Stop Renting. Start Owning Your Forklift.
Own Your Equipment for Less Than Rental Cost | 24-Hour Approval | 90% LTV | Calculate Your ROI Below
The Math Is Simple: Ownership Beats Rental
You're already spending RM 3,000-4,000/month to rent a forklift. What if you could own it for LESS and stop paying rent forever?
After 3 years, you've paid RM 126,000 and have zero assets to show for it. You're still renting.
YOU SAVE RM 30,600 IN 3 YEARS
Plus you OWN a RM 100,000 asset. No more monthly rent. Ever.
Break-Even Point: Month 20
After just 20 months, you've paid less than renting AND you own the equipment. Every month after that is pure savings.
Why Smart Warehouse Managers Choose Equipment Financing
Built for warehouse operations. Designed for your cash flow. Proven ROI.
Own vs Rent: Break Even in 18 Months
Stop paying rent forever. Build equity in your equipment. ROI calculator shows you the exact savings.
Finance 90% of Equipment Value
Only 10% down payment required. Preserve your working capital for operations and growth.
Flexible 12-60 Month Terms
Choose payment terms that match your cash flow and operational needs. Early repayment without penalty.
New & Used Equipment Accepted
Finance electric, diesel, or gas forklifts up to 8 years old. All major brands accepted.
Electric Forklift Financing
40-88% more efficient than diesel. Lower total cost of ownership. Government green incentives available.
Fleet Financing Available
Finance multiple forklifts at once. Volume discounts for 2+ units. Scale your warehouse operations.
24-Hour Credit Decision
Fast approval process designed for busy warehouse managers. Minimal paperwork, maximum efficiency.
Tax Benefits & Depreciation
Equipment financing offers tax advantages. Consult with your accountant about depreciation benefits.
Calculate Your Forklift Ownership ROI
See exactly how much you'll save by owning instead of renting
Payment Calculator
Estimate your monthly payments
5 Steps from Application to Equipment Ownership
Designed for busy warehouse managers. Fast, simple, transparent.
Calculate Your ROI
Use our calculator to compare rental costs vs ownership. See your break-even point instantly.
Submit Application
Simple online or WhatsApp application. Basic documents: IC, bank statements, company registration.
Get Approval in 24 Hours
Fast credit decision within one business day. Clear terms, no hidden fees.
Review Financing Terms
We present multiple financing options. Choose the payment structure that fits your budget.
Take Delivery & Start Saving
Funds disbursed to supplier. Take possession of your forklift. Start building equity immediately.
All Types of Material Handling Equipment Financed
From compact pallet jacks to heavy-duty reach trucks and everything in between
Counterbalance Forklifts (1.5-5 tons)
Most common warehouse forklifts. Electric or diesel. Indoor/outdoor use. Ideal for general material handling and pallet movement.
Reach Trucks (1.4-2.5 tons)
Narrow aisle operation. Maximize warehouse space utilization. High-lift capabilities up to 12 meters. Perfect for high-density storage.
Pallet Jacks (Electric/Manual)
Low-cost entry solution. Electric pallet jacks for efficiency. Ideal for light-duty warehouse operations and order picking.
Order Pickers
Operator elevation platforms. E-commerce warehouse essential. Improve picking efficiency by 200%. Multiple level access.
Electric Forklifts (Lithium-Ion)
Zero emissions, 72% market share. 40% more efficient than lead-acid. 88% more efficient than diesel. Fast charging, long lifespan.
Rough Terrain Forklifts
Outdoor construction sites. All-terrain capability. Heavy-duty applications. Available for specialized warehouse yards.
We Finance All Major Brands
Japanese, European, American, and Chinese brands all accepted. Contact us for specific models.
Electric Forklift Financing: Total Cost of Ownership
Electric forklifts cost more upfront but deliver massive long-term savings
| Cost Factor (5 Year Total) | Electric (Lithium-Ion) | Electric (Lead-Acid) | Diesel |
|---|---|---|---|
| Purchase Price | RM 120,000 | RM 90,000 | RM 85,000 |
| Energy Cost (5 years) | RM 18,000 | RM 30,000 | RM 160,000 |
| Maintenance Cost (5 years) | RM 8,000 | RM 15,000 | RM 35,000 |
| Battery Replacement | RM 0 | RM 25,000 | N/A |
| Downtime Cost | RM 5,000 | RM 12,000 | RM 20,000 |
| TOTAL 5-YEAR COST | RM 151,000 | RM 172,000 | RM 300,000 |
| SAVINGS VS DIESEL | RM 149,000 | RM 128,000 | β |
- β 88% more efficient than diesel
- β No battery replacement for 10 years
- β Fast charging (1-2 hours)
- β Zero emissions (indoor safe)
- β Lowest total cost of ownership
- β Lower upfront cost
- β Proven technology
- β Zero emissions
- β Battery replacement every 3-5 years
- β 8-hour charging time
- β Outdoor/heavy-duty use
- β Quick refueling
- β Highest fuel costs
- β Emissions (not indoor safe)
- β Highest total cost of ownership
Warehouse Managers Who Made the Switch
Real ROI results from real warehouse operations in Malaysia
"We were renting 3 forklifts for RM 9,000/month. After financing with Ing Heng Credit, our monthly payment is RM 7,200 and we OWN the equipment. Break-even in 20 months. Best business decision we made."
