What is asset finance and can it really help?


Asset financing enables clients to purchase or lease assets that are crucial to their company’s daily operations. 

Because the car or equipment serves as collateral for the loan and approved customers may not need a deposit, this type of financing can be a smart way to acquire cash. As a result, you can protect the working capital of your company. 

So, for certain clients, financing the purchase and paying it off over time may be advantageous rather than having an impact on their current ability to pay other payments (with interest). 

What is an asset?  

Assets in a business can range from a truck that is used for deliveries, a car that is used as a taxi, a forklift for the warehouse or even a digger for a mine site! 

Basically, it refers to any piece of industrial machinery you utilise to run your firm efficiently. 

Refer to Instant asset write off

Disclaimer: This blog should not be taken as constituting professional advice. You should consider seeking independent legal, financial, taxation or other advice to check how the website information relates to your unique circumstances. Ezpz Finance is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on, the information provided directly or indirectly by this website.

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