finance for new/second hand machinery

[njtimber]

in 14 years of tradeing i,ve never got involved in finance ,however I am considering it now and wondered if anyone has any advice ,companys ,percentage rates,deposits,etc

[Sussex Groundie]

Have a look at Arblease only came across them today! I am in exactly the same position!

[skyhuck]

I would speak to your bank, it often costs less than you think.

[Matthew Storrs]

I would speak to your bank, it often costs less than you think.

 

The advantage off the bank is its a lot easier to pay off if you have spare cash and feel like paying more off than your standard repayments.

I would go down this route personally.

However, quite often if its new machinery the finance companies often offer better interest rates than bank.

[dig-dug-dan]

I have brought several bits of kit on finance now, and jcb always come out on top for price etc.

leasing and hp, as they are easy to deal with

[njtimber]

thankyou for the replies I will look into regular bank loans,jcb(are these loans applicable to equipment other than jcb stuff?) and arblease(do you end up owning the kit or do you have use of it for the duration of the loan then have to buy it with a final payment?)

[njtimber]

Have a look at Arblease only came across them today! I am in exactly the same position!

 

if I find the right solution I will let you know! (appreciate it if you would let me know if you have any luck) thanks nick

[MattyF]

Lease hire is a good option for tax benefits but the machinery needs to be near new... I tried to a lease set up on a 26 year old mog chipper crane combo a few weeks back and it was refused on the grounds it was to old though so your limited.

 

 

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[ILH Groundcare Machinery]

If you are looking to finance some new or used machinery then get in touch with us and I will be happy to help. With a large variety of machinery for sale and great finance packages, I believe I will be able to assist you greatly.

 

http://www.ilhgroundcare.com

[Hodge]

Arblease have been good to me.

 

 

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