There are a number of considerations which we look at when determining the type of finance facility which best suits your business. These include:
Type of equipment
Cost of equipment
Accounting and Tax positioning
Ownership desire or preference for upgrading
Once we have established the type of finance facility, we look at the structure of the loan which includes the length of the finance term (generally matching the useful life of the equipment), and the possibility of having a residual/balloon at the end of the term (equity and cash flow consideration). Our experience and understanding of commercial equipment finance will ensure your business secures the best available facility that is tailored to suit your needs.