Milacron, a leading industrial technology company serving the plastics processing industry, is launching rental options for machinery upgrades.
The equipment rental option was officially launched on March 25 following an agreement with financing partner Equipment Finance Group (EFG) to meet the demand for increased temporary capacity to produce products to aid in the worldwide fight against the Covid-19 pandemic.
Machinery rental is available in 12-, 18- and 24-month options. At the end of the term, the equipment can be returned with no further obligation, bought for a predetermined price that includes credits from previous payments, or rents can be renegotiated. Milacron continues to offer additional flexible financing options.
Depending on the needs of customers, low and deferred payments are available. Milacron is working to support machinery ownership through its Quick Delivery Program that includes the Roboshot, Q-Series and MPs, which can be delivered to domestic facilities in as little as five days. Milacron ServTek Services is dedicated to extending the life of that investment.