Let finance work for you today – Investing in equipment is essential for business growth, but it doesn’t have to come at the expense of your cash flow. Equipment finance allows you to access the assets your business needs today—without the large upfront costs. Here’s how equipment finance can benefit your business
Preserve Your Cash Flow
Put your cash into your business where it can be better used rather than purchasing depreciating equipment. Don’t wait years for your equipment to generate you income, ensure your business has the right tools to deliver the highest levels of productivity. Let finance work for you today.
Get The Equipment You Need Today
By using finance you can acquire the equipment that your business needs, particularly where there is a limit on capital expenditure. Get the equipment that’s right for your business and pay for it over its lifespan.
Flexibility
The finance agreement can be structured to your needs. You may choose to finance over various terms. For example, align the term of your office lease with your finance agreements. Payments may also be structured, monthly, quarterly or annually to suit your requirements.
Tax Advantages & Budgeting
Under a Rental or Operating Lease, monthly payments are 100% tax deductible (provided it is used for 100% business use). Under a Chattel Mortgage you may claim the interest payments and depreciation on the equipment as a deduction. Payments are fixed throughout the term of the agreement making it easy to budget your expenses.