{"id":10261,"date":"2022-05-02T01:27:26","date_gmt":"2022-05-02T01:27:26","guid":{"rendered":"https:\/\/www.findadistributor.com\/news\/?p=10261"},"modified":"2022-04-22T13:31:12","modified_gmt":"2022-04-22T13:31:12","slug":"jlg-financial-retail-lending-program","status":"publish","type":"post","link":"https:\/\/www.findadistributor.com\/news\/jlg-financial-retail-lending-program\/","title":{"rendered":"JLG Financial Retail Lending Program"},"content":{"rendered":"<p><a href=\"https:\/\/www.findadistributor.com\/item\/jlg-industries-inc\/\">JLG Industries Inc.<\/a> has expanded its <a href=\"https:\/\/www.findadistributor.com\/item\/jlg-industries-inc\/\">JLG<\/a> Financial retail lending program, now available to more equipment buyers, including end users and contractors, as well as rental houses and equipment distributors, in the United States and Canada.<\/p>\n<p>The program offers financing for purchases of $3,000 or more on new or used equipment (most makes and models, including competitive brands, reconditioned and certified equipment), attachments, accessories, and parts.<\/p>\n<p>\u201cWhen the original retail lending program launched in Fall 2018, it was available exclusively through rental companies and equipment distributors in the U.S. to support their customers\u2019 purchases,\u201d says Jonathan Oris, <a href=\"https:\/\/www.findadistributor.com\/item\/jlg-industries-inc\/\">JLG<\/a> finance manager.<\/p>\n<p>\u201cSince then, the program has grown significantly, including the addition of Canadian lending in 2019. Today, the program has evolved to offer various financing options, with industry-leading rates directly to customers in North America. To date, we\u2019ve processed 1,850 applications for over 100 brands of equipment and 250+ unique equipment models and attachments (new and used). Those applications have resulted in the funding of more than $100 million, enabling customers to acquire the new and\/or used equipment needed to run their business.\u201d<\/p>\n<p>With the expanded retail lending program, Oris says, business owners and end-users can directly apply for financing through <a href=\"https:\/\/www.findadistributor.com\/item\/jlg-industries-inc\/\">JLG<\/a> Financial via a simple online application. Once an application is submitted for approval, customers can get credit decisions via text, email, or phone in 90 minutes or less in most cases. He adds, that <a href=\"https:\/\/www.findadistributor.com\/item\/jlg-industries-inc\/\">JLG<\/a> Financial also achieves industry-leading approval ratios by working with multiple lending partners, including LEAF Commercial Capital, Inc. (LEAF) in the U.S. and CWB National Leasing in Canada.<\/p>\n<div id=\"attachment_10262\" style=\"width: 816px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-10262\" class=\"size-full wp-image-10262\" src=\"https:\/\/www.findadistributor.com\/news\/wp-content\/uploads\/2022\/04\/Screenshot-2022-04-22-at-14.20.50.png\" alt=\"\" width=\"806\" height=\"670\" srcset=\"https:\/\/www.findadistributor.com\/news\/wp-content\/uploads\/2022\/04\/Screenshot-2022-04-22-at-14.20.50.png 806w, https:\/\/www.findadistributor.com\/news\/wp-content\/uploads\/2022\/04\/Screenshot-2022-04-22-at-14.20.50-768x638.png 768w, https:\/\/www.findadistributor.com\/news\/wp-content\/uploads\/2022\/04\/Screenshot-2022-04-22-at-14.20.50-361x300.png 361w, https:\/\/www.findadistributor.com\/news\/wp-content\/uploads\/2022\/04\/Screenshot-2022-04-22-at-14.20.50-277x230.png 277w, https:\/\/www.findadistributor.com\/news\/wp-content\/uploads\/2022\/04\/Screenshot-2022-04-22-at-14.20.50-440x366.png 440w, https:\/\/www.findadistributor.com\/news\/wp-content\/uploads\/2022\/04\/Screenshot-2022-04-22-at-14.20.50-463x385.png 463w, https:\/\/www.findadistributor.com\/news\/wp-content\/uploads\/2022\/04\/Screenshot-2022-04-22-at-14.20.50-391x325.png 391w, https:\/\/www.findadistributor.com\/news\/wp-content\/uploads\/2022\/04\/Screenshot-2022-04-22-at-14.20.50-457x380.png 457w\" sizes=\"auto, (max-width: 806px) 100vw, 806px\" \/><p id=\"caption-attachment-10262\" class=\"wp-caption-text\">JLG has expanded its JLG Financial retail lending program.