Fair Financing. Financing Solutions for the Transport Industry. Trailer Services Technology

Transcription

1 Fair Financing Financing Solutions for the Transport Industry. Trailer Services Technology

2 2 Cargobull Finance Enjoy Freedom. Fair, Flexible, Individual. The following pages describe all of the important aspects of Cargobull Finance: Fair, Flexible, Individual. Page 2 Attractive Additional Services. Page 3 Hire-Purchase or Leasing. Page 4 Hire-Purchase. Page 5 Leasing. Page 6 Contract Lease. Page 7 The Cargobull Finance Protection Package. Page 8 Protection Package Services. Page 9 Your Protection Against Total Loss. Page 10 Contact. Page 11 Negotiations with banks are becoming increasingly difficult for many freight companies as the lines of credit and financing conditions are subject to constant change. Cargobull Finance is an ideal alternative. Our work starts where the banks stop Comprehensive know-how As a manufacturer, we have a precise knowledge of our products' value development. We accurately calculate the residual values and realistically estimate the operating and service costs. This extensive knowledge Group. The group has the highest rating of all private banks as evaluated by Moody s, Standard & Poors, Fitch and DBRS. The De Lage Landen leasing company has long-standing experience in commercial with individual and fair financing concepts! enables us to offer integrated and attractive leasing transactions with a focus on solutions for the trailer's entire life cycle transport companies. Together with this Core expertise: Trailer financing often with better conditions than financing strong partner, we developed the ideal Security and flexibility are critical when it services from outside the branch. financing concept your trailer. comes to the transport industry. This is why our calculations are made using Combined expertise straightforward costs. We have financed We have the global specialists for invest- more than 65,000 trailers throughout ment financing on our side: De Lage Lan- Europe in the last 10 years. Providing our den is a 100% subsidiary of the Rabobank customers with financial freedom.

3 3 Cargobull Finance All of the Benefits from a Single Source. Attractive Additional Services. Used-vehicle financing This also helps preserve the value of Our complete service is your added value An in-depth consultation with our finance experts is the first step on the path towards your tailored financing package. We ask about your daily business and your business plans for the future. Because we can only provide you with meaningful advice and the right recommendations when we completely understand your business. This also includes a liquidity check for your own protection. In addition to trailer financing, Schmitz Cargobull also offers you numerous extra services directly from the manufacturer. Complete service A one-stop-shop means less time and effort for you, more service and one single contact for all of your financing needs. You can look forward to rapid reaction times, less red tape and truly customised solutions. Extensive financing In addition to trailers, we also finance installations and services for your on-going business, such as your trailer s telematics system. We offer you Full Service contracts or the Cargobull Finance protection package. You also receive these benefits for Schmitz Cargobull Trailer plus used vehicles with the DEKRA seal, which you can purchase at the Cargobull Trailer Store. We not only have the right financing solutions for new vehicles our solutions for second-hand trailers are available with a duration of 24 months, in addition to classic financing options. You have the right to cancel the contract after three months. After this you may cancel the contract with a 30-day notice period. The financing services offered by Cargobull Finance for second hand trailers includes the Full Service and Cargobull Finance protection package. Full Service contract Complete service. With Full Service contracts from Cargobull Parts & Services you receive an individually tailored repair and maintenance package. Essentially a flat rate for your trailer. Through preventive service we minimise your risk of breakdown and the associated downtime, so that you can always deliver your freight reliably. You will your semi-trailer or trailer, and minimises the risk of unnecessary downtime. Reduce your fixed costs without abandoning your fleet's continuous maintenance. A Full Service contract from Cargobull Parts & Services provides premium service throughout Europe! TrailerConnect telematics system Markets are changing, efficiency and cost management have become the driving forces. At the same time there is an increasing need for transport transparency. Schmitz Cargobull provides you with flexible scheduling, optimal usage and constantly reliable planning. We offer you financing for the autonomous TrailerConnect telematics system mounted on Schmitz Cargobull vehicles. This sophisticated system safely and reliably monitors your freight. receive a reliable repair service plus original spare parts in 40 European countries.

