If you're business is looking to buy new equipment, or replace/upgrade existing equipment, you should consider equipment finance as a financial option.
Equipment finance provides peace of mind when it comes to your businesses cashflow, as you will have a manageable monthly repayment. Agreements can be in the form of an operating or finance lease, a hire-purchase or a chattel mortgage.
Generally, lenders will provide finance secured by the equipment being purchased or hired. This can be for electronics, machinery, fit-outs - basically any tangible asset other than real estate.
Equipment finance is generally for smaller items so if you require heavy machinery, or you are looking to purchase a vehicle, there may be an alternative financial solution. Our team's experience in business and commercial finance will ensure able to provide you with the best solutions for your circumstance.