Leasing a Forklift? Tips & Advice on Forklift Leasing & Financing—July 2011

July 8, 2011 at 1:03 PMRing Power
financing and leasing forklift tips

Is your company preparing to sign a lease for a forklift? Here's some tips from Ring Power Lift Trucks when leasing or financing a new or used forklift.forklift leasing and financing

Know your leasing company. Only deal with reputable finance companies that you are familiar with.  Many brokers call themselves ‘leasing companies’, when in fact they are not the funding source.  They act as ‘middle men’ and place the lease paper with various financial institutions. It is always better to deal directly with a leasing company that is a direct source of funds. Not only are you going to get a better lease payment, but it will be easier to determine if this is a finance company you are comfortable working with.

UCC ‘blanket’ liens. Some forklift finance companies will file a blanket lien covering all assets on a business. Lessees should review the documents to ensure that the UCC filing is only on the specific forklift and material handling equipment that they are leasing or financing.
 
Attention to Details. Make sure the ‘Return Provisions’ are in line with your application, your environment, and/or your usage. You may otherwise be charged for excessive hours or repairs given the actual run time and environment that the forklift was exposed.

Understanding Fees. Understand what fees may be charged by a leasing company. Some companies charge as much as $500 to write and book a forklift lease transaction.
 
Read Your Lease Contract. Know what the terms and conditions of the lease are.  Eliminate surprises at maturity of the forklift lease.

Follow this simple guidelines and you should find yourself much more confident when negotiating your next forklift leasing deal. Call or email any of Florida's Ring Power Lift Trucks locations for additional assistance or que
stions.

Ring Power Lift Trucks leases and finances a wide variety forklifts, from pneumatic tire IC forklifts to efficient electric cushion and pneumatic tire forklifts, from container hanlders by Kalmar and Linde to narrow aisle warehouse forklifts by Jungheinrich, Mitsubishi Forklifts and Cat Lift Trucks. Even very narrow aisle trucks by Bendi and Drexel.

Quality Forklifts. Even Better People.

 

 

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Forklift Service Dept Rolls Out New Look—May 2011

May 2, 2011 at 10:51 AMRing Power
forklift service vans and trucks bold new graphics

When you call for forklift service, be sure to be on the look out for Ring Power Lift Trucks' bold new look. Our forklift service vans and trucks have new graphics turning these service trucks into rolling billboards!From forklift service, Planned Maintenance to Total Maintenance and Repair, we take the hassle out of lift truck maintenance.

Our forklift customers have been very receptive and have provided extremely positive responses.

"A picture is worth a thousand words," exclaimed Forklift Service Operations Manager Howard Donaway. "It's now obvious that Ring Power is the place to go for forklift service!"

See our forklift parts and service vans and trucks and all of our other forklifts on our photo-sharing site at Flickr.com. See more of our forklift-related images at http://www.flickr.com/photos/ring-power-lift-trucks/

Ring Power Lift Trucks is a complete forklift parts and service provider with factory-trained technicians, capable of complete forklift engine rebuilds and overhauls on all makes and models of forklifts. Our highly qualified service technicians are ready to work for you from any of our strategically located offices throughout Florida, servicing Miami, Pompano Beach, Sarasota, Tampa, Lakeland, Orlando, Daytona Beach, Jacksonville, Ocala, Gainesville, and Tallahassee.

 

 

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Caterpillar Update on Impact of Crisis in Japan—April 2011

April 6, 2011 at 8:48 AMRing Power
Caterpillar Inc. and Caterpillar Japan Limited actively monitor the developments in Japan

Ring Power Corporation, reports Caterpillar’s ongoing commitment to aid in Japan. Over the last week, Caterpillar Inc. and Caterpillar Japan Limited have actively monitored the on-going developments in Japan following the devastating earthquake and tsunami to report ramifications for Cat and the Caterpillar dealer network.