4 4 Cargobull Finance Hire-purchase or leasing. Offer Comparison. An investment does not need to involve bound capital Today, liquidity, calculable costs and tax aspects are important factors in hirepurchase or leasing. Cargobull Finance will always provide you with reliable and independent information about your options. You will also benefit from the fact that we know, and take into consideration, the precise strengths provided by Schmitz Cargobull. This has a beneficial influence on the financing conditions. Criteria Hire-purchase Leasing / Contract Lease Balance sheet Hire-purchaser Leasing company Balance-sheet neutral investment No Yes Depreciation Yes No Ownership transfer Yes Depending on the contract type Operating expenses Depreciation + interest Leasing rate Fixed conditions Yes Yes Value Added Tax (19%) Due immediately, 19% of the sum of all rates 19% of the net rate

5 5 Cargobull Finance Hire-purchase. Create Value in Your Fleet. Financing The stress-free path to your own trailer Hire-purchase allows you to purchase a trailer and use it at the same time. Instead of immediately paying the purchase price, you simply pay later. For the duration of the financing period you pay interest and also pay off the purchase price. At the end of the leasing period, the trailer belongs to you. As a rule, the rate payments are lower than loan repayments and, assuming ownership of the trailer at the end of the duration, creates value for the company. This secures your liquidity. Convincing arguments for hire-purchase* Planning security Constant, monthly rates and durations tailored to meet your needs. Information benefits Regarding costs per kilometre and time period. Economic benefits You assume ownership of the vehicle after making the final hire-purchase payment. Your liquidity and your lines of credit remain unaffected. Tax aspects The full VAT amount can be deducted at the beginning of the hire-purchase period. The interest included in your monthly hire-purchase / rate payments is also tax deductible. The vehicle is added to your balance sheet as a fixed asset. All of the depreciations can be utilised. * The precise conditions depend on the legislation of the respective country. Further information can be found at:

6 6 Cargobull Finance Leasing. Only Pay for What You Use. Improve your balance Leasing is a balance sheet neutral investment. All of the instalments are classified as operating expenses and can be deducted in full. The resulting leasing payments correspond to usage. The financing Leasing benefits* expenses are distributed throughout the usage period and thus throughout the time in which the trailer generates income. This avoids preliminary financing and retains liquidity for other investments. In addition to low, calculable fixed rates, leasing with Cargobull Finance also offers a variety of additional options such as leasing with a service contract, with a purchase option or with a put option at the end of the duration. Maintains liquidity Maintains business freedom. Reduces the burden on credit lines. No use of own capital. Calculable costs Constant, monthly rates tailored to meet your needs. The leasing rate is not influenced by interest changes or rating changes over the long term and thus serves as a reliable calculation basis. Planning security With information about financial costs per kilometre and time unit. Tax aspects Leasing rates can be written off against tax immediately. Balance relationships remain unchanged. Leasing objects do not appear in the lessee's balance. Only the leasing rates themselves are noted as operating expenses on the profit and loss account. The equity ratio and the debt ratio remain unaffected. Individual contracts The duration, amortisation, payment plan and means of payment stipulated in the contract are tailored to meet your needs. * The precise conditions depend on the legislation of the respective country. Further information can be found at:

7 7 Cargobull Finance Contract Lease. As Flexible as Your Needs Safe entry, safe exit Our Contract Lease financing option also enables short durations along with our Full Service contract. In addition, the services can also be adjusted during the Contract Lease benefits* contract period to meet your needs. Contract Lease provides you with repairs, maintenance and service along with Cargobull Parts & Services Europe-wide service network with 1,200 authorised workshops. Liquidity Reduces the burden on credit lines. Investments without own capital. No deposit, low monthly payments. Highest cost transparency. Flexibility Short-term fleet expansion. Europe-wide service. Extendable duration. No residual value risk. Tax benefits Leasing payments immediately taxdeductible. Full Service Including trailer service, tyre service Cargobull Finance remains the owner and other services if required. when the contract expires. * The precise conditions depend on the legislation of the respective country. Further information can be found at:

8 8 Cargobull Finance Well Covered. The Protection Package from Cargobull Finance. Like all other movable investment assets, The Cargobull Finance Protection trailers are subject to constant risks on a daily basis. Whether force of nature, theft, human error or mechanical failure; there are numerous causes for defects on, or damage to, the vehicle up to and including total failure. That is why good protection for the vehicle is essential for a company's success. As such, Cargobull Finance has the right solutions, tailored to meet your needs. Package serves as your emergency parachute for these risks, so that your business does not come to a standstill. The Cargobull Finance protection package is available for all vehicles which you finance with Cargobull Finance. As a result, you receive complete protection which also covers the attached ancillary equipment such as the refrigeration unit and the tail-lift. We take on these risks: Theft and accident. Gross negligence, sabotage and vandalism. Fire, lightning and explosion. Storm, hail, flooding and snow loads. Construction, material and design faults. Operating faults and improper handling. Brake damage, breakdown and breakage resulting in the loss or destruction of the vehicle. Buckling and warping damage. Ferry transport damage (including total loss if the ferry sinks).

