Forestry Equipment Finance: Funding to grow and equip your business
The busier your forestry business, the more you demand from your vehicles and equipment - and your fundingSpeak to one of our experts020 4525 5312
- HP up to 60 months
- Balloon payment options
- No capital requirement
- Undercut "0% finance" deals from suppliers
- Choice of leasing arrangements
- Suitable for all types of forestry vehicles and equipment
- No drain on capital
- Up to 100% funding
- New and used equipment
- ideal for growing businesses
- Refinance existing assets
- Low rates – lending secured on assets themselves
The right equipment is vital to the success of your forestry business - and so is having the finance you need.
Table of Contents
Your equipment is key to productivity and safety. But if your business is busy, you will wear out equipment and vehicles fast.
What’s more, existing heavy equipment may no longer be adequate for changing forestry practices. New developments, such as short rotation and reforestation, are joining the traditional tasks of felling and transport, requiring new attachments and, in some cases, completely new machines.
To stay safe and competitive, you need constant investment in equipment.
At Rangewell, we can help.
Asset Finance solutions for the forestry industry
A £100,000 plus cash purchase of equipment like a skidder or forwarder, for example, is impossible for most businesses.
At Rangewell, we can help you find the solutions. Asset Finance can help make the equipment you need more affordable, by spreading the costs over time. Your new machines pay for themselves from the extra productivity and revenue they generate.
With Asset Finance, the funds you need are secured on the asset itself. This means that if you were unable to make the repayments the lender would simply repossess the asset.
This reduces the risk to the lender and to you because it means none of your other personal or business assets are at risk.
It can also reduce the cost of the finance, as lower risk to the lender usually means lower interest rates to you.
Why you need finance to save money
Equipment vendors may offer finance arrangements to support their sales.
Their rates can look tempting, but at Rangewell we have found that arranging your own finance with a specialist lender can be more cost-effective, reducing costs even compared with dealers’ ‘interest-free’ offers. Call us to see how.
A wide choice of Asset Funding solutions
Asset Funding covers both Hire Purchase and Lease Arrangements.
Hire Purchase lets you spread the cost of buying the equipment you will use for the long term. Arrangements generally last between 12 and 72 months and need you to pay a deposit plus fixed monthly instalments for the agreed term, after which the assets become yours.
Finance Leases let you spread the cost of equipment across its entire working life. Maintenance, repairs, running costs, administration, and registration will usually be your responsibility.
Operating Leases also exist and work much like a rental agreement. You pay a monthly rental charge to use the asset, while its maintenance is the owner’s responsibility. This type of finance can be best suited for equipment which will have a limited life.
Contract Hire is often used for business vehicles. Payments are calculated on the purchase value less the estimated value of the vehicle at the end of the agreement. This helps keep your monthly repayments down and lets you switch to a new vehicle at the end of the agreement.
Making existing payments easier
If an existing asset finance arrangement is causing problems, or if you want to redirect cash elsewhere in your business, we may be able to help you refinance it. A lender will pay off what you owe under your original agreement and set up a new finance arrangement.
This can mean reduced repayments, spread out over a longer term, or provide you with a cash lump sum as well as a new finance agreement.
Why you need Rangewell for Asset Finance
At Rangewell, we work across the entire lending industry, while our finance experts have personal experience in the needs of different business sectors.
Their expertise works for you. Our team knows the lenders who understand forestry and who can offer the most competitive rates for all types of Asset Finance solutions.
We put this knowledge to work for you, finding the most competitive equipment finance you need, from chainsaws to tractors.
Call us to cut your costs
Coming to Rangewell means getting finance experts working to help you find you the most competitive funding for all your equipment needs.
That means cutting the cost of building and running your business.
Simply call us to discuss your needs.
REAL EXAMPLES OF WHAT WE CAN DO
Find the most competitive funding to allow a new operator to set up
Help an established operator use asset funding to equip for a major new contract
Source a lease arrangement to build a road haulage arm for a forestry operation
Find the most competitive finance for a landowner with a neglected forest to manage
Help an established restaurant to arrange a single HP deal for a logger, skidder, forwarder and tractor
Discover our range of finances
Every type of finance for every type of business
Our goal is very simple - to help businesses find the right type of finance as quickly, transparently and painlessly as possible.
Helping you build your profits
Repayments scaled to fit your operating budgetAsset finance can be arranged to help your repayments fit your monthly budget. You may not even need a deposit with some types of finance.
Reduce capital needs by spreading repaymentAsset finance avoids the need for large capital expenditure, even for major equipment. Instead, spreads the cost of your vehicles and equipment over months or years.
Funding for your growing businessAsset finance can work at any scale, from a single chainsaw to a specialist heavy vehicle. You can have additional equipment as you need it to grow your business.
Reducing the risk to your businessSome type of funding can put your business assets, or even your home at risk. Asset funding lets you avoid this risk. If the repayments became a problem, the lender could simply repossess the equipment.
A single arrangement can cover all your equipment needsAsset funding can cover virtually any type of equipment used in your forestry business, including vehicles as well as processing plant. A single arrangement can cover items from multiple suppliers.
Better than 0% financeSome forestry equipment dealers may offer 0% finance deals on their vehicles and equipment. Call Rangewell to understand how we can help you pay less than these ‘interest-free’ deals.
Download Rangewell’s free and detailed guide to Financing Your Forestry Equipment
What is Asset Finance - and how it gives you a business advantage
What are the types of Asset Finance - which do you need?
Why not all providers are equal - finding the one that’s right for you
How we can help you pay less than 0%
The downsides to Asset Finance - and how to avoid them
How to arrange Asset Finance - What paperwork do you need?
Key terms explained