With low rate manufacturing plant finance Business.Finance supports commercial operators cost-effectively launch new lines into the their production facility. The need to maintain a competitive edge, build brand loyalty, appeal to changing consumer tastes, stay up to date with local and global trends can require the regular development of new lines and products into the range.
In the food production and processing and fast-moving consumer goods (FMCG) sectors this is particularly evident. But across many industry sectors, the necessity to upgrade and modify production processes can arise. It may be a new product or a new and improved way to produce a product to deliver greater efficiencies to the operation and greater appeal to consumers.
For some commercial operations, the need for new facilities and equipment may be not for production and processing, but for packaging. With the changes in regard to plastics, many producers are having to change to recyclable packaging. Changes which may entail new equipment installations.
The quest to achieve these objectives, including the introduction of new lines, can be complex and costly when production facilities need to be replaced or expanded. The costs of acquiring, installing and commissioning new equipment and facilities needs to work with budgets and income forecasts.
Our expert brokers work with our customers to source cost-effective, workable funding to acquire the manufacturing plant and equipment needed to achieve the targeted objectives. With our vast selection of lenders we have the resources to ensure each customer is matched with the right lender. The lender that understands their industry and market and supports their objectives.
Manufacturing Plant Finance Facilities
The funding vehicle can be critical to achieving a workable outcome. Different entities have different requirements, and we provide the complete selection of asset acquisition funding vehicles to suit all set-ups. Commercial plant equipment may be funded with Lease, Chattel Mortgage, Commercial Hire Purchase or Rent-to-Own.
The tax arrangements differ across the credit facilities. CHP and Chattel Mortgage for Businesses realising deductions through asset depreciation and Lease and Rent-to-Own via tax deductible monthly payments. Our brokers stay to date with the ATO rulings on asset funding benefits. Optimising outcomes for the tax benefits available through the choice of credit facility.
Funding products attract varying interest rates and these rates also vary across the commercial lending market. Finding the lender offering the best rates for funding on the type of equipment being acquired and for the profile of the operation, is key to our service.
Delays in obtaining cost-effective asset acquisition funding can delay the entire roll-out of a new product or line. Using our services with our superior technical resources and lender accreditations can significantly expedite sourcing the right funding compared with operators undertaking the process themselves.
Our coverage of the commercial lender market enables our brokers to pair customers with the most suitable lender to secure the lowest rate and best offer, quickly and efficiently.
Customised, Holistic Equipment Finance Approach
As specialists in commercial credit, our approach is to structure a custom solution to suit the individual needs of each customer. If the production facility requires a number of different items of equipment, our brokers can look to structuring one solution to include all items. Streamlining the repayment schedule.
Where the operation already has equipment under credit and other financial commitments, we can look at the overall position and discuss if refinancing existing arrangements to ease cash flow with the new equipment credit.
Preparing Manufacturing Plant Financing Budgets
When planning the introduction of new lines or processes into production, commercial operations typically prepare forecasts and budgets to assess the viability of the move. Our Chattel Mortgage Finance Calculator empowers CFOs, managers, owners and accounts personnel to quickly calculate estimates on equipment acquisition funding.
Estimates which can form an integral part of the overall project budget and contribute significantly to forward planning and decision making. Quick quotes with specific rates and repayments can be obtained through contact with us by phone or online.
Processing and Production Plant Funding for All Enterprises
We work with commercial enterprises of all sizes and with all types of structures across all industries. From artisan bakers looking to purchase additional ovens to allow for a new product to be baked fresh each day through to large-scaled food processing plants. It may be an engineering or technology manufacturing requiring facilities to roll out new componentry. A medical supply company, garment manufacturer, motor vehicle parts, and many others.
We provide objective-targeted funding solutions for corporations, SMEs, partnerships, sole traders and others at lower rates and affordable repayments. If you have plans to retain your competitive edge in the market with new lines, capture new consumer trends with the latest product variant, achieve greater efficiencies with the latest processes with new equipment acquisitions, speak with us about the funding.
Contact Business Finance on 1300 000 033 to discuss possible options for bad credit commercial loans.
DISCLAIMER: THE SPECIFIC PURPOSE IN PROVIDING THIS ARTICLE IS FOR GENERAL INFORMATION ONLY. IT IS NOT INTENDED AS THE SOLE SOURCE OF FINANCIAL INFORMATION ON WHICH TO MAKE BUSINESS FINANCE DECISIONS. BUSINESS OWNERS WHO REQUIRE ADVICE OR GUIDANCE AROUND THEIR SPECIFIC FINANCIAL CIRCUMSTANCES ARE RECOMMENDED TO CONSULT WITH AN ADVISOR OR ACCOUNTANT. NO LIABILITY IS ACCEPTED IN REGARD TO ANY MISREPRESENTATIONS OR ANY ERRORS RE ANY DATA, SPECIFICS, POLICIES AND OTHER INFORMATION AS SOURCED FROM OTHERS.
