Business Loan Broker > Asset Finance > Plant & Machinery Finance

Plant and Machinery Finance

FinCred CF helps businesses involved in various market sectors, such as construction, manufacturing, and printing, that require costly fixed assets to operate and provide goods and services to their customers.

On this page, find out how plant/machinery finance works. Then talk to Fincred CF, an experienced plant and machinery finance broker, so you can find the best solution possible.

What is Plant and Machinery Finance?

Some of the most expensive assets are those that are a necessity for businesses to carry on their trade. These assets may be specialist vehicles for construction firms, commercial printers, manufacturing equipment and machinery for assembly lines, or even entire plants for renewing or extending your current business.

Due to the significant cost involved in purchasing new plant & machinery assets for your company, it may not be possible for your business to make a one-time payment to purchase a plant or machinery.

This is where plant and machinery finance comes in. Even if you think that purchasing new assets for your company is out of your reach due to the cost involved, there are options to help. The right plant and machinery finance agreement can allow you to purchase expensive assets and spread the cost over a long period of time.

plant and machinery equipment

What Types of Plant and Machinery Finance are Available?

With plant and machinery finance, you could purchase the asset outright with a finance agreement, or have use of the asset for the period determined under a lease agreement

The option that is best for you depends on your business situation. Moreover, to get the best terms on your finance or lease agreement, you want to compare multiple options. That is why working with a broker like Fincred CF is so helpful.

Plant and machinery finance is a form of asset finance.

How Your Business Would Benefit From Plant and Machinery Finance

 

It is a fact that most big-ticket items of machinery or plant equipment are not realistic cash purchases for most businesses.

But even if you have the money in the bank for such a purchase, that’s not to say you should as this can cause a significant impact on your cash flow. That might be money better spent elsewhere. This is true for new start-ups, existing SMEs, and even large multinational businesses who want to make the best use of their cash. 

All in all, if your company needs heavy machinery or a plant refit, spreading the cost of your purchase might be a suitable option to maintain a healthier cash flow. You can:

  • Start a business
  • Upgrade your equipment earlier
  • Avoid high initial cash expenditure
  • Maintain a flexible cash flow

FinCred has experts familiar with the construction and manufacturing industry. So if you need help working out if plant finance or equipment finance is for you, don’t hesitate to contact us.

Working with FinCred CF, Your Broker for Plant and Machinery Finance

There are a wide variety of options available for financing plant and machinery purchases, and it can be hard to know what solution is best for your business. FinCred CF is an experienced broker in this area, and because we have your best interests at heart we will guide you through the process and provide all the advice you need. 

We make funding easy for clients small and large. When you are ready to find a plant and machinery finance agreement, or if you just want to learn more, contact us

We work in partnership with our sister company FinCred IS. With their specialist surety bonding and trade credit insurance expertise, they can offer insurance solutions to complement and facilitate your plant machinery finance requirements.

UK Wide Industry Statistics

Total value off all sales financed in the UK - £bn

Domestic invoice discounting - £bn

Total number of asset based lending clients

Domestic invoice discounting clients

Please Get In Touch

If you wish to speak to a broker in plant and machinery financing please fill out the form on the ‘Contact Us’ page by clicking the button below.