Month: October 2019

Would your farm business benefit from a refrigeration trailer?

Investing in a refrigeration trailer can help farmers to safely transport fresh produce further afield.

Farming is going through a difficult time, facing challenges from all angles including political and economic instability, climate change and increased competition.

Farmers are being forced to diversify their businesses as much as possible and become resourceful with finding new income streams.

One affordable piece of equipment that can provide farmers with greater flexibility and freedom to get their produce in front of a larger audience is the refrigeration trailer.

A refrigeration trailer will provide your business with the practical means with which to transport produce further afield without any negative effect on quality or freshness.

Organic, artisan and speciality produce are popular with consumers, and every year hundreds of farmer’s fairs, markets and other events are held up and down the country for farmers to sell their produce at.

A refrigeration trailer provides the means to safely transport fresh produce further, allowing farmers to attend more of these events to boost their income and improve their brand’s visibility.

Why should farmers consider investing in a refrigeration trailer?

Benefits of investing in a refrigeration trailer for your farm business include:

  • Maintains the quality and freshness of your produce for longer for excellent customer satisfaction.
  • Prevents your produce from becoming contaminated.
  • Provides your business with more opportunities to make money by offering greater flexibility.
  • Environmentally-friendly and energy efficient.
  • Helps farmers to meet the guidelines set out by Environmental Health and Trading Standards.

For help financing the purchase of vehicles or agricultural equipment, speak to our team at Richmond Asset Finance on 0113 288 3277. We provide a variety of asset financevehicle finance and agricultural finance services to help your farm business to grow and develop. 

Signs that it’s time to replace or upgrade your overhead crane

Recognising when it’s time to upgrade your overhead crane can help your business to be more productive, save money, and meet safety standards.

Whilst investing in a new overhead crane may seem like a big expense, continuing to use an excessively worn or outdated model may be costing your business more than you realise.

Here are three common signs that it’s time to replace or upgrade your old overhead crane.

Parts are difficult to get hold of

If you’ve had your crane for some time, you may find that it becomes difficult and costly to source parts and components to repair it. This can happen for several reasons, including the OE manufacturer closing and the parts becoming obsolete because the model is no longer in production. This means it can become inconveniently long-winded, costly and complicated to source replacement parts when they become broken or worn. In this instance, it is often more cost-effective and efficient to simply upgrade your crane to a more modern model.

It frequently requires repairs

If your crane is constantly breaking down or in need of maintenance, regularly paying for new parts, labour and expensive production downtime will soon start adding up. When you take all the expenses, inconvenience and hassle into account, investing in a new crane may be the most sensible and cost-effective option.

Your requirements have changed

If your production requirements change, you may find that your existing crane can no longer keep up with, or is not capable of, your new demands. Whether that means lifting heavier loads, working faster, or with more precision, investing in a modern crane can help you to meet more advanced requirements and work more efficiently.

If you require help or advice with financing a new overhead crane, speak to our team here at Richmond Asset Finance by giving us a call on 0113 288 3277. We provide a range of flexible vehicle finance and asset finance services to help you to grow your business. 

Should you invest in the new Claas Lexion combine harvester?

Farmers investing in the new Lexion combine can gain 10% more capacity whilst also saving time and money.

24 years on from the launch of the original game-changing Claas Lexion combine harvester, Claas have launched their new generation of Lexion Hybrid combine harvesters.

When the original Lexion was introduced it changed the way in which crops were harvested and now accounts for around 75% of all hybrid and rotary combines sold in the UK.

The new, more powerful Lexion 8000-7000 series combines can help farm businesses to streamline harvesting to save time and money.

Blake McOllough, Product Manager of Claas America said: “The redesign brings together significant engineering advancements from Claas that deliver on the superior productivity that today’s ag business demands, offering the best return on investment and allowing the operator to get more done in less time.”

Key benefits of the new hybrid Claas Lexion combine harvester

Improved fuel efficiency – The new Lexion hybrid combines are fitted with a Dynamic Power Intelligent engine management system which automatically adjusts engine power output dependent on load to provide excellent fuel efficiency.

Improved belt life – The Lexion 8000-7000 models feature an improved clutch system to engage and tension the belts, resulting in improved belt life.

Increased harvesting capacity – The new APS threshing system features a threshing drum which is 26% larger than that of the current Lexion 780 and features ten rather than eight rasp bars. The new model threshes out 70% of grain and leaves just 30% for the secondary separation system. This allows the new Lexion models to deliver 10% more capacity than previous models.

Higher grain tank capacity – To cope with the higher output, the new Lexion also features a huge 18,000l grain tank.

Reduced maintenance – The new model’s dynamic cooling and central lubrication system mean maintenance time is cut by more than half.

More precise data – The new Lexion combine harvesters uses a pressure cell to collect data for more precise record keeping and yield mapping.

Soundproofing – Operators can enjoy a larger, soundproofed cab for a more comfortable ride.

If you require help or advice with financing a new combine harvester, speak to our team here at Richmond Asset Finance. We provide a range of flexible agricultural finance and asset finance services to help you to grow your business. 

To discuss your requirements in more detail, give our team a call on 0113 288 3277.

How to reduce the cost of your HGV fleet

Use these three ideas to cut the running costs of your business’ HGV fleet whilst also improving productivity and efficiency.

Many businesses that operate vehicles are currently facing challenges that mean they are under pressure to cut their fleet’s running costs.

Some of the key challenges facing transport operators today includes:

  • Rising fleet costs.
  • Driver shortages.
  • An unstable economic climate.
  • Market uncertainty.

In order to successfully cut costs, businesses must be creative and resourceful in how they operate. 

Here are three ideas for effectively reducing the cost of your HGV fleet.

Update your fleet

Spending money on new vehicles may sound a little counterintuitive, but old and inefficient vehicles can be a real drain on resources. Not only do old and tired vehicles need more regular repairs and maintenance, they can also eat up a lot more fuel than modern vehicles.

Modern HGVs are generally safer, more comfortable to drive, and considerably more fuel efficient. The money you safe on maintenance and fuel across your fleet will mean that your investment is likely to soon pay for itself.

Driver training

Your team of HGV drivers are largely responsible for many of the costs associated with running your fleet, their behaviour can have a significant impact on fuel consumption, repairs and maintenance, and insurance costs.

 Ensuring that all drivers receive adequate training, performance monitoring, and regular reviews can help to keep the cost of your fleet down.

Fleet management

Investing in fleet management software can help your fleet to become more organised, efficient, and cost-effective.

Fleet management software uses data and real-time information to monitor traffic and help your drivers to plan the fastest and most efficient routes, saving your business fuel, time and money. It will also track and log information about each of your drivers and their performance to use during training to help improve performance ongoing.

If you require financial help or advice with updating your HGV fleet, speak to our team here at Richmond Asset Finance by giving us a call on 0113 288 3277. We provide a range of flexible vehicle finance and asset finance services.