Machine tool buyers increasingly turn to external finance so that they retain cash while spreading the costs, structure repayment profiles, or use low cost start up schemes.

Providing customers with the best financial package when your machines range in price from a few tens of thousands up to several hundred thousand pounds calls for a variety of credit solutions. With over 20 years experience Yamazaki Mazak U.K. is ideally placed to provide the answers.

'The trend,' says Yamazaki Mazak's Sales Director, Tony Saunders, 'is for customers to increasingly turn to external finance for their machine purchases'.

'The benefits are that they retain cash within the business while spreading the costs, can keep outlay off balance sheet if required, structure repayment profiles, or take advantage of low cost start up schemes'.

'The predicted trend for 2005 is further increase.' Yamazaki Mazak works in close co-operation with Hitachi Capital (formerly IEF) in providing a multitude of finance packages, whether for outright purchase or leasing.

Other elements that can be built into a tailor-made package include deferred repayment start up, front or back end balloon payments, VAT period matching and operating leases'.

''In working with Hitachi Capital we can provide tailor-made solutions to match customers' individual requirements,' says Saunders'.

''Hitachi Capital personnel have a deep understanding of the machine tool business and operate in complete confidence with the customer to arrange the most appropriate finance package'.