Asset Finance

Small Business Asset Finance is a type of financing that allows businesses to borrow money against their assets to purchase new equipment, furniture or fund working capital projects. Traditional banks often shy away from lending to small businesses due to the high risks involved and the lack of collateral. However, small business owners can still obtain financing through asset-based loans, which can be a lifesaver for businesses that need capital for expansion.

Admire Finance offers various Asset Finance options in Australia to help businesses acquire the equipment and other assets they need to grow. With Asset Finance, you can borrow against assets like real estate, vehicles, equipment, and more. This type of financing is flexible, and you only need to pay back the loan once the asset has generated sufficient cash flow. This allows you to purchase more units than you would have been able to afford otherwise.

Asset finance offers several benefits over traditional bank loans. Firstly, interest rates are often lower, and in some cases, no interest is charged at all. Additionally, repayment options are flexible, and you can choose a repayment schedule that works best for your business. So, if you're a small business owner looking to expand your operations, consider applying for Asset Finance with Admire Finance.