Business Finance Solutions Provided By Ezycom Solutions:
Are you busy? Do you have so much work on that you are sending new business away?
If not, then you should be looking at new ways to generate interest from current and new customers.
What can you do differently that will help your business achieve more sales and/or raise your profit margin?
Below are two examples of using finance facilities to help update your office equipment and as a direct result – generate more interest in your services and more sales for your business.
Lowest Common Denominator
Think you can not afford that new equipment? – Does the thought of paying $1000′s today send you crazy????
How about looking at what the equipment will cost you per week. Most businesses generate income weekly, so they should look at their expenses on a weekly basis. If you are looking at new equipment, it may only cost you $50-$80 a week if you rented or leased it. If you are generating or saving $100 then you should finance it. The equipment is PAYING FOR ITSELF.
Should I finance or not?
Why should I pay more for the equipment by paying interest/finance costs over the term compared with paying cash now???
This is a question I get asked almost every day. Below is an example of what the real costs are in paying cash for equipment compared to financing.
Example - $5000 worth of Computers
- Pay outright for equipment
- No leveraging of $5000
- How could you have used the $5000 over the next 3 years to help build your business
- Most people can double their investment over a 3 year period, which means that the $5000 paid today would have generated $5000 more over 3 years.
- Monthly payments of approx. $210 over 36 months – $7560 in total payment
- Better Tax Advantages – every cent is a deduction in the year you spent the money
- More flexibility to upgrade/add
- More effective options end of term
By financing the equipment, the total cost has been $7560, whereas, the cost to purchase outright has actually cost you $10,000 in lost opportunities.
Are you having trouble getting your equipment Financed???
Most funders will only consider the A class clients.
Ezycom Solutions has a number of funders on its panel that will consider more difficult applications. This includes Computers, POS, Photocopiers, PABX, Printers, Security Equipment etc. There are many other types of equipment we can finance, so please call us today on 1300 787 155 to discuss further.
Alternatively, place your details in the form to the right and we will be in contact with you as soon as possible!