31.10.2007

ENGEL financial solutions

Schwertberg/Austria – October 2007. Innovative and economic injection moulding system solutions have made ENGEL the global market leader in the injection moulding machine sector. The Schwertberg, Austria, based company is now extending its portfolio to include ENGEL financial solutions and thus adding value to its turnkey solution competency.

In cooperation with Deutsche Leasing AG, ENGEL can now offer customised financing concepts.

In recent years, markets have not only developed from a technological point of view, the requirements placed on machines and the demand for plastic parts have both changed drastically. This, and continually decreasing plastic parts lifecycles, make it all the more difficult to forecast machine capacity utilisation levels. Innovative financial concepts give injection moulders more security while guaranteeing additional liquidity. ENGEL financial solutions, in cooperation with Deutsche Leasing, now offers financing and leasing packages that are tailor-made to suit our customers’ budgets.

Flexible Concepts
The ENGEL financial solutions portfolio includes a versatile selection of models – from “FreeInvest 3” with a financing term of 60 months and a zero-instalment lead time to help customers manage peripheral costs more easily, through “EasyLease”, a full amortisation leasing model with tax benefits for 1 to 3 shift operations geared to reflect typical write-down periods, to “QuickLease24”, a contract geared to the procurement of machines for economically attractive orders, in cases where follow-up orders are uncertain. The features: security including machine insurance, and return, buy or favourable extension options.

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Press release