Rate Reduction Program

Finance your next machine tool purchase today.

Low, fixed rates, no prepayment penalties, and up to two rate reductions. 


Clark Machinery Sales Financing with Banterra

Clark Machinery Sales Financing with Banterra

Get Flexible and Competitive Financing for Your Machine Tool Purchases

At Clark Machinery Sales, we are proud to partner with Banterra Bank to offer competitive and flexible financing solutions for our valued customers. Whether you’re purchasing new or used CNC machinery, Banterra’s financing program makes it easier to invest in high-quality machine tools and grow your business.

 

Why Finance with Banterra?

Banterra Bank’s Machine Tool Finance Rate Reduction Program is designed to help you save and succeed in the ever-evolving industrial equipment landscape. Here’s how you can benefit:

  • Fixed Rates with Flexibility: Enjoy low, fixed interest rates for terms up to 72 months.
  • Two Rate Reductions: You can request up to two rate reductions over the loan term if market conditions improve, with no need to refinance.
  • No Prepayment Penalties: Pay off your loan early without any extra fees after 12 regular payments.
  • 100% Financing Available: Get 100% financing with the option to defer your first payment for up to 90 days.
  • Fast and Simple Process: Quick approval, fast electronic documentation, and loan amounts up to $500,000.
  • Principal Payments Flexibility: Make additional principal payments at any time to save on interest.

 

How the Rate Reduction Program Works:

Banterra offers a unique Rate Reduction Program that allows you to lower your interest rate after making 12 timely payments. You can request:

  • First Rate Reduction after 12 timely payments.
  • Second Rate Reduction after 6 more timely payments following the first reduction.

With each reduction, you could decrease your rate by up to 1.00% (based on current Banterra rates), helping you take advantage of falling rates without the need to refinance your loan.

View Loan Application