Financing
Morris Midwest offers machine tool and equipment
financing through
Machinery Finance Resources (MFR).
Machinery Finance Resources are experts in
meeting the equipment financing needs of the precision
manufacturing, woodworking, EDM, injection molding, stone
cutting, and glass fabrication business segments.
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Unlike traditional lenders,
MFR is rooted in
distribution. They understand the financial and business issues
manufacturers face on a daily basis, and we'll work to
understand your needs before creating a customized financing
package specifically for you.
 Equipment
Financed
Lathes, Grinders, EDM equipment, Machining centers, Saws, CNC
routers, Fabricating equipment, Waterjet machines, Injection molding
machines, CMM's
Product Offerings
- Capital Lease (Lease to Own): A lease purchase or
finance lease is a transaction in which the equipment can be
purchased for a pre-arranged price at the end of the lease term.
These leases can be arranged with purchase options or with
purchase agreements. Depreciation benefits are typically passed
to the lessee/customer.
- Operating Lease: An operating lease is a transaction
in which the equipment can be purchased for a pre-arranged price
price at the end of the lease term. Lessee/customer takes the
depreciation, or in many cases the lessee can write off the
whole payment (MFR recommends that you consult your tax
adviser).
- Tax Lease: The tax lease purchase options can be
structured as either fair market value (FMV), capped, or provide
for an early buyout option (EBO). Under a tax lease, the lessor
retains the depreciation and the lessee gets the benefit of
lower lease payments.
- Loan: Equipment loans are notes and security
agreements through which MFR finances your purchase of equipment
of a fixed rate basis. Customer is entitled to the depreciation
and interest write-off.
For details and
to apply today, visit the MFR web site. |
