In the past you had to buy equipment and machinery from a company that specialised in selling products that were manufactured by another company. Today, this has changed. Whilst manufacturers still use other companies to sell their products, many now also sell directly to the public. As a result these manufacturers have also put financial solutions in place for these private buyers.
Sometimes these finance solutions are arranged through a preferred lender who has partnered with the manufacturer. Other times the manufacturer has set up their own financing division. These solutions may include the options for outright purchase of the machinery or equipment, rental solutions or leasing solutions.
If you are interested in exploring Asset Finance as an option, then read the module entitled What Banks look for. After that, take the Finance Readiness Quiz and if you successfully answer these questions, you’ll be linked to a list of Asset Financiers.