April 2011 USA Financing Offers

4/1/2011

The "credit crunch" continues to impact our customers in the US.

In response, we will be posting financing offers monthly. Two consistent and reliable sources for financing in our industry have agreed to work with us on this effort. You will find links for March offers from Banterra Bank and US Bank below.

Also be sure to make use of the handy AMTDA Tax Calculator with customers who want to understand the impact of the 2011 US tax incentives on total ownership cost for new equipment purchases. 

AMTDA Tax Calculator

AMTDA has compiled a brief tutorial on the bipartisan tax relief and benefits package approved by the US Congress in December 2010. It includes a handy tax calculator that can be used to understand the impact of the tax incentives on the total cost of ownership of a new equipment purchase.

To learn more, click here.

Banterra Bank Financing Offer

• Rate: 5.4%
• Down Payment Required: 5%
• Term: 60 months payment factor of 0.01906
• This offer is a loan, not a lease

Learn more about Banterra Bank financing products.

US Bank Financing Offer

Deferred Payment Option

•     Rate:5.75%
•     Payments: No payments for 90 days followed by 57 equal payments
•     Term: 60 months payment factor of .02028
•     Purchase Option: $1.00 or $101.00

 72 Month Capital Lease

•     Rate: 6.10%
•     Payments: Due upon receipt of delivery and acceptance
•     Term: 72 months payment factor of .01654
•     Purchase Option: $1.00 or $101.00

 84 Month Capital Lease

•     Rate: 6.40%
•     Payments: Due upon receipt of delivery and acceptance
•     Term: 84 months payment factor of .01472
•     Purchase Option: $1.00 or $101.00

Learn more about US Bank financing products.