Financing

Finance your purchase with SCM Equipment Finance

 

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.

Contact us at 1.800.292.1837 or email financing@scmgroup.com today to speak with a representative today.

To learn more on how SCM Equipment Finance can help you pay for your manufacturing needs, look at the monthly savings calculator and the Section 179 calculator below. 

Finance your purchase with Anthem Capital

 Anthem Capital, is able to offer special terms for qualified applicants during these challenging times. Your company may be eligible for the following terms:

  • Deferred payments for up to 3 to 6 months
  • Less than 4% interest rate for qualified applicants for loan amounts of $200,000 or more
  • 4.50% interest rate for qualified applicants for loan amounts of $50,000 to $199,999

Anthem Capital Group, Inc. is a full-service finance company offering attractive equipment leasing and equipment financing packages for small to medium-sized businesses throughout the United States and Canada.

Contact Larry Moller at 866.304.2733 to see if you qualify, or complete the Anthem Capital online application  to get started.

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Anthem Program Overview

Anthem Capital Group, Inc., a company who has financed equipment for numerous DMS and FMT customers over the past several years, has some very attractive financing options available.

Whether you have a great relationship with your bank or are seeking a more flexible financing source, Anthem can help.

Capabilities include:

  • Rates comparable to possibly lower than bank rates for qualified applicants
  • Application processing in as little as 1 or 2 days – loan and lease options
  • Financing for newer businesses and companies in a turnaround situation
  • Terms up to 5 years (up to 7 years on a case-by-case basis)

 

Frequently Asked Financing Questions

I'm not sure I can afford a new machine.

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.

My bank offers great rates and terms, why should I consider these programs?

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.

What if my company has been turned down by my bank and other lenders?
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.
Ask about a rent-to-own option.
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.
What is the process?

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.

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