When your business needs new equipment, machinery, tools or other forms of an asset to keep your company running, Equipment Financing allows you to invest in your business whilst freeing up your capital. However, it is rather a complex area and choosing the right finance facility is vital to you and your business. Equipment finance (or Asset finance) is a business loan often secured with the equipment you are purchasing.
The real benefit of this type of business loan is that your business receives a loan that can be used for an asset to run the activity. Revenue is generated from the activity while proceeding with the periodic repayments, and this allows clients to get a cash flow to cover the cost of the loan.
At Viable Finance we can help you by guiding you through the many finance possibilities available to you, helping you understand the pros and cons of each one so that your final decision is an informed one. We are accredited with lenders who provide equipment finance and are confident of getting you the financial arrangement that suits your business.