Initiative aims to give machine tool buyers confidence

This scheme is based on a simple HP finance arrangement, which can be structured to include an option to give back the machine after a minimum of 12 months, if the customers business circumstances change. There are no complications, no hidden costs, and if the option to return the machine is taken up, there is no further financial commitment. "Our 'Confidence Package' does just what it says, it gives a potential buyer confidence to proceed positively with a machine tool investment plan knowing that if circumstances change in the future, there is a 'get out clause'," said Paul Eaton, Ward Hi-Tech finance manager (pictured). "Once the "give back" option is triggered and the machine returned, the customer effectively has no further financial commitment and does not have the worry of sustaining on going monthly finance payments. "The scheme is intended to counteract the negative feeling running through our industry at the moment. There are still opportunities out there for our customers and we are more than happy to bring some positive assistance to the party so that clients who are busy can continue to invest in new machine tools, safe in the knowledge that their financial commitments can be managed, if their business circumstances change in the future."