Equipment Loans
How To Get Equipment Loans For Franchise Businesses
Equipment loans are a smart way to acquire the commercial equipment needed for your start-up or expanding business.
The financing solutions offered by CFI Finance® are ideal for busy entrepreneurs, either starting out their fledgling business or expanding to a second or more locations. The process is simple and quick, unlike applying for traditional bank loans, and we aim to have you approved within 24 hours of your application.
We also offer more flexibility, with leasing, rental and business loan solutions available, depending on your requirements.
Lending Solutions to Suit Your Needs
Securing commercial equipment loans needn’t be stressful. We offer rental, leasing and business loan options to suit your needs, including the opportunity to pay out your contract and buy the equipment outright.
We also offer you the option of returning the equipment on our flexible rental solutions, if you find the assets aren’t suitable.
Whether you need a flexible or fixed-term solution, we have one to suit you ranging from 1 year minimum, up to 5 years.
There are 3 equipment funding options available through CFI Finance®
- Commercial Equipment loans/ business loans are for those who want to own the equipment from the beginning of the term, ranging from 3 to 5 years.
- Equipment Rentals allow you to change terms without being locked into a contract long-term. Terms range from 1 year to 2 years. It is our most flexible option.
- Equipment Leasing is another solution we offer. This option best suits people who want a fixed-term solution, with the benefit of owning the equipment at the end of the chosen term. It ranges from 3 years minimum to 5 years.
Once you’ve chosen the right option for you and found the equipment you require, from a reputable supplier here in Australia, you can apply on our website. The process is as simple as,
- Find your equipment
- Complete the online application
- We assess your application, have your approved (usually in less than 24 hours) and pay the supplier.
- Have your equipment delivered to you.
Financing through CFI Finance®
Having cash on hand for those unexpected expenses, as well as advertising, marketing, perhaps even hiring more staff is crucial during the stages of start-up or expansion. The benefit of financing your equipment is that it will allow you to retain your capital instead of spending it all on expensive equipment and limiting your company’s growth. Whether you require finance for one piece of new equipment or an entire store fit-out of commercial equipment, CFI Finance® can help. We can provide funding for serialised and non-serialised assets for your start-up business or for your expanding business. In the past we’ve financed equipment for the hospitality, pharmaceutical, physical fitness and confectionary industries, as well as other industries where commercial equipment is required. Some of the examples of equipment we’ve financed include blenders, coffee machines, exercise machinery, fridges, mixers and even furniture and point of sale systems. Not sure what we finance? Give us a call on 1300 659 676 for more informationWe’re Here for You
Whichever solution you choose, you can be assured of fast and efficient service from our friendly Customer Service Representatives, who are available 24 hours a day, 7 days a week. We take the hassle out of applying for commercial equipment finance, doing away with unnecessary paper forms and complicated contracts. The application process is completed entirely online and the contract is drawn up and emailed to you. It is simple to understand and written in plain English. We offer flexible payment solutions and manageable payments. Repayments can also be tax deductible. In many cases we don’t require any personal security.
Quick and Easy Equipment Loans
The application process is completed on our website, making is convenient and quick. Most applicants complete the application in about 10 minutes and once you submit your application, we usually have you approved within 24 hours. Our friendly Customer Service Representatives ensure you receive the best, efficient service, clearly setting out our policies and providing a simple to understand contract. We’re available to speak to you 24 hours a day, every day of the week. Here are just a few of the other benefits of obtaining commercial equipment financing through CFI Finance®,- It facilitates capital retention.
- Choose the desired contract term, ranging from 12 months to 5 years.
- It allows you to minimise your asset risk from depreciation of assets.
- Manageable payments.
- Customer service available every day of the week, 24 hours a day.
- The application process is fast and simple.
- Quick turn-around time. We usually get back to you within 24 hours and make payment once your equipment loan’s approved.
