Posts Tagged ‘Equipment Finance’

Farm Equipment Section

Tuesday, February 26th, 2008

As we continue to expand our website the newest addition is the Farm equipment section.
Farm Equipment

We often get asked by farmers can you finance a certain piece of equipment like a plough or a combine harvester. The response is nearly always a resounding yes. By in large if you are buying a physical asset for your business, then we can finance it and the agricultural sector is no different.

Farming equipment is quite a broad description as so much works goes on in an average farm that the equipment ranges from trowels to trucks. From our experience, large items like tractors and trailers tend to be financed over 5 years whereas smaller farm items like welding equipment are financed over shorter periods. We also provide office equipment finance for farms as larger farms tend to do a lot of administrative work. Our project leasing solutions are ideal for farmers as they can finance several pieces of equipment under the one finance plan.

Of course every farm is individual and people prefer different lengths of lease or finance arrangements. We always try to match the correct finance to our customers needs. If you are in the market for equipment for your farm please get in contact with us or call 1890 252 747

IT Equipment Section

Wednesday, February 6th, 2008

Our latest addition to the site is the IT equipment section.
Apple Macbook Pro on a red background
IT equipment is arguably the broadest category of equipment that is leased. Almost all businesses will have some need for IT equipment. The clients we provide finance for differ a lot with regard to IT. Some companies are based on IT like graphic designers and software companies. For them we often have dedicated leases for large servers and work stations. Larger companies require lots of networking equipment such as routers and servers.

We’ve found that for IT equipment people like to lease for 4 years on average but that choice is quite industry specific. Graphic and Web designers really need to be on the cutting edge so they tend to lease for as little as 2 years whereas a regular office is closer to 4 years. The way Moore’s Law works means that 4 years is generally a good time to replace. After that the progress of software due to faster new computers mean that your old machine will slow down.

If you like to combine financing IT equipment with an Office fit out, that’s no problem.