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1073 days ago

The pitfalls of financing assets through a dealer

Speirs Finance

Dealers or sellers of capital equipment will often offer you a finance solution when you are looking to buy their gear – while this can provide you with the benefit of dealing with less people it may also mean that you end up with a finance structure that is not optimal for your business and that could be detrimental to cash flow.

In most cases Dealers are generally offering finance as a tool to sell you one of their assets – offering finance enables them to retain control of the sale, stop the buyer from going to a competitor dealer for a similar bit of gear, and reduce purchasing barriers. In many cases it will provide additional income from the finance, or in the event of discounted interest rates, reduce the discount they would normally have to provide on the asset being purchased.

More messages from your neighbours
2 days ago

What's your favourite recipe for courgettes?

Mei Leng Wong Reporter from NZ Gardener & Get Growing

Kia ora neighbours. If you've got a family recipe for courgettes, we'd love to see it and maybe publish it in our magazine. Send your recipe to mailbox@nzgardener.co.nz, and if we use it in the mag, you will receive a free copy of our January 2025 issue.

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8 hours ago

Retire in comfort and security

Greenview Park Village

Premium care just meters away form our village. Join our caring community, where passion thrives. Trust Terrace Kennedy House for exceptional care and meaningful connections. Find out more

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8 hours ago

The tiger who came to tea

Resene

Trays are such a useful item to have in the home – they are obviously great for serving food and drinks, particularly breakfast in bed! Find out how to create your own with Resene wallpaper and Resene Colorwood wood stain with these easy step by step instructions. Find out more

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