Business Feature, Earthmoving Industry Insight, Machinery News

Access the machinery you need with Yellowgate Group’s Rent Now, Buy Later solution

The job’s been awarded, the crew are lined up and the project’s ready to start, but if you can’t access the right equipment in time, the project is stalled before you’ve even started – avoid these delays with Yellowgate

Across civil, earthmoving, quarrying, construction and mining, many businesses are facing the same challenge – the work is there, the opportunity is there, but getting the equipment in place isn’t always as straightforward.

Buying outright can tie up capital, traditional finance can take time, and long-term dry hire costs can start to stack up.

Yellowgate Group’s Rent Now, Buy Later solution gives businesses another way forward.

Fast access, future ownership

Yellowgate’s Rent to Own model is simple. Businesses can either source the equipment they need, or Yellowgate can source through its supplier network.

Yellowgate purchases the equipment, then rents it to the customer for the agreed term. Unlike traditional finance pathways, equipment can be working on site within days, while capital is kept free for other priorities.

For a similar cost to dry hire, and with the same tax advantages, businesses can get the gear working now with a clear pathway to ownership in the future, when it suits.

From smaller equipment for construction projects to larger gear for mine sites, Yellowgate can source and deliver to
your specifications with their off-balance sheet solution. Image: Yellowgate

A smarter solution

Rent to Own is designed for those that need equipment now, but don’t want to commit capital upfront.

During the rental term, the equipment is owned by Yellowgate and rented on a dry-hire style rental agreement.

At the end of the rental term, the customer has options – purchase the equipment, continue renting month-to-month, recontract, or return the asset.

If they choose to purchase, Yellowgate applies a portion of the rental payments as a rebate off the cost to buy.

That means the customer’s rental spend isn’t simply disappearing as an operating expense.

  • Subscribe to our free weekly newsletter to receive the latest news in the earthmoving industry
  • Never miss a great deal and subscribe to our monthly magazine
  • Download a free copy of our latest digital magazine to catch up on the biggest news and developments in the earthmoving industry

It can support a future ownership outcome, while still giving maximum flexibility during the rental period.

For contractors using equipment every day across longer projects or an ongoing pipeline of work, it can be a smarter structure over long-term dry hire.

Yellowgate’s off-balance sheet equipment solution provides fast access for businesses whose equipment needs are growing faster than their access to capital.

Whether it’s fleet expansion for a new project, managing a rolling pipeline of works, preserving capital, or needing equipment before the next purchasing window opens, Yellowgate can help.

From tipper trucks to directional drills, power generation and site vehicles, you choose the equipment, Yellowgate powers your access to it.

Gear for serious growth

If you think Rent to Own is restricted to small gear or low-value assets, think again.

Yellowgate works with businesses needing a range of new or used equipment, from individual machines to larger fleets.

Whether it’s a $50,000 excavator or a multi-million-dollar fleet package, the focus is the same – helping businesses access the equipment they need to keep moving.

That makes the model relevant for contractors taking on larger projects, adding capability or responding quickly to project demand.

Instead of waiting for the perfect balance sheet moment, businesses can get the gear working now and make an ownership decision later.

A brand new Cat 637 scraper fully dressed for site, ready to be delivered to a large mining operation in Far North Queensland. Image: Yellowgate

The bottom line

Downtime is expensive, if machine access is delayed, crews can be held up, deadlines can slip and other equipment can lay idle while the job waits for that critical piece of plant to arrive, which significantly impacts your bottom line.

For businesses looking to expand their fleet, the right structure can make all the difference. Buying outright, waiting on traditional finance or relying on long-term dry hire aren’t the only ways to get more gear on site.

Yellowgate’s Rent to Own solution gives Australian businesses a fast and practical way to access the equipment they need now, while keeping future ownership open, because when the job’s ready, the right gear shouldn’t be the thing holding you back.

To learn more about Yellowgate’s Rent Now, Buy Later solution, visit yellowgategroup.com.au or call 1300 225 594.

 

Send this to a friend