While continuing to provide support for all employees living and working in Japan, Caterpillar is focusing resources from around the world to determine the full scope and impact on the company’s supply chain. Caterpillar's facilities in Tokyo, Akashi and Sagami were not damaged by the earthquake, and are outside of the current area the Japanese government has declared as a mandatory evacuation zone. To date, both the Sagami and Akashi facilities have continued to operate and produce product, and the disruption to the supply chain in Japan has not stopped production at other Caterpillar facilities around the world. Cat is actively developing alternative sources for components produced by Japanese-based suppliers, should they not be able to fulfill orders. Although Cat’s Japanese interests appear sound, Caterpillar cautions it is possible some facilities may be sporadically impacted throughout Japan’s recovery.

In addition to Caterpillar’s economic research on behalf of suppliers, employees, dealers and customers, Caterpillar Japan Limited has pledged $1 million to support disaster relief through in-kind equipment donations of machinery and generators to Japanese governmental agencies. In America, the Caterpillar Foundation has announced a $1 million grant to the American Red Cross with an additional promise to match up to $500,000 in contributions made by Caterpillar employees, retirees and dealer employees ­to the Red Cross before April 14, 2011.

Ring Power Corporation has more than 45 years of experience selling, renting, servicing and supporting Caterpillar® and allied equipment throughout North and Central Florida. Additional information about the Ring Power organization, its products and services can be found on the Internet at ringpower.com.

 

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Forklift Renting Can Be Smart Budgeting—March 2011

March 11, 2011 at 4:18 PMRing Power
material handling equipment rental can be smart budgeting

No matter what size company, you’re bound to encounter items in your warehouse or jobsite that won’t be used on a regular basis. And these items could represent a sizable financial investment. One example is your forklift. Renting a forklift, either short or forklift rentallong-term, may make better economic sense, offer more financial flexibility, and protect your credit in these uncertain times.

Economic Savings
The cost for renting a forklift is typically far less than the cost of buying a forklift outright, particularly when you will just use it for a job here and there. Even if the forklift is for long-term usage, the benefits of a long-term rental may outweigh the costs of a forklift, maintenance and parts. A forklift rental is a fixed cost and is an easily budgetary item.

In addition, even if the actual cost ends up being about the same as buying the item, you will be able to preserve your cash flow. You won’t need to come up with thousands of dollars to purchase the item, but rather just a few hundred for the first day, month, or week of renting it. You can then put your working capital to work for your business, market your product, and grow your income.

In addition, you may be able to deduct the cost of renting items from your business's tax return. This adds even more savings into the equation, as you will lower your tax liability when April 15th comes around. See your tax advisor for details.

Flexibility
Forklift rental provides flexibility for your business as well. As your business grows and changes, its needs will change as well. By leasing these large-ticket items, you can upgrade or downgrade as your business needs change without a huge financial loss.

Whether you need an extra forklift to do inventory, perform a special project or many forklifts to handle extra shipments during a busy season, we offer a comprehensive selection of rental forklifts in a variety of power, capacity and tire arrangements.

Protecting Credit
If you choose to purchase large items for your business, due to your cash flow limits you will likely turn to credit. By renting items instead of buying them, you leave your available credit lines open for other needs. This gives you more confidence that you can get through a slow spell or make smaller purchases when facing a cash flow shortage.

Because of all of these benefits, equipment rental simply makes sense for many businesses. The next time you find your business to be in need of a forklift, consider renting or long-term lease instead of purchasing one. It just might save you some money and increasing your company’s bottom-line.

Ring Power Lift Trucks has over 350 forklifts in its short-term rental fleet to choose from with capacities ranging from 3,000 to 52,000 lbs. Rent a forklift with a configuration that makes you most productive. Rent electric, gasoline, LP-gas or diesel forklifts or rent a specialized material handling forklift, such as quad-mast, truck mounted forklifts, piggyback trucks, flatbed trailers, narrow aisle trucks or order-pickers.

