Most businesses will rent office space or lease company cars and this makes sound business sense, so why not apply these same principle to funding garage equipment?
In today’s rapidly changing commercial environment, cash is the most valuable asset to any business, so why tie it up in depreciating assets? First Business Finance offers a flexible and convenient rental solution that is easy to manage and allows for flexible upgrading.
Whether you’re opening a new garage or upgrading your existing equipment, purchasing any new garage equipment comes at a large upfront cost. Our simple rental solution agreements enable our customers to keep pace with the ever-improving equipment available.
With vehicles evolving year by year so must your garage equipment to meet client needs. Acquiring your new garage equipment via a specialist in garage equipment financing allows you to develop your business without putting a dent in available cash reserves.
Financing your new garage equipment reduces the cost involved when purchasing the new equipment by spreading the payments out gradually over a fixed term. This method of upgrading your business enables you to pay off an asset using funds generated over the life span of the machine it is used.
An example of this would be adding an additional service bay to your garage which would allow you to service an extra vehicle at a particular time which would allow you to increase profits in effect paying for the financed asset during its use.
A few benefits financing garage equipment:
- Spreads the cost – as expected leasing will spread the equipment cost over an extended period of time.
- It clears up capital – this funding can then be put into other aspects of your business.
- Smooth process – our team make it is a pain free process to set up and arrange a finance agreement.
- In essence finance leasing mirrors income – businesses within the fitness industry often rely on monthly memberships and payments. So why not match this with the way that you pay for the fitness equipment.
- Keep control over your finances.
- Brake lathes
- MOT bay
- Service bay
- Tool chests
- Charging stations
- Impact wrenches
- Air compressors
- Vehicle lifts
- Jacking beams
- Trolley jacks
- Engine cranes
- Diagnostic equipment
- Aircon equipment
- Spray booths
- Wheel Alignment equipment
- Tyre balancing machines
- And much more
Anthony Luff – Director
“As a new business, we have been investing in new equipment so when we approached Tom at Pro align for a new Hunter wheel alignment machine, he put us in touch with Aston at First…
Our team has worked closely together for over a decade with more than 50 years combined experience in all areas of asset business financing. We are able to offer a dynamic and knowledgeable approach that transcends a wide variety of market sectors including garage equipment finance & leasing.