Terex Announces Third Quarter Financing Programs

July 30, 2015

Southaven, Miss. (July 22, 2015) – As one of the most attractive financing programs offered by a compact construction equipment manufacturer, Terex offers a limited-time special 0% financing rates on all Terex® skid steer loader, compact track loader, compact excavator and compact wheel loader models. Terex is also offering cash discounts from $3,000 to $10,000, depending on the equipment model, in lieu of interest-free financing to best meet customers’ business needs. This program is now available through Terex compact equipment distributors in North America through September 30, 2015.

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From selecting the right machine for the application to determining the total cost of ownership, Terex focuses on helping customers maximize their equipment investment. “By combining Terex Construction’s broad range of compact equipment and services with our attractive financing programs, we are able to provide a positive ownership experience,” says Gary Dennis, vice president and general manager of Terex Construction Americas and Global Aftermarket. “Today’s customers expect more for their money from both their distributor and their manufacturer. We are committed to providing our compact equipment owners with more equipment choices and support before and after the sale.”

Customers who purchase a Terex skid steer loader or compact track loader in the third quarter will have three financing options available to choose from: 1) 0% interest financing for 60 months; 2) 0% interest financing for 48 months plus a free 2-year/2,000-hour full machine extended warranty; or 3) $3,500 customer cash on loader models under 60 horsepower (R160T, R165S, R185S, V200S, R190T, R200S, V230S) and $4,000 customer cash on loader models over 70 horsepower (PT-75, R265S, V350S, PT-110 and PT-110 Forestry).

Under the third quarter financing program, customers purchasing a Terex compact excavator can choose between 0% interest financing for 48 months or cash incentives of $3,000 on TC16, TC20 and TC29 models, $4,000 on TC35 and TC37 units, $5,000 on TC48, TC50 and TC60 machines and $7,500 on TC75 units.

Customers financing a Terex compact wheel loader in the third quarter can select 0% interest financing for 60 months or cash incentives of $5,000 on TL65 loaders, $7,500 on TL80 and TL100 models and $10,000 on TL120 units.

Offered exclusively through Terex Financial Services, the Q3 financing program is available on Terex skid steer loaders, compact track loaders, compact excavators and compact wheel loaders funded from July 1, 2015 to September 30, 2015. Participating customers are subject to the program’s terms and conditions, credit approval and completion of satisfactory documentation.

Part of the Terex family, Terex Financial Services offers a wide range of effective finance and leasing solutions, structured to complement customers’ cash flow and budgets. The Terex Financial Services team assists in all areas of asset management, from the analysis of future equipment values through the disposal of used equipment. With Terex Financial Services, customers work directly with financing professionals who understand the business and help operations get the equipment they need with financial solutions based on the business’ goals and objective.

For more information about Terex compact construction equipment, visit www.terex.com/construction. 

About Terex
Terex Corporation is a lifting and material handling solutions company reporting in five business segments: Aerial Work Platforms, Construction, Cranes, Material Handling & Port Solutions and Materials Processing. Terex manufactures a broad range of equipment serving customers in various industries, including the construction, infrastructure, manufacturing, shipping, transportation, refining, energy, utility, quarrying and mining industries. Terex offers financial products and services to assist in the acquisition of Terex equipment through Terex Financial Services. Terex uses its website (www.terex.com) and Facebook page (www.facebook.com/TerexCorporation) to make information available to its investors and the market.