Snorkel Scissor Lift Financing

Scissor Lift Brands

Snorkel Scissor Lift Financing

Finance Snorkel scissor lifts new or used from $50k. S3219E electric and S3970RT rough-terrain closing after file completion. Application-only to $400k, non-prime credit reviewed.

Finance Snorkel scissor lifts new or used from $50k. S3219E electric and S3970RT rough-terrain closing after file completion. Application-only to $400k, non-prime credit reviewed.

Snorkel has a longer history in the aerial work platform market than most buyers realize. The brand dates to the 1950s and has gone through several ownership structures, most recently operating under Snorkel International and assembling equipment at facilities in the United States and internationally. The current scissor line covers slab electrics and rough-terrain diesel units, with pricing positioned competitively against the major volume brands. For buyers comparing feature-per-dollar, Snorkel units frequently test favorably.

We fund Snorkel scissor lifts new and used from $50k. Application-only to $400k. B and C credit files are considered. Three months of bank statements covers the documentation package for most deals. We close after seller documents are ready.

Snorkel Scissor Lift Models: Electric and RT Lines

The Snorkel S3219E is the brand's 19-foot slab electric. It carries a 500-pound platform capacity with a platform width suited for standard commercial interior applications: drywall, ceiling tile, paint, and light fixture work at that height class. At roughly 2,700 to 2,900 pounds, it competes directly with the Genie GS-1930 and Skyjack SJIII 3219 on weight and footprint.

The Snorkel S3970RT is the rough-terrain diesel unit at 39-foot working height. It runs 4WD with oscillating axles, a platform capacity above 900 pounds, and the ground clearance needed for active construction sites, unimproved surfaces, and outdoor grade work. At 39 feet, it slots between the common 32-foot RT offerings and the taller 43-to-53-foot machines, making it useful for mid-height exterior scopes where the taller units would be over-specified.

For buyers whose work includes both interior and exterior access, a mixed order of Snorkel electric slab units and one or two S3970RT rough-terrain units is a practical fleet combination. We fund mixed-model orders on a single application.

Snorkel in the Competitive Scissor Market

The scissor lift market has expanded significantly in terms of available brands over the past decade. Chinese-manufactured platforms from Sinoboom, LGMG, and similar companies have entered the North American market at price points below the established Western OEMs. Snorkel sits in a middle position: not as dominant in rental-fleet penetration as JLG, Genie, or Skyjack, but with a longer service history and parts availability than the newest market entrants.

For financing purposes, that position matters. Lenders evaluate used equipment partly on resale market liquidity. A Snorkel unit from three to seven years ago has an established secondary market in North America, which means we can fund it with standard terms. Newer market entrants from Chinese OEMs are assessed differently because their secondary market is less established, which can affect the advance rate on used-unit deals.

The practical implication for buyers: a used Snorkel electric at a reasonable price funds cleanly. We look at hours, condition, and dealer valuation references. The brand's presence in the North American market for decades means lenders are comfortable with the collateral.

Refinancing and Sale-Leaseback Options for Snorkel Owners

If you financed Snorkel units at a high rate through a dealer program or a captive lender two or three years ago, refinancing those units to a lower monthly payment is worth a conversation. We look at the remaining balance, the current market value of the machines, and the rate differential. If the numbers make sense, we pay off the existing loan and reset the term.

A cash-out refinance is available if the units are worth more than the current loan balance. You refinance to a new loan that covers the payoff plus additional cash, which goes to working capital or equipment expansion. This requires that the current loan balance be well below the machine's current market value.

Outright owned Snorkel units qualify for a straight sale-leaseback. The desk buys the units at market value and leases them back to you on a monthly payment while you keep them in service. Three months of bank statements, photos, and serial numbers start that process.

Start Your Snorkel Deal

New or used Snorkel units, single machine or a fleet order: we fund from $50k and close after seller documents are ready. Three months of bank statements and the machine spec is the starting package. challenged credit reviewed, application-only to $400k. Get a quote on the desk today.

Questions operators ask

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Snorkel is not as common on rental yards as JLG or Genie. Does that affect financing?

It can affect the secondary market value assessment on used units. Snorkel has enough North American market presence that lenders are familiar with it, and used-unit values are trackable. The advance rate on a used Snorkel may be slightly more conservative than on a JLG or Genie of the same age and hours, but the deal still funds.

Can I finance a Snorkel RT and a Snorkel electric on the same application?

Yes. Mixed-model orders on one invoice fund as a single deal. We look at the total amount and the combined machine values. The rough-terrain unit and the slab electric are assessed separately for collateral value but funded together.

I bought a Snorkel S3219E two years ago at a high rate through a dealer. Can I refinance it?

Yes, if the current market value of the machine exceeds the loan payoff, refinancing is possible. We need the current payoff amount, three months of bank statements, and photos of the machine. We quote the refinance rate and new payment before you commit.

Does the S3970RT's 39-foot height class fit standard construction scissor applications?

The 39-foot class fills a real gap. Most rough-terrain scissors top out at 32 feet or jump to 43 to 53 feet. The S3970RT is useful for exterior applications where the 32-foot machines fall short and the taller units are more machine than the scope needs.

Is Snorkel equipment still manufactured in the United States?

Snorkel has assembled equipment at US facilities and has also sourced components internationally at various points in the brand's history under different ownership structures. Current production specifics should be confirmed with the dealer. For financing purposes, country of assembly does not change how we underwrite the deal.

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