Miller Electric Manufacturing Co. last week announced its partnership with Wells Fargo Financial to create the PowerLINE Finance program, which offers a 12-month, zero-percent business-financing plan to qualified borrowers for purchases of Miller-brand arc welding and plasma-cutting equipment and accessories. The zero-percent financing offer applies to $10,000-minimum purchases of any Miller brand equipment and is available through Sept. 30. Two-, three-, four- and five-year terms are also available with rates subject to monthly charges. Credit approval is usually completed within 24 hours. For program details, visit www.MillerWelds.com/financing.
Financing is provided through Wells Fargo Financial and applies only to Miller-brand equipment or accessories. Charged amount can include tax, freight and installation charges. Application forms are only available through participating Miller distributors. A company must have been in business for at least two years and have a federal tax I.D. number to qualify. Other restrictions may apply.
“PowerLINE allows companies to expand or upgrade their equipment at a time when lenders remain conservative and credit for equipment purchases remains tight,” said Tim Swanson, vice president of marketing, Miller Electric. “Many companies require additional equipment to meet increased demand or want to replace older, worn equipment to take advantage of the increased productivity of today’s technology. Miller wants to ensure that its customers have access to loans at competitive rates so they can take full advantage of the opportunities that present themselves.”
Miller Electric Manufacturing Co., headquartered in Appleton, Wis., is a worldwide manufacturer of Miller brand arc welding equipment and is a wholly owned subsidiary of Illinois Tool Works Inc.