When you're running a CNC machine shop or managing operations in a busy facility, one thing is certain: you need the right tools to get the job done. But high-quality industrial equipment—like sump cleaners, tilt carts, and dispensers—can be an upfront expenditure. That’s where lease-to-own programs come in.
What is Lease-to-Own?
Lease-to-own (also known as rent-to-own) is a flexible financing option that allows businesses to lease equipment and buyout for $1 at the end of the lease. You make affordable monthly payments, use the equipment right away, and gradually work toward ownership—without the big upfront cost.
How It Works
· Choose Your Equipment: Select the industrial equipment your team needs right now.
· Set Your Terms: Decide on a lease term—typically 12 to 60 months.
· Use While You Pay: Put the equipment to work as you make manageable monthly payments.
· Own It: At the end of the lease, pay a small residual amount (generally $1!) to take full ownership.
Why Lease-to-Own?
✅ Lower Upfront Costs
Instead of a large capital expenditure, you spread payments out over time. This helps protect your cash flow and keeps you agile.
✅ Immediate Access to Equipment
You don’t need to wait until you’ve saved up the full amount. Get the tools you need to grow, now—not later.
✅ Predictable Budgeting
Fixed monthly payments make it easier to plan your finances, track ROI, and avoid surprise expenses.
✅ Tax Advantages
Lease payments may be deductible as a business expense—check with your accountant to see what applies to you.
✅ Ownership at the End
Unlike a rental, you're not just borrowing the equipment. You’re building toward something you’ll own.
Is It Right for You?
Lease-to-own is ideal for:
· Small to mid-sized shops looking to expand
· Facilities needing to upgrade outdated systems
· Businesses who want to conserve capital for other needs
Whether you're replacing aging sump cleaners or need an extra cart to handle increased production, leasing to own gives you options without compromise.
Interested in lease-to-own for your shop?
Contact CECOR to learn more about our flexible financing options and get a personalized quote.