CIDAN Machinery is dedicated to being your comprehensive machinery, software, and service partners in the sheetmetal industry. While we do not currently provide in-house financing, our recommended leasing company below offers easy and convenient ways to finance our equipment.
Did you know that buying equipment isn’t the only option? Leasing is convenient and cost-effective way of acquiring machine tools to increase today’s demand and get the latest technology.
Recommended Leasing Companies
Apex Capital finances a variety of equipment for small to medium sized businesses nationally.
- Finance Agreement (EFA)
- Capital Lease (Lease to Own)
- Operating Lease
- Working Capital
- Deferred Payment Programs
- New Business Programs
Advantages of Leasing Equipment
Balance Sheet Management
Leasing can help you better manage the balance sheet and improve the overall financial picture. It does this by conserving operating capital and freeing up working capital. It also allows bank credit lines to be more available for inventory, expansion and emergencies.
With equipment leasing, there is no down payment. The term of the lease can be matched with the useful life of the equipment.
Equipment lease financing allows you to acquire more and/or higher-end equipment.
A lease provides the use of equipment for specific periods of time at fixed payments and it assumes and manages the risks of equipment ownership. At the end of the lease, the lessor disposes of the equipment, making it a simple and convenient process for you.
Many Leasing companies include installation, maintenance and other services to their leasing process. It helps to take the burden off of you and ensures that your equipment is always up and running.
Leasing also allows you to deduct 100% of the lease payment as a business expense.
Leasing provides companies with the ability to keep pace with technology. You can upgrade or add equipment to meet ever-changing needs.
Leasing companies are specialists in the equipment leasing process and in financing. They will help each step of the way and ensure that you receive quality equipment with payments that work for you.
There are a variety of leasing products available, allowing you to customize a program to address your needs and requirements – cash flow, budget, transaction structure, cyclical fluctuations, etc.
Proven Equipment-Financing Option
Over 30 percent of all capital equipment in the United States is acquired through leasing. In fact, eight out of 10 companies lease their equipment.