Buying a forklift is not always the easiest move for a business, especially when cash flow matters and equipment needs can change quickly. For many Australian businesses, the smarter choice is not simply whether to buy, but how to fund the machine.
That is where finance becomes important. The right finance structure can reduce upfront pressure, preserve working capital and give your business access to the equipment it needs without tying up money that could be used elsewhere.
Finance Made Easy
myFinance is myForklift™’s in-house finance solution, designed to make it easier for Australian businesses to get the forklift they need without the stress of a large upfront payment. Whether you are looking to rent, lease or purchase, myFinance gives you flexible options that can suit different budgets, cash flow requirements and long-term business goals.
Why myFinance?
myFinance gives you more flexibility and a faster approval process. Instead of dealing with several different banks and entities, you'll directly deal with the myForklift™'s experienced sales and finance team for a smooth process from start to finish.
Rent to Own
Rent to own is a popular option for businesses that want flexibility with a pathway to ownership. It allows you to use the forklift while making regular payments, with the ability to transition into ownership later on.
Chattel Mortgage
A chattel mortgage is a straightforward finance option for businesses that want to own their forklift from day one while spreading the cost over time. It is a common choice for Australian businesses that want control over the asset without making the full upfront payment.
Fully-Maintained Operating Lease
A fully-maintained operating lease is designed for businesses that want access to reliable equipment without taking on the burden of ownership, day-to-day maintenance, or repairs. This is especially appealing for operators who want predictable costs and minimal downtime.
What Is the Best Option?
The best finance option depends on how your business works! If flexibility is the priority, rent to own may be the right fit. If ownership from day one matters most, a chattel mortgage may make more sense. If predictable servicing and lower admin are key, a fully-maintained operating lease could be the better choice.
Ready to get your next forklift working for your business sooner? Speak with our sales team today to explore myFinance and secure the right finance solution for your operation: