Machine tool financing leasing boosts component companies to become bigger and bigger (2)

Financing leases are popular

“Finance lease means that the lessor purchases the specified equipment from the supplier designated by the customer according to the customer's request, rents it to the customer, and the customer pays the rent in installments and obtains the ownership of the equipment after the lease period. This way can help the shortage of funds. Enterprises use a small amount of initial investment to achieve early purchase and use of equipment. In the two- to three-year lease period, the return on orders brought by equipment investment is often enough to pay the rent for each period." Luo Yufang said.

According to reports, financial leasing appeared in the United States in the early 1950s. As an important supplement to bank liquidity loans, the financial leasing method not only occupies the credit line of the leased enterprise in the bank, but also provides stable medium and long-term funds for the tenant. The repayment method of amortization also helps the lessee to avoid the risk of fluctuation of funds.

A private enterprise operating a car interior panel mold manufacturing in Zhejiang started in 2002. In 2005, its output value was 9.7 million yuan, which was developing rapidly. However, due to the insufficient processing precision of the equipment, the itinerary is limited, it is difficult to enter the first and second matching rings of automobile molds, and the profit of the products is low.

Last year, after obtaining a large order, the company decided to purchase an imported gantry machining center, but the funds were insufficient. The person in charge of the company learned that Far East International Leasing Co., Ltd. has started the machine tool financing leasing business and decided to try it. After the company paid the first payment of about 30%, the equipment with a total amount of 2 million yuan quickly arrived at the factory, completed the commissioning and official operation, and the first batch of new customers' molds were successfully completed. According to the three-year financial lease contract, the monthly rental payment is only over RMB 40,000.

"In the case of the country's tightening of monetary policy, machine tool financing leases have solved the problem that the financing channels of enterprises are not smooth, resulting in shortage of funds and equipment upgrades, which have helped us a lot." General Manager Li of Shandong Automobile Chassis Manufacturing Co., Ltd. Say. The company leased 38 CNC machine tools and other equipment to Far East International Leasing Co., Ltd. through financial leasing. The company's sales last year was 350 million yuan. After breaking through the equipment bottleneck, it is expected to reach more than 500 million yuan this year.

Is expected to promote in China

From the perspective of global manufacturing, especially the development experience of the United States, financial capital has played a particularly important role in promoting the growth of manufacturing. In the procurement of large-scale equipment, leasing has become a major method of purchasing equipment for manufacturing enterprises.

Previous page

Diamond Grinding Wheels

Diamond Grinding Wheels revolutionized the abrasives industry. Through the use of a unique core bonding technology, these grinding wheels last longer and outperform with far less sparks and odor than traditional grinding wheels for fast cutting, back cutting, gully grinding and bead finishing.

Diamond grinding wheel also have different types , such as electroplated diamond grinding wheels, vitrified diamond grinding wheels, resin bond diamond grinding wheels, vacuum brazing diamond grinding wheels. There are four kind of bonding processing methed. Each type has their unique special advantages for different type of working materials.

Kemei produce all four types fo diamond and CBN Grinding Wheels. Please contact us for more information and better grinding solutions.

Diamond Grinding Wheels,Brazing Diamond Wheel,Electroplated Diamond Roller,Metal Bonded Diamond Grinding Wheels

Henan Jinlun Superhard Material Co., Ltd , https://www.jinlunsuperhard.com