Finance the purchase of expensive equipment to spread the cost over a period & reduce the strain on your cashflow
James Forsberg 
Jamie Petrie Eimee Kennedy James Hyde V Jain 
Vivek Jain Eve Phillips Ryan Andreas Rupert Langerman Daniel Weisz To keep your business operating efficiently and able to keep up with demand, you need to upgrade or replace your equipment regularly and economically. Any tangible asset other than property used in the operation of a business may be considered business equipment.
Purchasing the equipment outright can put a substantial strain on your cash flow so many businesses choose to finance expensive equipment to spread the cost over the useful life of the asset in order to make it more accessible. Other times, the business will want to use the capital to invest in other areas. Most of the time, the equipment itself is used as collateral for the loan.
Purchasing the equipment outright can put a substantial strain on your cash flow. Spread the cost of the equipment over the useful life of the asset in order to make it more accessible and retain your working capital for other expenses.
Keep the business operating efficiently or meet increasing demand with the newest and most efficient tools.
With each payment there is interest paid. For most equipment financing terms, the interest paid on the financing payments can be written off as tax deductible.
Disclaimer: Swoop Finance Pty Ltd (ABN 52 644 513 333) helps Australian firms access business finance, working directly with firms and their trusted advisors. We are a credit broker and do not provide finance products ourselves. All finance and quotes are subject to status and income. Applicants must be aged 18 and over and terms and conditions apply. Guarantees and Indemnities may be required. Swoop Finance Pty Ltd can introduce applicants to a number of providers based on the applicants’ circumstances and creditworthiness, we may receive a commission or finder’s fee for effecting such introductions. Swoop Finance Pty Ltd does not provide any kind of advice and in giving you information about providers products, we are not making any suggestion or recommendation to you about a particular product. Offers of finance are subject to a separate assessment process by the provider and subject to their terms and conditions. If you feel you have a complaint, please read our complaints section which is contained within our terms and conditions.
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