Power System Finance

Financial Solutions

Increasingly, modern balance sheets, capital budgets and cash flow pressure provide little scope for large outlays on infrastructure or equipment. Eaton, by partnering some of the largest bank and non-bank financial institutions can now offer simple financial solutions at competitive rates.

Options Available

Customers have four primary equipment finance options available to them:

Commercial Hire Purchase
This is ideal for a customer who is looking to own the goods through the term, expense the depreciation and interest portions and own the goods at the end of the term for whatever residual value the customer would like. CHP is ideal for goods that the customer would like to own via a financial balloon payment.

Financial Lease
Well suited to a customer that would like to expense the entire lease payment and may want to own the goods at the end of the term. This option provides for a certain residual value that will be an approximation of the market value of the goods at the end of the term. A Financial Lease is ideal for goods that will likely be turned over at the end of the term.

Operating Lease
Similar to a rental agreement, the customer expenses the payments in full and then looks to either hand the goods back at the end of the term with no residual obligation, may look to upgrade or mat even look to continue to lease the goods if they still have an application. Operating Lease is ideal for goods that will be turned over either before or at the end of the term, like IT and peripherals.

Term Loan
This is a simple loan facility with no balloon payment. The end result is ownership of the goods.
Any facility can be structured to meet the needs of the customer and this includes the ability to bundle all costs into the facility. These costs usually include, but are not limited to, servicing, maintenance and installation.