CNC and Machine Tool Financing
Machine Tool Financing and Leasing
About 2 minutesNo personal-credit inquiryInstant answer
Crest Capital finances new and used CNC machines and conventional machine tools for business use. Loan and lease options are available for a machine purchase or shop upgrade.
A quick credit decision is only part of the job. Crest handles financing documents and funding coordination, with attention to invoice and delivery details that can hold up a purchase. You can stay focused on the equipment and your business.
Already offer financing to your customers? See how Crest supports equipment dealers.
Financing Equipment is Very Beneficial to Companies:
An Easy, Fast Online ApplicationComplete one simple online application. No financial statements are needed for financing up to $250,000.
Fixed Rates and Predictable PaymentsA fixed financing rate makes your monthly payment predictable, so you can plan for the cost of the equipment.
Fast Credit DecisionsIn most cases, Crest provides a credit decision within four hours.
CNC Machine Control Center Financing
A CNC machine control center is the computer numerical control unit that reads the part program and drives the machine's axes and spindle. Shops buy a control with a new machine, or retrofit a newer control onto a sound older machine to extend its working life.
CNC Grinding Machine Financing
CNC grinding machines finish parts to tight tolerances and fine surface finishes with an abrasive wheel: surface grinders for flat work, cylindrical and centerless grinders for round parts, and tool and cutter grinders that sharpen cutting tools.
CNC Drill Press Financing
A CNC drill press drills and taps hole patterns automatically, positioning the part or the spindle under program control. Production shops use CNC drill presses and drilling and tapping centers for parts with many holes.
CNC Broaching Machine Financing
A broaching machine pushes or pulls a toothed tool, the broach, through or across a part to cut a keyway, spline or other shape in one pass. Broaching is suited to high-volume production of internal and external shapes.
CNC Roll Forming Machine Financing
A roll forming machine bends a continuous strip of metal through a series of roll stations, each making a small bend, to produce long profiles such as panels, studs, tracks and trim. CNC control sets the cut length and any punching.
Tooling Package Financing
A tooling package is the set of tool holders, cutting tools, workholding and fixtures needed to run a new machine. Machine tool dealers often quote a tooling package with the machine, as part of the same purchase.
Machine Tool Leasing and Loan FAQ (Always Updated)
What Are Current New and Used Machine Tool Financing Rates?
Your financing rate depends on factors such as your business’s credit, the equipment and the agreement’s terms. Crest offers fixed rates, so your monthly payment is predictable.
Do You Offer Fixed Rates on Your Leases and Loans?
Absolutely! In fact, it’s the only way we do business. This allows your monthly payments to be predictable.
How quickly can I get a financing decision?
In most cases, Crest provides a credit decision within four hours. After approval, the seller’s invoice and signed financing agreement are part of the process before Crest pays the seller.
Do I Need a Lot of Collateral? (Please tell me “no”)
You’re in luck. The equipment is the collateral, with no blanket liens on most transactions.
What About Other Restrictions and/or Covenants?
We don’t have any. We found out a long time ago that businesses financing machine tools do not want to be limited by restrictions. So we avoid them.
What types of machine tools can I finance?
Crest offers financing for new and used CNC machines and conventional machine tools, including lathes, milling machines, machining centers and routers. The equipment categories below include more examples.
How do I get started with CNC or machine-tool financing?
Start with the online eligibility check. It takes about two minutes, involves no personal-credit inquiry and guides you to the next step for your business. Choose “Check Your Eligibility” below to begin.
Get the New or Used Machine Tool Financing and Leasing You Need
About 2 minutesNo personal-credit inquiryInstant answer