Small Business Equipment Finance
Rapid. Flexible Equipment Funding.
Equipment finance or asset finance is a financial tool used by thousands of businesses. Typically, it involves a lender providing funding to a business that requires new or replacement equipment. You could also secure funding by putting a piece of equipment down as collateral. Leased or purchased equipment often allows the business to rapidly increase their rate of growth or production output. In summary:
- Asset finance is linked to high-value equipment purchases or securing additional funds against a business’ existing assets (such as a lorry, printing press, etc).
- This type of business finance is available to any size and type of business that meets our eligibility criteria.
- Finance for commercial vehicle, plant and machinery in 2019 has been reported to have the strongest growth rates at 9% and 5% compared with 2018. This shows a growing need for this type of equipment finance – Source.
- Equipment finance to the manufacturing and construction sectors has recently seen double-digit-growth – Source.
Do you have an idea of how much you need and what equipment you require? Apply now and secure equipment finance with Capify.