Both buyers and sellers need cash to push ahead with their respective business plans. Buyers need finance to purchase and deploy machinery whereas manufacturers need financial help to overcome capital budget constraints.
Machinery buyers that wish to purchase used machinery can often find it a little difficult to obtain finances, even if they do the terms may not be the best they could’ve obtained. The residual value of the used machinery decides you chances of obtaining financial help. Again, the question of finance arises alongside other considerations that arise when such a business decision is to me made. These include checking out the machinery first-hand, discussing dispatch and transaction procedures, etc.
Given the fact that the used machinery market is a global one and quite decentralized one at that, you may find it difficult to constantly be on the lookout for used equipment best suited to your needs. This is where you can benefit from the expertise and experience of a company like Machine Point which can not only expose you to the best used machinery deals but also finance your purchase. The company has offices covering the global used machinery trade. There are not many players in the used equipment market that offer the facility of finance.
Machine Point offers financial help to international machinery buyers and sellers. The company has carved a reputation for being the largest European trader of used machinery in plastics, packaging, and F&B. Buyers of used machinery seeking finance from European banks are often at an advantage because of the better rates on offer as compared to banks in other countries. Machine Point leverages its industry knowledge and partnerships with local and international banks to come up with financing solutions personalized for a given business.
Evaluate your finance options. These may depend upon the term of loan, loan amount, your short-term business plans, long-term business objectives, and cash availability. With Machine Point you can explore asset financing options such as leasing, renting, hire-purchase, contracting, etc. The presence of Machine Point as an intermediary in executing financial deals is a benefit because it can position itself as the common link between parties that may include the vendor, buyer, banks, and even auditors.
Because residual value of the machine to be purchased is a key factor in determining its value, buyers need to strike a balance between the financial cost of machinery and the value it brings to a business. Machine Point appraises used machinery and arrives at the best price fair to both vendor and buyer. Its forte in offering finance for high residual value machinery means low monthly installments for the buyer and less risk for the bank. Vendors in the market can achieve valuable cash flow by working with Machine Point Finance.