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.
Your business needs access to finance so it can grow. Asset finance can be the solution, but it helps to clearly understand what is involved, especially if you are new to the realm of business borrowing.
Should you rent or buy your next piece of equipment? Here are 3 benefits of renting that Bigstone finds important to consider before making your next equipment purchase:
All business purchases need to be justified, well planned and appropriately funded or you run the risk of wasting your hard-earned cash. Here are some questions to ask yourself before you buy a new piece of equipment, one of which is how you'll pay for it.