Komatsu streamlines credit options for small equipment
Komatsu Corporate Finance has changed its credit policy for smaller equipment, up to a value of about $200,000, to make it easier for customers to access credit.
“The aim is to make transacting easier for our smaller-sized deals so that once they have chosen a Komatsu product, if they know they can get funding from Komatsu Corporate Finance, they can commit to the purchase,” said James Dwyer, the company’s General Manager Business Development.
“We don't charge establishment or commitment fees which is a significant differentiator from the banks. Nor do we charge brokerage.”
The company says the changes recognise that smaller deals must be treated in a more streamlined and less complicated manner. It will also assist in a drive to increase the funding of utility-sized machinery, especially in Victoria and NSW.
JCB launches hydraulic excavator quickhitch
JCB has released the Surelock Quickhitch for hydraulic excavators, which allows operators to safely change between buckets and attachments without leaving their seat.
The system includes a boom/arm safety sensors system that only allows the driver to unlock the hitch when the bucket/attachment, arm and boom are in a safe working position.
It also features a double locking system that includes a primary hydraulic system and a secondary mechanical system. The mechanical system is positively locked from the moment the hitch snaps onto the front pin. The rear pin is secured by the main locking jaw, which is also positively locked by the independent locking plate. Once attached, the bucket or attachment remains secure, even in the event of hydraulic failure.
The Surelock Quickhitch system is standard on new JCB JS-series excavators from the JS130 to the JS460 and is available as an aftermarket option on older machines.