Forklifts and fine print

Published in Modern Materials Handling

By Josh Bond, Senior Editor
Technology and telemetry are driving more precise fleet acquisition practices.

If they haven’t already, it’s time for small and medium-sized businesses to take a hard look at how they acquire forklift fleets. Finance partners have responded to customer demands for more nuanced and cost-effective options.

“It’s important to always try to be as educated as you can because there are certainly some ‘gotchas’ in leasing that have rubbed people the wrong way,” says Chris Lewis, senior manager for Summit Funding Group. “Larger companies know all those details before they sign on the dotted line, so it’s more critical to middle market operators out there.”