Capital Equipment News December 2024 - January 2025
TALKING POINT
“Our dedicated personnel focus solely on construction and mining machinery finance, ensuring personalised structures that meet customer needs.”
Pieter Pienaar, John Deere Financial Credit Sales & Marketing.
TALKING POINT
“We’ve revolutionised financing through our digital platform, which streamlines credit assessments and document signing. This reduces turnaround times and offers greater transparency.”
Mpho Nkhumeleni, Department Executive: CV Sales (Isuzu Finance).
elaborated: “Customers can opt to retain, return, or replace their truck at the end of the term. GFV ensures flexibility and helps customers manage cash flow effectively.” Moreover, HFS’ bundled solutions, which integrate value-added services like maintenance plans, simplify fleet management for businesses. Isuzu Finance, as explained by Mpho Nkhumeleni, Department Executive: CV Sales, takes a relationship-driven approach. “We’ve revolutionised financing through our digital platform, which streamlines credit assessments and document signing. This reduces turnaround times and offers greater transparency,” Nkhumeleni explained. Their Vehicle Ecosystem includes services like insurance, maintenance plans, and licence renewals, providing holistic support. John Deere Financial also offers unique solutions for construction & mine equipment financing. Pieter Pienaar, John Deere Financial Credit Sales & Marketing, highlighted: “We understand
the complexities of the construction and mining industries and provide flexible instalment loans and deferred payment options to support businesses during project initiation phases.” Supporting mining ventures: Flexible financing for capital-intensive investments Mining equipment requires significant capital investment, and companies like John Deere Financial and Babcock are easing this burden with tailored solutions. Pieter Pienaar, John Deere Financial Credit Sales & Marketing, pointed out
their specialised services: “Our dedicated personnel focus solely on construction and mining machinery finance, ensuring personalised structures that meet customer needs.” John Deere’s Rental for Purchase Program (RPO) allows businesses to rent equipment initially, building cash flow while financing the unit at a reduced price later. “This programme is designed to support cash flow during new projects and offers peace of mind with deferred payment options,” said Pienaar. Babcock, another industry leader, offers financing structures that align with
CAPITAL EQUIPMENT NEWS DEC '24 - JAN 2025 25
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