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3 to 6 Months No Pay/ Step Plan/ Ramp Up
Need a few months of no or low payments in order to get your new equipment and sales up to full potential? No problem with financing from IFS. We have the ability to offer our customers everything from 90 days of no or low payments all the way up to 6 months of no or low payments!
IFS also has the ability to set up a series of step payments as well. Frequently our clients need 3 months of no or low payments combined with a series of step payments to feel comfortable with the new equipment and the associated monthly payment. IFS can offer our clients as many series of step payments they want, and can tailor the amount of the payment to best fit current cash flow needs. A ramp up/ step payment plan like this can be very helpful while waiting for current debt to pay off or getting the machine now for a new contract that may be six months out.
In a recent example, IFS arranged financing for a new piece of equipment, and set up the payments to exactly match the current monthly payment the client was making on other equipment. As older debt expired, IFS ramped up the payment each time. The client never experienced a payment higher than they had historically paid, even with the new equipment!
IFS step payment plans are completely flexible, and are designed individually for each one of our clients.. Our goal is to make the process of equipment financing as easy as possible, and remove as much anxiety as we can. By giving our clients the option of customized payment programs, we set ourselves apart from the competition.
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