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Beyond direct sales of SMT and Semiconductor equipment, we provide two additional programs to help you get the right equipment at the right time.
Leasing
Leasing is available on both new and used equipment. Leases are typically 18 months or longer and can be up to 5 years in length and require prior credit approval.
The decision to lease can be made after new equipment is ordered, or even after the equipment is delivered to your site.
WHEN TO LEASE
One major benefit of leasing is that it can protect you and your company from technology obsolescence. In 3, 4, or 5 years your equipment will either be obsolete, too slow or take up too much space in your factory for the amount of production you receive. Leasing gives you the ability to migrate to newer equipment and many times this migration does not cost any more per month.
Leasing often comes from a different budget than capital expenditures. Leasing may be available in your company when capital purchases are not available.
Leasing helps cash flow by reducing the amount of up front cash required for purchase of new equipment. Just think of the other ways you could grow your company if you could improve your cash flow.
Leasing is an effective tool to positively impact return on investment (ROI) and return on equity (ROE).
You can improve your companies balance sheet by leasing which may qualify as off balance sheet financing.
Contact us to design a program just for you.
Rentals
Rentals are typically 3 to 18 months in duration and require advance credit approval.
WHEN TO RENT
Need the equipment to reduce overtime or meet your customer's needs but cannot quite make the commitment for capital equipment expenditure.
You have a significant short term contract, but you do not need the long term capacity increase.
You need extra equipment to win a new, short-term contract.
You need equipment to prove out a process or build prototypes?
Contact us to design a program just for you.
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