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Blanchard Machinery Financial
Services Blanchard
offers a range of financing options (see below) to assist with your
equipment investment. We have a variety of programs and plans for
our entire product line which can be flexibly structured for your
situation - purchase, lease, rental, short term or long term. We can
offer financing, credit, insurance and warranty coverage on your
individual machines or a customized quote on your entire equipment
fleet. Contact our
Financial Marketing Manager, Bruce Moore, or our Financial Marketing
Analyst, Tammy Clement at (803) 791-7100 for complete information.
You can also contact us electronically by clicking the link to
"Contact Us" in the upper right corner of your screen.
Credit
Application
For
convenience, our credit applications are included here in PDF format.
Click on the Division for which you are seeking credit
to open
the credit application. Print it and fill it out completely,
then sign at the bottom and mail or fax the application to:
Credit
Department
Blanchard Machinery
PO Box 7517
Columbia, SC 29202
Fax: (866) 423-9278
Credit
Application
Questions?
Contact us by e-mail: credit@blanchardmachinery.com
You
will need Adobe® Acrobat® Reader®
to view and print our Credit Application. Click on the
"Get Acrobat Reader" icon to download the free Acrobat
Reader from Adobe.com. Once the program is installed, click
on the Credit Application PDF icon to
open the file.
FINANCING OPTIONS FROM BLANCHARD
MACHINERY
Finance
Lease - for
the customer who wants to own or have the option to own the equipment
under lease.
Benefits
Include:
- 100% financing for qualified customers
- Payments tailored to meet your cash flow
needs
- In
most cases you claim the benefits of ownership for tax purposes,
including depreciation and interest expense deductions
- Flexible purchase options available
| Lease
Terms |
| Length |
1
- 5 years |
| Finance
Rate |
Normally
fixed (floating rates may be considered) |
| Purchase
Alternatives |
(1)
Provision to purchase as low as $1;
(2) Option to buy at predetermined price or return machine. |
| 100%
Financing |
Available
for qualified customers. |
| Payment
Flexibility |
Monthly,
quarterly, semiannual, annual, seasonal, skip and accelerated
payments. |
| |
Fair
Market Lease -
for
the customer who desires the lowest possible payments and generally
plans to return the equipment at the end of the lease term.
Benefits
Include:
- Generally qualifies for off-balance sheet
financing
- Provides you with the lowest possible
monthly payment
- Frees your working capital for operating
needs
| Lease
Terms |
| Length |
2
- 5 years |
| Payments |
Generally
monthly, although other schedules may be considered. |
| Possible
Purchase Option |
Fair
Market Value (FMV) purchase option may be included in
the contract. |
| Tax
Benefits |
Claimed
by finance company |
| |
Value
Option Lease - for
the customer who wants to use the equipment and have the option to
purchase it at a predetermined price.
Benefits
Include:
- Provides you with low monthly payments
- Generally qualifies for off-balance sheet
financing
- Frees your working capital for operating
needs
| Lease
Terms |
| Length |
2
- 5 years |
| Payments |
Generally
monthly, although other schedules may be considered. |
| Possible
Purchase Option |
Predetermined
price. |
| Tax
Benefits |
Claimed
by finance company |
| |
Installment Sale Contract
- for
the customer who desires immediate equipment ownership yet wants to
pay for the machine over an extended period of time. Trade-ins or
down payments are typically included in these transactions.
Benefits
Include:
- You may claim the tax benefits of
ownership - including depreciation and interest expense deductions
- New and used equipment may be
financed
- The installment sale contract is
our lowest total cost option for machine ownership
|
Lease
Terms |
| Length
(new equipment) |
1
- 5 years |
| Length
(used equipment) |
1
- 4 years |
| Finance
Rate |
Generally
fixed (floating rates may be considered) |
| Down
Payment or Trade-in |
Generally
required. |
| Tax
Benefits |
Retained
by Customer. |
| Payment
Flexibility |
Monthly,
quarterly, semiannual, annual, seasonal, skip and accelerated
payments. |
| |
Governmental
Lease/Purchase Plan - for
qualified* nonfederal governmental agencies who desire special low
interest rates and flexible finance terms. Please note that you may
need voter approval as you would with local bond insurance.
Benefits Include:
- The
income we receive is tax-exempt, so we can pass these savings
on to you through special low interest rates
- 100% financing is available
| Lease
Terms |
| Length
(new equipment) |
1
- 7 years |
| Length
(used equipment) |
1
- 5 years |
| Payment
Flexibility |
Monthly,
quarterly, semiannual, annual, and variable payment plans. |
| 100%
Financing |
Available
to qualified customers. |
| |
*Nonfederal
government agencies with taxing, condemnation or policy authority
qualify for this special plan. City, county and state governments;
public authorities; and school, park and water conservation districts
are just a few of the various agencies that qualify. |