Machinery Finance - provided by Eastern Counties Finance

Industrial Business

Case study

A local food processor required a fleet of three forklift trucks to operate within a busy potato processing factory. The forklifts worked loading lorries with product on a 12 hour shift system. The machines were selected for suitability by the customer, ECF then funded them on a fixed monthly contract with an agreed buyout at the end of the period back to the supplier.

Usually with some rural or agricultural linkage. Most popular would be factory forklift trucks, graders, grinders and recycling machinery. Usually funded on Lease Purchase or Operating Lease Contracts where ownership is not the key motivation for the deal. More that of having the use of the fastest, most efficient type of machine for that particular factory situation. The machines usually come with a term maintenance agreement which is built into the lease repayment so the customer has the best machine at a fixed cost for the contract term.