When you deal with Linde Material Handling you’ll find our finance options are as versatile as the equipment they are tailored to suit. You can choose from a range of forklift finance options including Operating Lease (long-term forklift rental), Financial Lease and Commercial Hire Purchase.
Operating Lease (long-term forklift rental)
For forklift rental periods of 3 years or more, this is the applicable option. The main benefits of an Operating Lease are:
The payments are purely an operating cost and forklift ownership does not appear on your balance sheet
The forklift is returned to Linde Material Handling at the end of your rental agreement
The forklifts are fully maintained by Linde and the cost of this service is included in the rental payments.
Linde’s lending institution buys the forklift equipment and leases it to you in return for regular monthly payments. This forklift lease typically includes a balloon or residual payment which is payable at the end of the lease term. Once this residual payment is made, ownership of the forklift is transferred to you.
It is critical this figure is based on a likely future value and condition of the forklift equipment, otherwise it may be worth less than the amount you owe. Linde’s vast forklift industry experience ensures we can provide expert assistance with maintenance requirements to ensure future market values are optimised.
Financial lease terms are typically between 3-5 years.
Commercial Hire Purchase (CHP)
For those who need to structure a forklift contract to suit specific budget limitations, commercial hire purchase is the obvious choice. Monthly repayments can be reduced by placing a deposit into the contract either as cash or a trade-in or by nominating a balloon payment to be paid at the end of the forklift contract. Even the term is flexible – from three to five years.
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