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Hire Purchase - Combilift Ltd

Combilift

Established in 1998, Combilift Ltd is a specialist forklift and straddle carrier manufacturer producing a wide range of customised handling solutions, all of which are designed for the safe, space saving and very productive handling of long and bulky loads. Their expertise, knowledge of the market and practical experience led to the development of the Combilift - the ultimate long-load material handling solution.

In the last 18 years Combilift has grown to become the acknowledged global leader in the long-load handling market.  More than 30,000 units have been sold and Combilift products can be found in over 75 countries.

The company's growth is supported by an international network of distributors in ever expanding markets around the world.

The requirement

A customer of Combilift is a leading supplier of road safety barriers, kentledge blocks and temporary, secure perimeter access and fencing systems. Since their inception in the early nineties, they have been supplying vehicle mitigating concrete barriers and the associated expertise to a diverse range of markets.

The customer was hoping to purchase two combilift C4500’s from Combilift Ltd and were looking for affordable monthly payments over a 5 year period to enable them to do so.

The solution

Combilift’s customer met with Area Sales Manager, Matthew Woodberry at Close Brothers Asset Finance.  Matthew reviewed the business requirements and developed a bespoke financial package to suit their needs, enabling them to purchase the needed equipment from Combilift.  A Hire Purchase agreement was put in place which means the customer will own the trucks when the agreement ends.

Gary Whitehouse, Sales Manager at Combilift Ltd, commented: “We were pleased to be able to supply and support our customer with the financial help and guidance from Matt and the team at Close Brothers. 

"We understand how important this new equipment is for our customer as once installed, they will be able to increase productivity with the new Combilift trucks.  These new trucks will help the business to move forward whilst supporting work on larger contracts and increasing profits. 

"We would recommend Close Brothers to anyone looking for financial support and assistance.  They can tailor a suitable package relevant to the company’s specific needs.” 

Both Close Brothers Asset Finance and Combilift Ltd are excited to be exhibiting at IMHX in September 2016 and look forward to forming new business relationships and networking with existing clients there.