Assets and Machinery Loans
What can you get a loan for?
- Passenger cars
- Light and heavy commercial vehicles
- Earthmoving and Construction Equipment
- Manufacturing and plant equipment
- Medical and dental equipment
- Agricultural & farming equipment
- Office equipment & computers
- Other income producing plant and equipment
- Light and heavy commercial vehicles
- Earthmoving and Construction Equipment
- Manufacturing and plant equipment
- Medical and dental equipment
- Agricultural & farming equipment
- Office equipment & computers
- Other income producing plant and equipment
Benefits of Assets Finance
✔ Conserves working capital for other purposes
✔ Clients retain capital for other business purposes (eg stock, debtors) rather than tied up in fixed assets
✔ Flexible products – can be structured to suit cash flow of client
✔ Taxation benefits generally available
✔ Provides certainty for budgeting – fixed rates and repayments
✔ No additional collateral security is taken (e.g Director’s home or other property).