Heavy Equipment
You might need capital in order to set up your new business by buying heavy equipment such as trailers, excavators, forklifts, lathes, plant and machinery. Or, you may be seeking to replace outdated or broken equipment. All these require considerable outlay and until you make the purchase, the scope of your business may be restricted.
Tools
Individual tools may be easily affordable but when you have to purchase a lot in one go, the cost can shoot up. It’s not only the cost of trade-specific tools but also back-up equipment such as computers and related hardware. Unfortunately, it’s not uncommon for a Tradie to have tools stolen from the Work Vehicle and the entire contents of the Toolbox may potentially have to be replaced in one go.
Commercial Vehicles
Your business may need a car, ute, van or truck. Whether you’re working on-site, on private properties and homes, or delivering to customers, mobility is essential. A suitable and dependable vehicle will serve your business well. In order to buy one that won’t let your business down, it’s worth buying better. How this outlay is managed can seriously affect the health of your business.
Types of Loan Available
Even if you are just starting up, there are a surprising number of loans available to you. It depends on how much you want to borrow and your financial history but options are not as limited as you might think. Loans come with different conditions which suit the size of loan required, or your short-term or long-term needs. Points for you to consider are:
Are you looking for finance to help you purchase equipment or a vehicle for your trade business?
1800Approved is one of Australia’s fastest growing car and asset finance brokers. We specialise in car finance, equipment finance, plus insurance and warranty services, and have previously arranged deals from AU$10k to AU$5m. 1800Approved services clients across Australia, working with over 30 independent lenders to find the best deal.
We can also help with sourcing your new and used car warranty, and by sourcing vehicles and equipment through our Drive Wholesale arm.
To learn more about how we can help you, call us today on 1800 277 768.