An innovative financing package based on asset finance, enables the purchaser of centre lathes to restructure and consolidate its existing equipment finance packages into the deal without increases.

An innovative financing package from Colchester Sales, based on asset finance, enables the purchaser of any of the range of Colchester CNC, combination and manual centre lathes to restructure and consolidate its existing equipment finance packages into the deal without having to increase the monthly payments. Based on a finance package engineered by Colchester Sales sister company 600 Finance, which is a specialist in generating machine tool equipment purchase packages, a Colchester Sales customer could install, for instance, a Tornado 120 three-axis mill/turn centre with integrated bar feed and 12 driven tool position turret for under GBP 50,000. It can then amortise any existing finance commitments into the package with no increase in monthly outgoings.

Also with 600 Finance schemes, Colchester Lathe users can have the benefit of five year mechanical and electrical breakdown cover which includes accidental damage, operator error and unforeseen problems such as impact collision.

The 'roll-in' finance package for new Colchester turning machines is available across the range and provides a cost-effective method of immediately benefiting from higher productivity from the latest high technology machines without affecting the cashflow of the business.

As part of the recently restructured Colchester Sales operation, where technical centres have been set up in Heckmondwike, West Yorkshire, 600 Centre in Shepshed for the Midlands and at RK International of Erith, Kent, for the South, the 600 Finance operation has the advantage of dedicated finance business managers, with high levels of understanding and expertise from their in-depth specialist experience with machine tool users.