The UK's largest machine tool company has introduced a concept in asset finance that allows acquisiton of latest machine tool technology while maintaining or lowering monthly outgoings.

The UK's largest machine tool company 600 Group todayannounces the introduction of Smart Finance, a new concept inasset finance through which customers can increase their profitsby acquiring the very latest in machine tool technology whilemaintaining or even lowering their monthly outgoings. With thenew Smart Finance approach, operators can quickly enjoy theproductivity benefits of installing the latest technologymachines from class leading manufacturers such as Colchester,Electrox, Fanuc, Harrison, Okamoto etc. If customers are alreadypaying for existing equipment then there is a good chance that anew 600 Group machine can be installed with no deposit, withoutincreasing monthly payments and, in some cases, possibly evenreducing payments.

The Smart Finance method is simple.

Thecustomer's total monthly finance outgoings are calculatedand consolidated into one single, convenient loan with afavourable rate of interest.

Payment holidays can be included,while the loan is as flexible as customers want it to be, with asolution to suit everyone and up to 60 months to pay.

600 GroupProduct Strategy and Marketing Director, Dr Stephen LeBeau, says:'Smart Finance is the most advanced and flexible financialtool within the machine tool sector and it really does unlock thepotential for customers to upgrade capacity without increasingmonthly outgoings.'