South Island Forklifts offers finance on all forklifts
Because every business is different we offer affordable and flexible financing options designed to meet your immediate and long-term needs.
Our creditworthy, experienced providers will help you make sense of the options so you can focus on your business, not the financing of your forklifts. We'll provide an obligation-free quote on a range of financing options for new or pre-owned equipment. Normal terms and conditions apply.
Finance Lease / Lease to Own
One of the key benefits of purchasing a forklift using finance lease is that it allows businesses to utilise capital for other purposes. You gain immediate use of the equipment without a large up-front cost.
The other advantages include: improved cashflow due to fixed monthly payments suited to your needs, a fixed interest rate and the residual value is negotiated at the start of the contract.
At the end of the finance lease term, once the agreed residual value has been payed, ownership is transferred to you. Alternatively the residual value may be used to finance into another short-term loan.
Hire Purchase / Term Loan
This is the more traditional loan structure used by banks. Full GST can be claimed up front in one lump (instead of monthly) and you take ownership from day one.
The key benefit is our variable repayment structure which might suit a business with a seasonal cash flow or one wishing to make lump sum payments. An end (balloon) payment can be incorporated, which also lowers the monthly payments.