Finance

The Equipment You Need.
 

Want to grow your business… 
It’s impossible to realize your goals without investing in your business. However, have you noticed that the banks seem to have their own agenda?

Good news — we’re here to help!
If your business is poised for growth, one thing’s clear — you’re going to want to have access to funds, as well as the right advice to help you grow. You’ll need flexible, finance packages that are tailor–made to your business.

We know you. We know your business — and — we know the nature of the Hire and Rental industry.

Terex Financial Services offers financial funding so you can free up your cash flow and grow your fleet. We offer finance on the entire Genie® range that is specific to your individual, business needs. No fuss; and quick turn-around times.

  • Adam Phillips
    Country Manager
    Australia, Terex
    Financial Services
    +61 (0) 448 110 430

Preparing Your Finance Application - Tips



  1. TRANSPARENCY AND HONESTY
    Be completely transparent about your financial results and your current business situation. There is more credibility with banks and finance companies when customers honestly and pro-actively discuss their business challenges, opportunities and concerns.
  2. TIMELY FINANCIAL REPORTING
    Put an emphasis on producing monthly results. Producing timely financial statements helps business managers and owners run their businesses. You should feel you are doing it for yourself, not for the banks and finance companies.
  3. GET INTO THE DETAIL
    Be prepared to justify why you need to acquire new equipment. Producing detailed rental utilisation reports, maintenance expense trends, fleet replacement and fleet expansion plans all build a level of credibility.
  4. PLANNING AND FORECASTING
    Produce forecasts and budgets and measure against actual performance. Dealing with facts rather than anecdotes build credibility, consistency and drives smart business decisions. Developing forecasting and planning capabilities can align an organisation around common goals.
  5. BE CLEAR, BUT FLEXIBLE
    Be clear with your expectations regarding financing, but be open-minded to alternatives. Discussing expectations early in the process will lead to a more timely financing solution. We are still in an environment where capital is a scarce resource, so be open-minded to alternatives.

Terms and conditions apply. Finance offered exclusively through Terex Financial Services for equipment purchased from Terex Australia Pty Ltd for Genie branded equipment. Rates and terms are subject to change and all transactions are subject to credit approval and completion of satisfactory documentation. Genie is a registered trademark of Terex South Dakota, Inc. © 2012 Terex Corporation.