Funding to update, upgrade or replace equipment.
At some point in your business's lifespan, you'll need to upgrade, update or replace equipment. This isn't necessarily something you can plan for the future. Emergencies and breakdowns can happen at any time, and often require immediate action.The reality is that when equipment finance is needed, it's probably already urgent. Access to this sort of business funding can mean the difference between success and failure. Rather than spending money from your revenue to payfor large, expensive items, accessing dedicated equipment finance means you'll never have to touch the working capital that you rely on to cover your day-to-day expenses.