Komatsu announces “mates rates” deal: three-year 1.99% finance package

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Updated: August 16, 2013

Komatsu Australia has announced a three-year low-rate finance package of just 1.99% through its Komatsu Finance operation, covering all new Komatsu construction and utility equipment quoted and ordered between August 1 and October 31, 2013.

The new “Mates’ Rates” finance package is available to eligible customers throughout Australia and New Zealand.

According to David Small, Komatsu’s GM Construction and Utility, the “Mates’ Rates” finance package is the longest-lasting extended low finance rate package on the market.

“Other suppliers are offering low rate packages, but these last only 12 months, after which the rate jumps up significantly,” he said.

“In comparison, our ‘Mate’s Rates’ package ensures that the overall life cycle cost of Komatsu equipment is lower than our competitor’s equivalent products – and that’s before taking into account our lower overall costs of ownership through our improved levels of reliability and durability,” said Small.

“When comparing equipment finance options, customers should look at their monthly repayments over the entire three years of a finance package – not just the first 12 months,” said James Dwyer, General Manager, and Business Development – Komatsu Corporate Finance Australia (Komatsu Finance).

“And because this package is available through Komatsu Finance, it is a truly no-fuss solution to machine owners,” he said.

The benefits of using Komatsu Finance included:

·         Competitive rates

·         No brokerage fees

·         Availability of pre-approved finance

·         Easy documentation based on establishing a master agreement for future acquisitions

·         A range of financing products and terms to suit each customer’s financial situation

·         Preservation of banking facilities for other activities.

All new utility and construction class equipment sold by Komatsu Australia is covered by the new package, being:

·         D31-D275 dozers

·         PC18-PC850 excavators

·         WA65-WA700 wheel loaders

·         HD325-HD605 rigid dump trucks

·         HM300-HM400 articulated dump trucks

·         WB93-WB97 backhoe loaders

·         GD555-GD655 graders

·         BR380 mobile crushers.

To be eligible, a machine must be quoted and ordered between August 1 and October 31, 2013 and be delivered prior to November 30, 2013.

Komatsu Finance Terms and Conditions apply http://www.komatsu.com.au/Pages/Terms-and-Conditions.aspx

“Call your Komatsu representative today for more details on this amazing offer,” said Small.