Financing your new machine

Financing your new machinery purchase can profit your business in several ways. Instead of writing a $50,000 check, you can pay $1,700 a month and write off the payment, which will decrease your taxable income. For a lot of companies, $1,700 a month is probably easier to swallow than the prospect of writing a check for $50,000.

Why not let the equipment pay for itself? By leasing your new machine you can get the model and options you want without hurting your cash flow. Also, the payments you make can be tax deductible. Finance leasing offers low, monthly payments over a long term payment schedule which means the payments are made from the profits generated by your machine. Dimension Funding can structure your lease one of several ways to fit your specific needs.

Types of Leases

Fair Market Value

Provides lowest possible payments
Allows you to deduct 100% of the payment from your taxable income
Gives you the option of purchasing the equipment at the end of the term at fair market value or returning the equipment (There is no obligation to purchase the equipment at the end of the term)
Offers the best option if you plan to use the equipment or software for 3 years or less

10% Purchase Option

Provides lower payments than the $1 buyout option
Allows you to deduct 100% of the payment from your taxable income in most cases
Gives you the option of purchasing the equipment for 10% of the original funding amount or returning the equipment (There is no obligation to purchase the equipment at the end of the term)
Offers end of lease flexibility and a pre-determined purchase price

$1 or $101 Purchase Option

Transfers ownership of the equipment to you at the end of the lease term
Requires the lease payments to be deducted as a capital expense
Protects cash reserves by simplifying budgeting with fixed monthly payments
Offers best option if you plan to use the equipment for more than 5 years

How It Works

Print out the Dimension Funding credit application or apply online.
After completion, please submit online, or fax back to Dimension Funding at 949-757-0663, along with your equipment quotation(s) (if available). You will be contacted immediately to confirm receipt.
You will receive a proposal detailing the terms & conditions of your lease.
Upon lease approval, formal documents will be sent via e-mail or overnight mail for your signature.
Upon receipt of executed lease documents, purchase order(s) will be issued to Machines in Motion Inc. authorizing delivery of your machine.
After your machine has been delivered & set up, Dimension Funding will contact you to confirm receipt of your new machine tool(s), at which point Machines in Motion will be paid and your lease will commence.

Dear Customer:

I work directly with John Gallagher at Dimension funding. You can reach John at 1 800 755-0585 ext. 244.
Dimension funding is a very reputable firm to work with. If financing is the answer to acquiring the machinery your business needs you can count on John to handle your business quickly and professionally.

Doug Laursen
President
Machines in Motion Inc.