If you haven't already you should take a minute to check it out and see what it can do for you.
Electric pallet jacks are very handy in high-traffic warehouse environments. These work much better than hand pallet trucks when you are trying to move a lot of inventory in a short amount of time. Forklift trucks are also known as trailer loader, side loader and fork hoist units. When you're looking to purchase a pallet jack there are several things which you should look for.
If you have extremely narrow aisles in your warehouse, you will need a narrow aisle pallet jack. These work much better in height confined areas without damaging your inventory. Inventory damage can be extremely costly and should be avoided at all costs. It is also a good idea to retrain your warehouse staff on an annual basis to make sure they are up to date on OSHA standards.
If you are lifting large loads, you may want to consider purchasing an electric counterbalanced forklift truck. These machines are extremely useful for removing palettes from semi trailer loads. Usually, a highly mass made out of material such as cast iron is attached to the rear of the forklift truck. In electric pallet jacks the batteries themselves may act as counterweights. This is essential to keep your forklift from tipping over while unloading dense pallets.
If you cannot afford to purchase a new pallet truck, you may want to purchase a used or refurbished pallet jack. Refurbished pallet jacks will usually come with a warranty which can protect you from any unknown risks. Another good idea is to always have a third-party inspection performed if you're planning to buy the used pallet forklift truck sight unseen.
Financing or leasing your pallet truck can be a great way to acquire new equipment with minimal impact to your cash flow. Keep in mind that this can be done directly from the manufacturer or through a third-party leasing company.
Any business that requires equipment for its operations faces the problem of paying for that equipment. Paying for equipment by cash may be a possibility for some businesses that have an excess of liquidity. Even for the few who can afford to spend huge amounts of cash for equipment, this may not be a wise decision. There are always crises and opportunities that present themselves to any business that require immediate access to cash. If the cash is invested in equipment, these crises may turn into serious problems or the opportunities may be missed.
Businesses usually do not purchase equipment by direct cash payment. They prefer to finance such purchases either via a loan or through an equipment lease. Vendors of equipment generally have several structures that the buyer can avail itself of for payment. Lease applications are approved very quickly and start-up businesses having little or no business history are also eligible.
For vendors offering a leasing program, benefits accrue from the increase in sales of their equipment. The customer does not have to be turned away, just because he does not have the cash up front to pay for the equipment or has been unable to obtain a bank loan. Also, if the customer has developed a degree of trust in his dealings with the vendor and the leasing program, he will be more likely to place repeat orders with the vendor.
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