We can arrange financing for businesses looking into funding the purchase of a new lathe.
Lathes allow businesses operating in the manufacturing industry to drill and bore, create threads as well as sand and polish surfaces.
The ideal method of financing for a lathe depends on factors such as your business structure and your cash flow.
We can arrange financing for businesses looking into funding the purchase of a new lathe.
Lathe finance is a great alternative to purchasing a lathe outright, as your business can acquire a lathe and use it for business needs, whilst also working with your specific cash flow and business capital situation.
At MAF Finance Group, we can deliver a comprehensive selection of financial solutions to support the purchase of a lathe. Two methods of financing available is hire purchase and a finance lease.
Our manufacturing division is on hand to assist businesses across the UK with any manufacturing related requests you may have.
Purchasing a lathe upfront may not be a viable option for some businesses, with cash flow and business capital being put under strain. Through financing the lathe, the cost of the asset can be spread over a longer period, meaning the repayment asset can be financially sustainable.
With flexibility offered through financing as well as a predictable repayment schedule, incorporating the financing into your budget can be done seamlessly, making repaying for the lathe a smooth process.
MAF Finance Group have strong relationships with a variety of banks and funders, meaning our clients have access to tailored financial solutions.
If you would like to get a quote or need further information, simply fill out our form below and we will be in touch. If you want to speak with us directly, you can call us on 0115 958 6872, and a member of our team will be happy to speak to you. Alternatively, you can email us at [email protected].
Asset Finance
Asset finance allows you to purchase an asset for your business by spreading the cost over monthly repayments meaning you won’t need to use your working capital.
Asset Refinance
Asset refinancing is a way of raising capital against assets you hold on your balance sheet.
Finance Lease
A finance lease is simply renting the asset over an agreed period of time and you usually remain responsible for the maintenance.
Hire Purchase
Hire purchase allows your business to buy an asset by spreading the cost over a fixed period of time with regular monthly instalments.
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