KUKA
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Mehmi Financial Group helps businesses finance and lease KUKA equipment, including robots, in Canada and the USA. As a brokerage, we compare options from banks, equipment finance companies and alternative lenders for new and used KUKA units, from dealer purchases to private sales. Approval, rates and terms are set by each lender.
About KUKA
KUKA is a German robotics and automation company headquartered in Augsburg, Bavaria. It develops industrial robots and automated manufacturing, intralogistics and healthcare automation systems, and describes itself as a robot manufacturer and pioneer in the industry.
KUKA equipment
KUKA robots are used in automotive, metal fabrication, food, logistics and medical manufacturing for welding, handling and assembly.
How lenders view this equipment
Robots are usually financed as part of an automation cell. Lenders review the full project cost (robot, integration, tooling and guarding), the business's financials and expected productivity gains.
Financing KUKA equipment
Integration and soft costs can sometimes be included. Used robots are financed based on age, hours and controller.
How KUKA equipment financing works
Most KUKA purchases are financed with an equipment loan or a lease. A loan gives you ownership from day one, with the lender registering a security interest (PPSA in Canada, UCC in the USA). A lease keeps title with the lessor and can lower the monthly payment, with a buyout, renewal or return option at the end.
What lenders check on a KUKA robot
Lenders look at the machine type, installation and tooling costs, and the contracts or production the equipment supports. Soft costs such as rigging and installation may be included, subject to lender approval.
Expect to provide a credit application, recent business bank statements, the dealer quote or bill of sale with serial number and age and usage, and financial statements or tax returns for larger amounts.
See the full list of eligible equipment, compare equipment financing options, or estimate payments with the equipment financing calculator.
All KUKA models with financing pages
| Model | Type | Category |
|---|---|---|
| KUKA | Equipment | Manufacturing |
| KUKA KR 150 Robot | Robot | Manufacturing |
| KUKA KR 210 Robot | Robot | Manufacturing |
| KUKA KR 60 Robot | Robot | Manufacturing |
| KUKA LBR Iisy Collaborative Robot | Robot | Manufacturing |
Tax treatment of KUKA equipment
In Canada, machinery used to manufacture or process goods has its own CCA classes (Class 43 and Class 53), and which one applies depends on the asset and purchase date. Confirm the class with your accountant. With a loan, you generally claim capital cost allowance and deduct interest. With a true operating lease, lease payments are generally deductible instead. See the CRA classes of depreciable property. In the USA, Section 179 and bonus depreciation may apply; see IRS Publication 946. Always confirm with your accountant.
End-of-term options on a KUKA lease
A $1 buyout lease is built for ownership: you keep the machine for a nominal amount at the end. A fair market value lease usually has a lower payment, and at the end you can buy the equipment at its market value, return it or upgrade. Read the return conditions, such as hour limits and wear standards, before you sign.
Who finances KUKA equipment
Manufacturing: fabricators, machine shops, plastics and packaging manufacturers, food processors and contract manufacturers finance KUKA equipment to take on new work, replace aging units or add capacity.
The right structure depends on how the equipment earns money. A machine tied to a long contract can support a longer term, while seasonal work may call for skip or seasonal payments that some lenders offer.
Questions to ask the dealer or seller before you finance
- What is the exact model year, serial number and age and usage?
- Is there a service history or recent inspection report?
- Is any warranty or extended coverage included, and does it transfer?
- Are attachments, delivery, installation and taxes itemized on the quote?
- For a private sale, is the equipment free of liens, and who will provide the bill of sale?
Insurance on financed KUKA equipment
Lenders and lessors require the equipment to be insured for its replacement or financed value, with the lender named as loss payee, before funding. Some also ask for liability coverage. Getting an insurance quote early avoids last-minute delays.
Frequently asked questions
Can I finance a KUKA robot cell?
Yes, including integration where it is on the quote.
Where is KUKA headquartered?
In Augsburg, Bavaria, Germany.
Can I finance a used KUKA robot?
Yes. Lenders review age, hours and controller.
What do lenders review for automation projects?
The full project cost, integrator quote and financials.
Can several robots be financed together?
Yes. Lenders can finance full automation lines.
Can a robot be leased?
Yes. Leases can spread the cost of automation.
