Why Should You Consider Financing?
Manufacturers of any size can finance to enhance production and grow their bottom line.
Optimization is the key to growth in manufacturing.
However, how do you continue to optimize your production line when your budget is stretched to the limit?
Financing allows facility managers to continue to improve manufacturing processes without overstepping the budget.
Learn more about the benefits of financing and how you can finance a custom work cell for your facility below.
Financing industrial automation equipment
Financing versus buying
Financing is the process of applying for a monthly payment plan with payments that are lower than the original lump sum of the product.
Buying outright might make sense in some cases. For example, purchasing several custom work cells in one payment may make sense for mid-sized manufacturers who have the revenue to support that purchase.
Other smaller businesses may struggle to add the equipment they need to their facility due to budget constraints, so they may consider financing instead.
Benefits of financing
Financing is useful for manufacturers of all sizes, phases, and industries.
Low monthly payments: Financing offers lower payments, making industrial automation more accessible for everyone.
Flexibility: With the ability to finance, manufacturers have greater flexibility in their budget to acquire the equipment they need.
Immediate growth capabilities: Manufacturers don’t have to wait until they reach a certain profitability before they expand. Financing allows them to build custom robotic work cells so they can start growing sooner.
Enhanced productivity: Finally, financing equipment enhances productivity because it quickly adds equipment to production that improves throughput and capacity.
Drawbacks of financing
As long as you are purchasing the right equipment, there aren’t many drawbacks to financing.
One downside may be that your purchase is extended across several months rather than at one time, which may make tracking the payments difficult.
However, as long as your budget is in line and orderly, you shouldn’t have to worry about missing a payment.
How to finance with NRTC Automation and iGAM
Are you looking to jump into automation, but don’t know where to start?
NRTC Automation can guide you from start to finish. Our Automation Services will get you on the fast track to start increasing throughput and capacity in your facility. We’ll work with you to design, build, and engineer a custom work cell for your production needs.
We work with top auto manufacturers like Toyota, Ford, and BMW, as well as small- to mid-sized manufacturers looking to grow their businesses. With over a decade of experience, and with our professional engineers and technicians, we provide some of the best automation solutions in the industry.
Need equipment now to boost production? Great! Our sister company, iGAM, is here to help.
iGAM provides two ways to finance:
Fill out the quick application on the product page and choose the best financing plan from the nation’s top lenders.
Apply for credit with our partner Behalf and purchase any equipment you need while making low monthly payments.
Get ahead of the competition and start automating with iGAM and NRTC Automation today.
Build a work cell for your facility
Use NRTC Automation’s Financing Services to minimize downtime and increase throughput on your production floor.
Interested in learning more about what NRTC offers? Schedule a free consultation with us by clicking the button below to get started.
VISIT NRTC AUTOMATION TODAY
NRTC Automation is dedicated to providing high-value industrial automation and manufacturing equipment solutions to all our customers.
From decommissioning and tear out to industrial robotic training services to custom flexible work cells, NRTC is the key to integrate your workplace. With personalized training and custom-built designs, NRTC Automation is the destination for all your industrial automation and manufacturing equipment services.
Contact us today to learn more about how we can help you meet your production goals.