Applying for equipment financing is easy.
Many options are available, and we can help you decide between leasing and financing. The most common is a 5-year, $1 buyout lease with the first and last payment due at signing.
Why Finance Through Colonial Saw
- Avoid large down payments - Getting a machine with very little upfront cash outlay allows you to make money with it immediately.
- Easy - One-page application for financing up to $250,000. Approvals within 24 hours.
- Good rates - Our rates are the lowest in the industry and can even be lower than a direct bank loan which requires significant cash down and a complicated approval process.
- Preserved credit lines - Most financing is off-balance sheet, meaning it does not affect your existing credit line.
- Fixed cost - Rates are fixed, protecting you from inflation and volatility.
- 12-72 month terms.
- Customized payment structures.
To estimate your monthly payment, multiply 0.02 times the machine price. For example, a $50,000 machine would have a monthly payment of $1,000.00.
Call us for more information: 781-585-4364