Whether you're wanting a new vehicle, plant or machinery, we're on your side
Equipment Finance offers a superb avenue for businesses aiming to grow through the acquisition of equipment or fit-outs that enhance operations. The flexibility of loan terms under Equipment Finance is particularly beneficial, aiding in cash flow management while ensuring your business remains equipped with the latest technology or machinery essential for its operations. Opting for Equipment Finance could potentially unlock tax advantages, making it a more financially savvy choice compared to outright purchases.
Lenders are keen on understanding the specifics of the equipment to be purchased, including its value and intended use. They will also delve into your financial health, requesting documents such as financial statements, cash flow forecasts, and other pertinent business information. Typically, the equipment purchased acts as the collateral for the loan, alleviating the need to secure the loan against other assets.