Successful businesses need a strong infrastructure, competent staff and of course machinery and equipment which they can rely on. Being able to continually invest in machinery can be costly and often an outright purchase can be very challenging or even sometimes impossible.
Fortunately, there are some highly beneficial and tax efficient options available for machinery finance. In essence machinery finance will provide a funding solution to ensure a business has the latest industry equipment whilst being able to manage finances thanks to a flexible repayment plan.
Key features of machinery finance are:
- Budgeting is made easier with monthly repayments and no need for excessive expenditure when the equipment is first purchased.
- Ability to purchase the exact equipment needed; no need to look at cheaper or lesser quality machinery due to budget restrictions. Your business efficiency can be vastly improved.
- Machinery finance deals are flexible, lease agreements can be tailored to specific businesses and budgets.
- Support available throughout the entire financial agreement allowing you to constantly review and adapt to your ongoing business needs.
The NGI team are vastly experienced in assisting with machinery finance, especially with deals in excess of £75,000. We have helped companies purchase CNC machinery, specialist carton machinery, mattress cutting machines and factory refits. We can assist with the sourcing of machinery and finance solutions for every business need.
To find out more about our machinery finance solutions please call us on 01993 706403 or e-mail enquiries@ngifinance.co.uk.