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Article: A money machine that likes to say yes: the sponsor of the best metal forming/fabrication machine tool category of the Metalworking Production Awards 2004, Close Asset Finance, is keen to make your assets work harder, whatever industrial sector you may be in.(metalworking production awards 2004)(Company Profile)
- Article from:
- Metalworking Production
- Article date:
- April 1, 2004
CopyrightCOPYRIGHT 2004 Centaur Communications Limited. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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REMARKABLY, one of the last things many would-be machine tool purchasers consider is how to finance the acquisition. Specifications and performance preoccupy their waking hours but the vital question of payment somehow eludes them. Or maybe they think it is going to be easy.
It probably has to do with the alacrity with which institutions offer credit to consumers. Penniless assistant trainee bottlewashers in a pub can easily secure a stack of store and credit cards providing endless lines of credit. But when the owner of a thriving business wants to buy capital equipment--a machine tool for instance he can easily be refused for a variety of reasons. Common ...