Wednesday, April 29, 2015

Quick Pak - What the Packaging Trade is Saying!: Leasing Packaging Equipment

Quick Pak - What the Packaging Trade is Saying!: Leasing Packaging Equipment: EQUIPMENT FINANCING How Financing Can Benefit Your Business Use vs Ownership:  The value of equipment is in its use, not its o...

Leasing Packaging Equipment


EQUIPMENT FINANCING

How Financing Can Benefit Your Business

Use vs Ownership: The value of equipment is in its use, not its ownership. Financing enables you to pay for the equipment with future profit instead of working capital.
Affordability: Financing results in low monthly payments, and the equipment can be purchased for a nominal cost at the end of the lease term.
Fixed Payments: Fixed payments avoid the uncertainty of variable (floating) interest rates typical of bank financing.
Cash Conservation: Monthly payments leave cash available for operational expenses or seasonal cash flow needs.
Preserve Credit Lines: Borrowing from the bank shrinks available credit lines. Financing ensures that credit lines are available for non-equipment uses.
Tax Advantages: Lease payments (Off-balance sheet structure) may be tax deductible against income.
Easy: A simple, one-page application is generally all that is required for approval.
Quick: You can be approved for financing within one business day of receiving complete information.

Types of Leases

Operating Lease (Fair Market Value Purchase Option):
  • At the end of the lease term, the lessee has the option to purchase the equipment for its Fair Market Value.
  • Lease payments are charged to Operating Budget - which avoids Capital Budget constraints.
  • Lease payments are generally lower than all other financing options - and are 100% deductible against taxable income.
  • Leasing can greatly reduce the Cost Recovery Period for equipment.
  • Operating Leases are Off-Balance Sheet transactions and improve most financial ratios, including ROA, ROI, and Debt/Net Worth measurements.
  • Operating Lease payments are not an Alternative Minimum Tax (AMT) item.
Capital Leases (10% and $1.00 Purchase Options)
10% Purchase Option Lease:
At the end of the lease term, the lessee has the option to purchase the equipment for 10% of the original equipment cost.
$1.00 Purchase Option Lease: At the end of the lease term, the lessee has the option to purchase the equipment for $1.00.
  • Fixed purchase options.
  • Generally treated as a booked asset and liability on financial statements.
  • Fully depreciable for tax purposes (under MACRS.)
  • Preserves bank lines of credit for operations, real estate, or other capital expenditures.

It's Easy to Apply

Thank you for considering Quick Pak Inc for your packaging equipment acquisition. Your equipment representative can assist you in completing the following application.
We provide our Credit Application in a PDF format for your convenience:
DOWNLOAD CREDIT APPLICATION:(Click Here)
Please sign and fax the application to (813) 242-6985.
A Bank & Trade Reference sheet could be accepted in lieu of filling out the entire application. Please be sure that there is a signature at the bottom of the credit application, which gives us authorization to make credit inquiries.
Should you have any questions or require additional information, please contact our corporate office at your convenience. Our number is (813) 242 6995. Thanks again for choosing Quick Pak Inc. as your packaging partner.