9 9 Cargobull Finance Your security. Protection Package Services. You can depend on it! In the event of unforeseeable damage, all of the costs incurred when repairing your vehicle are covered. Optionally, the residual book value is reimbursed in the case of an indemnifiable write-off (GAP- Cover). The consequential costs such as clearing up and disposal costs, sue and labour costs and the recovery costs are covered. Conditions for protection coverage* You adhere to all maintenance and operating instructions of the manufacturer. You assist in the clarification of the claim. In the event of damage, you are only required to pay an excess of 500 for comprehensive coverage and 150 for partial coverage. Damages resulting from, for example, war, already existing and known defects, operational wear and corrosion are not covered. Safe coverage throughout Europe Worry-free transporting, our concept gets to the heart of it. Our local partner workshop will take care of you in the event of your vehicle being damaged. All you have to do is report the case and our experts will take care of the protection matters. And best of all, you have already paid for everything via your fixed monthly rate. * This only represents a selection of the protection package options. The contract conditions alone are definitive.

10 10 Cargobull Finance GAP-Cover. Your Protection Against Total Loss. Residual debt Actual value as per expert appraisal Purchasing a trailer always represents a major, long-term investment. Its real value is calculated regardless of the amounts paid as part of the financing plan. That is why a total loss during the initial phase can leave your company with unexpectedly high costs. The GAP-Cover from Cargobull Finance prevents the unforeseen additional financial burden resulting from the loss of a vehicle. In the worst case, you can immediately replace your trailer and your business can continue. vehicle as with all new vehicles has decreased proportionally. The compensation provided by the protection is only focused on the value of the vehicle at the time and not on the overall costs involved with repurchasing, along with the gap risk without a maximum compensation limit provides your company with essential protection. That is why GAP-Cover is naturally a standard part of the financing and leasing services offered by Cargobull Finance. The GAP-Cover for the financial obligations arising from the financing contract optimally supple- The financing gap occurs because the finance. This difference between the hig- ments the Cargobull Finance protection entire residual debt must be paid off her residual debt and the lower actual package and helps you to optimise your immediately in the event of a total value of a trailer decreases over the protection expenses. loss. At the beginning of the financing course of the financing period until this period, in particular, only a few rates gap has disappeared. During the initial have been paid and the value of the phase of financing, in particular, covering

11 11 Cargobull Finance How to Find Us. Via Sales or directly, should you have any questions. Schmitz Cargobull Sales Germany Cargobull Trailer Center Berlin Robert-Guthmann-Str. 9 D Königs Wusterhausen Tel. : Fax: ctc.ost@cargobull.com Cargobull Trailer Center Augsburg Winterbruckenweg 27 D Friedberg-Derching Tel. : Fax: ctc.sued@cargobull.com Cargobull Trailer Center Hamburg Liebigstraße 103 D Hamburg Tel. : Fax: ctc.nord@cargobull.com Cargobull Trailer Center Neuss Welser Str. 8 D Neuss-Uedesheim Tel. : Fax: ctc.west@cargobull.com Always good advice. We are there for you with our own sales offices throughout Europe. Our experts can take care of your requests and questions. You receive extensive information and individually tailored offers. Cargobull Finance GmbH* Bahnhofstr. 22 D Horstmar Tel. : Fax: info@cargobullfinance.com Just give us a call. Your direct contact throughout Europe can be found on the internet. * Member of the Schmitz Cargobull Group

12 About us: Issued august We reserve the right to make changes. This publication is an international publication and may contain services that are not offered in certain countries. Technical changes are reserved. Vehicles show optional equipment. The statements are only valid for the Federal Republic of Germany at the time of going to press. Contact your Schmitz Cargobull contact partner and ask about the offers and services that are valid in your own country. Cargobull Finance GmbH Bahnhofstraße 22 D Horstmar, Germany Telephone Fax CBF-BRO-DEGB