Printing Equipment Financing

cef.clickhereblue7Printing equipment financing for new and used equipment can be accessed by owners of Canadian based businesses from a number of different financing and leasing sources.

To give you a better idea of exactly what can be financed, Here is a list of some of the more common types of printing equipment that regularly get approved for  equipment financing by Canadian based lending and leasing companies.

  • Booklet Maker
  • Die Cutter
  • Folder Gluer
  • Laminator
  • Laminator
  • Numbering Equipment
  • Binder
  • Cutter
  • Typesetting Equipment
  • Plate Setter
  • Paper Drill
  • Perforating Equipment
  • Perfect Binder
  • Saddle Stitcher
  • Shrink Wrap
  • Trimmer
  • Wire Binding
  • Folder
  • Collator
  • Printing Press
  • Flexographic Press
  • Flexo Press
  • Offset Press
  • Photo Processing
  • Silk Screen
  • Plastic Coil
  • Imagesetter
  • Computer to Plate

Even if a specific asset is not included in the list above, that by no means indicates that it can’t be financed.   Because there are so many variations of printing equipment and terms in which they are referred to, it would be virtually impossible to list them all out.

As a general rule, any asset that would be considered a commodity in the market place where a significant number of units are sold annually on both a new and used basis, can typically be financed.

As assets become more customized, or carry a significant amount of use and age, they will tend to be more difficult to finance.  And when financing is acquired there could be higher down payments, higher implicit interest rates, and shorter repayment periods associated with a financing commitment.

For the more standardized printing assets available for purchase both on a new and used basis, equipment financing at or near 100% of the purchase price is not uncommon among equipment loan and equipment leasing programs.  In addition, the delivery costs, installation costs, and training costs associated with an equipment purchase, may also be financed in whole or in part, effectively creating greater than 100% financing in some cases.

When multiple assets are acquired at the same time, its not uncommon to have separate loans or leases for each piece of equipment,  with each loan or lease provided by a separate capital provider.  This is a very effective strategy to allow lenders to minimize their credit risk without limiting the borrowing power of a printing operation.

If you’re actively seeking printing equipment financing, or just planning ahead and looking for more information on financing, I suggest that you give me a call and I will make sure you get all your questions answered.

Click Here To Speak With a Financing Specialist About Your Printing Equipment Financing Needs.