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How do I
qualify?
National
Machine Tool Financial Corporation is available to business
customers only. The owner(s) may be required to personally guarantee
the lease.
How do I
apply?
 Complete
our online application or
 Download
our1 page application sign, e-mail, or fax back and a
decision will be rendered –usually within 2-4 hours. Upon approval,
documents can be e-mailed to you or sent by overnight courier to you
for your signature.
What lease
terms are available?
National Machine Tool
Financial Corporation offers terms of 12, 24, 36, 48, 60 & 84
months. Other options and customized terms are available to
qualified applicants.
What purchase
options are available?
Our $1
Purchase Option allows you to purchase the equipment at the end of
the lease for the nominal charge of $1.
Our 10%
Purchase Option allows you to purchase the equipment at the end of
the lease for 10% of the original equipment cost.
FMV or “Fair
Market Value” allows you to use the equipment for the term of the
lease and then either return, purchase the equipment or extend the
lease. The purchase option is based upon the then Fair Market Value
of the equipment at the end of the lease.
Can I include
software & services on a lease?
100% software
programs are available. You may also include all related services:
consulting, implementation, training, and maintenance/support on a
lease (subject to credit approval).
Please Contact National
Machine Tool Financial Corporation for details on lease terms,
conditions and end of lease options.
Are advance
payments required?
For the
majority of leases, a nominal documentation fee and first and last
payment are required.
What Are Your Rates?
Typically our
rates are under the
prime rate as published in the Wall Street Journal. Rates can
vary depending on your business,personal credit and other
compensating factors. Click
here to get a quote and online application.
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