Frequently Asked Questions

Why lease
Leasing offers fixed payments; provides financing for 100% of the equipment cost; allows businesses to pay for equipment while it is being used to generate income; and conserves both working capital and bank lines of credit.
Who can lease?
Corporations, Proprietorships, LLC's, Partnerships, and other Business entities using the equipment for business or commercial use.
What is the process for leasing equipment?
You fill out a simple, one-page lease application. (In certain instances, other financial information may be required such as financial statements or tax returns.) The supplied credit information is reviewed and upon approval the lease documents are prepared and sent to you for signing. Once we receive your signed documents, we issue a purchase order to your equipment vendor. Upon delivery of the equipment and acceptance by you, the equipment is paid for and the lease commences.
What factors are used to determine creditworthiness?
Type of business, time in business, financial condition, banking relationships, trade references, and Dun & Bradstreet or other credit bureau ratings.
What if my company or personal credit is not strong?
Call us to speak with one of our Leasing Specialists. It doesn't hurt to get a second opinion.
What is the minimum lease amount?
$5,000 is our minimum lease amount.
What types of leases are available?
We offer $1.00, 10%, and Fair Market Value lease purchase options.
How do I apply for a lease?
Applying for a lease is easy. You can print out our on-line lease application and fax it to us. You can also request that an application be emailed to you.
How are lease payments determined?
The monthly payment is based on the term of the lease, cost of the equipment, and the type of lease you choose.
How long does it take to approve my lease?
Lease applications can be approved within one day of our receiving complete information.
What happens once my lease is approved?
After lease details are confirmed with you, lease documents will be sent (overnight) for your signature.
When will the Purchase Order be issued to the vendor?
Once we have received signed documents from you, we will fax a purchase order to the vendor.
What is the true definition of "Fair Market Value"?
We hear the term Fair Market Value often discussed as a purchase option at the end of a lease. FMV is the amount that would be paid by an able buyer to a willing seller in an "arms length" transaction. At no time can a buyer be related to a seller under normal business practices.

Monday, April 27, 2015

Revolution Wrapper Warranty

REVOLUTION WARRANTY

Revolution LP/ST/PS Warranty Effective April 27, 2012


Quick Pak Inc warrants the Revolution Stretch Wrapper line for a period of 3 years from the date of invoice to be free from defects in materials and workmanship under normal use and service.
The purchaser is to contact Quick Pak Inc’s Parts & Service Department for a warranty claim. We will then assist with troubleshooting via the phone or email to verify the part has failed and decide if the part is to be replaced or repaired. If a new part is needed, an order will be created and shipped via UPS Ground. The faulted part is to be returned for warranty consideration, at the purchaser’s expense, within 30 days. A credit will be issued upon receipt pending inspection. If the part is to be repaired, at Quick Pak Inc’s discretion, then the failed part is to be returned to Quick Pak Inc and the appropriate steps will be taken thereafter.
Damage in transport is the responsibility of the carrier and is not covered by this warranty.
Wear parts such as, but not limited to; chains, rollers, bearings, fuses, circuit breakers, etc. are excluded from this warranty. Labor to remove or repair any component is also not covered by this warranty. This warranty shall not apply to misuse, corrosion, physical damage, negligence, inadequate voltage supply or modifications made without the written consent of Quick Pak Inc’s Parts & Service Department. Defective parts that have been damaged during removal, disassembled or tampered with will not be covered under warranty unless otherwise stated in writing.
Note: This warranty will not expire if the stretch film is purchased on a continuous basis from Quick Pak Inc

Quick Pak - What the Packaging Trade is Saying!: Stretch Film Prices up 7% end of May 2015

Quick Pak - What the Packaging Trade is Saying!: Stretch Film Prices up 7% end of May 2015: We have been informed by our raw material resin producers that they intend to implement a resin increase effective on May 1st. Due to this...

Stretch Film Prices up 7% end of May 2015

We have been informed by our raw material resin producers that they intend to implement a resin increase effective on May 1st. Due to this pending escalation in resin prices, as well as increased operating costs, we regrettably must increase the pricing on our stretch film products.



There will be a 7% price increase for all products, effective on all orders received on or after May 26, 2015. All orders must call for immediate delivery. (Amtopp) (Sigma) (AEP)
U.S. Stretch Film Producer April 2015

LLDPE Market Report-
Watched resin analyst reports April LLDPE pricing flat (no change). Sees real strength behind May Price increase efforts in the U.S.
Watch this space

U.S. Resin Firms Cleaning Up
Dow Reports First Quarter Results Delivers Record First Quarter Cash from Operations. Margins Expand to Highest Levels since 2005. Marks the Tenth Consecutive Quarter of Year-Over-Year Operating Margin Expansion. Returns $977 Million to Shareholders through Declared Dividends and Repurchases.
Trade News April 2015

Wednesday, April 22, 2015

Quick Pak - What the Packaging Trade is Saying!: Resin and Plastic Pricing News

Quick Pak - What the Packaging Trade is Saying!: Resin and Plastic Pricing News: Spot resin trading was solid, transactional volumes increased even though the flow of offers diminished. Polyethylene prices were steady t...

