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Summer 2011

PowerLease finance option helps with planning

In an industry full of economic uncertainty — from milk prices to feed costs — dairy producers know that any expenses that can be locked in for a specific period of time can be very beneficial.

Bruce Schneider, Brent Schneider and Mark Schneider with their Bobcat S650 skid-steer loader.

Bruce Schneider, Brent Schneider and Mark Schneider with their Bobcat S650 skid-steer loader.

"That's why we decided on the PowerLeasesm option offered by Bobcat when we were looking for a new skid-steer loader," says Bruce Schneider, who owns Schneider Farms with his brother, Mark, and nephew, Brent. "Knowing what our S650 is going to cost us for the next three years is very reassuring."

The Schneider farm — located near Venedy, Ill. — has been in the family since 1838. Bruce and Mark took it over from their father in 1976. Now with Mark’s son Brent joining the operation, an ambitious expansion plan is underway. The milking herd of 220 Holsteins is growing to 300 and new barns are being built.

"Planning on how our dollars are going to be spent has never been more important," Bruce says.

The Schneiders, who occasionally reviewed Bobcat® loaders in the past, took a much more serious look last year when they heard about the new M-Series machines. Both the loader and the lease program from Bobcat of St. Louis looked good.

The S650 is engineered to effi ciently complete tough jobs, with exceptional operator visibility, tight turning radius and powerful lifting and pushing performance.

"The skid-steer loader is the second-most important equipment on the farm after the milking machine," Bruce says. "We use it to scrape lots, load manure and feed, move bales and much more. Plenty of work has been added with the construction of our new barns."

In addition to the features of the new M-Series loader, the Schneiders were sold on the Bobcat PowerLease program.

Bobcat S650 skid-steer loader.

Bobcat S650 skid-steer loader.

PowerLease program

The PowerLease program is a simple, affordable alternative to traditional financing with flexible options to purchase, trade up or return the equipment to the dealer at the end of the lease. The Schneiders and other PowerLease users are operating new equipment with the latest technology and have reduced the chance of downtime. Cash fl ow, tax and accounting benefits are also possible. Additionally, monthly payments are lower than traditional financing and no sales tax is due at signing.

The Schneiders selected the three-year, 3,000-hour option with all parts and labor covered. "Based on our past history, using the loader about 1,000 hours a year should work perfectly," Bruce says. "For us, knowing our costs upfront and having a loader we can count on are the most important factors. So far, our Bobcat loader and finance program have delivered."