We supply a variety of productive attachments including carpet poles, box clamps, bail clamps, push pulls, single doubles, rotators, fork positioners, and paper roll clamps. We also rent sit-down, stand-on and walk-behind forklifts. Rental forklift rates includes maintenance and transportation of lift trucks to and from your premises.

Ring Power Lift Trucks is the forklift division of Ring Power Corporation, headquartered in Jacksonville, Florida. Additional offices service Pompano Beach, Miami, Daytona Beach, Orlando, Tampa, Ocala, Sarasota and Tallahassee. 

   

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Wanted: Forklift Sales Representative for the Orlando Market—February 2011

February 28, 2011 at 10:53 AMRing Power
Used and New Forklift Sales Representative to cover the Orlando Metro Market

Ring Power Lift Trucks is seeking a used and new forklift sales representative to cover the Orlando Metro Market.forklift sales orlando market

Ring Power Lift Trucks is seeking a Forklift Sales Representative who will be responsible for selling new and used forklifts in Orlando, Florida and it's surrounding counties. The successful candidate will maintain and grow existing accounts as well as develop new business. This individual will collaborate with sales management in order to create and execute a strategy for the territory in addition to supplying data to help produce sales reports and forecast projections. Prior equipment sales experience with a proven track record is a plus. Experience with narrow aisle electric material handling applications, warehouse systems and general product knowledge is a definite plus.

High school degree is minimum requirement; Associates Degree or higher preferred.Click to apply online at ringpower.com

Ring Power Lift Trucks  is the forklift division of Ring Power Corporation, headquartered in Jacksonville, Florida. Our Orlando branch represents: Cat® Lift Trucks, Mitsubishi Forklifts, Clark forklifts, Linde Material Handling, Kalmar Industrial Forklifts, Kalmar Container Handlers, specialized products by Bendi and Combilift and productive Cascade Attachments.

Ring Power Lift Trucks
803 Taft-Vineland Rd
Orlando, FL  32824

 

Click to apply online at ringpower.com

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Buying Forklift Parts and Air Compressor Parts in Miami-Dade County Just Got Easier—February 2011

February 14, 2011 at 4:44 PMRing Power
forklift parts now available in Miami from Ring Power Lift Trucks

Buying forklift parts in Miami and Sullair air compressor parts just got easier with the return of Ring Power Lift Trucks to the Miami / Dade County Metro area.forklift parts miami

You asked and we listened by moving our forklift parts back to Miami. We currently have more than $2.2 million in forklift parts inventory to fit Toyota Forklifts, Clark, Hyster, Crown, Mitsubishi Forklifts, and Cat Lift Trucks.

Whether you're working at the port or a large warehouse with many forklifts, feel free to order your forklift parts on-line or by phone and pickup at our new location or visit in person.

Ring Power Lift Trucks
3521 NW 115th Avenue
Miami, Florida  33178

305-477-8656

Directions: Take the Florida Turnpike to exit 29 and proceed east on NW 41st Street. Turn right to 3521 NW 115th Ave and proceed to Ring Power Lift Trucks parts store located within the Ring Power Crane facility. SE HABLA ESPAÑOL


Ring Power Lift Trucks  is the forklift division of Ring Power Corporation, headquartered in Jacksonville, Florida. Additional offices service Pompano Beach, Miami, Daytona Beach, Orlando, Tampa, Ocala, Sarasota and Tallahassee. Ring Power Lift Truck represents: Cat® Lift Trucks, Mitsubishi Forklifts, Clark forklifts, Linde Material Handling, Kalmar Industrial Forklifts, Kalmar Container Handlers, specialized products by Bendi and Combilift and productive Cascade Attachments.

Ring Power is also a leading supplier of air compressors, air tools, compressor parts and air compressor service in Florida for over 45 years. 

 

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Comprar partes de compresores de aire y de montacargas en el condado de Miami Dade se ha hecho más fácil.

