Makino, Inc. offers a Rental Agreement in which you get short-term utilization
of Makino equipment, typically for a minimum term of twelve months. In addition,
you will have an opportunity to purchase the equipment or renew the Rental
Agreement upon its scheduled expiration. With a Rental Agreement from Makino,
you get two great options, Rent-to-Own Rental Agreement and a Month-to-Month
Rental Agreement.
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Rent-to-Own Agreements -
This program is ideally suited for those who think they might want to eventually buy the equipment. The Rent-to-Own option features low buyout purchase options, flexible rental renewal options and easy return options.
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Month-to-Month Program -
If you have no plans to buy the equipment at the end of the original rental period, The Month-to-Month program offers the convenience and simplicity of utilizing Makino equipment and the ease of returning the equipment at end of the rental period.
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Conserve your cash -
Makino may finance up to 100% of the purchase price of your equipment including sales tax.
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Off balance sheet financing for assets which depreciate rapidly-
EBO leases can often be designed as operating leases under FASB13. This enables you to substantially improve you ROA, avoid leverage restrictions, and potentially improve reported earnings.
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Avoid obsolescence -
Leasing provides a hedge against equipment obsolescence and inflation. By transferring these risks to Makino, you will enhance your flexibility to manage technological change and economic uncertainty.
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Maximize tax benefits -
If you are unable to currently use all the tax benefits of ownership, utilizing Makino's lease products may result in substantial cash savings to you.
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Preserve your credit line -
When you lease equipment through Makino, your credit line remains available for other needs.
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Match payment to revenue of cash flow
- We can structure a payment schedule that lets you pay for equipment with the revenue it generates or that matches the seasonality or timing of your cash flows.
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Pay competitive prices -
Our prices are competitive with those of finance and leasing companies across the country.
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Avoid capital budgeting constraints -
When divisional or corporate capital budget limits are imposed, the use of a lease often allows companies to obtain needed equipment without the challenges of seeking a capital budget "exception". Leases can be structured to remain part of an operation budget and be treated as a periodic expense.
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Rent-to-Own End-of-Term options -
At the End-of-Term point you may:
- Buy the equipment at the stated price, or
- Renew the lease for an additional period at a stated renewal rate for a stated period.
- Return the equipment to Makino.
If the lease is renewed, at the end of the extended lease term, you may:
- Buy the equipment at the fair market value, or
- Continue to lease the equipment at the then fair market rental, or
- Return the equipment to Makino.
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