Says managing director Alan Hill: "With the coronavirus causing so much uncertainty in our market place, many companies are understandably reticent to invest in new machinery right now, even if they have a legitimate need."

Adds Ward Hi-Tech business manager, Paul Eaton: "We are extremely sympathetic to the dilemma many of our customers find themselves in at the moment. They may be busy themselves, they may be involved in the manufacture of critical parts for the fight against the virus, but with all the gloomy news surrounding all of us, they may lack the confidence to invest in a new machine tool right now, even if it appears sensible to do so. By taking advantage of our Confidence Package, any company with a current machine tool requirement can select a suitable new CNC lathe or machining centre from our large showroom stock and decide which rental period suits their needs best. The machine can be returned upon completion of rental or kept and purchased outright with the rentals paid taken as deposit”.

Ward Hi-Tech is also able to provide outright purchase funding packages utilising the Coronavirus Business Interruption Loan Scheme for companies requiring finance assistance at the moment. The scheme includes 12 months' interest contribution and no personal guarantees up to £250,000.00 investment.

Ward Hi-Tech holds a large and varied stock of CNC lathes and machining centres in its Sheffield showrooms, including lathes with chuck sizes from 8” up to 32” and vertical machining centres with X axes of from 720 to 2,600 mm.