Rental Programs

Makino, Inc. offers a Rental Agreement in which you get short-term utilization of Makino equipment, typically for a minimum term of 12 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 can choose from two great options: a Rent-to-Own Rental Agreement or a Month-to-Month Program.

How You Benefit

Rent-to-Own Agreement
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.

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 along with the ease of returning the equipment at end of the rental period.

Conserve your cash
Makino may finance up to 100 percent of the purchase price of your equipment, including sales tax.

Off-balance-sheet financing for assets that depreciate rapidly
EBO leases can often be designed as operating leases under FASB13. This enables you to substantially improve your ROA, avoid leverage restrictions and potentially improve reported earnings.

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.

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.

Preserve your credit line
When you lease equipment through Makino, your credit line remains available for other needs.

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.

Pay competitive prices
Our prices are competitive with those of finance and leasing companies across the country.

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.

Rent-to-Own End-of-Term options
At the End-of-Term point you may:

1. Buy the equipment at the stated price, or
2. Renew the lease for an additional period at a stated renewal rate for a stated period, or
3. Return the equipment to Makino.

If the lease is renewed, at the end of the extended lease term, you may:

1. Buy the equipment at the fair market value, or
2. Continue to lease the equipment at the then fair market rental, or
3. Return the equipment to Makino.

 

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CONTACT INFORMATION

Makino Capital Services
7680 Innovation Way
Cincinnati, OH 45040
E-mail: financing@makino.com