Every modern business lives on the health of its machinery. At the same time, machinery can be a big, upfront cost, and we rarely can prepare for those purchases. Equipment breaks down, or an urgent need to purchase some machinery comes up as the business grows and seeks out new opportunities. Rather than try and finance the entire cost of the machine up-front, Avenyou’s machinery finance solution is the best option for business owners to gain access to right lenders to get them the equipment that they need quickly.

Whether it’s a vehicle, tractor, factory robotics, medical equipment or that all-important coffee machine for a café, Avenyou machinery and equipment financing solutions help you to enhance your cash flow without the up-front expense.

How Avenyou machinery and equipment financing works

It’s quite simple – asset finance works just like a secured loan. You find the right machinery solution for your business needs, and Avenyou then finds the lending partner best suited to your business, who will then use that same asset as the security on the loan. You own the asset, and the lender that Avenyou finds provides the loan. This chattel mortgage finance option is a common solution for machinery and equipment financing, and allows you to start generating income through your equipment immediately, while still owning the equipment and repaying the loan in steady, predictable repayments over the lifespan of the machine.

Are there other options?

Absolutely! Perhaps you don’t need the equipment for its entire working life – perhaps one particular project calls for a machine, but you’re not anticipating needing it after a couple of years. In those circumstances, leasing or renting might be the machinery finance solution that better meets your needs. Through leasing, the lender that Avenyou finds for you will purchase the machine and retain ownership, and your business leases the equipment for only as long as it’s needed. This shifts the cost of the equipment from CapEx to OpEx in its entirety, saving you the need to manage lifecycles and, if new machines come to market that provide a greater solution, you can rapidly shift to using the best equipment available.

This solution is also ideal for those times you need equipment, but it has a useful lifespan before it’ll need upgrading – most computer purchases, for example. Through this system, at the end of the lifespan of the product, the lender can take responsibility for the disposal, and you can take out a new contract on newer machines.

We’re the best machinery finance solution for your business

Every business is unique, and that is why we offer a variety of solutions designed to meet your specific needs. The experienced team at Avenyou take a genuine interest in our client’s business, and that’s how we find the right lenders. Our goal is always to understand your goals, challenges and opportunities, and then work with you to find the specific machinery and equipment financing solution that will help your business grow and thrive.

Don’t let your business go without critical machinery when you can have it generating income today! Contact the specialist business finance brokers at Avenyou on 1300 459 122.