Resin and Plastic Pricing News

Spot resin trading was solid, transactional volumes increased even though the flow of offers diminished. Polyethylene prices were steady to higher while spot Polypropylene finally began to ease, but just a tad. PE contracts should roll steady for the second month in a row, producers en masse have issued a $.05/lb price increase effective for May, looking to start reversing the $.16/lb of decreases seen from Nov-Feb. 




Polypropylene contracts are decreasing in April, but it will be something less than the $.06/lb decline in PGP monomer costs. Despite the continued strength in the US dollar, export demand for North American resins remains strong due to a number of international cracker and reactor outages creating a need for more material.

LLDPE PRICE MOVES "Polyethylene prices were steady to higher."

LLDPE MAY INCREASE "PE contracts should roll steady for the second month in a row,resin producers en masse have issued a $.05/lb price increase effective for May, looking to start reversing the $.16/lb of decreases seen from Nov-Feb."

PE EXPORTS STRONGER "Despite the continued strength in the US dollar, export demand for North American resins remains strong due to a number of international cracker and reactor outages creating a need for more material."

MARKET DYNAMICS I "Natural Gas futures bounced off nearly 3 year lows, recovering almost 5%, as June jumped $.121/mmBtu to $2.679/mmBtu."

RESIN DEMAND UP "Polyethylene trading continued to tick along at a rapid rate; the market is seeing both better demand and lighter supply."

LLDPE FINDS FLOOR "The PE market has a firm undertone and the lower end of the pricing spectrum has moved up in general."

Trade Reports April 2015

Quick Pak - What the Packaging Trade is Saying!: Stretch Wrap Recycling

Quick Pak - What the Packaging Trade is Saying!: Stretch Wrap Recycling: Why Recycle Stretch Wrap? Stretch wrap is one of the largest components of a DC’s (distribution Center) waste stream. Those that...

Stretch Wrap Recycling

Why Recycle Stretch Wrap?



Stretch wrap is one of the largest components of a DC’s (distribution Center) waste stream. Those that do not recycle stretch wrap must pay to have it hauled away with the rest of the trash and disposed. A large DC can generate thousands of pounds of stretch wrap per year — and that carries weight on the bottom line.

Recycling stretch wrap offers an attractive alternative to disposal. There are ready markets for clean material and many firms are especially interested in working with businesses. Also, stretch wrap is relatively easy to identify and recover. It arrives at the dock in a fairly clean, uncontaminated state. If kept that way, it has real market value. In fact, pound for pound, stretch wrap may be the most valuable scrap material a DC can recover.

Stretch wrap is most commonly made of linear low density polyethylene, or LLDPE. Most of us know it as the material that secures pallets of individual containers. Pallet stretch wrap is used by product manufacturers and distributors to bind shipping cartons to pallets going to a warehouse/distribution center (W/DC). It is also used at the W/DC to wrap pallets sent to customers.

Baling the Stretch Wrap

To lower the costs of storage and transportation, stretch wrap should be baled.  Fortunately, a special baler is available that requires no power or hook-up.   The Revolution Plastic baler is specifically designed for stretch wrap will yield denser bales and lower transportation costs.

Participation

Your employees hold the key to the success of your stretch wrap recycling program.
Make sure they understand the importance of their contribution.
• Emphasize their role in helping your company achieve important environmental goals.
• Underscore that tape and paper labels are serious contaminants and must be removed.
• Discourage the use of recycling containers as trash receptacles — especially among those employees not directly involved in the recycling program.
• Recognize that ongoing employee education and motivation will be essential to long-term success.

