Forklift Truck Finance

As a member of the FCA, C&D Fork Trucks Ltd is licensed to arrange finance options for our customers.

We understand tying up your working capital in costly equipment could mean missing out on other opportunities. Deciding how to fund the purchase of forklifts and materials handling equipment is important – which is why we have finance options to meet your needs.

Contract Hire

Forklift Contract Hire is an agreed fixed monthly charge which covers both the finance and the maintenance element of the equipment.

The agreement can run for a specified time period and the equipment is collected at the end of the agreed time frame, when a new fork truck can be supplied.

Key Benefits:

  • No unexpected repair bills
  • Frees up capital for other investments
  • 100% of rentals paid are normally offset against taxable profits
  • VAT is paid on each rental over the hire period instead of an upfront lump payment
  • Rentals terms are fixed and tailored to suit upfront
  • No final payment
  • New truck supplied at the end of period

Lease Purchase

Lease purchase gives you the opportunity to own a new or used forklift without tying up cash reserves.

The agreement can run for a specified time period and once all payments are made the ownership of the truck is passed to you.

Key Benefits:

  • Frees up capital for other investments
  • Capital allowance may be claimed
  • Easy budgeting, fixed payments
  • Truck generates income as you pay monthly
  • VAT is recoverable upfront
  • Truck is listed as an asset on your balance sheet
  • Repayment interest allowable against tax profits