Franssons shredders and services
Financing guide
Our service
By providing financing, we can do more for our customers.
LARS FRANSSON, CEO FRANSSONS RECYCLING MACHINES
It all starts with Franssons Finance
We finance your machine Franssons Recycling Machines manufactured shredders since 1945. The brand Franssons represents strong and robust machinery, made for real life. Now Franssons gives the customers possibility to also become stronger and more competitive, with advantageous financing of Franssons machines. Recently Franssons and the Swedish bank Handelsbanken has reached several agreements advantageous to their customers. From this arises Franssons Finance, whose role is to co-finance the acquisition of machinery Franssons. - We work to develop our services according to the needs of our customers, says Lars Fransson, CEO of Franssons Recycling Machines.
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Advantages
A proper machine and good financing is the key to success.
9 points for a viable investment
Advantages 1. No financial burden in your country. The financing is in Sweden and is not registered in your local bank. 2. Low interest 2-4 %ยน. 3. Linear amortization of outstanding amount. The cost of interest decreases and therefore also the installments. 4. Purchase without VAT. Increase your liquidity. Buy directly from Franssons Sweden, invoices are intra-EC and therefore have no value added tax. 5. Installments every 6 months. First installment six months after delivery. In total 10 installments over five years. 6. No residual value. The 10 installments consist of the total value of the investment. 7. Easy submission of documents. Normally enough with a financial report of the past three years obtained from D&B. 8. Fast handling, 7-14 days. 9. Possibility to finance whole plants. Financing is available for Franssons machines and partly peripheral equipment.
ยน Fixed interest 2-4%, 2% cost of the guarantee, and study 2% opening and register. Franssons reserves to changes.
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Requirements
Financing should be available to successful investments.
Easy financing in difficult times
Requirements •
Entry in 2 installments: 10% upon signing the order and 10% before delivery of the products.
•
Customer’s financial situation must be accepted by the finance department (balance from the last three years).
•
The object must be new and Franssons manufactured products and / or services provided by Franssons.
•
All documentation will be provided and maintained in English.
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The client must be permitted to make intra-EC transactions (only necessary for European countries).
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Financing is valid for investments >150.000€, outside Scandinavian Countries.
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The client inspects and accepts the machine at the factory before shipment.
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Semiannual dues are paid to the Swedish bank Handelsbanken.
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Practical case
Ensure the sustainability of your business.
Finally a common sense funding
Practical case Amortization of the capital is linear. This means, you pay less interest at the end, because the loan decreases. Below is a practical example. Franssons reserves the right to changes.
Investment: 1st entry 10%: 2nd entry 10%: Disbursed: Installments:
No. days
€ 200.000 € 20.000 € 20.000 € 160.000 10
Installment
Outstanding
Interest 6,9%
Amount on each bill
Monthly cost
4.692,00
20.692,00
3.448,67
160.000,00 153
16.000,00
144.000,00
181
16.000,00
128.000,00
4.995,60
20.995,60
3.499,27
184
16.000,00
112.000,00
4.514,13
20.514,13
3.419,02
181
16.000,00
96.000,00
3.885,47
19.885,47
3.314,25
184
16.000,00
80.000,00
3.385,60
19.385,60
3.230,93
181
16.000,00
64.000,00
2.775,33
18.775,33
3.129,22
184
16.000,00
48.000,00
2.257,07
18.257,07
3.042,85
182
16.000,00
32.000,00
1.674,40
17.674,40
2.945,73
184
16.000,00
16.000,00
1.128,53
17.128,53
2.854,76
181
16.000,00
0,00
555,07
16.555,07
2.759,18
29.863,20
189.863,20
Total amount:
189.863,20
Total
160.000,00
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Steps
A world of oportunities.
Simplicity is a great advantage
Steps
Comercial agreement
Financing offer
First entry 10%
Invoice 80%
Second entry 10%
Franssons manufactures the products
Delivery of the products
First installment after six months
1.
You make a trade agreement with Franssons.
3.
You accept the quote and pay first entry 10%.
2. 4. 5. 6. 7. 8.
After 7-14 days you receive a financing quote. Franssons manufactures the products in Sweden.
You inspect the finished machine and pay the second entry.
Franssons issues the invoice of rest 80% and you pay the invoice with the letters you have signed with Handelsbanken. Franssons delivers the products.
You pay the first installment to Handelsbanken after six months.
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Franssons Finance Timmerv채gen 8 852 53 Sundsvall, SWEDEN Tel: +46 60 56 78 60 info@franssons-finance.com
www.franssons-finance.com