For those working in the food manufacturing industry, acquiring the right equipment is an essential part of business operations. However, highly complex food manufacturing and processing equipment is not cheap and can be a huge investment for many businesses. It can also be difficult to raise the money to replace old machinery, meaning that many businesses are operating with out of date equipment.
Acquiring new equipment on finance is the preferred option for many food businesses. Finance agreements essentially enable you to avoid paying out large lump sums, instead allowing you to pay a manageable monthly sum to your lender. This type of arrangement effectively enables you to pay for your equipment as you use it, the same way you pay your staff as they complete hours for you.
Call us today on 01494 611 456 or Enquire Online Now for food manufacturing equipment finance. Our highly knowledgeable and friendly team can offer you a FREE, no obligation quote and answer any of your queries.
You will be able to keep funds in your business to be used elsewhere
Alternative lines of funding
You don’t have to use up a bank facility you already have
On rental agreements, the VAT is included in the rental, not in a lump sum
Pay for the equipment as you use it
Companies pay employees over time as they work, so why pay all the cost for your equipment in advance?
The latest equipment
Always have the latest technology at your disposal by implementing a recycling strategy, whereby you replace equipment at the end of the lease term
Using a lease rental agreement, 100% of your rental is deductible against your companies corporation tax
Access the best equipment straight away
Financing new equipment has many further benefits. Finance gives you access to the best and most up-to-date machinery and equipment and enables you to easily replace it at the end of the term. Whether you agree a two, three or five year term, at the end of it, you will have the option to either buy the equipment outright, carry on paying for it under a new finance agreement, or to give it back to the supplier and take out a new agreement for new equipment. Furthermore, financing enables you to afford better equipment than you may otherwise have purchased if paying with cash, and lets you enjoy your new equipment straight away rather than having to wait until you have raised enough cash.
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