INSTALLMENT SALE CONTRACT

Installment Sale Contracts cater to the customer who desires immediate equipment ownership yet wants to pay for the machine over an extended period of time. Trade-ins or down payments are typically included in these transactions.

Benefits:

  • You may claim the tax benefits of ownership - including depreciation and interest expense deductions. 
  • New and used equipment may be financed. 
  • The installment sale contract is our lowest total cost option for machine ownership.

Terms:

Length (new equipment): 1-5 Years
Length (used equipment): 1-4 Years
Finance Rate: Generally fixed (floating rates may be considered)
Down Payment or Trade-in: Generally required
Tax Benefits: Retained by customers
Payment Flexibility: Monthly, Quarterly, semi-annual, annual, seasonal, skip and accelerated payments.