More information on plastic recycling and the Revolution Plastic Baler is available from Quick Pak Inc.

REVOLUTION PLASTIC BALER


The Revolution Plastic Baler is a small hand operated baler for plastic wrap and bags.

With a footprint of only 23" x 28" this machine produces bales of up to 75 Lbs of plastic film.

The machine is suitable for Offices, Farms, Factories, Warehouses and distribution centers.

Needing no power source the machine can be used anywhere and is ideal where space is limited or ceiling height is low.

Revolution Plastic Baler Specifications:

Dimensions (W x D x H): 23” x 28” x 47” (71” open)
Bale Size: 17” x 14” x 26”
Bale Weight: up to 75 Lbs
Number of Straps: 2
Weight: 110 Lbs
Extras: Wheel set and Axles.
SKU:100700

Your Price: $1,490

Monday, April 20, 2015

Quick Pak - What the Packaging Trade is Saying!: Felwrapper F-240 PVC Laundry Wrapper

Quick Pak - What the Packaging Trade is Saying!: Felwrapper F-240 PVC Laundry Wrapper: Our Felwrapper Console F-240 PVC wrapper is used for large volume laundry processing and wrapping.  The F-240 PVC wrapper is used to pack...

Felwrapper F-240 PVC Laundry Wrapper

Our Felwrapper Console F-240 PVC wrapper is used for large volume laundry processing and wrapping.  The F-240 PVC wrapper is used to package large stacks of cleaned laundry, sheets, towels and various medical clothing with PVC Laundry Wrap and PVC Cling Film. 




We offer a variety of easy-to-operate and versatile laundry wrappers for all applications. Save time and money by utilizing a one-step wrap and seal operation using cost effective PVC stretch wrap and PVC cling film.  Ideal for independent family laundries as well as large commercial and industrial laundries, hotels, hospitals, educational institutions, and linen supply companies.
Felwrapper F-240 Deluxe Wheeled Console Wrapping Station
Exclusive "Quick Change" film selector
Holds two rolls of wrap up to 40" wide
Half the size of table top and competitor models
Warm rod film cut off and variable heat seal plate

F-240 Specifications:
42.25”w x 26.5”d x 33.5”h
12"x 30" seal plate
Unit Weight 150 Lbs / Shipping Weight 190 Lbs
110v-120v, 12 amp, 1300 watt
220v conversion kit available.
SKU:100617
Your Price:$

List Price: $2,250.00

Thursday, April 16, 2015

Quick Pak - What the Packaging Trade is Saying!: Steel and Plastic Strapping from Quick Pak Inc

Quick Pak - What the Packaging Trade is Saying!: Steel and Plastic Strapping from Quick Pak Inc: As a leading worldwide distributor of protective packaging systems that apply plastic and steel strapping, Quick Pak Inc develops products ...

Steel and Plastic Strapping from Quick Pak Inc

As a leading worldwide distributor of protective packaging systems that apply plastic and steel strapping, Quick Pak Inc develops products that have been engineered specifically for your application; systems that protect your products, streamline your production and improve your profits.








Quick Pak - What the Packaging Trade is Saying!: 3/4" X .023 SAMUEL REGULAR DUTY STEEL STRAP

Quick Pak - What the Packaging Trade is Saying!: 3/4" X .023 SAMUEL REGULAR DUTY STEEL STRAP: 3/4" X .023 SAMUEL REGULAR DUTY STEEL STRAP 3/4" x .023 Regular Duty Steel Strapping A cold-rolled, medium carbon steel strappi...

