What is Private Funding Private funding is when a group of private investors put up capital so that a customer can purchase Capital Equipment such as Trucks, Earthmoving Equipment, Farm Machinery and similar type assets. Banks on the other hand are able to lend money to their clients due to the fact that their customers…
Why use the big banks for truck and heavy equipment finance when you can use a company that ONLY specialises in this type of funding. Please see video above for more info…
One of the biggest challenges faced by those transitioning from an operator working for wages to becoming self-employed, is how to promote the business to ensure they get sufficient work to move the business in a forward direction. Below are some basic tips on how to successfully promote a newly formed Earthmoving Business. Create Stationery…
Looking for a company that specialises in Truck Finance and Heavy Vehicle Finance? This short video explains how Heavy Vehicle Finance can help.
Are you a business looking to grow your fleet of capital equipment? The below infographic provides some advice on how to achieve the most successful outcome when applying for Truck Finance or Heavy Equipment Finance. If you wish to develop a relationship with a specialist heavy equipment finance company, you can apply online with Heavy…
In times past, people would visit their local Bank Manager in order to apply for Equipment Finance relating to the purchase of Trucks or Heavy Equipment. This would mean that the applicant would need to take time out of their busy schedule to meet with a Bank Manager in order to discuss their funding proposal.…
The following article will show the main factors that could jeopardise an applicant’s ability to obtain Equipment Finance for Trucks and Heavy Equipment. Applying for finance with various financiers at the same time If someone looking for finance has many applications out at any one time, their credit file shows a credit enquiry with each…
A private sale occurs when the truck or equipment being sold is through a private individual or company. The private individual or company selling the equipment is not a licenced truck or equipment dealer but a business on selling equipment to another party. Finance companies consider vendors in three separate categories; Private Sales – a…
An annual report issued by RABO Bank has indicated that the outlook for the Australian Agricultural Industry is bright for 2016 / 2017. Below are 4 driving factors contributing to strong demand for goods and services in the Agricultural Industry. If you are looking for a great deal on Farm Equipment Finance with Seasonal Payments…
Let’s say a Truck Driver is looking to trade in his current truck at his local dealership to step into a newer more reliable truck. Negative equity will occur if the dealership offers a trade in value on the truck that is lower than what the payout figure is on that same truck. For instance,…