Cobot manufacturer Universal Robots and global vendor finance company, DLL, have launched a new cobot leasing programme.
The partnership, called UR Financial Services, aims to enable all manufacturers to access cobots without an upfront capital investment.
Universal Robots’ distributor network will work with DLL’s finance team in each country to provide new payment and leasing options for interested customers.
Klaus Vestergaard, CFO at Universal Robots, said: “UR Financial Services offers end-users a fast, low-risk and financially-friendly model to accelerate automation in their factories.
“The partnership makes it easy to upgrade existing cobots, add additional units or test cobots for the first time – and equips end-users to maximise productivity, quality and profitability, without increasing costs or cash outlay.”
With DLL’s financing and leasing programmes, Universal Robots customers will have the option to schedule payments to fit fluctuations in cash flow, upgrade to new equipment, or add cobots anytime during the contract term.
At the end of the finance term, customers will also have the option to buy the equipment for a percentage of the original cost, upgrade to newer technology, extend the finance term or return the equipment.
Neal Garnett, president of construction, transportation and industrial for DLL’s global business unit, said: “Through this partnership we can now offer financial solutions for a wide variety of automation equipment.
“Our tailored financial solutions give Universal Robots’ end-users an easy way to reduce the risk of deploying cobots by shifting from ownership to flexible, usage-based financing.
“Manufacturers can build the operations they need to compete and thrive, while people work on strategic tasks.”