February 14, 2011 at 3:41 PMRing Power

Comprar partes de montacargas y de compresores de aire  marca Sullair se hace  más fácil con el regreso de Ring Power Lift Trucks al condado de Miami Dade.partes de montacargas

Usted lo solicitó y nosotro escuchamos por eso regresamos a Miami. Actualmente contamos con un inventario de mas de $2.2 millones en partes de montacargas para satisfacer

las siguientes marcas:  Toyota, Clark, Hyster, Crown, Mitsubishi, Caterpillar en montarcarga, Linde, Big Joe, Manitou y Lift King.

No importa el tipo de negocio de manejo de  materiales que usted tenga ,siéntese  libre de ordenar su repuestos de montacargas en línea, por teléfono o puedes visitarnos en nuestro nuevo local.

Tome el Florida Turnpike hasta la salida 29, siga al Este hasta la calle 41 NW, doble a la derecha en la 115 Avenida, siga al Sur hasta la 35 calle del NW, ahi encontrará nuestra oficina de repuestos Ring Power Lift Trucks ubicado en las instalaciónes de Ring Power Crane.

Ring Power Lift Trucks
3521 NW 115th Avenue
Miami, Florida 33178

Tel: 305-477-8656
Fax: 305-477-9261

Ring Power Lift Trucks es una división de la corporación  Ring Power, con oficinas centrales en Jacksonville, Florida.  Con oficinas adicionales de servicios, ventas y piezas en Pompano Beach, Daytona Beach, Orlando, Tampa, Ocala, Sarasota, Tallahassee y Miami.   Ring Power Lift Truck representa las marcas de montacargas Caterpillar,Mitsubishi, Clark, Linde, Big Joe, Manitou, Lift King, Montacargas Industriales y Porta Contenedores Marca Kalmar , Equipos Especiales como:  Bendi, Combilift, Princeton / Piggy Back y la linea completa de la marca Cascade.

 

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Is a new forklift lease in your future?—February 2011

February 2, 2011 at 1:04 PMRing Power

Now is the time to lease your next forklift from Cat® Lift Trucks!forklift lease program

Cat Lift Trucks is offering no lease payments for the first three months on any new electric or internal combustion sit-down counterbalanced Cat® lift truck up to capacities of 15,500 lbs.

Cat Lift Trucks industry-leading forklifts and lease programs are designed to provide the flexibility necessary to meet your unique material handling needs. Find out how you can qualify for three free months on your next forklift lease by contacting us today.

From now through April 30, 2011, Cat Lift Trucks is offering no lease payments for the first three months on any new electric or internal combustion sit-down Cat® lift truck up to capacities of 15,500 lbs.

Free three-month lift truck lease program benefits include:
►  No payments for the first three months of the qualifying lift truck lease
►  Low, factory subsidized interest rates
►  Flexible program terms of up to 76 months
►  No up-front cash, advance payments or down payment required - conserves cash and credit lines
►  2-Year, unlimited hours comprehensive warranty
►  3-Year, 6,000 hours powertrain warranty
►  With an optional total maintenance and repair contract, the responsibility for lift truck maintenance stays with professionals and frees up time for you to run your business.

Ring Power Lift Trucks is the forklift division of Ring Power Corporation, headquartered in Jacksonville, Florida. Additional offices service Pompano Beach, Miami, Daytona Beach, Orlando, Tampa, Ocala, Sarasota and Tallahassee. Ring Power Lift Trucks has represented Cat® Lift Trucks and material handling equipment for nearly 40 years.

 

This program is subject to credit approval and is subject to change without notice.

Copyright © 2011 by MCFA. All rights reserved. CAT, CATERPILLAR, their respective logos, “Caterpillar Yellow” and the “Power Edge” trade dress, as well as corporate and product identity used herein, are trademarks of Caterpillar and may not be used without permission. All registered trademarks are the property of their respective owners. Some products may be shown with optional equipment.

