EP IMOW ICE251 - LITHIUM POWER - Hire

ICE251 adapts LFP Li-ion battery that prevents the battery from self-ignition and ensures safety operation. It supports opportunity charging so it can be charged at preferable time during the day without disrupting working schedules.

The overall length of ICE251 is 3573 mm that is 5% more compacted in size than a regular IC forklift to be used in narrow aisle.

ICE251 features its high strength mast and tapered roller steering axle for better stability and endurance. The truck is able to be
operated outdoors, even on uneven road to perform heavy duty tasks.

RENT TO OWN/BUY

Flexible Financing for your Business Needs

Rent to Own (also referred to as Rent to Buy) is a popular financing option for businesses that may not qualify for traditional equipment finance such as start-ups or businesses with little or no trading history. Under a rent to own program, the lender will buy the equipment on behalf of the borrower and rent it back to them over an agreed term at a fixed price. Because the lender has made the purchase, not the borrower, the asset remains on the lender’s balance sheet.

Benefits of Rent-to-Own

A Rent-to-Own strategy can be an extremely cost-effective financing option. It is especially helpful for people who want to frequently upgrade their equipment or minimise their asset ownership risks. Some of the key benefits of taking advantage of a rent to own program include:

- Allows businesses to access equipment they otherwise would not be able to afford.
- Access equipment for short-term work commitments
- Avoid having to keep non-essential gear on hand after the completion of a project
- Option to return, renegotiate, or refinance/purchase the equipment at the end of the term

Rent-to-buy is ideal for companies that frequently upgrade equipment or want to conserve capital for other investments, individuals who need immediate access to essential items but prefer the option to buy later, and start-ups looking to acquire necessary equipment without a significant initial expense.

How does Rent-to-Own work?
In a rent-to-own program, the borrower will choose their vehicle or equipment for the price they can afford. The lender will then calculate a rental offer based on an agreed value for the asset. Following this, the lender will source the appropriate vehicle or equipment within the borrower’s price range and once the loan is established, the borrower will make an initial loan commencement payment followed by weekly payments for the remainder of the loan term.