Equipment Finance, is your Bank still taking too much Security?
Published
In today’s market, equipment finance should be done without any cross security to other assets including bricks & mortar…
With so many banks still grouping all securities under “cross collateralization” clauses, business owners may wish to look elsewhere for their equipment & vehicle finance which can be done on a “stand alone” basis, whilst keeping their bricks and mortar security for more appropriate requirements, such as increased overdraft facilities, property funding and other cash generating requirements.
In a world of increased competition, business owners may be pleasantly surprised by the finance offerings available in the market as an alternative to their bank and without the chains & shackles.
This 90 second video explains it all in laymen terms.
Looking for alternative equipment and vehicle finance options that meet your business requirements? Our expert equipment finance specialist, Michael Ryan, can assist you with your needs 0417 279 891 or send him an email to michael@finlease.com.au