Equipment Financing for Your Business…Made Easy.

Your business needs financing and this is where to get it. Simply input your equipment cost, choose from a couple of drop-down options and you will see an estimated monthly payment instantly. From there you are able to request a quote or apply for financing – see…EASY.

Estimate a monthly payment for your new equipment.

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Equipment Financing

When a business is in need of equipment and doesn’t want to dip into cash reserves or their bank line, equipment financing is the way to go. That’s why Penn Tool Co. has entrusted Milestone Bank to provide financing options to their customers. No matter the type of business, Penn Tool Co. and Milestone Bank will help you secure the proper equipment to efficiently compete and flourish.

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.