Realizing that the current economic downturn could impact sales, Manncorp has introduced an equipment leasing program that is instantly accessible online.

According to CEO Henry Mann, the new service custom tailors individual equipment leases upon activation of the “Insta-Lease” link on any Manncorp product. Within seconds, users are e-mailed a chart showing monthly payment options for lease terms ranging from 24 to 72 months. (For an actual demo, access https://www.manncorp.com/wave-solder/45.400/ then click on any of the “Insta-Lease” buttons.)

Mr. Mann points out that this preliminary information is furnished at no obligation. “Lease terms are finalized once equipment options are selected and Manncorp’s Internet-discounted quotation is submitted.”

The CEO regards Insta-Lease as an important adjunct to his company’s “Insta-Quote” program, which shattered industry precedent by furnishing immediate Internet pricing on any Manncorp product. “However, now that bank credit has tightened,” he points out, “leasing has become an important management tool, conserving capital, while enabling PCB assemblers to have the equipment needed to make them more productive.”