Comparison of forklift installment payment finance lease

1. Different entities provide credit to users

The installment payment method is that the supplier directly provides commercial credit to the forklift users, and the financial leasing method is that the financial leasing company provides commercial credit to the forklift users.

2. The time for full payment collection of the supplier's equipment is different

An ordinary forklift costs tens of thousands, and an electric forklift and a large tonnage may cost hundreds of thousands. The supplier has limited capital capacity for credit. In order not to affect the production and operation of the enterprise, the equipment collection time of installment payment is usually set within one year.

3. The down payment amount paid by the user is different

In the case of installment payment, the down payment is usually more than 50%, and the down payment pressure is relatively large. The start-up capital of financial leasing equipment is usually only about 2 layers.

4. The payment time of users is different

The total payment method of installment payment is two to three times, and the time is one year. The term of finance lease is generally 2 to 4 years.

5. Different risks undertaken by suppliers

In the installment payment method, the supplier shall bear the credit risk of the user's failure to pay the goods on time. In the risk leasing method, the supplier shall transfer the credit risk to the financing company, and the financing company shall bear the risk.