MANUFACTURING & ENGINEERING
ASSET FINANCE FOR BUSINESS GROWTH
Give your company a competitive advantage by improving its productivity and efficiency through gaining access to the latest equipment and technology.
We understand that manufacturing machines and equipment require a significant amount of capital investment, asset finance will allow your company to acquire the assets without having to pay the full cost upfront, the repayment plan can be tailored to the specific needs of the business allowing you to invest in assets whilst managing your financial resources effectively. Some example manufacturing and engineering assets may include:
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CNC machines, Injection Moulding Machines, Lathes, Presses, Packaging Equipment, Robotics & Automation Equipment, Industrial Heat Equipment (Ovens/Furnaces), Cutting Machines
WHY A MANUFACTURING FIRM SHOULD INVEST
IN NEW EQUIPMENT?
1. Improved productivity – New equipment and machinery is often faster and more efficient. This will allow you to increase production capacity and output.
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2. Higher Quality products – New equipment will enable you to produce higher quality products that exceed customer expectations resulting a satisfied customer and repeat business.
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3. Reduced downtime – New equipment is likely to be more reliable and require less maintenance than older equipment as older equipment may require repairing frequently. This can lead to increased efficiency, reduced down time and less repair costs.
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4. Competitive advantage – Investing in new equipment can enable businesses to stay competitive by producing products faster, at a higher quality and lower cost than its competitors. This can help a business to win new customers.
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5. Improved safety – New equipment will be required to meet the latest safety legislation and features. Enabling a business to reduce the risk of accidents and injuries and create a safer work environment for employees.
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6. Cost savings – New equipment can be more efficient and require less maintenance resulting in cost savings over time. Reducing waste will improve a business’s efficiency and output.
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