Contract Hire is a popular method of acquiring the use of assets without the need for substantial capital outlay. For a single monthly payment which covers financing, maintenance and repair, the customer can outsource the management of their fleet to the experts at Rushlift. Contracts vary in length but are typically for five years. Monthly payments are allowable as an operating expense making contract hire a tax efficient method of operation, as well as improving a company’s cash flow.
Rushlift’s approach to the contract hire of materials handling and other equipment is unique in the industry. As an independent company that is not reliant on one manufacturer to source its equipment, Rushlift is able to advise the customer on the most suitable and cost effective equipment for their application.
Rushlift’s contract hire customers have access to its unique web based Fleet Management System (FMS), allowing them to monitor performance and utilisation along with the ability to report breakdowns 24/7. FMS can provide customers with customised Key Performance Indicators and give access to Account details and the ability to log accounts queries.
Coupled with Rushlift’s approach to Account and Fleet management, contract hire provides a cost effective outsourced solution for industrial equipment.