Blog

Why Toyota Industries Commercial Finance?

Financing your forklift?

Let Toyota Industries Commercial Finance Become Your Forklift Financial Partner!

Toyota’s finance company offers a variety of loan and lease products and programs to help get you the equipment you need at an exceptional value.  And no one understands forklift equipment financing like “TICF”, which allows them to deliver you the best options and rates!

Flexible Financing Options…

A RETAIL INSTALLMENT LOAN, the “traditional” financing of the purchase of equipment, is the perfect alternative to paying cash, while allowing full responsibility of ownership.

A CLOSED-END “OPERATING” LEASE allows you the right to use the equipment typically without the full cost of ownership.  (In addition to other amounts, lease payments take into account an end-of-term residual value, which help reduce the monthly payment).  It also offers you cash management flexibility in the structuring of lease payments, and… lease payments may be deductible for federal income tax purposes.

A CAPITAL LEASE (Bargain or $1.00 Purchase Option) is a lease with characteristics of a purchase agreement, typically providing for a purchase option at nominal or below-market price or providing a very minimal residual (also known as a Conditional Sales Lease).  It’s an alternative to paying cash and to a Retail Installment contract, while providing the ability to purchase the equipment at the end of the lease for a nominal amount.

Toyota Industries Commercial Finance (TICF) makes it easy and affordable to get the right equipment for the job!

Whether you need an internal combustion forklift, an electric forklift or a narrow aisle solution for your warehouse, Toyota Nationwide Lift Truck’s financial experts and TICF can help. Let us develop a program for you, so you can focus on your operations – not on financing!

ADVANTAGES OF LEASING

Maximize Equipment Use – Leasing enables the customer to maximize the use of their equipment typically without paying for the full cost of ownership.  Fixed leasing terms and payments give the customer the ability to forecast fleet replacement cycles.  At lease termination, customers can return the equipment and replace with new equipment.  There is no need to worry about selling the equipment or negotiating trade-in values.

Cash Management – Generally leases allow for little or no money due at lease signing as compared to financing the equipment through a retail agreement.  Monthly lease payments will typically be lower than if the equipment are financed.

Capital Budget Constraints – Leases may allow customers an alternative to capital budget investments to obtain additional equipment.

Flexibility and Convenience – Leasing is a very flexible and convenient method of acquiring the “use” of equipment to meet the ever changing needs of the customer’s business.  Depending on the lease agreement, various options to purchase or renew for an additional term at the end of the contract give the customer the flexibility to customize the lease structure to meet their needs.  If the customer’s business needs change, the customer may arrange to return the equipment at the end of the lease or has the option to purchase.

Tax Benefits

Various tax benefits may apply for your leased equipment.  (Please consult with your tax advisor for details).

SAFETY FIRST! PRODUCTIVITY, A VERY CLOSE SECOND!

Still leading the industry in safety technology, no other lift truck brand offers a system comparable to Toyota’s SYSTEM OF ACTIVE STABILITY™ (SAS).

With more than 250,000 SAS-equipped Toyota lift trucks in operation in North America and Toyota’s proven record of lift truck safety, you can feel confident knowing your operators are utilizing equipment that sets the industry standard in safety.

Toyota’s SAS System electronically monitors and controls the lift truck’s operations to help reduce the risk of tip-overs.  SAS is composed of two systems: the active control rear stabilizer and the active mast function controller.

ACTIVE CONTROL REAR STABILIZER: It Gives New Meaning to Job Security

Whether it’s your most experienced driver or an employee’s first day on the job, every lift truck operator faces the same potential hazards. The most serious of these are tip-overs that occur when a lift truck takes a corner too sharp or too fast.

Fact is, if the center of gravity shifts outside its three support points, or stability triangle, wheels can lift and it can tip over.

Toyota’s ACTIVE CONTROL REAR STABILIZER helps reduce that possibility.  When it senses instability, Toyota’s SAS uses patented technology to instantly lock a hydraulic cylinder on the rear axle to widen the lift truck’s support area, changing the lift truck’s stability footprint from triangular in shape to rectangular.  The resulting increase in lateral stability reduces the likelihood of a lateral overturn.

So even if operators misjudge the load or the speed or sharpness of a turn, the system helps keep them safe on all four wheels.  Now that’s the kind of technology, or job security, every operator can use.

ACTIVE MAST FUNCTION CONTROLLER: Not Even OSHA Regulates Operators This Closely

When operating a lift truck’s mast, the slightest miscalculation can have significant repercussions.  “Just a touch more,” often thinks the operator.  But a touch too much can sometimes lead to a serious accident.

Toyota’s ACTIVE MAST FUNCTION CONTROLLER is uniquely designed to provide features that help operators handle loads at high heights.  When the SAS controller senses potential instability, two systems are activated to help reduce the chances of forward or rearward tipovers: forward tilt angel control and rear tilt speed control.

FORWARD TILT ANGLE CONTROL will sense load weight and mast height, then automatically override the operator’s manual control and limit forward tilt to decrease the chance of spilling a load or tipping the lift truck forward.

Moreover, depending on the fork’s height, it governs reverse tilt speed to help prevent cargo from becoming unstable at the various heights.

