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Forklift Finance Options for Forklift Sales & Hire
Whether it’s short or long term, on or off-balance sheet funding you’ll have access to a high standard of equipment that you might not have been able to afford otherwise, at market leading rates. Rest assured we’ve got the right materials handling equipment at the right price finance options for you.
Short Term or Long Term Forklift Hire (from our extensive fleet)
Rental prices vary depending on machine specification and the length of contract that you choose. Renting can be a very cost-effective solution for many customers for varying reasons and has the following advantages over owning a forklift:
- No capital outlay to use the equipment
- Simple budgeting
- Breakdowns, repairs, routine maintenance and annual Thorough Examination certification are included
- Flexibility to change the equipment or specification
Terms & Conditions apply
Contract Hire (of a new truck to your specification)
Similar to a Finance Lease, Contract Hire provides 5 -7 year rental of the equipment; the key difference between the two is that Contract Hire is only for part of the asset’s useful life.
This means you pay a reduced rental because the cost is based on the difference between the asset’s original purchase price and its residual value at the end of the agreement.
You get full use of the asset for as long as you need it, without the burden of responsibility of disposing of it or recouping its residual value as well as:
- Off balance sheet funding
- No or low initial outlay – Quick access to the asset you need without a heavy upfront investment
- Freedom – Full use of the asset without having to buy it outright
- Flexibility – Option to re-rent, purchase or return the asset at the end of the term
- Pay less – Rental cost is reduced as it is based on a percentage of the original capital cost
- Reclaim VAT on rentals
- Breakdowns, Repairs, routine maintenance and annual Thorough Examination certification are included
Terms & Conditions apply
Hire Purchase (of new and used equipment)
Hire Purchase enables you to acquire an asset while paying for it in instalments over an agreed term. At the end of the term, you have the option to purchase the asset outright.
Far more flexible than a conventional loan, Hire Purchase lets you spread the cost of your investment, making it easier to budget and is:
- On Balance sheet, allowing tax efficient Capital depreciation
- Tax efficient as you can offset your HP interest against pre-tax profits as well as reclaim VAT on the capital cost
- More time to repay; spread the cost over the life of the asset or structure repayments to take account of seasonal fluctuations in your cash flow
Terms & Conditions apply
“They are very proactive in the marketplace, offer value for money and a personal touch”