Machine tools are big-ticket items, so it's no surprise that they're normally acquired using some sort of financing. In addition to banks, financing can be obtained from machine tool OEMs and nonbank lenders known as finance companies.
Imported from the CTE archive to seed discussion on MFGAxis.
Originally published on CTE: 2017-01-15
CTE source: https://ctemag.com/articles/financing-your-next-machine-tool/
Legacy path: /articles/financing-your-next-machine-tool