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12 Feb 2009
Farmington, Conn., February 4, 2009 – Through TRUMPF Finance, companies can experience the many benefits of using a TRUMPF machine—such as increased efficiency, faster set-up and superior quality—while making manageable monthly payments over a period of time. First launched in Germany, then expanded to the rest of Europe in 2005, the program is now available in the U.S. and offers several options for meeting specific customer requirements.
"Financing has always played an essential role when it comes to the purchase of capital equipment," says TRUMPF’s Janet Barone, manager, customer contracts and financing. "However, it is often difficult in this current economic climate to secure the funding that enables businesses to purchase needed equipment," she explains. "With an in-depth knowledge of TRUMPF machines, we have a better understanding of the value of the equipment than do other lenders."
Through TRUMPF Finance, a TRUMPF-owned company, customers can realize several benefits, which include:
* improved cash flow
* preservation of working capital
* better management of the company’s bottom line
* tax advantages
* streamlining of the purchasing process
* preservation of bank lines of credit.
Funding options through TRUMPF Finance include:
* loans or $1 out leases
* finance lease with balloon
* delayed payment lease
* seasonally adjusted lease
* residual leases.
Barone emphasizes that TRUMPF Finance does not simply offer turn-key solutions, but that it enables TRUMPF to tailor options to the specific needs of each customer.
TRUMPF Finance programs are available for new and existing TRUMPF customers.
Terms through TRUMPF Finance are generally 24 to 84 months in length, with a 10 percent deposit down; however, 100 percent financing is available in certain circumstances.
For more information please contact Janet Barone at 860-255-6509 or leasing@us.trumpf.com.
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