REAR TILT SPEED CONTROL utilizes the same load and mast height sensors to govern the mast’s reverse tilt speed to half, thereby decreasing the chances of spilling unsecured loads or tipping the lift truck backward

But that’s not all, the AUTOMATIC FORK LEVELING CONTROL takes the guesswork out of handling pallets for new and seasoned operators.  Now, all they have to do is press a button when tilting forward and the forks automatically level themselves.

MORE WAYS TO DRIVE PRODUCTIVITY WITHOUT CUTTING CORNERS: OPERATION MONITOR

The SAS OPERATION MONITOR continuously checks and reports on the status of its systems.  In addition, an indicator light informs operators when the Swing Lock Cylinder is engaged, making them aware of the SAS’s role in maintaining stability.

No other manufacturer in the world offers SAS technology.  It is, perhaps, the only innovation capable of helping to reshape the way you think about lift truck safety and productivity.  And it’s available on Toyota lift trucks.  These innovative features, however, in no way override the value of sensible employees, professional training and strict adherence to safety regulations.  But they certainly provide you with more ways to create a safer environment.

Toyota Core Values

Just being good enough is not okay!

But it’s not just the technological advances… it’s TOYOTA CORE VALUES that help make Toyota Forklifts great!

Toyota associates are dedicated and proud to manufacture the best forklift on today’s market. Their core purpose means pouring their hearts into every forklift that comes off the line and, in turn, improving the world around them one product at a time. This video captures the heart of Toyota Industrial Equipment Manufacturing’s determination to build a better forklift every day.

Classes of Forklifts

Class I

Class I forklifts consist of “Sit-Down Electrics”. And, as the world becomes “greener”, electric forklifts are the future. Powered by an industrial battery, Class I forklifts emit less emissions and are good for food distributors and in general, all air conditioned warehouses. They’re available in 3-wheel & 4-wheel models with cushion or pneumatic (air) tires and lifting capacities from 3,000 lbs on up.

Class II

Class II forklifts are electric forklifts that allow the operator to stand-up, which is good for operations that require the driver to get on & off the forklift a lot, or when the operator needs to be more “hands on” with the product. They can also operate in smaller spaces, and are commonly referred to as “Narrow Aisle”. Class II forklifts consist of the “Stand-Up Rider”, the “Reach Truck” (which allows the forklift to “reach” forward for product) and the Order Picker, in which the operator is in position to “pick” product from shelves at different heights. They’re available in lifting capacities from 3,000 lbs and up.

Class III

Class III forklifts allow the operator to walk behind or ride with power, controlling the forklift with an electric powered steering arm. These forklifts are commonly referred to as “Electric Pallet Trucks” and are available for lifting 3,000 lbs and higher. Some models are available for towing purposes.

Class IV

Class IV forklifts are your standard sit down models. They run on LP Gas, gasoline or dual fuel. Class IV forklifts have cushion tires, which are hard tires best for warehouse operations. Non-marking tires are available when necessary. These forklifts are available for lifting capacities from as low as 3,000 lbs to 15,500 lbs.

Class V

Class V forklifts are the standard sit down models with pneumatic (air) tires. They run on LP gas, gasoline, dual fuel or diesel. They can also be purchased with “solid” pneumatic tires. These forklifts are good for various outside operations from farming to outside lumber yards. They are available for lifting anywhere from 3,000 lbs to 92,000 lbs!

Class VI

Class VI models are tow tractors. You may recognize these as the vehicles pulling your luggage at the airport.

There is even Class VII which relates to all-terrain available in 2-wheel and 4-wheel drive.

Which forklift is pictured above?

That is the newest Class I, 8 series forklift from Toyota! This 4-wheel electric pictured has a 4,000 lbs lift capacity. Currently offered with special pricing and even better financing opportunities!

It’s always good to have a basic understanding of a product before you start the buying process. But rest assured, when you need a forklift, our knowledgeable sales team will be happy to explain the different applications and will work with you to find the best forklift for your operation!

Call the Toyota Nationwide Lift Trucks location nearest you for more information…

Broward (800) 327-4431

Charlotte (800) 822-7299

Collier (800) 822-7299

Glades (800) 822-7299

Hendry (800) 822-7299

Indian River (800) 327-4430

Lee (800) 822-7299

Martin (800) 327-4430

Miami-Dade (800) 327-4431

Monroe (800) 327-4431

Okeechobee (800) 327-4430

Palm Beach (800) 327-4430

St Lucie (800) 327-4430

Deduct the full purchase amount of your forklift with section 179



IRS Section 179 was brought back on Dec. 18, 2015 when Congress and the House passed the “Protecting Americans from Tax Hikes Act of 2015.”

This act expands the Section 179 deduction limit to $500,000. This gives businesses the opportunity to deduct the full purchase cost of forklifts and qualifying equipment. The expedited write off incentive allows companies to deduct full purchase amounts verses the traditional depreciating equipment in stages.

With Section 179 permanently in effect, there’s never been a better time to invest in new forklifts for your facility. We recommend discussing the tax benefit with your company financial or tax adviser before purchasing equipment.

Take advantage of this opportunity and contact us today about purchasing a new forklift.