Choosing a Risk Free Equipment Finance Solution

November 18, 2010 | Author: | Posted in Credit & Debt

Whatever your business is, be it a small to medium sized business, a franchise or a large corporate entity, it is of vital importance to have an effective method for equipment finance that provides flexibility, value for money, and absolute control over your cash flow so that you and your business can grow and expand. In some instances this is harder said than done. Financing equipment can be highly problematic.

Examples of such problems include the initial challenge of getting finance from your bank. Starting a new business or expanding an existing business often requires huge expenditure in capital. Once you take the plunge there is no way to get back your hard earned working capital. And certain assets depreciate at a high rate potentially not giving you the return on investment you’d like. Furthermore, if you take this route you don’t get the opportunity to test drive a piece of equipment to know if it is right for your business. Ultimately, when you buy an expensive piece of equipment you are taking on all of the risk and cannot be sure on the outcome of your equipment financing.

It doesn’t have to be this way. goGetta have provided a simple solution to this somewhat complex problem which lets you be in charge of your own working capital .
Introducing goGetta’s unique goRentgoGrowgoOwn trademarked solution for equipment rental. It’s equipment rental with the core benefit being that you exercise your option to buy with a 75% discount off the equipment rental you’ve already paid for.

It offers all of the following benefits:

• Low rent repayments each week.
• Be in control of your valuable working capital.
• The opportunity to test drive before you buy.
• No more unwanted commercial equipment
• No long term contracts – A 12 month agreement
• Rental payments are tax-deductible.
• Rent is off ‘balance sheet’, meaning it doesn’t affect your ability to borrow for growth in the future

This is of course just one solution to a problem but it certainly illustrates the need to broaden your horizons and look for non-conventional ways to stay in control of your working capital.

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