You can take it to the bank

When considering a machinery purchase, the price and how to pay for it probably come to mind first. But before doling out cash or writing a check, read on. The…

When considering a machinery purchase, the price and how to pay for it probably come to mind first. But before doling out cash or writing a check, read on.

The case can be made that financing is the best way to go, even if you're lucky enough to have the full purchase price in your pocket. The reasons are pretty straightforward: the interest fees of leasing to own are hardly the threat they once were, there are substantial tax deductions to be had and your cash flow will improve. But there are also generous warranty and technical support plans available to those who finance.