 

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RPC Invoice and Statements Now Available Online!—January 2011

January 24, 2011 at 10:46 AMRing Power

Ring Power Corporation is pleased to invite you to use our web-based application allowing your company to view and print copies of your statements and invoices.online invoicing ring power

WHAT DO I NEED TO DO? — The company owner simply needs to contact the credit department and request an application, either by email or fax. Fill it out completely and return. Upon review of your application, a log-in and password will be issued. Company owners can grant permission to additional users within the company.

HOW DOES IT WORK? — The secured Internet site permits users you've designated to view and print statements/invoices in a Portable Document Format or PDF files. Adobe Acrobat® Reader™ is the required software and is downloadable from the Adobe website at no cost!

ADVANTAGES — Now check your account status at your convenience, day or night. Contact Ring Power's Credit Department and begin taking advantage of this convenient service today.

Contact Ring Power's Credit Department at 904-494-1356 or by email: RPWebInvoicing@ringpower.com

 

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Review of 2010’s Top Construction Equipment Blog Postings—January 2011

January 1, 2011 at 10:12 AMRing Power
Top blog postings for 2010 from blog.ringpower.com

The year 2010 was an interesting year for Ring Power. The Cat Rental Store expanded new and specialty product lines, such as the Terex utility trucks and derrick diggers and the Hydra Platform for bridge inspections. We also added versatile construction machine shopmachines like the Hydrema dump truck with side-dump capabilities. Ring Power Lift Trucks aligned with Exide Technologies to provide the proper forklift battery and battery charger for customer’s forklift applications.

We looked at ways customers could operate more efficiently by analyzing equipment costs per hour and ways to rebuild and repair using services from Ring Power.

Ring Power constantly strives to deliver the very best and most productive forklifts, construction equipment, generators, and air compressors to contractors throughout Florida. And our customers can expect no less in 2011.

Below are the most read Ring Power blog postings for 2010.

1. Electric Forklift: Charging forklift batteries safely.

2. Not All Boom Mowers Are Created Equal

3. Entertainment Services – Unveils Greenest Live Show Solution

4. Managing Your Heavy Construction Equipment's Cost Per Hour

5. Diesel Particulate Filter Cleaning for Buses, Tractor Trailer Rigs and On-highway Trucks

6. Rough Terrain Forklifts: The choice when moving materials off road

7. Is Your Forklift’s Hydraulic System Protected?

8. Ring Power Lift Trucks Appointed as Authorized Clark Forklift Dealer

9. Paving the road to success with Weiler Paving MTV

10. Cat Lift Trucks Announces New Heavy-Duty Diesel Lift Truck

11. Electric Forklift Battery Owners Turn to Exide® Technologies

12. Ring Power Announces Appointment as Terex Hydra Platform Distributor

13. Ritchie Bros. Auction Draws Used Equipment Buyers from Around the World to Orlando, Florida

14. Falcon Tanks & Generator Enclosures by Phoenix Products

15. Florida's Largest Peanut Farmer Prefers Challenger Agricultural Equipment

16. Goodwin Brothers Construction: Keeping It All in the Family

17. Don’t Let Your Electric Forklift Maintenance Give You Shock

18. Challenger Roadside Mowing Seminars and Operator Safety Training

19. Six Reasons to Choose Linde Electric Forklifts

20. ALL UNDER ONE ROOF: Hydraulic Repair, Machining, Welding, Fabrication, Transmission Repair & Engine Service


At this holiday season, our thoughts turn gratefully to those who have made Ring Power's success possible. It is in this spirit that we say, “Thank you and best wishes for the holidays and a prosperous New Year.”

Ring Power Corporation, North and Central Florida's Caterpillar dealer, is headquartered in St. Augustine, Florida, with branch locations in Brooksville, Daytona, Gainesville, Jacksonville, Lake City, Lakeland, Ocala, Orlando, Palm Bay, Perry, Sarasota, Tallahassee, Tampa and Tarpon Springs. Ring Power is comprised of eight divisions and has more than 45 years of experience servicing and supporting Caterpillar and allied equipment.

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