GGS-backed facility or funds for premises as well? See business loans.

Financing big-ticket cranes

Specialist lenders

Large mobile and crawler cranes need lenders who know their values. We match the crane to the right lender.

Records matter

Lenders look at hours, maintenance and LOLER thorough examination records, and the crane’s age at the end of the agreement.

Structured payments

Balloons, seasonal or stepped payments can be available on larger deals to match hire income.

We arrange finance on cranes and lorry loaders from Liebherr, Tadano, Grove, Terex, Palfinger, Hiab, Fassi, Atlas and others. Boost Finance is an independent credit broker and is not affiliated with or endorsed by any manufacturer.

Related

Grab lorries with cranes

Grab lorries carry a crane too. We recently funded a new Volvo FMX 8×4 grab lorry for UKAP as part of a £523,000 deal. See grab lorry finance and the UKAP case study.

Crane & HIAB Finance FAQs

Can I finance a used mobile crane?

Yes. Specialist lenders fund used mobile and crawler cranes, depending on age, hours, condition and records.

Can I finance an imported crane?

Often, yes. Many cranes are bought from European dealers. Lenders will check the supplier, the crane and its paperwork.

What is a HIAB lorry?

It’s a lorry fitted with a knuckle-boom crane, also called a lorry loader. HIAB is a brand name that’s often used for all of them. We finance crane lorries from every manufacturer.

Can I fit a crane to a truck I already own?

Yes. The crane and fitting can be financed on their own, and the truck can sometimes be refinanced alongside them.

Can payments match crane hire income?

On larger deals, some lenders offer balloons, seasonal or stepped payments. We’ll tell you what’s available.

Are you a lender?

No. Boost Finance is a credit broker, not a lender. Boost Asset Finance Ltd is an Appointed Representative of EFT Finance Limited, which is authorised and regulated by the Financial Conduct Authority (FRN 667290). We work with a panel of lenders to find the right finance for you.

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