3/4" X .023 SAMUEL REGULAR DUTY STEEL STRAP

3/4" X .023 SAMUEL REGULAR DUTY STEEL STRAP

3/4" x .023 Regular Duty Steel Strapping A cold-rolled, medium carbon steel strapping. Manufactured with superior edge conditioning and coating. To ensure the best performance of these strapping materials, be sure to check out the full line of application equipment and accessories, including seals, hand tools, power strapping machines and dispensers. All Regular Duty Steel Strapping products contain 12 coils per skid.



Coil is: 100 Lbs

12 Coils per Pallet

Total Lbs per pallet is 1200 approx.

You are buying 1 pallet (1200 Lbs)

FREE Freight on 3 pallets (3600 Lbs).

SKU:16958S

Price: $980.00

Wednesday, April 15, 2015

Quick Pak - What the Packaging Trade is Saying!: Revolution Table Top Strapping Machine $750 Delive...

Quick Pak - What the Packaging Trade is Saying!: Revolution Table Top Strapping Machine $750 Delive...: A low cost solution to your strapping needs = $750/EA Delivered.  The Revolution TT is designed for general purpose semi-automatic strap...

Revolution Table Top Strapping Machine $750 Delivered

A low cost solution to your strapping needs = $750/EA Delivered. 
The Revolution TT is designed for general purpose semi-automatic strapping.

Although it is our lowest priced strapping machine, the low cost does not come at the expense of quality, consistency or reliability.  Each Revolution TT comes with the Quick Pak’s 90 day strapping machine warranty, including online support for the life of the machine. We carry an extensive list of parts in inventory.
Easy access to inside of machine for maintenance and cleaning.  The Revolution TT has a convenient operator’s panel and internally controlled tension. In addition, all electronics are controlled with an integrated circuit control board to minimize down time and maintenance.
The Revolution TT is the only table top strapping machine with leg height adjustment from (30” to 35”). 110 volt power supply, four locking casters, easy to load coils of strap and heavy duty steel frame.
TECHNICAL SPECIFICATIONS
Dimensions: 36.4”L x 23”D x 30”H (adjustable table height 30" to 35.6")
Package Size: Minimum: 2.4"
Maximum: Unlimited
Weight: 190 lbs.
Tension Range: 30 – 110 lbs.
Speed: 2.0 seconds per cycle
Strap Size: 1/4” – 5/8”
Core Size: 8"x 8" Core I.D
Power: 110V
90 Day Warranty on non-wear parts.

Thursday, April 2, 2015

Resin Prices On The Move UP



Top Stories
New PE Price Increase
At least three major Polyethylene producers - ExxonMobil, ChevronPhillips and Equistar (LBI) have nominated a fresh $.05/lb price increase for May Polyethylene. (Exxon Mobil) (ChevronPhillips) (Lyondellbasell)

Mike Burns Twitter‏@RTiBurnsPE
Exxon announced a $.05 increase for May 1st. Exxon has been the major supplier that has positioned price increases and decreases

LLDPE RESIN MARKET ACTION "resin markets saw sporadic bursts of action and prices were steady to higher"

MARKET DYNAMICS I "Natural Gas fell further to new contract lows, dropping a hefty $.164/mmBtu to $2.639/mmBtu"

PE SALES THIS WEEK "Polyethylene trading ebb and flow, PE prices on average gained a half-cent"

RESIN PRICE HOLDS "March contracts held steady, stopping their four month $.16/lb slide."

MARKET DYNAMICS II "Stretch film makers are looking for further relief in April, citing record Polyethylene inventories along with low energy and feedstock costs."

Spot PE prices, down by over 20¢/lb, are very close to bottoming out. Most processors are still buying as needed in anticipation of lower prices ahead.
Trade Reports March 2015

PVC BUYERS RESIST HIKES
However, PVC suppliers announced two 3¢/lb price hikes, which one analyst refers to as “a defensive move” in order to stem any further price erosion. Implementation of an increase this month remains an open question. There is a lot of optimism for some real growth this year in PVC demand.
Trade Reports March 2015