JLG Dealer Floorplan Financing
 
JLG Financial Solutions offers a variety of long-term floorplan financing options to JLG’s Authorized Telehandler and MHEDA Dealers through our financing partners.  This program allows our Dealers to utilize Interest Free and Payment Free periods while the equipment is in their stock.
 
Financing Partners:  To best suit your financing needs, our Team works closely with GE, Wells Fargo (formerly CIT), CitiCapital and US Bancorp for our US Dealers.  We also work with GE, Wells Fargo and CIT for our Canadian Dealers.
 
Eligibility Requirements:  This program is available for JLG’s Authorized Telehandler Dealers for the purchase of all new models of JLG manufactured JLG, Gradall, Lull, Skytrak and CAT brand telehandlers.  This program is also available for the purchase of all new models of JLG brand Stock Pickers and Triple-L Trailers through Authorized MHEDA Dealers.
 
Credit Information Requirements:  A floorplan line will be established with one of our financing partners once financial information is provided and credit is approved.  Please contact JLG Financial Solutions to initiate the credit process.
 
Financing Options Available:  The Dealer will need to finance 100% of the invoice amount, including freight.  Standard terms for this program are 60 months, but other options may be available through our Financing Partners.

Example Structure of a Standard Floorplan:  Months 1 – 3, No Principal or Interest Payments; Months 4 – 6, Interest Only Payments; Months 7 – 60, Principal and Interest Payments. 

Interest Rates:  The interest rate for the floorplan program is floating and fluctuates with changes in Prime Rate.