ORIX NZ is helping businesses hit the ground running with special excavation trucks, company fleets, trailers, forklifts and other heavy equipment.
It offers leasing and finance options for a large range of products and services which then sees a reduction in costs, risk and administration.
ORIX national commercial manager Andrew Griffin says the company is well positioned to offer great deals for its customers.
“Being one of the largest non-bank finance companies in the world, ORIX is able to offer competitive and flexiblefunding solutions.
“ORIX constantly strives to deliver customer excellence through on line portals, apps and communication with its clients.
We ensure we are up to date with new technological advancements that the manufacturers bring to market, making our customers fully aware of the benefits,” he says.
Financing and leasing can start with a customer choosing the manufacturer, the model and specs they are after and then ORIX can follow up on the purchase.
Business needs are met with a tailored operating or finance lease.
With an operating lease,it’s “most straight forward and popular option”, customers are renting the asset and making monthly payments.
At the end of the agreement, equipment is handed back and all outstanding payments are consolidated.
Benefits of leasing include things such as fixed monthly costs, simple budgeting and reporting, no tied up capital in assets and reviews every six months.
With a finance lease, ORIX retains ownership of the asset until the final lease payment has been made.
It can be tailored to suit finances, with variable monthly payments and final balloon settlements.
With the finance lease option, businesses are responsible for disposing of the vehicle or asset.
Options include extending the lease, disposing of or purchasing the asset, or starting a new lease contract.
Customers also take the risk on the vehicle’s future value, but make lower monthly payments in return.
Benefits of finance include fixed interest rates, negotiable contracts, choice of deposit size, tax deductible interest and depreciation and payments that can be designed around seasonal cashflow.
All these options also come with “extensive experience in leasing and financing trucks and trailers”,
Griffin says.
“We can also offer fleet management and telematics packages, backed up by a sophisticated maintenance team with industry expertise and know how.
We will lease both new and used trucks and trailers of all makes, sizes and specification.”
One example of how ORIX is helping customers is its recent partnership with Alliance Services, which has put a special excavation truck to work using vacuum technology.
The air vac is a specialist Scania truck built by excavation manufacturer RSP in Germany.
However, the Scania truck and Air Vac don’t come cheap and ORIX NZ played a big role in helping finance the equipment for Alliance as it focuses on its rapidly growing business.
ORIX offered Alliance a range of solutions to accommodate the changing needs of its business and it continues to provide options that allow for continued growth and investment.
