Forklift Financing Quotes

Forklift Types

Double-Deep Reach Truck Financing

Finance double-deep reach trucks for high-density pallet storage. Extended reach pantograph, specialized DC equipment. $50k floor, challenged credit reviewed, 7-14 days.

Request Terms

Double-deep reach trucks push the standard reach truck's pantograph further, extending to place or retrieve pallets in the second row behind the front-face position of a double-deep rack system. The mechanism reaches two pallet positions deep from a single aisle, which is the whole point: the same aisle width that a standard reach truck operates in now accesses twice the storage density per row, at the cost of direct selectivity on the rear position. For operations that store multiple pallets of the same SKU and can work with a first-in-last-out sequence on the back position, double-deep racking supported by a double-deep reach truck is a meaningful way to add storage capacity without adding floor space.

We fund double-deep reach trucks from $50k, new or used. These machines run between $45,000 and $75,000 new depending on mast height, manufacturer, and optional equipment, putting individual units within reach of our threshold and multi-unit orders well above it. Purchase loan,equipment lease, orsale-leaseback. B and C credit considered.Application-onlyup to roughly $400k. Funded within seven to fourteen days.

How Double-Deep Reach Trucks Differ from Standard Reach Trucks

A standard reach truck's pantograph extends the fork carriage forward by the depth of one pallet position, roughly 44 to 48 inches. A double-deep reach truck's extended pantograph reaches approximately 88 to 100 inches forward, enough to slide past a front-position pallet and place or pull the second pallet behind it. This extended reach changes the mechanical specification of the pantograph, the hydraulic system driving it, and the overall machine dimensions.

Crown, Raymond, and Jungheinrich are the manufacturers with the most widely recognized double-deep reach configurations in the North American market. The Crown RR 5700 with extended reach option and the Raymond 7500 in double-deep configuration are among the most common machines in this category found in corporate DC fleets. Jungheinrich's ETV series in extended-reach variant is frequently specified by European-heritage logistics operations running Jungheinrich fleets.

The secondary market for double-deep reach trucks is narrower than for standard reach trucks. The buyer pool is limited to operations that actually run double-deep racking and have the aisle width and mast height configuration that matches the machine. This narrower pool compresses residual value assumptions compared to a standard reach truck, and we account for that in deal terms. Shorter terms or slightly lower advance rates on used double-deep machines are the typical adjustments.

For operations financing a double-deep reach truck alongside standard reach trucks for a mixed-density DC, we recommend bundling the transaction. Including the double-deep machine and the standard machines in one facility avoids separate notes and produces a single monthly payment covering the full reach truck fleet. We also handle the related financing formoving-mast reach trucksand the broaderstandard reach truck programif the operation is building out a complete narrow-aisle fleet.

When Double-Deep Storage Makes Sense

The double-deep racking and reach truck combination makes economic sense for a specific operational profile: high SKU volume with multiple pallets per SKU and a storage density challenge that standard single-deep racking is not solving. Food and beverage distribution with high-volume replenishment items, regional grocery DCs storing multiple pallets of the same product, andpaper and packagingoperations that routinely store multiple identical pallets are the types of operations where the double-deep configuration is designed to work.

The loss of direct selectivity on the rear pallet position is the operational tradeoff. If the DC carries many single-pallet SKUs or needs random access to every pallet position independently, double-deep racking creates management complexity that outweighs the density gain. Operations making the double-deep decision typically have a warehouse management system that can track which positions are occupied and route the reach truck accordingly.

E-commerce fulfillmentoperations that carry high-velocity stock keeping units in bulk storage areas sometimes use double-deep racking in the bulk zone paired with standard selective racking in the active pick zone. In that configuration, the double-deep reach truck handles the bulk storage replenishment whileorder pickersrun the active pick aisles. Financing the full fleet, including the double-deep machine and the order pickers, as a single transaction simplifies the capital decision.

Credit and Documentation for Double-Deep Transactions

The documentation path for double-deep reach truck financing mirrors our standard reach truck process. Under $400k, recent business operating statements and a one-page credit application. Above that threshold, or for credit profiles with complexity, business tax returns and more detailed financials complete the picture. B and C credit are considered. The machine itself is strong collateral even if the buyer pool is more specialized than a standard reach truck.

Operations in growth mode adding double-deep capability to an existing DC that already runs a standard reach truck fleet have an established operational track record we can point to in underwriting. That history, combined with bank statements showing consistent revenue, is often enough to close the deal without requiring full financial statements. We work the deal around what we have rather than asking for documents that do not change the analysis.

For first-time forklift financing with limited credit history, a down payment of 10% to 20% can make a double-deep reach truck deal workable where it otherwise would not be. We are straightforward about when a down payment helps and when it does not change the outcome.

Finance the High-Density Reach Fleet

Double-deep machines, standard reach trucks, or the full narrow-aisle fleet.B and C creditwelcome. $50k floor, app-only to $400k, funded within seven to fourteen days. Tell us the machine spec and we will structure the deal.

Ready to finance Double-Deep Reach Truck Financing?

Send the quote, serial details, condition notes, battery or engine information, attachment package, and seller documents.

Get Forklift Terms

Forklift Questions

Answers styled as readable accordions instead of loose text blocks.

Can I finance a double-deep reach truck on the same note as my standard reach trucks?

Yes. A mixed reach truck transaction including both double-deep and standard models is structured as a single deal. One monthly payment, one set of documents. The double-deep machine's collateral profile is slightly different from standard reach, and we reflect that in the advance rate and term for that unit, but the transaction is unified.

Are used double-deep reach trucks harder to finance than new?

Used double-deep machines are financeable but carry more residual caution than standard reach trucks because the buyer pool is smaller. Service records, battery health, and price paid relative to market value are the key factors. A well-documented used double-deep at a realistic price is fundable. An overpaying purchase relative to current market is harder to structure.

How does the double-deep pantograph affect machine maintenance and financing?

The extended pantograph mechanism is a more complex component than a standard pantograph and represents an additional maintenance consideration. Lenders are aware of this. It does not prevent financing but is factored into how useful life and residual value are estimated. A machine with full service documentation on the hydraulics and pantograph mechanism is easier to evaluate and fund.

What term lengths are typical for double-deep reach truck financing?

New double-deep reach trucks are typically financed on 36 to 60-month terms, with 48 to 60 months being common for machines with strong collateral profiles. Used machines may carry shorter terms, 24 to 48 months, depending on age and hours. We fit the term to the machine's expected remaining useful life rather than applying a blanket term.

Can the racking system be included in the same financing as the double-deep reach truck?

Pallet racking is not mobile equipment and is typically financed separately through a different type of facility or lender. The mobile lift equipment, including the reach truck, is our focus. If you are also financing racking, we can refer you toward appropriate sources, but the racking and the truck are separate transactions.

Get Terms on Double-Deep Reach Truck Financing

Tell us what you are buying, who is selling it, and when you need it earning. We will review the file and point you to the next step.