Elevator bolts are often used with canvas or other soft, pliable materials. The large diameter, flat countersunk head keeps them from pulling through the material. Also known as belt bolts, elevator bolts are also known for a shallow, conical bearing surface, an integrally-formed square neck under the head and a unified thread pitch.

A common application for elevator bolts is industrial or agricultural belting systems or conveyor systems, where head clearances must be minimal and where a wide thin bearing surface is desired. Similar to the carriage bolt, the elevator bolt's square shoulder under head prevents turning when nut is applied.