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Manitowoc Financing Options

Features

Benefits

Competitive Financing Options

Manitowoc Finance offers aggressive financing on our own equipment compared to traditional third-party foodservice equipment lenders

* Contact Manitowoc Finance at (800)377-7262 for current financing programs and rates

  • Periodic Manitowoc-sponsored financing programs
  • Aggressive financing rates on Manitowoc-family equipment
  • Ability to finance non-Manitowoc equipment on the same contract (Note: The non-Manitowoc portion is priced at non-Manitowoc, non-promotional rates)
  • Your Manitowoc Foodservice equipment acquisition becomes even more affordable
  • Reduces the need to "shop around" for financing
  • Provides you with a convenience of one-stop shopping for all of your equipment financing needs

Simple Application Process

Manitowoc Finance makes financing your foodservice equipment acquisition a quick and easy process

  • Simple, one-page credit application
  • Credit decision rendered in a few hours or less
  • Experienced and knowledgeable finance sales team
  • You avoid cumbersome paperwork and the "hoops" through which other lenders make you jump
  • Reduces the timeline of getting your new equipment
  • Live financial support and consultation to answer your questions and assist you through the finance process

Flexible Terms

Available terms are 12, 24, 36 and 48 months (subject to credit approval)

  • Various contract lengths from which to choose
  • Select a term to fit your budget...the longer the term, the lower the payment

Full Payout Loan

With our Full Payout Loan, your company has fixed payments over the term of the contract while building ownership equity in the equipment over time.

  • Provides fixed, level monthly payments
  • Depreciation and interest deductions are claimed by obligor (subject to advice of tax advisor)
  • Payment of equipment over time
  • Fixed costs aid the budgeting process and conserves working capital
  • Obligor takes full advantage of tax benefits
  • Equipment cost is offset by Return on Investment (ROI) and paid for over time instead of all upfront

Simple Documentation Process

Like the application process, we've simplified the documentation process to streamline your equipment acquisition

  • Simple and easy-to-read documents
  • Documents are prepared within 24 hours
  • Dealer is funded once you sign the documents and receive your equipment
  • Less paperwork and saves time
  • Quick documentation-turnaround streamlines the finance process and reduces the timeline of getting your new equipment
  • Your contract does not start until you authorize Manitowoc Finance to release the funds

Note: All Manitowoc Finance offers are subject to credit approval. Depending on the credit strength of the applicant, approval conditions may differ from those requested. Please contact your Manitowoc Finance sales representative at (800) 377-7262 with any questions.


New legislation gives small business owners tax benefits when purchasing foodservice equipment

If you've been contemplating replacing old worn out foodservice equipment or even expanding your current menu to bring in new customers, now is the most opportune time to purchase the equipment you need. With the recent passage of the Small Business Jobs and Credit Act of 2010 small business owners can get the equipment they need to operate while taking advantage of tax benefits that may allow you to deduct the entire value of your equipment purchases right away.

Section 179 tax benefits
It's time to reevaluate your capital improvement plan. Section 179 of the recently passed Small Business Jobs and Credit Act of 2010 lets you write off investments in new capital expenditures immediately, up to $500,000. This is in lieu of depreciating the expense slowly over a number of years. To qualify, equipment must be purchased and put into service between now and December 31, 2011.

Consult your tax advisor to discuss possible tax savings.


Manitowoc Finance's Easy 3-Step Process

Manitowoc Finance makes it easy for Customers to acquire their new Manitowoc Foodservice equipment

Easy 3-Step Finance Process

Once you've chosen the Manitowoc equipment you want/need to purchase, follow these steps to assist you through the finance process...

1.  Applying for Credit - work with your Denver Restaurant Equipment salesperson to apply for financing.

     Download Manitowoc Financing Credit Application (PDF)

2.  Requesting Finance Documents - Manitowoc Finance will create finance documents for you and Denver Restaurant Equipment.

3.  Paying the Supplier for Your Equipment - after delivery of your equipment Manitowoc Finance will pay Denver Restaurant Equipment and your finance contract starts.



Financing is available to qualifying customers within the 50 United States only.

Information provided courtesy of Manitowoc Foodservice