With the coronavirus causing so much uncertainty in the marketplace, many companies are understandably hesitant to invest in new machinery right now, even if they have a legitimate need. With this thought in mind, CNC machine-tool distributor Ward Hi-Tech has re-launched its ‘Confidence Package’, a simple rental scheme that enables users to lease a new CNC lathe or machining centre on a short or long-term basis. The machine can be purchased outright at the end of the rental period (with the rentals taken as a deposit) or simply returned, thus taking away the worry of long-term commitment.

Ward Hi-Tech business manager, Paul Eaton, says: “We’re extremely sympathetic to the dilemma that many customers find themselves in at the moment. They may be busy themselves, or with the manufacture of parts to help fight the virus, but with all the gloomy news they may lack the confidence to invest in a new machine tool right now, even if it appears sensible to do so.”
By taking advantage of the Ward Hi-Tech Confidence Package, any manufacturer with a current machine-tool requirement can select a new CNC lathe or machining centre from the company’s large showroom stock and decide which rental period best suits their needs. A varied stock of CNC lathes and machining centres is available, including lathes with chuck sizes from 8” to 32”, and vertical machining centres offering X-axis travel dimensions from 720 to 2600 mm.
Ward Hi-Tech is also able to provide outright purchase funding packages, utilising the Coronavirus Business Interruption Loan Scheme. The scheme includes 12 months’ interest contribution and no personal guarantees up to an investment of £250,000.
For further information
0114 2560333
pauleaton@wardhitech.co.uk
mikeburke@wardhitech.co.uk