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Yale Materials Handling Corporation Unveils Problem-Solving Lease Program

Tuesday, September 11, 2012

Yale Materials Handling Corporation is giving fork lift customers a new custom leasing solution to better align with their business needs by allowing them to only pay for the hours the equipment is in use. The Power Advantage program allows customers to tailor a lease and enjoy a “pay-per-hour”-based finance solution with flexible end-of-term options.

“Power Advantage is a leasing solution unlike any other that provides customers with a program specific to their business needs,” said Tina Goodwin, Director of Financial Services for Yale. “Customers choose the lifetime based on total hours and time period needed for the use of the truck, which allows them to match expenses to operational cycles and minimize financial pressures. Power Advantage is a simple leasing program from start to finish.”

Power Advantage is ideal for seasonal or mixed-use operations looking to pay for actual usage only, locking in a per-hour rate at the lease outset and avoiding overtime charges.

With the flexible end-of-term options, if a truck reaches the end of the contract term length first, the customer can return the truck or continue using the truck at the original hour lease rate until the total hour usage is met. If the truck hits the total hour usage first, the customer can return the truck or can extend to the full contract term at 50 percent of the original hour lease rate.

For more details on Power Advantage, visit the Yale website or contact a local Yale® lift truck dealer.

About Yale Materials Handling Corporation
Yale Materials Handling Corporation markets a full line of materials handling lift truck products and services, including electric, gas, LP-gas and diesel powered lift trucks; narrow aisle, very narrow aisle and motorized hand trucks. Yale has a comprehensive service offering including Fleet Management, Yale service, parts, financing and training. Its Berea, Ky., manufacturing facility was honored with Plant Engineering’s prestigious 2011 Top Plant Award. Yale trucks are manufactured in an ISO 9001:2008 registered facility and range in capacity from 2,000 to 36,000 lbs. For more information, or to find the Yale® lift truck dealer nearest you, call 1-800-233-YALE or visit www.yale.com.

Yale Materials Handling Corporation is part of NACCO Materials Handling Group, Inc. (NMHG), which employs approximately 5,300 people worldwide. NMHG is headquartered in Cleveland, Ohio, and is a wholly owned subsidiary of NACCO Industries, Inc. (NYSE:NC).

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