FORKLIFT LEASE & FINANCE OPTIONS
There are many products through lending institutions that offer custom designed lease products for your individual business
needs. Some of these options include:Skipping a lease payment, which is beneficial for seasonal business when revenue is
not generated monthly.
Two term leases, which gives the ability to walk away at the end of the first period or significantly reduce the payment during
the second term.
Accelerated or decelerated payments, which is a fixed term with payments increasing or decreasing over the term. This option
can help decrease your interest expense or reduce your current payment until business improves.
BUY USED FORKLIFTS
If your forklift runs less than 4 hours each day, buying used may work for your application. Many used forklifts arrive in the
fleet when they are turned in for trade or off-lease. In addition to the initial cost savings, most units have been reconditioned
by the dealer. Upgrades may include paint, tires and safety features. Warranties are often included or available for upgrade.
CONSIDER AN ELECTRIC PALLET JACK
The electric pallet jack (EPT) is often overlooked but will save thousands of dollars on the purchase. For applications requiring
only a horizontal movement of product, you should consider an EPT. There is also a wide array of electric forklift products
available as well, if these are more appropriate for your unique situation.
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