Manufacturing Blog

How Manufacturers Are Getting Year End Discounts Now, but Paying in 2017

How Manufacturers Are Getting Year End Discounts Now, but Paying in 2017

10/28/2016

Year-end discounts from vendors are enticing, but many manufacturers have already spent their annual budget. Fortunately, manufacturers can take advantage of year end vendor discounts while using next year’s budget – the solution is leasing.
 
With a lease or finance agreement, the equipment you need can be ordered this year yet you do not need to make any payments until 2017.  In addition, leasing equipment offers manufacturers flexibility… From term length, to monthly payment amount, to ownership, and even to the start date of payments.

The process is simple; all you need is a quote for the equipment. Talk to a First American relationship manager about the best options for your organization.  Once you choose the appropriate term and structure, a purchase order for your equipment can typically be placed in just a few days.
 
Benefits a Leasing and Financing Company Can Provide:

  • A vehicle to acquire your equipment now, with no payments until next year.
  • Access to low rates: Lower your payments to reduce cash disbursements.
  • Vendor neutrality: Select the equipment that meets your current needs, even across multiple vendors and asset types.

 
Contact First American to discuss how we can help your organization acquire the equipment you need with year-end discounts. 

Read more information about services manufacturers use to address their challenges. - See more at: http://www.faManufacturingFinance.com/Services

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First American Commercial Bancorp, Inc. is a wholly-owned subsidiary of City National Bank. Deposit products and services are offered by City National Bank Member FDIC. City National Bank is a subsidiary of Royal Bank of Canada. “First American Equipment Finance” is the trade name for certain equipment leasing and finance businesses of First American Commercial Bancorp, Inc. and its subsidiaries. Equipment financing transactions are provided in Canada by FA Equipment Finance, Inc. For California clients: Loans made or arranged pursuant to a California Finance Lenders Law license. All transactions are subject to credit approval. Some restrictions may apply. All trademarks are the property of their respective owners.

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