MACHINERY & EQUIPMENT FINANCE
If you require new equipment or plant, or want to refinance existing assets, GR8 Business Finance can provide an appropriate funding solution for you. All types of equipment can be financed, from IT systems to agricultural machines, shop fittings to cranes. If you use it in your business then we can finance it for you.
Leasing your capital equipment will bring many benefits to your business:
- It will free up working capital, retaining cash in the business
- You pay for your equipment as you use it, not in advance
- It can require a low deposit (typically 3 months' rental in advance)
- Payments are usually fixed for the duration of the agreement
- You will not have ownership of a depreciating asset
- Maintenance contracts can often be incorporated into the agreement
Lease rentals are usually 100% tax allowable, however, we would recommend that you consult your tax advisor to see if this is appropriate for your business.
Equipment can also be funded by hire purchase or lease purchase (effectively hire purchase with a balloon payment at the end of the agreement).
For further information or to discuss the options available contact us here at GR8 Business Finance on 01704 514514, or send a message via the Contact Us page giving your full name and a daytime contact number.
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GR8 Business Finance Ltd is a credit broker not a lender, and is regulated by the Financial Conduct Authority. Registered No : 723355
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