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Summer 2006

New Lease Program Adds to Options for Owning and Operating Bobcat Equipment

Bobcat System

Bobcat System

PowerLeaseSM, an innovative operating lease, is the latest of several leasing and financing programs available from Ingersoll-Rand Financial Services, a division of CitiCapital Commercial Corporation and its subsidiaries ("IRFS"), to help you save time and labor with a variety of new Bobcat® equipment.

"The PowerLease is a simple, affordable alternative to traditional financing with flexible options to purchase, trade up or just walk away at the end of the lease," says Demian Tallman, a marketing analyst with IRFS.

The PowerLease can offer several advantages including cash flow and tax and accounting benefits. Also, it allows you to operate new equipment, upgrade your technology to reduce the potential downtime of older equipment and keep credit lines open to conserve operating capital.

All new Bobcat skid-steer and compact track loaders, excavators, Toolcat™ utility work machines, VersaHandler® telescopic tool carriers and up to two new attachments for each power unit are eligible for the PowerLease. It's designed for equipment used 800 hours or less a year; however, other hourly applications are available.

Flexibility is one attractive feature of the PowerLease. You know upfront the cost of buying the equipment during the contract. Two early buyout options allow you to purchase the machine for a pre-determined price at two different times during the life of the lease. Or, at the end of the lease, you can buy the machine for its fair market value or return it to your dealer.

Additional benefits of the PowerLease: No down payment is required; monthly payments are lower than traditional financing and no sales tax is due at signing.

"The PowerLease gives you the best of both worlds-a lower monthly payment and the option to purchase the equipment during or at the end of the lease term," says Tallman.

Contact your Bobcat dealer for details about the PowerLease and other financing options.