A loan or lease used to acquire commercial equipment is referred to as equipment finance or asset finance. Equipment finance helps businesses get access to the equipment they need to run. Business owners especially small enterprises do not need to invest a large amount of capital to launch, run, or expand their operations. The loan is usually obtained through a financier, often on a lease basis, with the equipment used as collateral.
At Oxcel Finance, we understand how difficult purchasing the equipment you need to operate your business can be. So, we’ll provide your business with funds to purchase or lease the equipment it needs to operate and grow.