Financing/Leasing Question

[remus]

Hi to the forum, this is my first post but i have been trolling and gathering info here for awhile. I am about to purchase a CNC plasma table, most likely an Arc Light table.
My question concerns financing/leasing who here has either financed or leased your table?
Who did you go thru and would you use them again?
I have been approved by one company but it appears they have a bad rep on the net so im a little worried about using them.
Thanks

[stillworkin]

i personally just go ta signature loan through my local credit union where i do all my banking.

[drakus]

some do payment plans when you buy them. I know Plasmacam does something like 3 year payment plan or maybe 2 years. I forget which one. I'm a lucky one. I paid for mine outright with no financing.

[BTA Plasma]

Generally loan companies like a leasing company asses a greater risk of default with smaller loan on capital equipment. This means you pay a higher interest rate at $15K than you would at $50K. You would get much better rates through a local bank for a small amount.

[abmagrum]

Ask Scott at ARCLIGHT
he should have a couple places.

[remus]

I wish i could pay cash, thats how i normally buy everything but i just built a new shop so im short on the greenbacks atm.
Scott did point me to a finance company they use, will give them a look

Thanks