- Predict cashflow easier
You asset finance will be repaid via a monthly payment, this amount should not change, so you can more accurately predict you monthly cash-flow, giving you a clear picture about how your business is doing. And also helping to assess if the asset purchase has been productive.
- No collateral
The asset finance is secured again the asset itself, so no need to worry about offering personal collateral as part of the finance deal.
- Fixed interest rate
The internet rate on your asset fiancée will be agreed at the start and will not charge for the period of your repayments, agains helping with cash flow predictions.
- Free up your finances
By utilising asset finance you can free up money within your business, allowing you to make investments or alternative high cost purchases without missing out on purchasing much needed new assets.