Flexible financing option for new and used equipment

30 October 2018 | Web Article Number: ME201812409

Engineering Supplies
Materials Handling & Bulk Handling

WACKER Neuson South Africa is adding value to its light, compact equipment and service portfolio with the introduction of an in-house financing solution to assist customers with the purchase of new, demo and used Wacker Neuson equipment.

“This tailor-made financial solution confirms that our commitment to our customers is not mere lip service,” said Dennis Vietze, Managing Director for Wacker Neuson Sub-Saharan Africa.

“We want our customers to thrive but challenges such as difficulties in securing finance and cash flow can have a negative impact on our and our customers’ business growth. With the addition of this financing portfolio we can confidently position ourselves as a complete turnkey light, compact equipment and service partner.”

Recognising the intricacies surrounding financing, Wacker Neuson elected to partner with an established finance company. “We have worked closely with our finance partner to develop a flexible financial solution offering to ensure that we meet customers’ varying needs according to their businesses and budget. I believe we have achieved our objectives,” said Vietze who described Wacker Neuson’s new in-house financing portfolio as “uncomplicated, reliable and individual”.

Flexible financing option for new and used equipment

“The fact that customised financial solutions are also available for demo and used Wacker Neuson machines bears testimony to our level of trust in the reliability and service life of our machines.”

Wacker Neuson’s financing suite offers qualifying customers a wide range of flexible options to choose from including leasing, rent-to-purchase and rental fleet financing. Leasing offers the financial leeway necessary for medium to long-term use of equipment. Various lease options enable customers to adapt the leasing agreement to their individual needs, depending on the order situation and market development.

Rental-purchase transfers ownership of the rental-purchase equipment to the customer at the end of the contract period. In addition to retaining liquidity, this financing option provides customers with certainty for future planning.

As operators of rental parks have specific requirements for their fleet, Wacker Neuson provides these customers with comprehensive financing support coupled with advice. Customers also have a choice of balloon or seasonal payments.

Benefits of the in-house financing package include a buy-back option that is fully covered by Wacker Neuson‘s financial partner. Customers will also be able to closely monitor costs by using the monthly rates to accurately calculate monthly expenses.

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