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Forklift Finance Options
Forklift finance is the ideal option for business owners that wish to purchase without the stress of having to make one outright payment. Whilst finance options do include interest, they give you the ability to purchase instantly.
Greenpower Forklift use trusted and accreddited credit companies that are governed by offical bodies.
All forklift finance options come with a full warranty (term dependant on the unit purchased), service and maintenance. They also include a LOLER certificate.
HP with Balloon
Make affordable monthly payments (including interest) over an agreed term and complete your overall purchase with a larger one off fee once the fixed term has been completed. Increasing your intial deposit will lower the price of your monthly installments. Once the monthly installments and final balloon payment is made, you will own the forklift outright, no strings attached.
Key benefit is that you can increase your businesses revenue whilst operating the new forklift, making the final balloon payment easier to handle.
This is a popular option with many businesses.
Example ECO 15 3 Wheel Electric Forklift – 3000MM LIFT at £12,999.00 with 8% interest
Deposit: £5,000.00
Amount financed: £7,999.00
Monthly Installments (36 months): £250.66
Final Balloon Payment: £4,000.00
Total Payable: £18,019.76
Amount Paid in Interest: £4,000.00
Hire Purchase with balloon Finance options unavailable on Greenpower F2, Greenpower EPL154.
Hire Purchase
Hire purchase agreements are ideal for business owners that have enough capital to make a large deposit so that they can pay affordable monthly installments throughout the whole term up until the point that they own the forklift. This is an ideal option for anyone looking to make consistent payments.
Example: ECO 15 3 Wheel Electric Forklift – 3000MM LIFT at £45,950.00 with 8% interest
Deposit: £10,000.00
Amount financed: £35,950.00
Monthly Installments (36 months): £1,238.28
Total Payable: £54,578.08
Amount Paid in Interest: £8,628
Contract Hire
Contract hire is the ideal option for business owners looking to lease a forklift for a set period of time without the end goal of owning the unit. It is a flexible option where owners can later upgrade their forklift without the added effort of selling their existing forklift.
Example: MFZ16 REACH TRUCK NEW LITHIUM ELECTRIC – 7000MM LIFT – (#MR4) – £24,750.00 with 8% interest
Deposit: £0.00
Monthly Installments (36 months): £775.58
Total Payable: £27,936.88
Amount Paid in Interest: £3,186.88