CLARK's financial services program offers its dealers and customers the most favorable options in equipment financing.

CMHFS Introduces New "G.R.I.P." Initiative

Lexington, KY – March 25, 2010

CLARK Material Handling Financial Services (CMHFS) has recently announced a new residual value initiative know as the "Great Residual Incentive Program”" (G.R.I.P.). This new program features higher residual values and low interest rates which lowers lease payments for CLARK Customers. G.R.I.P. is available on 24 months or higher, residual value leases.

A significant advantage that G.R.I.P. offers CLARK Customers is the ability to save on residual leases through lower monthly payments on new equipment. In addition, G.R.I.P. provides lower monthly payments for shorter lease periods, thereby increasing customer flexibility with equipment schedules. Shorter lease terms are an important factor for customers especially in today’s economy, businesses must adapt quickly to changing business models and market conditions.

G.R.I.P. offers CLARK customers the best of both worlds - shorter lease terms and lower payment options, thereby providing savings for our customers and reducing their lease commitments. Monthly payments as low as $199 per month are available on a 3 year (36 months) residual lease as compared to competitors’ higher payments on a 5 year term.

For complete rules and details of the program please see you CLARK Representative, certain restrictions and limitations apply.

Short and Long Term Rentals
CLARK's programs offer a wide variety of financing options available through CLARK dealerships to best fit our customers financing needs. From short term monthly rentals to long term annual contracts, up to 72 months, our flexible financing programs are structured to best fit our customers’ requirements.

CLARK dealers provide all types of equipment for rent by the day, week or month. These units are available powered by gas, CNG, LPG, diesel and electric and can be equipped with various time saving attachments.

Short Term Rental provides temporary equipment for seasonal needs, peak periods and special projects without long term obligations.

Long Term Rental programs are also available through CLARK dealerships, customers may qualify for CLARK’s low finance rates up to 100% financing for finance terms of one (1) or more years. Accelerated or level payment plans are also available.

Retail financing programs
CLARK also offers a wide variety of customer financing programs that reduce customers’ monthly payments and lowers debt on their balance sheet. We provide a full service offering of commercial leasing options including both operating and capital leases, with great incentives such as 0% interest and subsidized programs available up to 84 months.

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Residual Leases (Fair Market Value)
CLARK offers a wide variety of options within residual leases, customers may take advantage of our low subsidized rate programs for short or longer term leases ranging from 24 to 84 months. Residual leases (also known as FMV leases) may qualify as operating leases and include the following benefits:

• Lower monthly payments than capital leases (purchase to own)
• Lease rates are fixed for the full term of the contract
• Customer pays only for the amount of the equipment useful life that is used during the lease term
• Customer may have the option to purchase the equipment at the end of the lease term at fair market value or return the equipment
• Increased tax benefits may be applicable (consult your tax advisor)
• Customer may combine equipment maintenance payments and lease payments into one monthly payment for convenience

$1 Buyout Leases
CLARK also offers flexible payment options to meet our customers’ equipment purchasing requirements, our low subsidized rates and longer payment term options make it affordable and convenient to purchase our equipment. Similar to residual leases financing is available up to 84 months. At the end of the lease term customers are able to purchase the equipment for $1.00. Equipment Financing Agreements (Master Lease) are available to qualified customers and provide the following benefits:

• Customer signs one master agreement which allows the addition of equipment at any time for various locations
• Customer conserves cash and makes monthly payments over a period of time

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Program Rates, terms and conditions
CLARK value proposition as the best value in material handling and our "Built to Last" reputation is reflected in our finance programs. Our no-hassle approach and fair process benefits our customers to make the right decisions in purchasing material handling equipment. We offer 0% financing programs and payment terms up to 84 months with low subsidized finance rates to make it convenient and affordable to purchase CLARK equipment. Contact your local CLARK dealer to find out how you can benefit from our interest free and other low rate financing programs. Financing programs and payment terms subject to credit approval, model specification, industry application, annual hourly usage, dealer participation, and any other factors as determined applicable by CLARK Material Handling Company.

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How to Get Started
Contact your local CLARK dealer for additional information on any of the above programs or benefits.

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