Equipment Finance

Do You Qualify?

You may qualify for Equipment Finance if your business:

1. Has at least 12 months of trading history
2. Generates an average monthly revenue of R60,000 or more (Figures are for example purposes and may vary by lender.)

How It Works

Equipment finance allows you to acquire or use equipment without paying the full cost upfront.

The equipment itself often serves as collateral.

Different structures include:

• Instalment Sale: Monthly payments of principal + interest; you own the equipment at the end of the term.
• Lease to Own: Lease the equipment with an option to buy at the end via a residual payment; may offer tax benefits.
• Rental: Short- or long-term rental without ownership responsibility; maintenance and accounting are simplified.
• Equipment Refinance: Use already-owned equipment to unlock cash for business operations.

Choosing the right option depends on your cash flow, ownership preference, and tax/VAT considerations.

Common Use Cases

Equipment Finance can be used for a wide range of business assets, including:

• Technology hardware, office equipment & AV, office automation
• Solar equipment, telecom products, security equipment
• Medical equipment, mining equipment, construction equipment, yellow metal machinery
• Power generation equipment, auto & aviation equipment
• Refinancing existing assets to free up cash for operations