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| - Leasing - |
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| Are you looking for ways to conserve cash? |
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| Would you like to reduce your capital investment? |
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| Can immediate use of equipment with no down payment improve your bottom line? |
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| If so, you may be a candidate to join the many businesses who
are realizing the benefits of equipment leasing. As a referral
from Northern Insurance Agency, you can gain access to a leasing
or equipment loan program through CFC Investment Company, an
affiliate of the highly rated Cincinnati Insurance Companies
group. They can provide flexible terms for leases or loans to
acquire equipment in the commercial, industrial, or medical
area. |
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| Equipment Loans and Leases |
| Equipment loans and leases are one-time loans secured by the
specific equipment you purchase. |
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| The term is structured to the useful life of the equipment. For
example, a business owner might obtain a 36-month term for a
computer system that will most likely become obsolete within
that time period and a five- to seven-year term for equipment
that has a longer useful life. |
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| Advantages of Equipment Leasing |
| Eliminates initial out-of-pocket costs
Frees cash for more productive uses
Hedges against technological obsolescence
Reduces capital investment
Protects existing credit lines
Allows immediate use of equipment with no down payment
Improves balance sheet
Accelerates write-off
Eliminates depreciation scheduling
Produces possible tax savings
Accommodates flexible payment schedules |
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| Equipment Lines of Credit |
| If you plan to purchase several pieces of equipment over the
next year, consider getting pre-approved for a 12-month
equipment line of credit. The year-long period provides
flexibility in planning purchases and allows you to stagger
purchases throughout the year. |
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| If you expect to be in the market for any type of equipment over
the next year, you may find that talking to CFC Investment
Company before the financing is needed presents definite
advantages. Often, salespeople will offer you a better price on
the equipment if they know you have already arranged financing. |
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| With an equipment line of credit, each purchase is financed as a
separate loan or lease, so you draw exactly what you need for
purchases and pay back only what you borrow. |
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| Once approved, accessing an equipment credit line is easy. In
most cases, all you do is fax or mail an equipment invoice, and
CFC Investment Company will pay the vendor directly, typically
within 72 hours. |
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| Getting Started |
| The application process is simple and can be done by completing
the “Request For Equipment Financing Proposal”. Simply complete
the short form and submit. You will be furnished a tentative
proposal within 48 hours. We look forward to assisting in your
equipment financing needs. |
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| - Contact Us for more information on Equipment Financing or
click
here to Request Equipment Financing. - |
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