Yellowgate Group’s Rent Now, Buy Later solution continues to change the way construction and earthmoving companies do business around the country
Yellowgate’s equipment rental offer enables businesses to rent the gear they need today, with the flexibility of ownership options in the future. So it’s understandable why it has more than 500 pieces of machinery operating out on site around Australia.
Hydraulic excavators and tippers are the most popular assets, but you’ll also find wheel loaders, motor graders, scrapers, crawler dozers, mobile crushers and screeners, plus everything else in between, being put to work by its customers.
These customers can be found across Australia, and across a range of industries, including mining in the Pilbara region of Western Australia, quarrying in Central New South Wales, and on telecommunications projects in Tasmania.
In the past year, we have brought to you several success stories involving satisfied customers: from a mining equipment hire company starting from scratch and a brick manufacturer wanting to source an electric wheel loader, to a heritage listed sandstone quarry that aimed to acquire the excavator it crucially needed on site and a civil contractor in the construction industry that Yellowgate helped obtain essential trucks and machinery.
All these businesses played it smart, and chose Yellowgate’s Rent Now, Buy Later solution to set them on the path to future asset ownership.
The program in detail
The Rent Now, Buy Later solution is an alternative pathway to asset ownership. It is a flexible, 12-month rental that makes access to heavy machinery quick and easy.
Asset procurement is both fast and simple:
1. You source the equipment you need, or Yellowgate can source it for you
2. You apply for a 12 month Rent Now, Buy Later rental agreement
3. Once approval is given – in some cases within 24 hours – you sign your 12-month rental agreement and pay your upfronts
4. You take delivery of your new asset, or Yellowgate can organise mobilisation regardless of where you’re located or where it needs to be
At the end of your rental period, you can:
• continue renting month to month or re-contract at a discounted rate
• purchase at a reduced rate and receive a rental rebate towards ownership
• return the equipment with no further obligation.
The Yellowgate difference
Yellowgate managing director Chris McRae explains what makes the company unique.
“We know there are products out there similar to what Yellowgate offers,” he says.
“But where we’re a little bit different – and where we know we’re more effective – is in understanding what our customers are going through, understanding what their projects look like and how they work, and also the kinds of challenges they might run into over the life of those projects.
“Yellowgate distinguishes itself by going the extra mile to be in tune with its end users and their place in the broader industry.”
McRae says Yellowgate’s customer base is as diverse as the projects they deliver – from Tier 1 contractors to sole owner operators.
“One of our clients is one of the largest Indigenous employers in the country, and then we also work with one of the biggest mining companies in the country,” he says.
“We know we have a product that makes sense for the country’s top construction companies, but we’ve also got plenty to offer family businesses who need a hand with their first or additional piece of machinery.”
Yellowgate’s service is also supported by a network of contacts across the top OEMs, as well as some of the larger used machinery dealers.
“Our Rent Now, Buy Later model offers a level of flexibility that dry hire doesn’t,” McRae says.
“We ask for a 12-month commitment, after which you’ve got choices: you can continue renting the gear, you can buy the gear out, or you can hand the gear back.”
McRae says this can be a saving grace for the industries the company services in an unpredictable economy; particularly when work dries up unexpectedly, or a client’s equipment needs change suddenly.
With Yellowgate, there’s never been a better time to take ownership of your future and your equipment.
Contact the team today to secure the equipment needed for your business’ growth and long-term success. Web: yellowgategroup.com.au; email: apply@ygg.com.au; T: 1300 601 432
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