SMT, PCB Electronics Industry News

Manncorp Announces

Apr 22, 2011

This example of Manncorp’s new “Baker’s Dozen” financing allows buyers to spread the $18,995 purchase price of the company’s best-selling CR-4000T 4-zone lead-free reflow oven over 12 monthly payments $1,583. The customer owns the oven upon making the 13th payment with no further obligation. The program is available to all U.S. buyers of Manncorp equipment of over $10,000.

This example of Manncorp’s new “Baker’s Dozen” financing allows buyers to spread the $18,995 purchase price of the company’s best-selling CR-4000T 4-zone lead-free reflow oven over 12 monthly payments $1,583. The customer owns the oven upon making the 13th payment with no further obligation. The program is available to all U.S. buyers of Manncorp equipment of over $10,000.

An innovative purchase plan allowing customers to own new equipment after making just 13 payments has been introduced by Manncorp. The aptly named "Baker's Dozen" program has the buyer making 12 equal payments and then assuming outright ownership upon making the thirteenth and final installment.

Henry Mann, CEO, provided this typical scenario of a Baker's Dozen transaction: "Let's suppose a company wants to purchase our best-selling CR-4000T 4-zone lead-free reflow oven. At $18,995, it's a great buy to begin with. When that total is simply divided by 12, you get a monthly payment rate of $1,583. Just shortly after a year later, the company owns the oven when making the thirteenth payment with no further obligation."

Mr. Mann pointed out that the Baker's Dozen program carries a very modest interest rate, which he claims, "is more favorable than cumbersome long-term leasing and many capital equipment loans." Citing other advantages, the CEO added, "Baker's Dozen frees capital instead of tying it up. Requiring no deposit or upfront cash, it allows companies to ramp-up production while conserving cash flow and preserving credit lines. When paid off, there's clear sailing ahead as anticipated production efficiencies are realized with no debt load."

Baker's Dozen is available to qualified U.S.-based companies on all Manncorp products priced above $10,000. For the mathematically challenged, http://www.manncorp.com automatically calculates the monthly payments of every qualifying product.

For details, call 1.800. PIK MANN (745.6266) or e-mail sales@manncorp.com. Manncorp makes pick-and-place machines, stencil printers, reflow ovens, rework systems and wave solder machines. Also offered are solder board cleaners, desiccant cabinets, and other PCB Assembly Equipment. Accessing http://www.manncorp.com is an informational experience. Not only are full details and specifications provided for the 150+ products, but prices are also attainable immediately after minimal contact information is provided.

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