ASL with Carry Can Financing

The route runs every day, and the carry-can attachment is what keeps it moving through the stops a standard arm cannot reach. An ASL with carry can combines the speed of automated collection with the flexibility to handle bins that sit in setbacks, behind gates, or on grades where the main arm cannot align. That combination has become the preferred spec for residential contracts that cover older neighborhoods alongside newer subdivisions, because one truck type handles both without a helper running alongside it.

Financing this unit is more involved than a plain automated side loader because the body and the carry-can system are typically a package from the same manufacturer, and the combined price reflects that. New units from major body builders commonly come in well above $300,000 depending on chassis, body capacity, and the carry-can configuration. Used and refurbished versions start lower but still require lenders who understand refuse equipment as a distinct asset class. We work with operators on standard automated side loaders and carry-can variants alike, so the financing process is already calibrated for this equipment.

The carry can is a secondary container that the truck's arm picks up and carries to an accessible position for emptying, then returns. It allows the operator to service carts that are too far from the curb or too awkwardly positioned for a direct automated lift. Models like the Heil DuraPack Python and Wayne Curbtender can be configured with this option at the factory, and some operators retrofit existing ASLs through certified body shops.

From a financing standpoint, the carry-can option affects several things. First, the body cost is higher than a base ASL, which pushes the total transaction above the application-only threshold more often. Second, the hydraulic complexity of the carry-can system adds a maintenance consideration that lenders weigh when evaluating residual value on a lease structure. Third, the attachment is not always treated as part of the titled vehicle, which means some lenders want separate documentation for the carry-can component to perfect their security interest cleanly.

We handle these details in the credit package so you are not explaining them to a banker who has never seen the equipment. The asset is well understood on our side. What we need from you is documentation that the unit is on a contract or producing route revenue, proof the chassis and body are from reputable manufacturers, and either an application or three months of bank statements depending on the deal size.

• Carry-can ASLs typically run 25-28 cubic yard body capacity
• Chassis options include low-entry cabs (Autocar ACX, Mack LR, Battle Motors LNT) built specifically for residential refuse
• Arm reach on most carry-can units is 6 to 10 feet from the truck centerline before the carry-can extension activates
• Factory integrated carry-can systems carry their own warranty coverage separate from the base body warranty

Private haulers holding residential municipal contracts are the most common buyers. When a city or county awards a service agreement covering a mixed-vintage housing stock, the contract specs often require single-driver collection across all stop types. A carry-can ASL satisfies that requirement without adding a second operator to the cab. For private waste haulers managing contracts in older urban neighborhoods alongside newer tract developments, the carry-can spec is not optional, it is the contract compliance tool.

Operators expanding into residential collection from a commercial or roll-off background sometimes underestimate the per-truck investment. The carry-can body plus a suitable low-entry chassis is a larger ticket than a rear loader or a straight roll-off, and the financing needs to reflect a realistic depreciation schedule and maintenance reserve. We structure deals so the monthly obligation lines up with the contract revenue the truck generates, not a generic equipment payment that ignores how refuse routes actually cash flow.

Startup operators entering a new service territory are also strong candidates. If you have a contract in hand or a letter of intent, that document carries significant weight in the credit evaluation. Application-only financing up to approximately $400,000 means qualified buyers can close without compiling years of financial statements, which matters when you are moving quickly to field equipment before a contract start date.

New carry-can ASLs come with full manufacturer warranties on both the body and the arm, which reduces maintenance risk during the early years of a contract. The downside is lead time: factory order slots from major body builders can run six months or longer, which creates a gap if you are trying to field equipment by a specific contract start. We can structure financing commitments in advance so you are not scrambling for approval when the truck arrives.

Late-model used units (typically three to seven years old) offer a meaningful discount off new, and the carry-can market is thin enough that good units move quickly when they appear. A used garbage truck with carry-can capability in clean condition and reasonable hours can be a sound choice if the hydraulic system and arm have been properly maintained. We finance used equipment on the same programs as new, with the same credit considerations, provided the unit passes basic inspection criteria.

Refurbished units from body shops that specialize in refuse equipment also appear in the market. These are worth considering, especially for operators who want the economics of a used unit with some warranty protection on rebuilt components. Our lenders evaluate refurbished equipment case by case, and we will tell you quickly whether a specific unit qualifies.

Most transactions close in approximately one to two weeks from completed application. The main variables are how quickly we can get a clean title and inspection report on a used unit, or confirmation of a purchase order and delivery date on a new one. For application-only deals under roughly $400,000, we move on a one-page credit application and whatever basic background the lender requires. Larger transactions add a bank statement requirement (typically three months) and may include a brief review of the underlying service contract.

Financing options include a standard refuse truck loan where you own the asset from day one, or a lease structure if tax treatment or balance-sheet positioning matters. The TRAC lease is common for operators who want a defined residual at end of term and plan to roll into new equipment on a regular cycle. A dollar buyout lease works for operators who intend to keep the unit past the contract period and want title without a balloon payment.

Submit a one-page application and we will come back with structure options within a business day. If you have a contract award, a purchase order, or a specific unit in mind, include that detail and we can move the process faster. Our minimum transaction is $50,000 and our sweet spot is $100,000 to $150,000 and above. Call or submit online today.