Asset finance allows you to acquire assets, such as equipment, vehicles and machinery, without having to pay the full purchase price upfront. A suitable option for businesses that need new assets but don’t have the cash on hand to buy them outright. Some of the perks?

• Lower monthly repayments: Asset finance can help you lower your monthly repayments by spreading the cost of the asset over a longer period of time. This can free up cash for other expenses, such as inventory or marketing.
• Tax breaks: In some cases, you may be able to claim tax breaks on the interest payments made on asset finance loans. This can further reduce the cost of financing.
• Increased cash flow: Asset finance can help increase your cash flow by freeing up capital that would otherwise be tied up in assets. This can be used to invest in other areas of the business, such as marketing or research and development.
• Improved credit rating: Asset finance can help improve your business’ credit rating by demonstrating to lenders that you’re able to manage debt responsibly. This can make it easier to obtain financing in the future.
• Access to new markets: Asset finance can help access new markets by allowing you to acquire the assets needed to expand into new regions or industries.

 

Acquire assets for your business without having to pay the full purchase price upfront. This can improve cash flow, credit rating, and access to new markets. Contact Interlease to speak to one of our expert brokers today.