Machinery manufacturer Engel (Schwertberg / Austria; www.engelglobal.com) has come up with an attractive offer for customers in the present credit crunch and economic crisis: a range of financing models to help them make necessary acquisitions if tight liquidity makes it difficult for them to obtain funding.

The financing and leasing models are offered in cooperation with Deutsche Leasing and are flexible tools designed to minimise pressure on liquidity. A simplified approval procedure enables companies to obtain financing quickly and easily, without difficult negotiations with their bank. Engel is offering a stable, future-oriented model to help customers arrange financing rapidly and reliably in the present situation, the company said.

Engel is also offering a contingent of vendor credits to international customers after a creditworthiness check to cover current investment plans. This family-owned company thus effectively acts as a bank for its clients. Its aim is to close the financing gap in the present economic crisis in a fast and unbureaucratic manner.