Workplace safety, productivity and efficiency can be critical to business profitability. But finding the funds to continually update operations with new tech and to meet new regulations and protocols can be a challenge. As many workers return to the office post-COVID, business owners may face additional expenses to ensure their premises meet COVID-safe rules and regulations. Are you aware that finance is available for a wide range of business equipment? Finance is not limited to only the heavy duty machinery used on building and construction sites or the equipment required in manufacturing, warehousing and other operations.
Jade Equipment Finance provides loans for a wide range of equipment that is required by businesses. For your business that may mean new furniture and fit-outs to create a COVID-safe environment for your team, customers and visitors. It may mean upgrading CCTV systems to provide better security for your premises and inside for your business. It may be that you need to completely upgrade your tech to be digitally enabled to compete with others in your market. That tech may be componentry, devices and systems to improve productivity.
Those operating in high risk industries may require finance for major upgrades to better barriers, scaffolding and other equipment.
With lending interest rates currently at historic low levels, now could be the ideal time for you to consider investing in the upgrades your business needs to compete in 2021 and beyond.
Tech Upgrades on the Land
Tech upgrades are not the exclusive domain of offices. Manufacturers are expanding technical devices to make working on the land more productive also. One example is the Work Planner which is available for the John Deere Digital Ecosystem. This latest upgrade to their system and assists agricultural operators with automatic synchronisation of equipment, data and their team.
Operators can access information and data in the cab of the tractor via the John Deere Operations Centre online system. The company says this is a centralised solution that plans and tracks work that is to be done and enables the team to get on with work on their tractors and other equipment as soon as they get to the field to be worked. It allows farmers to plan and communicate more efficiently by ensuring the whole team is working from the same data and to the same work plan. The equipment operator receives the plan for the field that they are working on direct to the cab so they can set up the specs and data and get to work.
Data is then sent back to the central office so the farmer can monitor their operations.
This is just one of many tech systems which are available for farmers and agricultural business operators and staying across new systems and devices may assist your business.
Financing Your Upgrades
Whatever equipment your business needs to upgrade to better standards in 2021, Jade has a range of solutions to assist with the financing. While some banks may place limitations on what type of equipment they will finance, Jade Equipment Finance is not limited to sourcing finance from just the banks. We are accredited with multiple non-bank lenders so we expand you choices to a wider field of options.
You don’t have to stipulate the lender you would like us to source you a quote from. Your Jade consultant handles all that on your behalf. We have close working relationships with the lending sector so we know which lender is offering the best finance deals at any specific time in any specific industry. This gives us the edge in sourcing you the most cost-effective offer for your equipment finance.
Equipment Finance Options
Interest rates on equipment will vary depending on the industry and the equipment being acquired. We have recently launched our Equipment finance Interest Rate Comparison tool which displays the interest rates we are currently achieving on the portfolio of loans that we offer. These will vary depending on the equipment but should provide a useful guide in planning your purchase. You simply enter the data pertaining to your loan in the fields as indicated and you’ll immediately see estimated repayments for the different loan types based on data as entered.
To work your planning to the next level, refer to our equipment loan calculator. This allows you to enter an amount for a balloon/residual to plan how you may like your finance structured.
The commercial finance facilities we offer include:-
All offer tax benefits but have differing sets of loan features and elements. The choice as to which will deliver the best outcomes for your business should be made in consultation with your accountant as accounting measures need to be considered.
To fast-track your finance, take advantage of our online application and contact processes. Or go old school and give us a call to request a quick quote or to apply over the phone.
To discuss your equipment finance requirements, contact Jade Equipment Finance on 1300 000 003
DISCLAIMER:THE DATA, POLICIES, INFORMATION, CONTENT AND REFERENCES AS PRESENTED IN THIS ARTICLE IS FOR GENERAL PURPOSES ONLY, IS SOURCED FROM RELIABLE SOURCES BUT NO LIABILITY IS ACCEPTED SHOULD THERE BE ERRORS OR MISREPRESENTATIONS OF DETAILS IN THE CONTENT. THIS INFORMATION IS NOT INTENDED AS THE SOLE PURPOSE OF MAKING FINANCIAL DECISIONS. READERS SHOULD REFER TO A FINANCIAL ADVISOR OR ACCOUNTANT IN THE EVENT THAT THEY REQUIRE PROFESSIONAL GUIDANCE AND CONSULTATION ON THEIR INDIVIDUAL FINANCIAL POSITION.