Most businesses whether small or large will need new machinery or equipment at some stage and would prefer to stay cash flow positive so they choose to secure a loan to finalise the purchase.
You can buy new or secondhand and it can be purchased via a franchised dealership or a private sale (private sales you will be liable for your own stamp duty and transfer fee).
There are a vast range of lenders who offer equipment lending and you will have all business loans available and depending on the age and size of the asset can potentially secure up to a 5 year term (depending on the size of the lend and what security is used you may qualify for longer).
Listed below are a few examples of items that we have financed;
- Medical and dental equipment
- Generators, welders, pumps and plumbing equipment.
- Printing equipment
- Surveying equipment
- Industrial equipment such as manufacturing lines, robot packaging/ stacking, food processing/ manufacturing equipment and large engineering equipment.
- Woodwork equipment (band saws, panel saws, routers, dust extractors)
- Information technology and data storage.
- Photocopiers, printers and multi -functional devices.
- GPS, Security and so much more.
There are many more items available so please give us a call to discuss your options.