It's budget time again

Posted on May 18, 2010

 

No doubt you have begun planning for next year. We trust you have some promising plans in place to grow your business. Do these plans include the acquisition of new equipment?

When considering what equipment you need for the next financial year, forward planning can see you take advantage of equipment finance benefits.

 

Take the opportunity to bring forward acquisition plans to take advantage of current rates before they begin to trend upwards. Fixing your repayments for the term of the agreement.

Our recent news article focused on the upwards trend of cost of funds. By bringing your future equipment plans forward you can complete the agreement at today's rates. Your payments remain fixed for the term of the agreement. This will make budgeting easier for the life of the agreement and protect you from expected future increases in rates. Agreement lengths vary depending on your equipment and requirements. Your Relationship Manager would be happy to discuss your requirements in detail.

 

Alternatively, put a Credit Line in place to streamline the approval process when it comes time to update your equipment. Getting approval for your complete budgeted spend makes the individual acquisitions easier.

Perhaps you are not certain at this point in time about what particular equipment you may need but you may consider multiple equipment acquisition over the year. Take the hassle out of completing the application process for each piece of equipment by setting up a Credit Line. Speak to your Relationship Manager about setting up a Credit Line today.

 

Don't forget to take a look at our past information pieces:

 

Cash is King

Don't tie up your working capital or overdraft by financing through your bank or paying cash for your business equipment...more

 

Rate rises on the way

Secure your equipment finance funding now...more

 

Why not organise a time to discuss your options with your Relationship Manager.
Contact our customer care team to request a call back. Alternatively, complete our contact form here.

 

Posted by Admin at 4:43 pm 0 Comments