How to pay for your Econocorp equipment

Econocorp manufactures cartoners and case packers. Their Econoseal line includes the popular Spartan, Twinseal, and E-System 2000 machines. Once you’ve decided Econocorp equipment is the right choice for your company, your next decision will address the acquisition process. How will you pay for this equipment?

Don't have cash? You still have options.

Any equipment purchase can have a number of financial challenges. Smaller companies have limited resources. Larger companies often have more projects than the capital budget will allow and can run into diffcult, time-consuming approval processes. If paying cash is not an option, it's time to consider financing.

Financing makes equipment more affordable by spreading the cost over time. This allows you to acquire the equipment without making a major initial cash outlay. Monthly payments are easier for smaller companies to afford and can be easier for larger companies to approve.

Equipment financing can provide products to accommodate different types of cash flow models. However, most financial institutions have strict lending criteria which are often not compatible with the packaging industry. They commonly will not accommodate vendor deposit requirements. Econocorp, like most packaging equipment suppliers, requires a down payment up front with the equipment order. Our leasing program is designed to accommodate deposit terms.

How to get started

• Calculate your monthly payment

In the box above, enter the equipment cost and click on "Calculate Payment".

This will generate a financing proposal showing what your monthly payment would be depending on the term length and purchase option. Longer terms have smaller, more affordable monthly payments. The purchase option is the amount you can purchase the equipment for at the end of the term. You can visit our purchase options page for more information.

• Helpful tools

Our tax benefits calculator provides a better understanding of available tax advantages such as Section 179 and bonus depreciation. These tax advantages can help you maximize your cash flow during the year the equipment enters service.

• How to apply

Complete and sign our one-page credit application and email it to us with a copy of the equipment quote. We'll work with both you and Econocorp to ensure an easy and seamless approval process.