Manitou Finance: Supporting Material Handling in France

Manitou Finance, a subsidiary of the Manitou Group, plays a critical role in supporting the sale and adoption of Manitou’s material handling equipment in France. It acts as a financial services provider, offering tailored financing solutions to customers looking to acquire telehandlers, forklifts, access platforms, and other equipment manufactured by Manitou.

The primary objective of Manitou Finance is to facilitate access to Manitou equipment for a wide range of businesses. This includes construction companies, agricultural enterprises, industrial operations, and logistics providers. By offering flexible financing options, Manitou Finance helps customers overcome budgetary constraints and invest in the equipment they need to enhance their productivity and efficiency.

The company offers a variety of financing solutions, including:

• Leasing: This allows customers to use Manitou equipment for a fixed period in exchange for regular payments. Leasing offers advantages such as predictable costs, potential tax benefits, and the ability to upgrade equipment at the end of the lease term.
• Hire Purchase: This option allows customers to gradually acquire ownership of the equipment over a predetermined period. Hire purchase agreements typically involve an initial deposit followed by regular installments.
• Loans: Manitou Finance provides loans to customers who prefer to own the equipment outright. These loans can be customized to meet the specific financial needs of the borrower.

One of the key strengths of Manitou Finance is its deep understanding of the material handling equipment market and the specific financial challenges faced by its customers. This expertise allows the company to develop customized financing solutions that are aligned with the unique requirements of each business. The company also benefits from its close relationship with the Manitou Group, allowing it to provide seamless service and support to customers throughout the financing process.

Beyond financing, Manitou Finance often provides additional services such as insurance and maintenance contracts. These value-added services help customers protect their investment and ensure the long-term reliability of their equipment. By bundling these services together, Manitou Finance offers a comprehensive solution that simplifies the ownership experience for its customers.

In the French market, Manitou Finance faces competition from other financial institutions and equipment financing providers. However, its specialized expertise in material handling equipment and its close relationship with Manitou give it a significant advantage. The company is committed to providing competitive financing rates, flexible terms, and excellent customer service to maintain its position as a leading provider of financial solutions for Manitou equipment in France.

Looking ahead, Manitou Finance is likely to play an increasingly important role in supporting the growth of Manitou’s business in France. As the demand for material handling equipment continues to grow, the company’s ability to provide flexible and accessible financing solutions will be essential for helping businesses invest in the equipment they need to succeed.