Leasing contracts now available on capital-intensive machinery

17 February, 2015: Professional contractors are no longer required to make substantial investments in costly floor grinding and dust collecting equipment, which is now available on a lease basis from Diamond Products– a leading specialist in the manufacturing, assembly and sale of diamond tools and equipment for industrial applications.

Diamond Products has teamed up with Merchant West – an authorised financial services provider specialising in business finance and advisory services that result in flexible, innovative solutions customised to client needs – by offering leasing contracts on equipment worth R50 000 and above.
This is a major benefit to customers, who are not bound to capital-intensive purchase contracts. Instead, we will negotiate the capital amount to be leased as well as the term required with the customer, before Merchant West conducts a thorough credit check application.

Diamond products director Brian Clark reveals that all the machines are leased with a maintenance contract in order to ensure that the equipment is well maintained over the lease period. “After the lease period is up, the machines are sold to the customer at a substantially reduced cost,” he notes.
The lease contracts were introduced in mid-2014, and have been well-received by the market. “Diamond Products is a forward-thinking company that strives to satisfy customer demands. Following consultations, we discovered that customers wanted the option of lease contracts between 24 and 36 months. We proactively obliged, and feedback has been good,” Clark concludes.

For more details on the makes and models of the machinery products available for leasing, email or visit www.diamondpc.co.za