CIDAN Machinery is dedicated to being your comprehensive machinery, software, and service partners in the sheet metal industry. While we do not currently provide in-house financing, our recommended financing company below offers easy and convenient ways to finance our equipment.
Did you know that buying equipment isn’t the only option? Financing is convenient and cost-effective way of acquiring machine tools to increase today’s demand and get the latest technology.
New financing available
Through our partnership with Apex Capital we are pleased to offer new payment structures that will help you keep low cash flow and move your business forward at the same time.
Finance Agreement (EFA)
Capital Lease (Lease to Own)
Deferred Payment Programs
New Business Programs
Apex Capital helps small to medium sized businesses nationally with a variety of financing options ranging from seasonal to deferred payment programs.
Advantages of leasing equipment
Balance sheet management
Financing 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.
Equipment lease financing allows you to acquire more and/or higher-end equipment.
Many financing 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.
Financing provides companies with the ability to keep pace with technology. You can upgrade or add equipment to meet ever-changing needs.
There are a variety of financing structures available, allowing you to customize a program to address your needs and requirements – cash flow, budget, transaction structure, cyclical fluctuations, etc.
With equipment financing, there is no down payment. The term of the lease can be matched to meet your cash flow needs.
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.
Financing also allows you to deduct 100% of the equipment cost as a business expense.
Equipment Finance companies are specialists in the financing this type of equipment. They will help each step of the way and ensure that you receive quality equipment with payments that work for you.
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.