Equipment Finance & Leasing
Unlock Growth Potential with Equipment Finance and Leasing
In the constantly changing landscape of business, equipment finance and leasing offer entrepreneurs and business owners the opportunity to acquire the essential equipment they need without the burden of upfront costs. Whether it’s heavy machinery, office equipment, or technology systems, these financing options allow businesses to conserve their capital and allocate it towards other critical aspects of their operations.
What are the Advantages?
One of the main advantages of equipment finance and leasing is the flexibility it offers. Instead of purchasing equipment outright, businesses can enter into lease agreements or finance contracts that suit their specific needs. This flexibility allows companies to upgrade their equipment as technology advances or shift their focus to different areas of their business without being tied down to outdated or unnecessary assets.
Furthermore, equipment financing and leasing help businesses avoid the risks associated with equipment ownership. Equipment can quickly become obsolete or require costly repairs and maintenance. By utilising finance or leasing options, businesses can transfer this risk to the provider, reducing their overall exposure and allowing them to focus on their core competencies.
Equipping your business with the necessary tools doesn’t have to be a financial burden. Embracing equipment finance and leasing allows businesses to thrive while conserving capital, embracing cutting-edge technology, and enjoying greater flexibility.
At 180 Finance, we are committed to helping you unlock the true potential of your business. We believe that every business is unique, and that’s why we take the time to understand your specific needs and objectives. By doing so, we can tailor a financial solution that aligns with your goals and sets you up for success.
We strive to deliver an effortless and worry-free journey throughout the entire process. From the initial consultation until the last piece of paperwork, our dedicated team will be there every step of the way, ensuring a seamless experience.
Want to bounce some numbers around? Why not try our Leasing calculator.
Frequently Asked Questions
Equipment finance and leasing refer to the flexible options businesses have to acquire necessary equipment without making a large upfront investment. It involves financing or leasing equipment rather than purchasing it outright.
Equipment leasing is a contractual arrangement where a business pays to use equipment owned by a leasing company for a set period. The lessee pays regular instalments, typically monthly or quarterly, for the use of the equipment.
The choice between equipment leasing and finance depends on several factors, including your business’s financial position, equipment requirements, tax considerations, and long-term goals. It is recommended to consult with financial experts to determine the most suitable option for your specific needs. If you feel you are not getting the right advice, we have reliable and qualified experts to refer for you. Just ask.
Equipment lease terms can vary depending on the type of equipment, ranging from a few months to several years. Equipment finance loan terms can also be flexible, typically ranging from 1 to 7 years, depending on the lender and the equipment’s expected useful life.