At Formidable Forklifts, we often get asked whether or not it is a good idea to buy a new forklift. Many business owners do not realise that buying a brand new forklift is not their only option and that the investment they make can be long term or temporary.

For those looking to get started in a business that needs a forklift to carry out the day-to-day activities, it is difficult to make big decisions, like buy a used forklift or buy new.

By purchasing a second hand forklift or renting-to-own a forklift, businesses can still take advantage of current market opportunities without having to put up a large initial investment. This is especially useful for businesses looking to take the first steps to expansion without taking too large a risk.

At Formidable Forklifts, we have helped a large number of businesses in Australia get started with their first (and next) forklifts by offering them an opportunity to Rent to Own a forklift, to keep your options open. 

Rent to Own options that suit your business are 100% tax deductible and is available for all of our used stock. Being tax deductible, payments occur outside your official balance sheet, allowing buyers to free up their working capital while protecting their borrowing capacity.

With many financing options allowing clients to cope with a variety of financial situations, it’s great to be able to help out so many businesses grow their business and take the next step. So the next time you think about pushing your business that one rank higher or expanding just that little bit further, remember that you can forego the anxiety and enjoy peace of mind with Formidable Forklifts flexible and accommodating finance options instead.