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Products and Services MTC Equipment Finance specializes in financing
for the manufacturing industry. We work hard at staying current with the industry and
it’s constantly changing policies, technology and equipment values.
MTC Equipment Finance provides a wide array of products and services to
support the equipment acquisition needs for customers of distributors and equipment
manufacturers nationwide. From a small job-shop working out of a garage to a Fortune 500
Company, MTC Equipment Finance is committed to providing competitive and flexible financing
alternatives for your specific business.
Here are some of the things we can do for you....
- Simple Credit Application-only up to $350,000
- Financing over $350,000 is also Easily Provided - Requires Full Credit
Package, Including Financial Statements
- New and Used Equipment Financing
- Financing in all 50 States and Canada
- Flexible / Seasonal / Quarterly / Standard Repayment Terms Offered
- Market Competitive Rates
- True Tax Leases
- Capital Leases with $1.00 and Fixed Purchase Options
- Loan Agreements
- Rental Agreements
- Accounts Receivable Factoring
- Upgrades and Add-ons to Existing Leases
Benefits of Leasing
Through leasing, you can enhance your company's ability to grow and make
it more competitive. Other potential benefits include:
Improved Cash Flow: You can structure payments to parallel your cash
flow or seasonal business cycle.
Immediate Use of Equipment: Monthly payments allow you to use your
equipment immediately for a fraction of the cost of a purchase.
Flexible Terms and Payment Schedules: Leasing gives you the option of
designing payments to meet your cash flow cycle, reimbursement funding cycle or projected
utilization. In a typical lease arrangement, terms can range from 12 to 84 months or more
generally, the longer the term, the lower your monthly lease payment. (Fixed payments
allow you to lock in payments now, so you can avoid the risk of inflation in the future.)
Inclusion of Associated Costs: You may be able to include 100% of the
project including soft costs such as shipping, installation, software and training in your
lease agreement. These costs can be apportioned equally over the term of the lease. This
arrangement enables you to forecast your cash flow with greater accuracy since you avoid
paying these expenses in one lump sum.
Protection Against Obsolescence: With today's rapidly changing
technology, equipment frequently becomes obsolete within a couple of years or sometimes
just a few months. Leasing allows you to turn the equipment back in at the end of the
term and upgrade to something new.
Tax Advantages: You may be able to deduct monthly lease payments
off-balance sheet as an operating expense or capitalize them and take the depreciation,
depending on the type of lease.
Improved Balance Sheet Ratios: Unlike traditional methods of financing,
many operating lease obligations are not capitalized, which can improve balance sheet
ratios.
Preserves Existing Bank Lines: You can keep your bank lines or bank
exposure open for other, non-equipment items that might come up.
MTC Equipment Finance
101 West Washington Street
Suite 1140 East
Indianapolis, IN 46204
Office: 317-781-4682
Toll Free: 866-781-4MTC
Fax: 317-781-5698
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