Forklift Truck Finance

Here at Peterman Engineering we understand that every business has different needs, requirements and financial situations, which is why we offer the widest possible choice of forklift truck finance options that can be tailored to suit your individual company. We have a team of specialist financial advisors who can provide a practical and flexible solution to any situation, to ensure we can supply your business with the efficiency and assistance a fleet of forklifts will provide, at a price to suit you. We even offer an exchange or return facility for part of your fleet to ensure complete adaptability in line with your changing business requirements. Contract hire or rental, lease purchase and finance lease are some of our most basic and popular options:

Contract Hire
This off-balance sheet method of funding improves gearing and other ratios. Rentals are particularly affordable because we retain the responsibility for the residual value and for obtaining tax advantages, whilst you, as the customer benefit from a fixed low rate that covers both forklift finance and forklift maintenance.

Lease Purchase
This is a form of hire purchase that provides you with the ultimate ownership of the forklift truck. It maximises tax benefits and spreads the cost of your forklift over an agreed period.

Finance Lease
This is an on-balance sheet form of hire financing which spreads the capital cost but which excludes maintenance. At the end of the primary period, the agreement may be terminated or continued at a nominal rent.

If you would like to speak to a member of our forklift finance team about the most affordable and practical way to buy or rent your forklift, simply call us today at Peterman Engineering for expert advice.