Jungheinrich Finance Ltd. is a captive finance company wholly owned by Jungheinrich AG, a leading global provider of intralogistics solutions. Its primary purpose is to facilitate the sale and rental of Jungheinrich forklifts, warehouse equipment, and related services to customers worldwide.
Established to address the specific financing needs of Jungheinrich customers, the company offers a comprehensive range of financial solutions designed to support investment in materials handling equipment. These solutions typically include:
- Leasing: Providing flexible leasing options that allow customers to utilize Jungheinrich equipment without the upfront capital expenditure of purchasing. Various lease structures are offered, including operating leases and finance leases, tailored to meet different accounting and operational requirements.
- Hire Purchase: Enabling customers to acquire ownership of the equipment over a predetermined period through installment payments. This option is suitable for businesses seeking to build equity in their assets.
- Rental: Offering short-term or long-term rental agreements for customers requiring temporary or flexible access to Jungheinrich equipment. Rental solutions provide convenience and cost-effectiveness for seasonal demands or short-term projects.
- Loans: Supplying direct loan financing to support the purchase of Jungheinrich equipment. This option allows customers to own their equipment outright while spreading the cost over an agreed-upon repayment schedule.
- Service Agreements: Bundling maintenance and service packages into financing agreements, ensuring that equipment remains in optimal operating condition throughout its lifespan. This reduces downtime and unexpected repair costs for customers.
Jungheinrich Finance Ltd. operates globally, supporting the Jungheinrich sales network in various regions. The company leverages its in-depth understanding of the materials handling industry to offer financing solutions that are competitive and aligned with the specific needs of its customers. This specialized knowledge allows them to assess risk accurately and provide tailored financial packages that are not always available from traditional financial institutions.
By providing accessible and flexible financing options, Jungheinrich Finance Ltd. plays a crucial role in driving sales and fostering customer loyalty for Jungheinrich AG. It allows customers, particularly small and medium-sized enterprises, to invest in modern, efficient intralogistics solutions that improve productivity and reduce operational costs, regardless of their immediate capital constraints.
The company’s success is underpinned by its close integration with Jungheinrich AG, enabling it to offer streamlined processes, competitive rates, and a deep understanding of the equipment and service offerings. This synergy ensures that customers receive a comprehensive solution that encompasses both the physical equipment and the financial support needed to make it accessible and affordable.
In essence, Jungheinrich Finance Ltd. is a key enabler of growth and efficiency for businesses across various industries by facilitating access to cutting-edge materials handling technology through tailored and competitive financing solutions.