HEVI Corp. (“HEVI” or the “Company”), a manufacturer of all-electric heavy equipment, today announced it is partnering with the National Energy Improvement Fund (NEIF) to provide equipment financing. Through this partnership, HEVI customers will be able to take advantage of a streamlined, specialized financing program for the purchase of HEVI’s all-electric heavy equipment.
The Company believes that financing the purchase of HEVI’s all-electric heavy equipment offers several advantages, such as better cost management, tax benefits, access to HEVI’s advanced technology, increased productivity, and mitigation of depreciation. Additionally, for customers aiming to lower their carbon footprint, the Company believes financing can facilitate the transition to eco-friendly equipment, helping them meet their sustainability goals.
Raymond Wang, CEO of HEVI, commented, “We are excited to announce our partnership with the National Energy Improvement Fund. Their exceptional track record of supporting customers nationwide significantly influenced our decision. Through this collaboration, we will introduce a quick and straightforward financing program designed to enhance and simplify the purchasing and ownership experience of HEVI’s all-electric heavy equipment. Financing will enable customers to manage their cash flow more effectively by distributing the cost over time. This initiative addresses a common barrier for customers and is anticipated to boost sales, supporting our objective of accelerating revenue growth.”
Matthew H. Brown, Co-Chair and Founder of National Energy Improvement Fund, “HEVI’s rapidly expanding industrial vehicle franchise aligns perfectly with our broader corporate mission of helping customers combat climate change through sustainable solutions. We purposely designed our financing program to be fast and easy for customers, which in turn will make purchasing HEVI’s all-electric heavy equipment an even easier decision for customers.”