"Our cold storage facility needed reliable forklifts that can handle -20Β°C temperatures. Ing Heng Credit financed 2 specialized electric forklifts with 90% LTV. The tax depreciation benefits reduced our effective interest rate to under 5%."
"E-commerce boom meant we needed to scale fast. Financed 5 reach trucks and 3 order pickers through Ing Heng Credit. Fleet financing discount saved us 1.5% on interest. Our warehouse productivity increased 180%."
Simple Application Requirements
Faster than bank business loans. Focus on equipment value and cash flow, not complex financials.
For Individuals
- IC / Passport CopyMalaysian IC or valid passport for foreigners with work permit
- 6 Months Bank StatementsPersonal or business account showing regular cash flow
- Income ProofSalary slips, EPF statements, or business income documentation
For Companies (Most Common)
- SSM RegistrationCompany registration certificate (Sdn Bhd, Enterprise, LLP)
- Company Bank Statements6 months company account - we focus on operational cash flow
- Directors' IC CopiesAll directors and major shareholders
- Equipment QuotationQuote from forklift supplier showing model, price, specifications
Equipment Financing vs Bank Business Loan:
- β’ Simpler documentation - no complex financial statements required
- β’ Faster approval - 24 hours vs 2-4 weeks
- β’ Equipment serves as collateral - no additional property mortgage needed
- β’ Focus on equipment value and cash flow, not perfect credit score
Frequently Asked Questions About Forklift Financing
Everything warehouse managers need to know about equipment ownership
For year-round warehouse operations, buying with financing is more cost-effective than long-term rental. Our ROI analysis shows break-even typically occurs at 18-24 months. After that, you build equity while renters continue paying forever. Financing preserves working capital while giving you ownership benefits.
Yes! We finance used forklifts up to 8 years old from reputable brands. Equipment must be in good working condition and pass inspection. Used electric forklifts with lithium-ion batteries are excellent investments - lower upfront cost, proven reliability, and still 70-80% of operational lifespan remaining.
Equipment financing offers several tax advantages: (1) Depreciation deductions over equipment lifespan, (2) Interest payments are tax-deductible business expenses, (3) Potential green technology incentives for electric forklifts. Consult your accountant for specific tax treatment based on your business structure. Many clients save 20-30% in effective costs through tax benefits.
Interest rates range from 6.5% to 11% annually depending on credit profile, equipment age, down payment, and loan term. Total monthly payment includes principal + interest. For example: RM 100,000 forklift at 8% over 48 months = RM 2,441/month. Compare this to rental at RM 3,000-3,500/month for the same equipment.
Absolutely! Electric forklifts are 72% of market share and growing. Lithium-ion batteries cost more upfront but deliver 40% better efficiency than lead-acid and 88% better than diesel. We finance the complete package: forklift + lithium battery + charger. Total cost of ownership analysis shows 5-year savings of RM 80,000+ compared to diesel equivalents.
Financing (hire purchase) means you own the equipment at the end. Leasing means you return it or buy it out. Financing builds equity, offers tax depreciation benefits, and gives you control over equipment maintenance. Leasing offers lower monthly payments but no ownership. For established warehouses with long-term needs, financing is typically more economical.
Standard terms: 12-60 months. Most warehouse operators choose 36-48 months for optimal balance between monthly payment and total interest cost. Shorter terms (24-36 months) for used equipment. Longer terms (48-60 months) for new electric forklifts with 10+ year lifespan. Match your payment term to equipment expected useful life.
Yes! Fleet financing is one of our specialties. Benefits: (1) Volume discounts on interest rates for 2+ units, (2) Single monthly payment for all equipment, (3) Staggered delivery schedules to match warehouse expansion, (4) Mix different forklift types in one financing package. Perfect for e-commerce warehouses scaling operations.
For individuals: IC/Passport, 6 months bank statements, income proof. For companies (most common): SSM registration, company bank statements (6 months), directors' IC, financial statements (if available). Equipment quote/invoice from supplier. The process is simpler than bank business loans - we focus on equipment value and your operational cash flow, not complex financial analysis.
Yes! We can include attachments (side shifters, clamps, rotators, extended forks) in the financing package. Spare parts can be financed if purchased with the forklift. Battery upgrades (lead-acid to lithium-ion) can also be financed separately. Total solution approach for complete warehouse equipment needs.
Ready to Stop Renting and Start Owning?
Join hundreds of warehouse managers who made the switch from rental to ownership. Calculate your ROI, submit your application, and get approved within 24 hours.
Get Your Free Financing Quote
We'll contact you within 2 hours during business hours with a customized financing proposal