PLAN FOR EQUIPMENT
of Barbee equipment is increasing every year. You can lease one
piece or a full shop. Leasing conserves your capital and allows
you to have Barbee equipment working profitably for you while you
pay for it. Here are the general rules on leasing:
- Barbee does
the financing thus we are able to extend to your company an attractive
- We require
one bank reference and three business credit references.
- A 20% down
payment is required.
- We lease
for 12, 24 or 36 months.
- Lease is
subject to final approval.
- Upon the
final lease payment, you may purchase the equipment for $1.00.
In U.S.A., please
call 1-800-626-5302 if you have any questions about leasing. In
Canada, phone 1-800-268-2839. In Kentucky, call collect 502-584-2155.
Cash: 1% discount for cash with order.
C.O.D.: There is no discount. A nominal C.O.D. charge is
made to the customer by the transportation company.
Sight Draft: No down payment is required. There is no discount
involved. Usually a nominal charge is made to the customer by the
Day Open Account: If payment is made within 10 days from date
of invoice, a 1% discount can be taken; otherwise full payment should
be made within 30 days. A 1 1/2% carrying charge will be made on
all accounts past 30 days.
30-60-90: There is no finance charge. Approval, however,
must be made at time of purchase. 25% is required as initial deposit
at time of order. Carrying charge at the rate of 1 1/2% will be
assessed on any balance in arrears.
Extended Terms: If longer terms than 30-60-90 are required,
customer would have to make arrangements through his own bank, or
take advantage of our Lease-Purchase Plan available up to 3 years.
Contact us for details.
Cash, C.O.D., Sight Draft and 30 Day Open are available on supply
items. (More specific information is same as covered above under
equipment.) 30-60-90 or Extended Terms cannot be given on supply
If an open account is desired, send three credit references plus
the name of your bank. Some businesses are rated in the name of
an individual rather than firm name. In such cases please furnish
down payment is required for custom built equipment.