FINANCING

Meadoworks offers financing from Systems Financial which specializes in the financing and leasing of plastic injection molding equipment. We pride ourselves on our competitive rates and commitment to customer service.

For an online credit application, please click here.

Types of programs we offer:

1. Operating  Lease

This program is designed for the customer that wishes to expense the total payment monthly. This is commonly known as "off balance sheet" financing. Terms range from 36-84 months with fixed rates well below the prime rate. Per IRS rules the purchase option must be at fair market value at the completion of the term, or you may return the equipment with no further obligation.

2. Finance  Lease
This program is designed for the customer that would like to retain the tax benefits (depreciation) associated with the purchase of capital equipment. Terms range from 36-60 months and we currently offer a fixed rate based on prime rate. If you choose to purchase the equipment at the end of the term, a fixed purchase option is available for 5-25% of the original cost of the equipment, or you may return it with no further obligation.

3. Conditional  Sales  Contract
Companies are offered finance contracts to give them the ability to own equipment without using their working capital to do so. Our Conditional Sales Contract can provide a fixed interest rate or a floating rate based on either treasury bills or the prime rate. Terms vary from 12 ¨C 84 months, depending on your needs.

Please contact us or call us at 1-800-323-0307 ext.5. 

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