Norland International Bottled Water Equipemnt and Packaging

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Special to Norland Customers: New International and US Financing Programs.

Financing for Norland International Products

 

For Your Success in the Bottled Water Business:
Discover the Norland Advantage

Now our customers around the world can benefit from a new program available through Norland that expedites international financing for qualified buyers of our products and services.

In conjunction with the Export-Import Bank of the United States (Ex-Im Bank), Norland offers financing programs for international buyers through the company’s bank, First National Bank.

Norland has arranged for this financing program to better serve its customers around the world and to make doing business with Norland easier and more convenient. This program is another advantage our customers enjoy when they choose Norland.

Benefits:

  • Covers 100% of commercial and political risks
  • Flexible financing options and repayment terms
  • No limits on transaction size
  • Medium-term and long-term financing available

Eligibility:

Ex-Im Bank’s guarantee of a lender’s loan to an international buyer is generally used for financing purchases of U.S. capital equipment and services. Financing may also be available for:

  • Refurbished equipment
  • Software
  • Certain banking and legal fees
  • Certain local costs and expenses

Ex-Im Bank can do business in most markets. However, they may be limited or unable to offer financing in certain countries and under certain terms. Your lender will help guide you through the Country Limitation.

What you need to complete your applications:

Three years of audited financial statements. Financials include Balance Sheet, Profit and Loss, and a statement of cash flows. A summary of significant accounting principles should accompany the financials. It is not necessary, but highly recommended that financial statements are in English, converted to US Dollars showing the conversion rate. If the financials are more than 6 months old, interim financial statements will be requested.

Local bank guarantee. In many markets, it is advisable, and sometimes required to have a local bank guarantee the repayment of the loan. If necessary, First National Bank may ask for a letter from your local bank agreeing to guarantee the loan, and the maximum amount your bank is willing to guarantee. We will be happy to connect directly with your local bank to work together on your behalf.

Terms of sale. We will request copies of the sales contract/purchase orders/pro-forma invoices (whichever apply to the transaction). This evidences that the buyer and seller agree upon the terms of sale and will give us the basis to determine terms of the loan.

Description of end use of the goods. Will the equipment be used by the borrower in their country or will it be sold somewhere else? Please describe your project, your customers and any other companies or organizations involved in this transaction.

Other support. Is any other US or international development agency providing support for this deal? If so, describe a little bit about it.

15% Down payment. All buyers will need to pay 15% of the contract price up front or arrange for financing outside of the Ex-Im Guarantee.

Exposure Fees. Please be aware that Ex-Im needs to charge an exposure fee outside of any First National Bank interest or fees. Exposure fees can be as much as 7% of the entire financed amount. Please be aware of this when considering your business plan.

Approximate timeline. We would like to know a bit more about the shipping information and approximate dates. Will there be one shipment or multiple?

Why Ex-Im? We will work with you to learn about your business and why an Ex-Im Backed loan is beneficial and necessary for your transaction.

For more detailed information about this international financing program please call 402.441.3737

 


US Financing for Norland Bottled Water Equipment - Leasing with Dimension Funding

Instead of paying cash, why not let the equipment pay for itself? By leasing your equipment through Dimension Funding, you can get the equipment you want without hurting your cash flow. Dimension Funding offers low, fixed monthly rentals for U.S. customers over a long-term payment schedule which means the payments are made from the profits the equipment earns.

How it Works.

  1. Select your equipment configuration from your Norland sales associate.
     
  2. Print out the - Dimension Funding Credit Application. (260kb )
     
  3. After you have it filled out, please fax it to Dimension Funding at (949) 757-0663 to the attention of John Gallagher along with your quote from Norland. You will be contacted immediately to confirm receipt.
     
  4. You will receive a proposal detailing terms and conditions of the lease and any additional requirements to obtain approval.
     
  5. Upon lease approval, formal documents will be e-mailed or overnighted to you for your signature.
     
  6. After Dimension Funding receives signed lease documents, a purchase order will be sent to Norland to authorize delivery of your equipment.
     
  7. After equipment has been delivered, Dimension Funding will contact you to confirm receipt of equipment and your lease will commence.

    If you have any questions, please contact John Gallagher at 800-755-0585 ext. 244.

Why You Should Consider Leasing Equipment.

Leasing Overcomes Budget Limitations
Leasing lets you get the equipment free of budget ceilings. Low monthly payments lets you hold expenditures within budget limits.

Leasing Minimizes Obsolescence
Ownership and depreciation of equipment encourages its use beyond its productive life. At the expiration of a lease, you have the opportunity to replace worn or obsolete equipment.

Leasing Conserves Cash
Since a lease does not require a down payment, it is equivalent to 100% financing. Unlike many other types of financing, a lease does not require compensating bank balances.

Leasing Improves Cash Flow
Eliminating the down payment and creating a pre-tax write-off of lease payments creates cash flow and possible tax advantages. Also, lease terms are usually longer than direct financing which means flexibility for the end user.

Leasing Fights Inflation
Leasing costs remain the same over the life of the lease agreement, no matter how much prices and interest rates rise. A lease lets you use the extended term to pay for today's needs with tomorrow's dollars.

Leasing Simplifies Expansion
You never have to worry about selling old equipment. When the lease has ended we can help you arrange to trade in your equipment and lease newer, more modern equipment.
 

 

 Contact Information:

Address: Norland Int’l. Inc.
2001 SW 6th Street
Lincoln, NE 68522
Phone: (402) 441-3737
FAX: (402) 441-3735

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