Mills CNC refreshes its flagship ‘SMART Options’ initiative

Leamnghton Spa-based Mills CNC, the exclusive distributor of DN Solutions’ and Zayer machine tools in the UK and Ireland, has recently refreshed its ‘SMART Options’ machine tool rental scheme with the addition of a new brochure that explains the initiative in more detail to potential customers.

‘SMART Options’ is a market-driven, customer-focused and highly flexible machine tool rental scheme aimed at those manufacturers who may need additional machining capacity in the short term, but for one reason or another are not ready to commit to purchasing a new machine tool at this time.

Managed and administered by Mills CNC Finance, ‘SMART Options’ enables manufacturers to acquire a new DN Solutions’ machine tool for a 12-month rental period from Mills CNC with the option at the end of the period to return the machine or purchase the machine and get 100% of the rental payments made to date refunded against the original list price of the machine. With this option customers also benefit from a full 12 month’s additional manufacturer’s warranty. Another option is to extend the rental period on the machine for another 12 months.

Very competitive scheme
Mills’ ‘SMART Options’ rental scheme is very competitive and is offered at a ratio of just £30 (monthly payment) per £1,000 of the list price of the DN Solutions’ machine tool being rented. So, for example, a new Lynx 2100B lathe is available to rent, through the ‘SMART Options’ scheme, for just £1,920 per month.

Mills’ ‘SMART Options’ rental scheme is simple and straightforward with no hidden extras or upfront costs to worry about. There is no deposit to pay and machine tool delivery, installation and training are all included at no additional cost. The scheme also means customers can benefit from off-balance sheet accounting and reporting (subject to status), and be confident that rental payments are 100% allowable against taxable profits.

Tony Dale, Mills CNC’s Group CEO, said: “SMART Options is an exciting way for component manufacturers to acquire a new DN Solutions’ machine, and the scheme is evidence of Mills CNC’s commitment to ‘thinking outside the box’ for its customers.”