CNC Lathe Finance

Finance your CNC lathe

CNC lathes are easy to set up, offer great repeatability and unchallenged accuracy, so they can be a great asset to your business.

Thanks to technology, CNC lathes are quickly replacing some of the older, more traditional production lathes, like the multispindle.

We can arrange funding for the purchase of a new or used CNC lathes or look at options like restructuring existing finance agreements to unlock cash for your business.

What is CNC lathe finance?

Financing CNC machinery upfront requires a significant investment, and it is typically preferable for businesses to preserve their capital where possible. CNC lathe finance offers you several options to invest in this machinery and adaptability is built into the funding.

Equipment and machinery finance obtained from specialist lenders enables your business to grow without putting business cash flow in jeopardy and supports your business’s short-term and longer-term financial position.

You have access to multiple types of financing to that allow you to spread out the cost of the asset or leverage currents assets as collateral to a lender. Through using solutions such as asset finance, hire purchase and asset refinancing, they offer a payment plan that works specifically for your business, whilst allowing you to obtain an asset necessary for your business.

What types of CNC lathe funding are available?

Hire purchase: Hire purchase agreement can be a good option when looking to buy a CNC lathe as your business takes ownership at the end of the arrangement. You can spread the cost of the lathe and keep control of your business cash flow.

Asset refinance: Asset refinancing is another way to fund a CNC lathe and involves putting up assets currently on your balance sheet. Your business then rents back the asset over a fixed period whilst still being able to use the refinanced assets. Refinancing leverages the equity held in valuable assets and allows you to use the funds generated to purchase new assets as required.

Benefits of CNC Lathe financing

Cash Flow: By spreading the cost of the CNC Lathe over a set period, the business can retain cash, making day-to-day operations more manageable.

New assets: If you’re business requires a CNC Lathe, the ability to finance a CNC Lathe through our financing options helps you acquire the asset.

Budgeting: By determining the method of financing, the terms of the finance, and how much you will pay monthly, this helps with your business’ budgeting and enables a more stable operation.

Personalisation: Thanks to the different methods of financing available for the CNC Lathe, you can select the financial solution which suits your business best.

How does CNC Lathe finance work?

CNC Lathe financing is a viable option for businesses wanting to acquire a high value asset without having to put down a large sum of business capital from the outset. Whilst you do not own the asset immediately, you can use the asset over the financing period for business purposes. By financing a CNC lathe, you have control over the terms of the agreement to suit your business needs.

Is CNC lathe finance right for your business?

CNC lathe finance may be right for your business if predictable repayments under a fixed schedule suits your business. By spreading the cost over a period of years, you can prevent any excessive capital outlay, maintain financial stability, and upgrade your assets if necessary. The flexibility of this type of financing means you can adapt it to suit your needs and access funds quickly.

Applying for CNC lathe finance

MAF Finance Group works with a panel of banks and financial institutions to provide you with the most competitive and flexible solutions available.

If you would like to get a quote or need further information, simply fill out our form below and we will be in touch shortly. If you would like to speak to someone directly, you can call us at 0115 958 6872 and a member of our team will be happy to speak to you. Alternatively, you can email at [email protected].