Capital Equipment News April 2024

truck rather than owning it. “We identified this need as many Small to Medium businesses would not qualify for traditional finance based on evaluating their assets and liabilities. EasyGO focuses on the business’s revenue streams and contracts rather than its assets and liabilities,” says Uren. The financial benefit of EasyGO contracts is that it is an off-balance sheet. “EasyGO is a straightforward profit and loss statement expense. This has multiple advantages such as a lower debt burden as the vehicle is rented, not owned. This allows the business to use its credit elsewhere to grow the business,” adds Uren Under EasyGo, three Ready To Work Isuzu commercial vehicles are available, each with truck-body options. EasyGO members have versatile fleet options to drive an NPR 400, NQR 500, and FTR 850 to optimise productivity. “The Ready To Work truck programme provides an off-the-shelf pre-built truck solution. The time saved because the vehicle does not have to go to a bodybuilder can be anything from 60 to 180 days, depending on the configuration. This allows a business to generate revenue almost immediately—a key win in trucking. The Isuzu Finance EasyGO process is a streamlined approval mechanism that fast tracks applications. Once the go-ahead is given, the business can immediately order their desired truck and truck body. “Businesses that fulfil the EasyGO credit application process may rent several trucks simultaneously, as well,” adds Uren. The same benefits EasyGO trucks come with a suite of aftersales benefits, including a warranty, optional service or maintenance plans and roadside assistance. “For our truck Customers, service schedules are variable based on each customer’s needs and form part of our Variable Warranty and Service offerings,” says Uren. Depending on the nature of the contracts, including duration, customers can choose a rental period that corresponds with the contract period, with a minimum of 36 months and a maximum of 60 months. commitment to customers. “We don’t only sell the trucks; we offer solutions that grow business’ bottom lines based on arguably the widest selection of trucks in the marketplace.” Cost of Ownership figures for Isuzu truck owners are among the industry’s lowest, which adds to the appeal of Isuzu’s EasyGO and Ready To Work truck offers. b Uren mentions that the success of Isuzu trucks locally has been a

EasyGO is a straightforward profit and loss statement expense. This has multiple advantages such as a lower debt burden as the vehicle is rented, not owned. This allows the business to use its credit elsewhere to grow the business.

Craig Uren, Isuzu Senior Vice President of SACU Revenue Generation

TALKING POINT

The Isuzu NQR 500 Bread Truck, another EasyGO option.

Isuzu Motors South Africa facilitates easier commercial vehicle acquisition for small businesses through its Ready To Work line-up, offering rental agreements off the balance sheet.

The EasyGO rental truck programme, in partnership with Isuzu Finance, allows small businesses to pay a monthly rental based on the selected truck, application, and rental period.

EasyGO offers a streamlined approval process focusing on the business’s revenue streams and contracts, allowing companies to use credit elsewhere to grow.

Isuzu is the first OEM in South Africa to provide an off-balance sheet solution for customers renting trucks, allowing businesses to generate revenue almost immediately.

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