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Financing options

Financing options

* Any financing offer requires a successful examination of the debtor’s financial standing!
Financing options		compare
Loans	Looking for a loan? Krone Finance lends you money at an agreed interest rate so as you can invest in a Krone machine.
Lease / rent	A leasing contract will not give you the ownership of the object; instead you pay a monthly rate for leasing the machine.
Hire purchase	A hire purchase allows you to rent the object for a defined period of time. During this hire time, you are entitled to purchase the object.
Supplier credit	A supplier credit from Krone Finance lends you the money for investing in a Krone machine.
Customer credit	A cusotmer credit lends you the required amount of money from one of our financing partners.
Letter of credit	A letter of credit is a letter from a bank in which the bank expresses its intention to pay for your Krone investment. The payment will be made only after the freight documents have been handed over.
Bank Payment Obligation (BPO)	A Bank Payment Obligation (BPO) expresses the bank’s commitment to pay for your Krone investment. The payment will be made at the earliest after a successful collation of electronic data.
APG general export guarantee	This guarantee is an export credit guarantee by the Federal Republic of Germany which grants you a limit for making the revolving purchase of KRONE equipment on open accounts and within a granted limit.

* Any financing offer requires a successful examination of the debtor’s financial standing!
	Loans	Lease / rent	Hire purchase	Supplier credit	Customer credit	Letter of credit	Bank Payment Obligation (BPO)	APG general export guarantee
Description	Looking for a loan? Krone Finance lends you money at an agreed interest rate so as you can invest in a Krone machine.	A leasing contract will not give you the ownership of the object; instead you pay a monthly rate for leasing the machine.	A hire purchase allows you to rent the object for a defined period of time. During this hire time, you are entitled to purchase the object.	A supplier credit from Krone Finance lends you the money for investing in a Krone machine.	A cusotmer credit lends you the required amount of money from one of our financing partners.	A letter of credit is a letter from a bank in which the bank expresses its intention to pay for your Krone investment. The payment will be made only after the freight documents have been handed over.	A Bank Payment Obligation (BPO) expresses the bank’s commitment to pay for your Krone investment. The payment will be made at the earliest after a successful collation of electronic data.	This guarantee is an export credit guarantee by the Federal Republic of Germany which grants you a limit for making the revolving purchase of KRONE equipment on open accounts and within a granted limit.
Repayment period	24 - 96 months	24 - 96 months	25 - 96 months	26 - 96 months	25 - 96 months	up to 36 months	up to 24 months	up to 12 months
Important aspects	the repayment terms are tailored to your individual needs access to funding programmes is available/li>	the repayment terms are tailored to your individual needs the object remains capitalized in the lessor's fixed assets. It will not show in your balance sheet/li>	the object is capitalized in your fixed assets a potential purchase price is fixed at the beginning of the lease	At least 15% of the total machine investment will be made as a downpayment the minimum value of the object is €2 million requires security for the loan granted		the repayment terms are tailored to your individual needs the European interest rate level can be passed on from Germany to countries in export markets by means of a sight letter of credit this requires the letter of credit to guarantee payment in Germany	the repayment terms are tailored to your individual needs BPOs that include payment terms make it possible to pass European interest rate levels from Germany to countries in export markets this requires the BPO to guarantee payment in Germany faster processes and customs clearance procedures cost savings	no lines of credit by your house banks required no downpayment required valid only outside OECD countries

* Any financing offer requires a successful examination of the debtor’s financial standing!