For business owners, the costs and risks are amplified – with equipment and business assets critical to the viability of the business’ future while maintenance, repair and life expectancy all impact on cash flow.
How can your business secure assets with minimal pain and risk to your cash flow? How can you build in certainty to your day-to-day costs and efficiently manage expenses associated with asset ownership?
Choosing an asset finance option that “bundles” expenses such as maintenance into the monthly payments not only helps protect the bottom line, it offers a clear picture as to the ongoing cost of an asset.
Case Study – Dan The Plumber
Dan has worked hard for several years and built a local reputation of “getting it right the first time.” As a result, he’s investing in building his workforce. With two new staff joining the ranks, he’s staring down the barrel of meeting the costs of two trade vehicles.
Vehicle leases offer a potential solution – with Dan being able to manage not only the asset repayment costs but also maintenance and registration all in one regular payment. As more jobs and clients start to flow with Dan’s two new plumbers, his next decision is how to invest the cash flow into business growth.
Bundled leases are not restricted to large-ticket items. Some examples include sophisticated medical equipment, workshop or trade equipment, vehicles and office equipment with maintenance for the term of the lease. Before you invest in critical tools and technologies for your business call Bigstone to assess the most effective way to support your bottom line.
Bigstone Finance can offer fast, flexible loans from $10,000 to $2,000,000 for assets and equipment for your business.