What is equipment financing?

Equipment financing involves obtaining funds to purchase or lease equipment necessary for business operations. As a loan broker, Loan Options connects clients with lending partners who offer competitive equipment financing solutions, ensuring businesses can acquire the equipment they need without straining their cash flow.

How does equipment refinance work?

Equipment refinance allows businesses to restructure existing equipment loans to achieve better terms, such as lower interest rates or extended repayment periods. Loan Options assists clients by working with lending partners to find the best refinance options, helping improve cash flow and reduce monthly payments.

What types of equipment can be financed?

A wide range of equipment can be financed, including machinery, vehicles, technology, and office equipment. Loan Options connects clients with lending partners who offer finance solutions for various types of equipment, ensuring businesses can acquire what they need.

Can I refinance my existing equipment loan?

Yes, refinancing your existing equipment loan can help you achieve better terms and improve cash flow. Loan Options assists clients by working with lending partners to find the best refinance options, ensuring you get the most favourable terms.

What is the difference between equipment finance and a line of credit in the UK?

Equipment finance is specifically for purchasing or leasing equipment, while a line of credit provides flexible access to funds for various business needs. Loan Options helps clients determine which option is best for their situation by connecting them with lending partners who offer both types of financing.

Can I get equipment finance with bad credit?

Yes, it is possible to secure equipment finance with bad credit. Lenders may consider other factors such as business performance and revenue. Loan Options collaborates with lending partners who specialise in providing finance solutions for clients with bad credit, increasing the chances of approval.

Equipment Finance & Refinance

Apply for Equipment Finance & Refinance

We empower your business to invest in the essential tools and machinery needed for growth. Whether you want to purchase new equipment or refinance existing assets, our partners’ tailored financing options provide the flexibility and support you need. With competitive rates and flexible terms, we make it easy for you to keep your operations running smoothly and efficiently.

Discover how our equipment finance solutions can help your business thrive.

Loan options securing small business finance

What is Equipment Finance & Refinance

Equipment finance and refinance provide the funds needed to purchase or upgrade essential business equipment. Our partners offer tailored equipment finance solutions, allowing you to invest in the tools and machinery necessary for your business to thrive. Whether you need new equipment or want to refinance existing assets, comparing our lenders’ options ensures competitive rates and flexible terms that make it easy to keep your operations running smoothly.

Use your working capital elsewhere.

Purchase or extend the contract on the asset when finished.

Various end-of-contract options.

How It Works

Applying for Equipment Finance & Refinance can be a crucial step in growing your business, and understanding the process can help set clear expectations. At Loan Options, we collaborate with a network of trusted partners to offer tailored equipment finance solutions that meet your unique needs. Our goal is to provide you with the necessary funds quickly and efficiently, while ensuring you have the support and guidance you need at every stage.

Here’s a general overview of the four-step process to help you understand what to expect when applying for Equipment Finance & Refinance through our partners:

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Step 1

Initial Enquiry

Start by providing basic information about your business and the equipment you need to finance or refinance. This helps us understand your needs and eligibility.

Step 2

Loan Matching

Using advanced technology, we match your business with suitable equipment finance options based on your circumstances and requirements.

Step 3

Application Support

Our expert Account Director guide you through the application process, ensuring it’s straightforward and stress-free.

Step 4

Loan Approval

Once you choose the best equipment finance option, we handle all communication and documentation. Your Account Director will keep you updated until you receive your funds.

Why choose Us

At Loan Options, we understand that every small business is unique, regardless of the industry. Our mission is to provide loan options tailored to your specific needs. Our team of Account Directors brings over 30 years of diverse industry experience, driving our success with their knowledge and passion. Here’s why you should choose us:

Industry Expertise: With extensive experience across various industries, we have the knowledge and expertise to support your business, no matter your field.
Personalised Service: We offer a personalised approach, ensuring that you receive the best loan options suited to your business requirements.
Fast and Efficient Process: Our streamlined application process is designed to be quick and hassle-free, so you can focus on what matters most – running your business.
Dedicated Support: Our team of expert Account Directors is here to guide you through every step of the loan process, providing support and advice whenever you need it.

Frequently Asked Questions

What is equipment financing?
Equipment financing involves obtaining funds to purchase or lease equipment necessary for business operations. As a loan broker, Loan Options connects clients with lending partners who offer competitive equipment financing solutions, ensuring businesses can acquire the equipment they need without straining their cash flow.
How does equipment refinance work?
Equipment refinance allows businesses to restructure existing equipment loans to achieve better terms, such as lower interest rates or extended repayment periods. Loan Options assists clients by working with lending partners to find the best refinance options, helping improve cash flow and reduce monthly payments.
What types of equipment can be financed?
A wide range of equipment can be financed, including machinery, vehicles, technology, and office equipment. Loan Options connects clients with lending partners who offer finance solutions for various types of equipment, ensuring businesses can acquire what they need.
Can I refinance my existing equipment loan?
Yes, refinancing your existing equipment loan can help you achieve better terms and improve cash flow. Loan Options assists clients by working with lending partners to find the best refinance options, ensuring you get the most favourable terms.
What is the difference between equipment finance and a line of credit in the UK?
Equipment finance is specifically for purchasing or leasing equipment, while a line of credit provides flexible access to funds for various business needs. Loan Options helps clients determine which option is best for their situation by connecting them with lending partners who offer both types of financing.
Can I get equipment finance with bad credit?
Yes, it is possible to secure equipment finance with bad credit. Lenders may consider other factors such as business performance and revenue. Loan Options collaborates with lending partners who specialise in providing finance solutions for clients with bad credit, increasing the chances of approval.