If you find yourself in a highly competitive industry, you know the importance of adopting the latest technology while still remaining flexible. As your business grows, you might need a fleet of forklifts to keep up with demand. You may run into the downside that comes from owning equipment with aged technology. Companies that choose to lease will avoid getting stuck with out-of-date equipment that can hurt productivity. In the long run, this is how they are able to remain competitive.
Our customers who lease their forklifts get the benefit of upgrading to the latest technology from Toyota, reduce downtime, and preserve capital that can better be served to grow other areas within their company. These benefits are why the Equipment Leasing & Finance Foundation reported that 79% of businesses used at least one form of financing to acquire equipment.
All businesses expect to flourish, creating a need for change that will support that growth. As demands increase, it’s crucial to have a forklift fleet that can remain flexible and adapt to changes. Leasing forklifts allow for automatic and consistent replacement cycles that are determined by the lease terms that fit your growth plans the best.