WHY DO I NEED EQUIPMENT FINANCE?
The most important assets of your business are the tools and equipment you need in order to operate most efficiently every day. This may include work vehicles, specialised heavy machinery, office equipment, shop fit-outs, trade tools or signage just to name a few. Day to day operations and the profitability of your business can depend heavily on the equipment you own and use.
If you can identify an opportunity in your business that requires certain equipment in order to implement and maximise on profitability, why wouldn’t you do it? With The Mortgage Group behind you, we can make sure the process is simple.
The Mortgage Group is Brisbane’s commercial equipment finance specialist. Offering a wide variety of business loans, development loans, equipment funding and cash flow solutions.
The Mortgage Group has the knowledge, expertise and strategic relationships required for your commercial funding needs. Our specialists know the solution required, make the complicated simple, and have the relationships and a proven track record. We also do the refinance of commercial property loans - so call today for better deal on interest rates and expired loan terms.
WHAT IS EQUIPMENT FINANCE?
Equipment finance is obtaining the use of machinery, vehicles or other equipment on a lease or rental basis. This avoids the need to invest capital in equipment but still allows the business to operate effectively in a short period of time.
Also known as asset financing, it refers to the use of a company’s balance sheet assets, including short-term investments, inventory and accounts receivable, in order to borrow money or get a loan. The company borrowing the funds must provide the lender with security interest in the assets.
Generally there are 3 types of Equipment Finance products:
- Finance lease
- Commercial loan
- Commercial hire purchase
There are many variations on each of these products but they all exist to provide working capital funding solutions to businesses. The services provided by The Mortgage Group will vary according to your particular requirements but what all of these solutions have in common is the idea that funding may be offered based upon the debt invoicing created by the client company.
Equipment Finance is particularly attractive to businesses which are in a growth phase and may not have sufficient assets base but the services also have their place in the funding of a business at any stage in its life-cycle.
The Mortgage Group have a dedicated Equipment Finance specialist to assist you make the right decision for you and your business and make the process as smooth and easy for you as possible.
COMMERCIAL FINANCE MADE EASY
- FLEXIBLE 3 – 60 MONTH TERMS
- FAST APPROVALS
- $5,000 – $250,000 LOAN AMOUNTS
- PRESERVE WORKING CAPITAL
- FLEXIBLE BUYOUT OPTIONS
- REDRAWS AVAILABLE
- MAJOR TAX BENEFITS
WE UNDERSTAND BUSINESS – have a new project on the go that could benefit from working capital and extra cash flow? Our business loans offer the flexibility to tailor finance to your needs, with variable terms and finance from $5,000 up to $250,000.
UPGRADE YOUR EQUIPMENT – Equipment Finance has never been so easy. Contact The Mortgage Group today to discuss our flexible, zero deposit equipment finance options that offer your business great tax benefits. Get the right equipment for the job.