Air Technology Group, a compressor supply company, has devised an easy way to purchase a compressed air package for your business.
The company has developed several innovative in-house finance facilities to simplify the purchase process.
Basic lending criteria apply, but pre approval can be done in the field with a very basic application form.
The finance is offered at competitive rates because the purpose of the facility is to supply the machine rather than to sell the finance.
Two types of finance are available:
- Normal HP or similar. This can be for any amount from $8000. It also incorporates a service contract.
- Rental program. This is for machines between $8000-$20,000 in value. With the rental scheme machines are not included in your balance sheet. Weekly payments are applied to the initial purchase value and these are fully tax deductible. The machine is rented for a minimum of one year with a small residual payout, or can be rolled over for two or more years with no residual.
For example if you choose a 15kW, 20hp, 70.7cfm compressor with 500ltr tank, filters and dryer, the package can be rented for $175 a week.
This rental innovation frees up working capital for the business. It also presents an opportunity to improve production with much needed new equipment without pulling cash out or having a liability on the books for five years preventing other borrowings.
For more information contact:
Air Technology Group
Ph: 1300 555 284