Advantages of FINANCING
Financing equipment is an affordable solution to help your business become more productive and profitable. Here are some of the benefits:
- Preservation of working capital: Financing requires little or no cash outlay.
- Match payment to cash flow revenues: We can structure a payment schedule to match the timing of your cash flow and allow you to pay for your equipment with the revenue it generates.
- Fixed Payments: Finance payments are fixed for the length of the contract.
- Flexible terms: Finance terms can be structured to meet customer needs with 12 to 84 month terms, up to 120-day deferred or step payment plans, EFA, $1.00 or fixed purchase options, early buyout options, capped FMV options and rental programs.
- Obsolescence protection: Business growth, advances in technology and organizational changes can all make existing equipment obsolete. Financing enables customers to modify and upgrade equipment quickly and efficiently.
An MFR representative will be happy to walk you through your machine tool financing options.