We listen, we care
Bad Credit Equipment Finance
-
intellichoice
What Bad Credit Equipment Financing Options Are Available?
Bad credit makes it challenging to get approved for traditional business loans. The lack of cash flow is a big concern because equipment expenses are necessary to grow the company. Unless you have the capital, small and medium-scale businesses may be unable to afford key equipment.
Fortunately, there are equipment financing bad credit options for business owners in Australia. Whether it be heavy equipment financing, restaurant equipment financing bad credit, farm equipment financing, or medical equipment financing, lenders provide certain terms for bad credit loans meant to be used for commercial equipment.
Our financial experts at Intellichoice help SMEs reach banks and lenders who understand your situation. We will not allow a default to diminish your business’s capacity to get additional financing.
Want to know more about bad credit equipment financing?
-
intellichoice
What Makes Bad Credit Equipment Financing Beneficial?
Equipment loans have always been part of Australia’s business backbone. After all, the country has a high number of businesses in the construction industry. Equipment financing augments the typical moderate cash flow that companies have.
Policies are designed to increase long-term opportunities for SMEs, emphasizing companies’ growth and operating environment. Currently, interest rates are historically low for SMEs and large businesses. SME interest rates have declined from 8.6% in 2007 to 3.4% in 2020. And bad credit equipment financing is no different. Companies can grow faster and exceed revenue targets when purchasing or leasing vital equipment for the business is more accessible.
Intellichoice provides top choices for bad credit equipment financing. We understand that key assets and machinery may prove too much to buy using your capital alone. You need a healthy cash flow injection to buy a piece of new equipment or replace a broken one immediately. Our leasing and financing options can increase profits, expand networks, and generate faster ROI for your long-term growth.
Need additional business cash flow?
-
intellichoice
Heavy Equipment Financing Bad Credit Process
Research shows that most SMEs in Australia need financing because of the major expenses incurred in running a business. Whether it is in the agriculture, construction, medical, or dining field, companies need to have the proper equipment for everyday use.
Equipment financing is necessary for these instances. For example, if your backhoe breaks down, you need an immediate replacement. It’s unlikely that there will be enough cash to afford such a significant purchase.
Getting bad credit equipment financing is not only possible, but it’s also much more straightforward with Intellichoice. We understand that this type of loan can make or break your business. Poor credit will not limit your opportunities as long as you work with our financial experts.
Is bad credit equipment financing right for you?
- vehicle and fleet lease
- heavy-duty commercial vehicles: semi-trailers, tractors, prime-movers, buses, coaches, trailers
- plant and equipment loans: printers, factory equipment, robotic machinery, manufacturing equipment
- construction machinery
- startup computer/office equipment: servers, computers, desk, furniture, wiring
- agricultural equipment: harvesters, helicopters, airplanes, agricultural machinery, livestock management equipment, vehicles, trucks
- shop fit-outs for commercial retail and other commercial property
- healthcare laboratory equipment: dental, surgery, hospital, biomedical, and other tools
- boat and other marine finance
- restaurant appliances and equipment
-
WE ARE TRUSTWORTHY
Why Choose Intellichoice
Traditional loans won’t be as flexible for bad credit clients, and loan approvals might take longer and increase the opportunity cost of missed sales. Bad credit equipment financing is your expedited option:
- Consult with experts. Our financial brokers are certified and have access to the most reputable lenders. We can work with clients even in bankruptcy and foreclosure cases.
- Apply online within minutes. We focus on making the loan process fast and straightforward.
- Loan approval in days. Clients get a response within hours of application, granted the documentation is complete. After agreeing to the terms, you receive the money directly.
We are your partner in rebuilding your business. With timely bad credit equipment financing, clients can expand operations, address emergency expenses, and buy brand-new stock. There are many reasons why people find themselves with a bad credit rating. Traditional lending institutions may have turned you down. But here at Intellichoice, we do the legwork sourcing viable business financing for you.