Telehandler Finance
Specialist telehandler finance and leasing solutions brought to you by HAF. Providing a range of funding options for both new and used telehandlers. With years of industry experience offering finance within the construction sector, HAF can help source the telehandler and provide industry leading finance rates.
Click here to see the different finance options available, for additional information or advise on which option to fits your business, please give us a call. You may want to prioritise keeping the deposit low, owning the machinery outright or keeping monthly payments as low as possible. HAF can tailor a finance agreement to support cash flow, keep within budget without the need to compromise on the equipment and machinery that’s vital for your business.
Send an enquiry form through today and we can schedule a call, alternatively please give us a call on.. 01789 335 712
Telehandler Finance & Leasing
A telehandler is an essential tool for any construction site. They are designed to save time, reduce the risk of injury and improve efficiency even in high traffic situations! These well-used machines can be classified as telescopic handlers or boom lifts depending on their function but they all share a few key features:
1) The machine has two handles – one at each end – with wheels below them making it easy enough to move around obstacles without damaging anything;
2 ) A drive system powered by engine(s), battery pack & reduction gearbox which turns these handles into manipulators capable set up scaffolds anywhere from 10m x 5m+ ;
3) Telescoping hydraulics mean operators only need extend long arm when positioning workers.
Different Types of Telehandlers
There are three main types of telehandlers, standard fixed boom, rotational and heavy -lift telehandlers. Let’s see how they differ from one another!
Standard fixed boom telehandler
Standard fixed boom is the basic model for construction and agriculture. They’re best for sites where space is at a premium, due to their compact design. The boom can normally reach up to 10m and can lift loads between 5 – 7 tonnes.
Rotational Telehandler
These versatile machines have been seen more and more on modern sites, as they can be used for all sorts of tasks—including hard-to reach areas with their telescopic boom built into one moving section that rotates 360 degrees.
Heavy-lift Telehandlers
Heavy lift telehandlers handle heavy loads with ease, and their ability to get into hard-to reach places makes them an excellent choice for mining companies. A large variety or uses has earned these machines worldwide recognition as one powerful machine.
HAF can help find and finance any type of telehandler for your business. Please get in touch and speak to a finance expert today!
Why Use HAF?
As industry leaders in the asset finance industry, we have a dedicated team that specialise in hard asset finance. Partnering alongside suppliers and providing direct finance to customers. We can provide leading rates, professional advice and connections to some of the best suppliers and manufacturers of equipment and vehicles. Saving you time and effort by delivering an all-in-one solution. Perfect for any business looking to acquire hard assets in the most affordable way possible.
The sectors we specialise in include commercial vehicles, manufacturing equipment, plant equipment, machinery, construction vehicles and agricultural machinery/vehicles.
Financing hard assets provides finance companies with good security as the assets tend to retain value for many years, even at the end of their lease. This combined with our access to a diverse portfolio of funders means we can provide you a bespoke and affordable finance option.
Key points
- We can source your vehicle
-
Offer a range of flexible
finance options - Provide industry leading rates
- Both new and used vehicles
-
Offer years of industry
experience
Benefits of Telehandler Finance
Asset finance is most commonly used to acquire hard assets. A hard asset is a tangible/physical asset with fundamental value that are normally held for the long term. Like recovery trucks they are often key to the businesses operations but are expensive in value. These are two of the key reasons why most businesses look to use a hard asset finance facility. There are also a range of benefits that come with this option:
Protect Cash Flow
Keep cash in the business and invest in areas that will produce a return on investment. Obtain the vehicle that is necessary for your business with little to no upfront cost.
Fixed Repayments
Perfect for financial planning and selecting a finance package that is affordable for your business.
No Large Upfront Cost
No need to invest large sums upfront, however this is an option if you wish to reduce monthly payments.
Quick Access
If you need a recovery truck urgently but don’t have the immediate cash available, finance allows you to obtain the asset immediately without having to wait for the cash reserves.
Access to Higher Spec Vehicles
No need to compromise on the vehicle you select. The difference in a newer or higher spec vehicle can often be a very small increase in monthly payments.
HAF Finance
Here we have the four agreement types used for recovery truck finance and all hard assets. Here at HAF, we will guide you through all options and help you select the most suitable for your business.
Finance Options
Hire Purchase
Hire Purchase (HP) are monthly rental instalments where at the end of the term you have the option to purchase the asset outright or simply return it. Payments can be structured to align with your cash flow which could mean a small upfront payment or larger to reduce monthly payments.
Finance Lease
A finance lease is a leasing agreement which involves renting the asset over an agreed period of 1-5 years. A popular method due to the significant tax advantages. At the end of the agreement, you have four options: Hand the asset back to us at HAF, purchase the asset outright, continue paying the monthly payments or take out a new lease.
Operating Lease
An operating lease is an agreement to use and operate an asset without the transfer of ownership. Often used for high value assets, the rental is at an agreed rate and time period. The rental will not cover the full cost of the asset, therefore at the end of the agreement a residual value is offered by the funder which allows you to buy the asset minus the lease rentals paid so far.
Business Contract Hire
Business contract hire is a popular finance option used for company cars. The vehicle is leased over an agreed period from 2-5 years. At the end of the agreement, the vehicle is handed back to the finance company. A simple agreement often used for brand new vehicles, sometimes used with no upfront fee just monthly instalments.