Plant machinery finance
It's tricky to assess the best way to purchase new machinery for your business. Our team of Business Finance Specialists are on hand to discuss your situation and source the most competitive finance for any plant and machinery, whether you want to purchase plant on finance, or lease your equipment.
We have years of experience in helping manufacturers, construction firms and engineering companies excel with plant machinery finance.
Asset finance allows you to get hold of the plant and machinery that your business needs. We make it easy for you, and it doesn’t require large sums of cash upfront from the business, so you can keep cash flow under control.
It’s a versatile form of financing equipment used by many businesses – from large engineering firms to small parts manufacturers – because it keeps costs down and naturally helps to improve your cashflow position over the long term. Here’s more of the benefits of plant machinery finance:
- Immediate access to machinery you need
- Leasing options that suit how your firm trades
- Hire Purchase options for title ownership after the period
- Tax-efficient financing
- Options to upgrade or update
- Easier budgeting: fixed payments & fixed period
- Plant machinery finance
- Engineering machinery finance
- Finance for machine tools and other equipment
Case Study: Plant Machinery Finance
A small parts manufacturer for the automotive sector was looking to expand its operations and remain the preferred supplier for an important customer. A major part of the expansion involved upgrading the industrial equipment and CNC machines.
With the use of a competitive hire purchase finance solution, the firm accessed the latest plant and machinery within weeks, and held the title of the asset by the end of the agreement.