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United Grinding North America Partners with National Machine Tool Financial Corporation

According to iAbrasive latest report, United Grinding North America, Inc. recently named National Machine Tool Financial Corporation (NMTFC) its preferred financial service provider.

From: www.canadianmetalworking.comDate: 2014-07-03 08:35:35Views: 350

According to iAbrasive latest report, United Grinding North America, Inc. recently named National Machine Tool Financial Corporation (NMTFC) its preferred financial service provider. Through this partnership, United Grinding customers in North America now have access to a variety of highly competitive loan and lease options for acquiring new grinding equipment.

"We take a customer-centric approach to everything we do, which includes making the purchase of our products a world-class experience," said Terry Derrico, president and CEO of United Grinding North America, Inc. "By establishing a captive finance arm for our customers, we make it easier for them to obtain the latest grinding technology for gaining the competitive advantage in today's challenging manufacturing marketplace."

Established in 1986, NMTFC has a commitment to the machine tool industry. The company has a certified machine tool sales engineer (CMTSE) on staff who can assist  United Grinding customers in ways that are more effective as compared with the traditional banking experience.

The NMTFC team understands that machine tool purchases are not one-size-fits-all situations and, thereby, follows a customized and flexible funding model, with a variety of lease and loan options for equipment that costs anywhere from $10,000 to $10,000,000. There are also "application only" programs that do not require a company's financials or tax returns for equipment up to $350,000.

Furthermore, there are several other benefits that come with financing through NMTFC as opposed to a bank, including factory-sponsored finance programs, factory rebates and credit decisions within 24 hours.

 

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