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News Release
Jan. 18, 2008
Manitowoc offers solutions for crane financing needs at CONEXPO 2008
Speed and ease are two of the great advantages of CraneCREDIT. Visitors to CONEXPO 2008, March 11 – 15 in Las Vegas can learn first hand about CraneCREDIT’s global crane financing offerings at Manitowoc’s exhibit.
With CraneCREDIT, quotes are available over the phone in just a matter of minutes, varying by the location of the purchaser.
Jay Buechler, customer finance manager for North America, says that once customers start talking to CraneCREDIT they soon realize the full extent of the options available.
“Because the crane industry varies so much from state to state in the US, and from country to country outside the US, we have to work very hard to ensure we have a financing solution for any situation,” he says. “We have truly achieved that goal. No two CraneCREDIT packages are the same, as no two customers are the same. Each package is specifically suited to individual needs. Once our customers see how easy it is to work with CraneCREDIT, they come back again.”
Equipment needs and budget allocations are among customer’s primary considerations. With these in mind, it is then necessary to consider the crane’s prospective future value, technology, suitability for the customer’s fleet and in-country tax advantages.
CraneCREDIT’s team of financial advisors is able to assess any potential crane purchase and recommend an appropriate course of action to the customer. CraneCREDIT financing options are available on any Manitowoc product – or even accessory – regardless of whether it is new or used.
There are a number of advantages to financing through CraneCREDIT, all of which make business sense. CraneCREDIT allows customers to hold onto their cash. With only a small down payment, or one installment in the case of a lease, cash is not tied up in the product. That often means existing lines of credit stay open. Payment schedules can be customized and flexible, such as with step payment or skip payment structures. And multiple purchases can be rolled into one easy-to-use Master Lease arrangement.
Acquiring cranes through Manitowoc CraneCREDIT allows companies to stay ahead of the competition by giving them access to the very latest lifting technology. When financing cranes, the customer has a choice of several financing options, which allow the equipment to be continually leased at the end of the lease term, purchased or returned to Manitowoc.
About The Manitowoc Company
The Manitowoc Company, Inc. is one of the world's largest providers of lifting equipment for the global construction industry, including lattice-boom cranes,tower cranes, mobile telescopic cranes, and boom trucks. As a leading manufacturer of ice-cube machines, ice/beverage dispensers, and commercial refrigeration equipment, the company offers the broadest line of cold-focused equipment for the foodservice industry. In addition, the company is a leading provider of shipbuilding, ship repair, and conversion services for government, military, and commercial customers throughout the U.S. maritime industry.
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