Here are ten good reasons why equipment finance helps you to grow your business, and gives you the extra peace of mind you need to run your business, or just get a good nights’ sleep!
1. FINANCE IS A RAW MATERIAL
Just like you need an ink cartridge for a printer – you purchase ink to generate a product that delivers you an income. Finance is no different, it helps you get the equipment you need, when you need it.
2. CASH IS KING
Hang on to your cash for your everyday operations, this helps keep your business flexible and agile, and gives you added peace of mind knowing you have cash available.
3. FIXED PAYMENTS, EASIER BUDGETING
Equipment finance is fixed term and fixed rate, so you will know exactly what you will pay for the life of the loan.
4. REDUCE YOUR TAX BILL
By claiming rental payments, depreciation and interest charges as a tax deduction, you may pay less tax. No nasty surprises.
5. YOUR HOME IS NOT THE SECURITY
Equipment finance is a “stand alone†agreement, using the equipment as the security. Relax, we don’t use your home.
6. $20K INSTANT WRITE OFF
You can finance your equipment and still benefit from the governments’ $20k Instant Asset Write Off.
7. IMPROVE STAFF MORALE & PRODUCTIVITY
You can acquire equipment today for the amount of one monthly repayment. No more outdated equipment, break downs or unreliable contractors. You can also buy new equipment that will help you create new products and services and that will grow with you business.
8. MULTIPLE LENDERS
By spreading your equipment finance across multiple lenders, you leave your lines of credit with your bank open and available when you need cash.
9. SIMPLE APPROVAL CRITERIA
Not all transactions require you to provide financial statements – ask us how.
10. DEMO EQUIPMENT
Yes, you can finance used and demo equipment – ask us how.
With over 10 years experience financing equipment across various industries, Ecolease are equipment finance experts. Everyday, we help businesses like yours, to get hold of the equipment they need to take their business to the next level and facilitate growth.
So give Ecolease a call today on 1300 322 092 to discuss your finance needs, or to learn more about how finance can benefit your business.
