SCM Equipment Financing is the industry leader in woodworking equipment financing. As a specialized division of SCM North America, SCM Equipment Financing helps customers acquire the equipment they need to increase productivity and capitalize on business opportunities.
This company finances mainly SCM and DMS machinery, as well as new and used equipment from other manufacturers in the woodworking and machine tool industries.
Anthem Capital Group, Inc. is a full-service finance company specializing in financing equipment for manufacturing companies throughout the United States and Canada. Anthem Capital offers attractive rates and programs for qualified applicants. Your company may be eligible for the following terms:
• No financials needed for applications up to $500,000
• Rates lower than many banks
• The ability to finance up to the entire machine cost including freight, installation, other associated equipment and soft costs
• Deferred payment plans
You may be surprised at how low the monthly payment may be. It is also possible to structure a loan or lease with lower payments initially until you can ramp up production and associated revenue. Please call our partners for a quote.
First of all, you may be pleasantly surprised, as many companies have been, with our partner’s rates and terms. Secondly, there may be a limit to how much your bank will lend your company. If you have future plans that may involve increasing your borrowings, you may want to use our partner’s to avoid using up additional credit capacity with your bank.
Anthem has a cost-effective program for DMS and FMT customers in that situation. Anthem can potentially finance your machine for you with terms you may find difficult to match. Once your credit situation improves, if you would like to pay off the loan, you don’t have to worry about getting charged a big early payoff penalty. As long as you keep the loan in place for at least 12 months, you can pay it off at any time.
Not sure if you want to buy a machine but you want to try it for a specific period of time? Ask Anthem to price a rent-to-own program tailored to your requirements. A portion of your payments will be applied to the purchase price. This allows you flexibility while building equity in your machine if you elect to purchase it or convert the rental plan to a loan.
For SCM Equipment Finance, contact the team at 1-800-292-1837 or financing@scmgroup.com. For Anthem, just contact Larry Moller at Anthem Capital Group, Inc. at 866.304.2733 or Larry@anthemcapitalgroup.com. It may be as simple as completing a one-page credit application.
