We are able to tailor facilities for businesses which have a substantial reliance on equipment to run their small and medium businesses.
Finance repayments can be onerous on a businesses cash flow due to their short payback period which banks like to match to the life of the asset. Millennial Finance can assist with a strategy to most effectively manage your fleet of equipment so that it works in with a growing business or established business. This means that your business can keep your cash on hand for other expenses, such as payroll and inventory.
Equipment finance is an excellent way for businesses to acquire the equipment they need without having to pay for it all at once. It offers many benefits, including preserving cash flow, staying up-to-date with technology, and may have tax benefits (talk to a qualified tax professinal for advice). If you’re interested in learning more about equipment finance or want to apply for a loan, contact our friendly team.