Coherix Partners Are Now Able to Offer Clients Equipment Leasing and Financing Arrangements Through an Expanded Funding Program With North Coast Capital Corporation
Ann Arbor, Michigan, August 7, 2014 — Many business owners find important growth and profitability through the use of new equipment. Equipment leasing and financing can deliver unique value by generating revenue or saving money in relation to a low-fixed payment for the use of equipment.
Coherix distributors and value-added resellers are able to offer their clients low monthly payments for Coherix 3D high definition metrology products. North Coast Capital Corporation provides programs for clients to acquire the capabilities they need and manage their finances to avoid debt, conserve working capital and gain potential tax advantages. Soft costs for installation, training and pass-through maintenance can be added to the equipment cost for a lease to 100% financing. Lease terms can be customized to seasonal cash flow and are flexible when matched to useful equipment life. Equipment can also be evaluated and upgraded periodically as necessary, reducing the cost of obsolescence and keeping up with advanced technology. At the end of a lease, equipment can be purchased for an agreed-upon price or returned. Go to http://www.northcoastcapitalcorporation.com for more information.
Coherix customers improve quality with first part right, minimize production waste, increase throughput, reduce warranty claims and improve product performance by implementing Coherix 3D technology. By viewing the profile of a precision surface in 3D, they can clearly understand conformance, tolerances, and where on the surface the measurement was taken. This virtually eliminates measurement method, processing and interpretation questions, enabling root cause analysis to begin effectively.
Coherix designs and delivers high-speed, high-definition, 3D metrology and inspection tools for product development and the management of manufacturing processes for the precision manufacturing and semiconductor industries. Headquartered in Ann Arbor, Michigan, the company has technical centers in Europe and the Asia Pacific region. Coherix products are being utilized around the world at companies such as ASE, SPIL, Marvell, BorgWarner, Ford, Honda, Allison Transmission, Chrysler, General Motors, Micron, Infineon, John Deere, Volvo Technology Transfer and Aisin, among others.
North Coast Capital Corporation, located in Farmington Hills, Michigan, offers commercial third party leasing and installment loan options to competitively meet customers’ equipment funding needs. Management has a strong 25-year history of participation and innovation in the long-term capital markets that includes funding over $1 billion of equipment and vehicles serving national manufacturers, dealers and vendor programs.