Zenith Finance Blog

When most people see or hear the words "business equipment financing" or "business equipment brokers", they think about things like trucks, cars, forklifts and construction equipment.
 
But they're just the tip of the iceberg, as a new Zenith client recently discovered. 

Ever noticed that when you finally decide to take the plunge on an expensive item, the updated model comes out two months later - and you’re best mate, or worse, your biggest competitor is prancing about town with it? 

Buying equipment, cars or heavy vehicles with cash to run and expand your business can be a big drain on your cash flow.

To reduce some of the risks associated with purchasing fixed assets, you could look at taking out asset finance loan, generally over 1 -5 years.  Four of the most popular types include: 

Ask Pink Floyd for their thoughts on finance, and they’ll nag, “Money? It’s a gas. Grab the cash with both hands, and make a stash!”. With a squint and a gravily whisper Clint Eastwood will also tell you nothing makes his day more than a Fistful of Dollars. And as for Cuba Gooding Jnr, well, just ask Jerry McGuire.  

Last week I wrote an article about things to watch out for when buying forklifts.

As a result, we’ve had quite a few business owners contact us to find out more about how best to finance their forklift purchases.