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equipment leasing

Financing equipment allows businesses to get the equipment they need without affecting bank or credit lines. No matter the type of business, you need the proper equipment to efficiently compete and flourish. That’s why Lease Corporation of America provides financing options for Penn Tool Co.: so your business can reach its full potential.

Penn Tool Co.

Penn Tool offers the finest selection of precision measuring tools, workholding devices, cutting tools, abrasives, metalworking machinery and MRO products at the best prices! Back in 1968, Penn Tool Co. was just a small hardware store on Market Street in Newark NJ. This particular area of Newark NJ was called the "Ironbound" section because of the network of railroad tracks and large metalworking industry in the area. As a result of the close proximity to The Penn Station Train Terminal, founder Gene Elson decided to name the business Penn Tool Co.