Manitowoc Foodservice
           
 
Manitowoc Finance
   

90 Day Same As Cash image

     
 

 

Don't let capital spending constraints keep you from purchasing the equipment you need today.

   

Simply complete the application and receive finance approval by December 22, 2008 with your equipment order shipping before December 31, 2008 and in addition to making no payments for 90 days*, you'll have the option to either purchase your equipment interest-free or finance it at a low rate of 4.99%. No matter which option you choose, under this deferred plan, payment will come from next year's budget.

   

Available through Manitowoc dealers or distributors.

For more information, contact your Manitowoc Finance representative today at (800) 377-7262 or visit www.manitowocfsg.com/finance to download an application.

FSG Group image

Here's how it works

  • Customer signs a 24-month finance contract at a finance rate of 4.99% with no payments due for the first three months* (payment for remaining 21 months is documented upfront...see calculation below).
  • Customer has 90 days from the commencement date of the contract to exercise a Same-As-Cash option and "cash-out" of the contract without penalty.
  • If Manitowoc Finance has not received payment in full by the 90th day, Manitowoc Finance will begin invoicing the customer for the remaining 21 payments as originally documented.

    *documentation fee due at signing
   
How to calculate the customer's monthly payment
Sample $5,000 Manitowoc transaction:
   
Cost of Manitowoc Equipment
$5,000
x
4.99% Rate Factor
.05045
=
Monthly Payment for 21 Months
$252.25

All Other Costs
(Freight, Installation, etc.)
$300
x
9.99% Rate Factor
.05341
=
Monthly Payment for 21 Months
$16.02

Total Amount Financed
$5,300
 
Total Monthly Payment
$268.27
     
    Terms and conditions for 90-day same-as-cash financing program:
   
  • All transactions must be credit-approved and funded by December 22, 2008 with equipment order shipping before December 31, 2008.
  • One-time documentation fee of $125 is due at signing.
  • Offer is subject to customer credit approval by Manitowoc Finance.
  • Cannot be combined with any other Manitowoc Finance promotion.
  • Promotional offer applies to new Manitowoc Foodservice equipment purchases only and excludes any non-Manitowoc equipment purchases (freight and installation costs may be financed, but at standard rates).
  • Each customer signs a 24-month contract at a rate of 4.99% and has the right to exercise a Same-As-Cash option within 90 days of commencement. Customer will not be billed loan payments for the first 90 days. If the customer wishes to exercise their Same-As-Cash option, it is the customer's responsibility to do so within 90 days of commencement. If Manitowoc Finance does not receive payment within 90 days of commencement, Manitowoc Finance will automatically start invoicing the customer for monthly payments.
  • Excludes Polar-Pak and Koolaire refrigeration products.
  • 0% Financing and Buy Now, Pay Later programs available to U.S. businesses only.
   


For more information and a lease application, contact your participating Manitowoc sales representative, call 1-800-377-7262 or download the lease application.

           
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      Applies to USA-based customers only  
           
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