GARNER, IA - Iowa Mold Tooling Co. Inc. (IMT) and Wells Fargo Equipment Finance, Inc. (WFEFI) have announced a new financing program for IMT equipment. The program is designed to provide unique and competitive financing options to IMT customers.
Financial product options with the new program include equipment loans, terminal rental adjustment clause (TRAC) leases and municipal equipment financing. Terms range in length from 36 to 84 months, and seasonal payments are also available. WFEFI will also work with IMT customers to provide other customized financing solutions in order to meet specific needs.
Up to 100 percent of the net invoice amount may be financed, on approved credit. Credit decisions will typically be made within one business day following WFEFI's receipt of a completed application for transactions under $250,000. For amounts greater than $250,000, a credit decision can often be made within three business days after receipt of a complete credit application.
This program is only offered through authorized IMT equipment dealers in the U.S. on complete IMT packages installed to IMT standards on new truck chassis.