Site icon Factor In Finance

ASSET/EQUIPMENT FINANCE

  • ASSET/EQUIPMENT FINANCE

    “Timing, perseverance, and ten years of trying will eventually make you look like an overnight success.”
     
    – Biz Stone, Twitter co-founder

ABOUT ASSET/EQUIPMENT FINANCE

Asset/Equipment financing is a type of loan that is used to purchase a variety of assets including, machinery, vehicles, serialised assets and in cases technology.

In some cases, the lender will own the asset and you will simply lease/hire it from them and in other cases you will own the asset and the lender will use the asset as security for the loan.

KEY POINTS ABOUT ASSET/EQUIPMENT FINANCE

We offer a variety of business services to our clients

  • Interest rates can vary
  • Spreading your equipment debt across several financiers provides many bonuses
  • Used Equipment is as easy to finance as New Equipment

PROS

  • Tax and GST benefits
  • Simple application process
  • Ability to complete more business operations

CONS

  • Valuations of assets can change
  • Rigorous terms and conditions

ARE YOU READY TO TAKE THE NEXT BIG STEP WITH YOUR FINANCES?

For more information, get in touch with us and we’ll get back to you with specialist advice that meets your specific needs and requirements

Exit mobile version