Can I Finance Equipment From More Than One Supplier?
Buying new equipment for your business doesn't always mean buying everything from one supplier.
A new project might involve machinery from one supplier, technology from another and additional equipment or accessories from several others.
So, can you finance equipment from more than one supplier?
In many cases, yes.
How Does It Work?
Rather than arranging separate finance for every individual purchase, it may be possible to include equipment from multiple suppliers within the same overall finance transaction.
For example, a business setting up a new facility might require specialist equipment from one supplier, computers and technology from another, furniture or fit-out equipment from another, and additional machinery or accessories from other suppliers.
Subject to approval and the finance structure, these purchases may be able to be brought together into one finance solution.
Why Can This Be Useful?
Using one overall finance arrangement can make a larger equipment project much easier to manage.
Instead of using substantial cash reserves or arranging several different finance facilities, your business may be able to preserve working capital, simplify budgeting, choose equipment from different suppliers and get the complete project underway sooner.
What Equipment Can Be Included?
eLeasing can arrange finance across a very broad range of business equipment, including vehicles, medical equipment, manufacturing machinery, IT and technology, fitness equipment, hospitality equipment, construction equipment, office equipment and many other commercial assets.
Every transaction is different, so what can be included will depend on the equipment, suppliers, finance structure and normal lending criteria.
How eLeasing Can Help
For more than 20 years, eLeasing has helped New Zealand businesses and organisations arrange equipment finance and leasing.
If your next equipment purchase involves several different suppliers, talk to us before assuming you'll need separate finance for each purchase.
We can look at the complete requirement and help determine the most appropriate way to structure it.
Ready to Discuss Your Equipment Requirements?
Whether you're purchasing one piece of equipment or putting together a larger project involving several suppliers, contact eLeasing for an obligation-free discussion.
