Harnessing Asset Finance

Are you a business owner with ambition and plans to expand, upgrade gear, or stay competitive in your industry? If so, you’ve likely come across the challenge of funding these ambitions. But fear not! One funding avenue that can be a big or even bigger growth & cash flow lever for your business is asset finance. In this comprehensive blog, we’ll dive into the world of asset finance and explore how it can be a game-changer for your business aspirations.

Getting to Grips with Asset Finance

Here at Float Financial Advisers, we’re the go-to pros for top-notch advice on asset finance, covering a wide spectrum of equipment and vehicle needs. Whether you’re eyeing up some slick new fleet vehicles, need to snag some construction machinery, want to take to the skies with aviation gear, or need to fund manufacturing plant, asset finance could be just the tailored solution your business needs to unlock it’s untapped potential.

The Goods on Asset Finance Benefits

Asset finance comes bearing gifts that can help steer your business toward success:

1. 1. Flexible Loan Terms: Asset finance is custom-built for your business. The terms of the loan can be tweaked to match your unique needs, so you can snap up that gear without straining the finances.
   2. Unlocking Cashflow: Keeping the cash flowing while you’re expanding can be a toughie. Asset finance has your back with flexible repayment schedules that dance to the rhythm of your revenue streams. It’s easier to manage your financial juggle.
   3. Security Minus the Residential Property Woes: Unlike some of the more traditional finance routes, asset finance doesn’t make you throw your property into the mix. Instead, the loan is locked onto the equipment itself. That means you don’t need to put our home on the line.
   4. Speedy results: Float is tight with a number of lenders on commercial terms, which means the asset finance process can be quicker than a sheepdog rounding up the flock. So, you can get the gear you need pronto, without major hold-ups.

The Goods on Asset Finance Benefits

Asset finance comes bearing gifts that can help steer your business toward success:

1. 1. Flexible Loan Terms: Asset finance is custom-built for your business. The terms of the loan can be tweaked to match your unique needs, so you can snap up that gear without straining the finances.
   2. Unlocking Cashflow: Keeping the cash flowing while you’re expanding can be a toughie. Asset finance has your back with flexible repayment schedules that dance to the rhythm of your revenue streams. It’s easier to manage your financial juggle.
   3. Security Minus the Residential Property Woes: Unlike some of the more traditional finance routes, asset finance doesn’t make you throw your property into the mix. Instead, the loan is locked onto the equipment itself. That means you don’t need to put our home on the line.
   4. Speedy results: Float is tight with a number of lenders on commercial terms, which means the asset finance process can be quicker than a sheepdog rounding up the flock. So, you can get the gear you need pronto, without major hold-ups.

Our Key Asset Finance Lender Partnerships

At Float we are accredited on commercial rates & terms with a number of lenders including BNZ Asset Finance and Heartland Bank. This means Float can secure for your business some of the best rates available in the market from two of New Zealand’s leading and largest Asset Finance providers. This not only ensures you’re getting competitive rates but also demonstrates our commitment to aligning your business with reputable financial institutions.

What might this look like for your business?

1. Float can help your business to streamline the asset finance funding process with a team that has accreditation with multiple major players, ultimately saving your business time and resources.
2. Float can help your business secure new kit faster through funding as much as 100% of the cost of this funding this over terms of up to 5-7 years.
3. Float can help your business to restructure existing asset finance lending, including releasing existing equity in your assets to fund further growth and free up working capital.
4. Float will ensure your getting offered great rates and the most favorable repayment terms in the market.
5. You will bolt on an expert adviser who is independent of the lenders and is working for you and not the lender.

Not all Financial Advisers are created equal when it comes to commercial lending and asset finance, many will struggle beyond first home buyers and mortgage refinances, but not the team at Float!

With a team boasting extensive experience in commercial banking, specialising in nurturing commercial and business clients, we’re not just brokers – we’re partners on your road to business success.