FAQ

Frequently Asked Questions

1. 1. Why FleetPlus Finance
   

FleetPlus Finance was created in response to requests from our existing clients to fund business assets apart from motor vehicles. FleetPlus has successfully funded and managed motor vehicle fleets for many years, thus building a trusted relationship which our clients can rely upon.

1. 2. Who we are

FleetPlus Finance is staffed by highly experienced capital markets and asset based funding executives. Drawn from the banking and corporate finance industry, our people are skilled in funding corporate business assets, sourcing capital and balance sheet restructuring. In conjunction with the established FleetPlus Group asset/people management infrastructure, Australia wide branch net work and New Zealand presence, we are able to provide funding and asset management services to assets other than motor vehicles.

1. 3. What we do

FleetPlus Finance provides an independent source of procurement, management and funding to corporate clients to allow them to acquire, manage and monitor income producing plant, machinery, technology and transportation assets they require to operate their businesses.

1. 4. What are our products and services

FleetPlus Finance focuses on two main areas:

A. Asset Based Solutions:

•  Asset based financing – on and off balance sheet.
•  Bespoke vendor financing programmes
• “Whole of Life” asset funding
•  Real time “In Life” asset management
• Sale and Lease back arrangements
• Partnership Leasing

B. Corporate Funding Solutions

1. Exclusive debt tender mandates
2. Balance sheet funding and restructuring
3. Creative capital market outcomes

1. 5. What can we finance

FleetPlus Finance can accommodate all of the following asset classes:

1. Truck, trailers and other heavy transportation equipment
2. Manufacturing plant, robotics and other technology based plant and equipment
3. IT, communication and office technology systems
4. Cranes and other construction equipment
5. Forklifts and other materials handling equipment
6. Medical, dental and radiology equipment
7. Elevated work platforms and other access equipment
8. Mining plant, conveying and mineral processing equipment
9. Marine, aeronautic, rail and other infrastructure assets

1. 6. How do we engage with you

FleetPlus Finance can work with you from basic funding requirements through to full supply chain solutions with procurement, funding, insurance, asset management and disposal of almost any assets you require. As a FleetPlus Finance client you have access to our network of quality suppliers, many of whom are also Fleetplus clients. Importantly, FleetPlus Finance has access to multiple funding sources and can negotiate competitive funding lines on behalf of clients.

1. 7. When should we contact FleetPlus Finance

The process is simplified if FleetPlus Finance is engaged during the planning process. We can utilise our expertise to co-ordinate the many issues which need to be addressed to ensure that the funding products delivered are relevant, competitive and meet the client outcome objectives.

1. 8. What are the benefits

Client benefits include:

1. Cost, time and productivity savings
2. Preservation of existing banking lines
3. Creation of non-bank funding lines which do not require additional security
4. Improvement in balance sheet ratios
5. Access to independent industry experts and multiple funding sources
6. Access to non-traditional industry based funding sources
7. Reduction or removal of existing security and covenants
8. Facilities aligned to cash flows and business cycles.

Questions?

Please do not hesitate to contact us now.