Archive for February, 2012
Nissan Forklift Rentals Make Sound Financial Sense
According to economists, construction and engineering companies in South Africa and elsewhere in the world are undergoing a period of extreme financial stress. When translated, this means that these companies need to find new and innovative ways to employ the capital that are required to expend during the fulfilment of their project obligations. For many companies in these industries this has meant engaging in assets like the extremely reliable Nissan brands of forklift, to be rentals rather than engaging in outright ownership.
The advantages to engaging in the rental or lease of capital equipment such as a Nissan forklift, is one of the most effective ways of making good use of an asset to ensure that the company enjoys the benefits of an extremely useful piece of equipment and does not have to part with large amounts of capital which can then be used for other expenditures.
Not only can this capital saved by rental be used for day-to-day operating expenses but the ability to use the equipment can be a balanced with a bank account that can allow the company to raise more money from a variety of different sources due to the fact that its books will represent a much more attractive proposition without the addition of an underperforming asset. The presence of an asset such as a forklift van give those providing finance pause due to the fact that often the forklift from Nissan will not be used for the full duration of the project but will in all likelihood be standing idle for at least some parts of the project.
The fact that the asset will be sitting idle while other parts of the project are completed means that it will not be delivering the best return on investment and that rental of a Nissan forklift might be a better option to get the most out of any investment. The full maintenance lease is one of the most popular ways to make use of many different types of assets.
A full maintenance lease means that many companies are free to better employ the capital that they have at hand. It means that the financial controls of the company are made much easier due to the fact that an annual plan or a project management plan can be put in place and that the enterprise is not exposed to unusual or unexpected expenses. The full maintenance lease also includes such services as the attentions of fully qualified service personnel and replacement units are also available at very short notice.
The availability of replacement units in the event of the failure of the Nissan forklift increases the attractiveness of the hire of these types of vehicles. By ensuring that replacement units are available at all times and within a set budget the company also ensures that it can meet the project deadlines that it has been exposed to and will be able to satisfy the clients’ requirements at all stages of the project.
Full maintenance rentals of a Nissan forklift also means that insurance for the equipment is part and parcel of the entire leasing agreement. Once again this is tremendously attractive as it does not expose the company to the threat of ever increasing insurance premiums in the event of the asset suffering damage which will lead it to be written off. This in turn again ensures that the company is not exposed to unforeseen expenses which can be extremely damaging within the parameters of the project timeframe and requirements.
Nissan forklift rentals will also allow the company to take advantage of the inventory that many lease companies have of additional equipment that increases the functionality of the unit. Forklifts are well known to be amongst the most versatile pieces of industrial equipment that are available and the replacement of the common bucket or lifting fork attachment of the forklift can increase its utilitarian value tremendously.
Project Completion Made Easy With Nissan Forklift Rentals
Forklift rentals are today recognised as being one of the most cost effective ways of taking advantage of the functionality and toughness of the tremendously versatile capital equipment that is designed and manufactured by companies in the Far East such as Nissan, Toyota and Daewoo. Rentals are a way to save money on long term use of capital assets such as the quality forklifts that are available on the South African market.
Many of these forklifts are today available on the second hand market or for lease, both options for the company that is looking to enjoy a reliable piece of equipment but save on the capital expenditure that can accompany the use of these assets. These forklifts are required in order to achieve the project milestones that many projects require and the comfort of knowing that the machinery is available to complete these phases of the project at a price that will ensure a superior return on investment should not be underestimated.
Getting the best form the machinery while still keeping the capital in the bank where it can be employed in other ways is the best way for the company to survive these highly stressed times. This capital can be used to ensure that the books of the company are more attractive to financial institutions which can then be approached to provide additional operating capital or the money that can be used to expand the operations of the business, one way to thrive in an environment where others may fall by the wayside.
Nissan forklift rentals are provided by companies which will also make other services available within the terms and conditions of the lease or hiring agreement. Many of these short, medium or long term rentals take the form of full maintenance leases which mean that the company will provide insurance and after sales service to ensure that the asset keeps on performing or in the case of failure is replaced as timeously as possible.
The Cost Effectiveness of Nissan Forklift Hire
For many companies the cost of ownership related to the use of a forklift, especially highly regarded brands such as Nissan, can be a drain on resources. For this reason many companies choose to engage in Nissan forklift hire, rather than outright ownership.
Many companies choose to engage in Nissan forklift hire because it makes sound economic sense. Smaller companies that rely on government contracts for their livelihood may find that the specification of each project change and that the requirements for specific pieces of equipment change as well.
In essence this can mean that expensive capital equipment such as a Nissan forklift can conceivably be sitting idle while other more urgent project requirements are met. The threat of assets not performing and in fact costing the company money while they sit idle has caused even larger companies to have a close look at engaging in full maintenance leasing contracts in order to make use of forklifts.
Companies in the construction or earthmoving fields have no choice but to make extensive use of forklifts and many prefer the brands that have their origins in the Far East due to their proven reliability and the availability of a highly efficient after sales network. A full maintenance lease or other forms of forklift hire makes perfect sense for these companies.
Full maintenance leasing means that expenses such as insurance and maintenance can be tightly controlled as these are built into the terms of the contract. In essence this means that the financial controls of the company will make allowance for the monthly expenditure involved in using the equipment and the company will not be exposed to any nasty surprises when it comes to equipment breakdowns.
By making the decision to hire a Nissan forklift the company will enjoy all the \advantages of ownership of these useful pieces of capital equipment without the associated and often unforeseen costs that can be involved when the decision is made to purchase a forklift outright.