Engineering is a vital part of the UK economy.
Many industries require engineers, and those firms that win the most lucrative contracts combine a skilled workforce with up-to-date machinery and equipment.
Getting started in the engineering sector or upgrading equipment can be difficult if you do not have the necessary available capital. However, there are other ways to finance machinery that better suit your cash flow and won’t break the bank.
Machinery finance solutions
Hire purchase, leasing and refinancing are all ways to finance engineering equipment. Working with Charter Hall provides access to asset finance that won’t leave you feeling as if you need a master’s in financial engineering to understand the terms of any agreement.
Our engineering finance consultants understand the industry and the difficulties that it faces. They are also experts in delivering finance and combine the two to provide machinery finance that provides the assets you need at a price you can afford.
Determining the right machinery finance package for you
We know that no two companies are exactly the same. Your cash flow, work schedule, client base and areas of expertise all affect the type of machinery and equipment you need, how quickly it needs to be upgraded and how regularly it needs to be replaced.
We use these factors to help design the right engineering and finance package for your business. Our options include hire purchase agreements, finance and operating leases and refinancing packages. We tailor each solution to suit your individual needs, including seasonal changes in cash flow and taking account of how your business is affected by changes in other sectors.
Contact the engineering finance team at Charter Hall today to find out more.
Examples of the engineering assets we can finance include:
- Boring machines
- CNC lathes
- Milling machines
- Moulding tools
- Press brakes