Title: Business Equipment Finance or Loan Broker at Australia
1(No Transcript)
2What is Equipment Loan?
- A loan, which is taken out to express the purpose
of purchasing equipment - Similar to a car loan
- A form of self-secure funding
- Helps the start-ups to get the capital they need
to buy expensive equipment which is required to
start making money
3- For example, a new transportation service
business need an equipment loan to buy a truck - Equipment loansĀ for a start-up businesses, can be
referred as a type of small business loan product
called equipment financing
4- With business equipment finance, a lender will
typically advance you up to 100 of the cost
price of an equipment - So, here, youre applying to finance a exact
definite purchase - Youll get a quote in advance that either you or
an equipment loan broker with whom youre working
will submit to the lender
5How to choose best equipment financing company
for your business?
- Go for a company that offers the type of
arrangement that works for you - Look for which arrangement offers you with the
best tax benefits - Get the advice of the equipment loan broker to
help you choose the best equipment financing
company
6How Equipment Loan is Helpful in Business Needs?
- Give the capacity to get the gear youre looking
for at a price that wont bury your start-up
business - Ideal for a start-up business
- lenders see them as lower risk
- Theyre easier to qualify for
7- Three main things to what makes equipment loans
for a start-up businesses work so well - Equipment loans for the start-ups are easier to
qualify for than other, unsecured loans - Equipment loans for the start-ups grant access to
more feasible charges - Its hard to afford equipment as a start-up
business
8Select My Loan Pty Ltd www.selectmyloan.com.au
1800 883 007 info_at_selectmyloan.com.au