<\/p><\/div>\n<p>Once approved, the <a href=\"https:\/\/www.findadistributor.com\/item\/jlg-industries-inc\/\">JLG<\/a> Financial lending team works to customize financing options and tailor payment structures, including balloon, seasonal, or skip payments, as well as loans, leases or lines of credit, buy-outs, and step-up\/step-down opportunities, to best fit each customer\u2019s unique business needs. Since no two customers are the same, no two financing packages through <a href=\"https:\/\/www.findadistributor.com\/item\/jlg-industries-inc\/\">JLG<\/a> Financial will be the same.<\/p>\n<p>\u201cOur customers aren\u2019t just names and numbers in our system,\u201d explains Oris. \u201cWe get to know them and take the time to understand their business. We learn about the equipment they need and recognize how important these assets will be on their project sites. Gaining this deeper level of insight allows us to custom-build a package for each customer that includes competitive interest rates, financing, and terms.\u201d<\/p>\n<p>It is an unpredictable lending market right now, with interest rates going up nearly every day. \u201cTo help our customers get the best rates possible for their purchases, <a href=\"https:\/\/www.findadistributor.com\/item\/jlg-industries-inc\/\">JLG<\/a> Financial locks rates in for 30 days, publishing a fixed monthly rate card,\u201d says Oris. <a href=\"https:\/\/www.findadistributor.com\/item\/jlg-industries-inc\/\">JLG<\/a> Financial also offers subsidized rates on purchases of new <a href=\"https:\/\/www.findadistributor.com\/item\/jlg-industries-inc\/\">JLG<\/a> and SkyTrak equipment models.<\/p>\n<p>\u201cEquipment financing doesn\u2019t have to take a long time or be overly complex, especially when customers are ready to make a purchase. Financing retail purchases with <a href=\"https:\/\/www.findadistributor.com\/item\/jlg-industries-inc\/\">JLG<\/a> Financial is a great way for business owners to acquire the equipment they need while staying financially flexible,\u201d concludes Oris.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>JLG Industries Inc. has expanded its JLG Financial retail lending program, now available to more equipment buyers, including end users and contractors, as well as rental houses and equipment distributors, in the United States and Canada. The program offers financing for purchases of $3,000 or more on new or used equipment (most makes and models,&#8230; <a href=\"https:\/\/www.findadistributor.com\/news\/jlg-financial-retail-lending-program\/\" class=\"excerpt-read-more\">Read More<\/a><\/p>\n","protected":false},"author":3,"featured_media":10262,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[16,10],"tags":[3646,44,2620,7279,7280,1785,240,7149,7281],"class_list":["post-10261","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-homepage-featured","category-news","tag-aerial-lift","tag-aerial-lifts","tag-jlg","tag-jlg-financial","tag-jlg-industries","tag-mewp","tag-mewps","tag-skytrak","tag-skytrak-equipment"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>JLG Financial Retail Lending Program - Find A Distributor Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.findadistributor.com\/news\/jlg-financial-retail-lending-program\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"JLG Financial Retail Lending Program - Find A Distributor Blog\" \/>\n<meta property=\"og:description\" content=\"JLG Industries Inc. has expanded its JLG Financial retail lending program, now available to more equipment buyers, including end users and contractors, as well as rental houses and equipment distributors, in the United States and Canada. 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