As in all industries, businesses and contractors operating in the forestry industry require cost-effective equipment finance in order to achieve productivity and profitability. But additional considerations for this sector may include having the latest equipment to ensure safe operations in even the most challenging terrain and the ease of securing finance. When you spend most of your working time on site and possibly in areas where connectivity is limited, making and waiting for those calls to/from the bank re your loans can be a major challenge.
Jade Equipment Finance understands and fully appreciates these issues and provides a service which facilities ease of organising finance and cheap loans to secure the equipment you require to handle the jobs you need to tackle.
New Equipment Showcase – John Deere 6 Wheel Skidder
If you’re after a skidder with the features to more safely tackle steep, sloping and wet ground conditions, the new John Deere 768L-II bogie skidder could be for you. According to industry media reports this is a new addition to Deere’s range of equipment for the forestry industry and provides features to deliver improved productivity when operating in conditions that may be challenging.
This skidder has a long wheelbase, six wheels and componentry in the axles to provide both stability and durability along with a new design for the arch. The company claims that the heavy-duty axles have been specifically built to provide stable operation for applications in tough conditions and to reduce fatigue for operators. The company claims that the 768L-II has better tractive capability and other aspects which make this machine able to work in the wet type terrains which could not be easily accessed with a 4 wheel machine. A benefit which they see as extending an operator’s working window to expand their calendar or operations. Quotes in industry media from operators who have used this new machine attest to being able to carry double the loan in wet and steep terrain with less disturbance to the ground.
No doubt John Deere will be exhibiting at some of the equipment field days and shows through 2021 which may give you the opportunity to see the new 768L bogie skidder in action. Work also has it that software for the forestry industry is will also soon be released by John Deere.
While this new John Deere machine and many other great machines available for forestry operators are designed to deliver improved productivity in operating, if you acquire a machine with an ‘over the odds’ finance package that productivity may be quickly diluted.
Jade Equipment Finance specialises in consistent delivery of cost-effective equipment finance because we focus on achieving that all-important cheap interest rate across our equipment loan portfolio. The interest rate in conjunction with a flexible finance term determines the true cost-effectiveness of equipment finance as reflected in the repayments.
Business owners first need to select which particular finance option is suited for their operation:
Jade offers the full range of equipment finance products for you to select from:-
- Equipment Leasing (Finance Lease)
- Chattel Mortgage (Equipment Loan)
- Commercial Hire Purchase (Hire Purchase)
All commercial finance facilities are structured to deliver a tax benefit to businesses which is derived in differing ways. It is strongly recommended to consult with your accountant on the selection of equipment finance products.
Enabling Easy Access to Lending Services
From our experience working with customers in the forestry industry, one of the impediments to easily securing finance we see is the way in which forestry workers operate. When you are operating in forest environments, not always remote but often with poor phone reception it can no doubt be difficult to engage in the extensive phone or email exchanges with the bank. And forestry operators usually operating long days with little time at the end of a day to engage in finance sourcing.
Difficulty in accessing the right channels or even connecting with the right people to source finance quotes can be seen in some instances as adding to the cost of your loan. If you have to take time off, unpaid, from your work, purely to source finance quotes and make all the necessary arrangements, then that cost of the income lost should be included as a cost of that finance deal.
Jade fully understands that whole scenario and offers a business model that facilitates ease of access to the right channels to deliver cheap equipment finance.
For starters, we provide you with a raft of DIY resources which you can access in your time. Our Interest Rate Comparison allows you to compare interest rates on different types of loans. Our Equipment Loan Calculator allows you to work up repayments estimates on different makes and models, again, in your own time.
When it comes to the big dance, actually sourcing a finance deal, your Jade consultant handles the entire process for you. You can make the initial contact via phone, email or via our online forms. Equipped with your details and brief, your consultant proceeds to source your finance quote and on acceptance, handles the paperwork and settlement. All while you are getting on with your job, in whatever location that may be.
We save you on the costs of finance with our cheap interest rates and we save you having to forego deriving an income simply to source your finance. If you operate in the forestry industry, need to secure new machinery such as the Deere 6 wheel skidder and need finance, a quick call or email to Jade will get the process underway.
For a finance quote on forestry equipment contact Jade Equipment Finance on 1300 000 003 or online
DISCLAIMER: PLEASE NOTE THAT THIS INFORMATION IS PROVIDED PURELY AS A GENERAL INFORMATIVE ARTICLE AND IS NOT INTENDED AS A SINGLE SOURCE FOR MAKING FINANCIAL DECISIONS. THOSE THAT CONSIDER THEY REQUIRE ADVICE IN REGARD TO THEIR FINANCIAL SITUATION ARE ADVISED TO REFER TO A FINANCIAL ADVISOR. NO LIABILITY IS ACCEPTED FOR ERRORS OR MISINTERPRETATIONS IN THE DATA, FIGURES, DETAIL AND OTHER INFORMATION AS SOURCED FROM OTHER SOURCES.