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Showing posts with the label Franchise equipment finance

Get the best from equipment finance for your franchise

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Toni Fritz Anyone who owns and operates a franchise will tell you that cash flow determines whether your business succeeds or not. However, unexpected expenses can occur and many will be linked to the need to urgently buy or replace equipment. Therefore, the potential for a negative impact on cash flow always exists. When expensive equipment is needed urgently, the solution to obtaining the equipment also means preserving cash flow as far as possible, says Toni Fritz, Head of Vehicle and Asset Finance - Business at Standard Bank .   “When times are tough, paying out hard-earned cash for operational necessities is often not an option. Financing is then, the only realistic solution. However, how you raise the money and what the final cost will be to you, should be carefully considered before you commit yourself to a loan.” Things to consider when seeking finance: • The monthly repayments Research your options and do some calculations. You could find that, by paying a...