Are you looking to grow your business but struggling to find the funds? If so,…
Expand Your Options: The Versatility of Assets Acquired through Asset Finance Brokers
In the past, companies could only acquire assets that they could afford. Today, there are many ways to acquire versatile assets through asset finance brokers.
Nowadays, you can access various machinery and equipment through asset finance brokers, renewable energy assets, and other types of tangible property.
This gives you more options than ever when financing your business needs or upgrading your facility or infrastructure with new technology.
Types of Assets Accessible via Asset Finance Brokers
There are several different kinds of assets that can be financed through the use of an asset finance broker. The first thing to consider is whether or not your desired asset is available for purchase through an ABF. For this to happen, it must meet certain criteria:
- It must be suitable for personal use (i.e., not commercial)
- It must have been purchased within the last two years
- You must have proof of ownership (a bill of sale or title)
Machinery and equipment
Machinery and equipment are the most common asset acquired through an asset finance broker. They can be used in any industry, from manufacturing to construction to healthcare.
For example, you own a small business that makes custom furniture. You need some new machines to help with production but don’t have enough money to purchase them outright–so what do you do?
The asset finance brokers could help facilitate the acquisition of these pieces of equipment by providing funding for their purchase through leasing or rental agreements with flexible payment structures that suit your needs.
Office and business equipment
Office and business equipment are some of the most common assets purchased through business loan broker Australia. This includes computers, phones, fax machines, and software used to run them such as Microsoft Office or WordPerfect. Other commonly acquired assets include printers and scanners; filing cabinets and storage systems; scanners and copiers; telephones (both wired and cordless) with telephone systems; IT services including network installation/support etc.; projectors in conference rooms etc.
Renewable energy assets
You can use your renewable energy assets to generate income and reduce your carbon footprint. Renewable energy assets such as solar panels and wind turbines have been proven to be a great investment, as they are environmentally friendly, versatile in their uses, and can be used for many purposes.
Advantages of Acquiring Versatile Assets through Asset Finance Brokers
The flexibility of asset finance brokers allows you to acquire an array of assets without owning them. You can use these assets for your business operations or sell them on the secondary market. This means that if you’re looking for financing but don’t want anything too permanent, this type of financing may be ideal.
In addition, because the broker is acting as an intermediary between lender and borrower, there are some additional benefits: no need for credit checks or personal guarantees; lower interest rates than those available directly from banks; shorter loan terms than traditional bank loans; flexible repayment schedules based on cash flow rather than fixed monthly payments
By working with asset finance brokers, you can acquire a wide variety of assets that will help grow your business. You can choose from different types of machinery and equipment, office and business equipment, and renewable energy assets!