JLG Financial Solutions meets growing demand for finance

JLG Financial Solutions meets growing demand for finance

JLG, the leading global manufacturer of mobile elevating work platforms and telescopic material handlers, is challenging UK companies to rethink how they acquire new equipment as they start to update and expand their fleets following the Covid pandemic.

In response to a rising demand for financing, JLG Financial Solutions offers a variety of options to suit a broad range of customers, from international and national businesses to smaller, independent family-run firms.

Companies acquiring JLG aerial work platforms, vertical lifts and low level access equipment can take advantage of conventional options, such as hire purchase, lease purchase, operating lease and contract hire, as well as customer-guaranteed buy-back and further unique concepts to be revealed later this year. “Demand for financing is growing,” says Jason Beacock, JLG’s UK-based Director Financing and Asset Management EMEAIR.

“The majority of our customers are rental companies, and they need fast, flexible and competitive financing facilities – and that’s what we do. We can offer simple, straightforward options, or more bespoke deals, including holiday periods and low rates. We tailor the solution to the individual customer’s needs.”

The manufacturer’s specialist finance team works closely with a panel of global, pan-European and national funders, creating strong partnerships and agreements that ultimately benefit its customers. JLG also understands the challenges its customers may face, such as managing cash flow and growing the balance sheet, in conjunction with their ambitions to build the rental fleet. 

“It’s about having empathy towards our customers and creating innovative solutions that help them to achieve their goals,” says Jason, who has extensive experience in the finance industry and the aerial work platforms market.

For several UK customers, JLG’s financing capability and their relationship with Jason are significant factors in their decision to invest in JLG equipment. “We understand the dynamics of a highly competitive market and will continue to support our customers in meeting their goals,” says Jason.

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