Equipment loans
What type of product is it?
The equipment loan is a profitable and tax-efficient way for a contractor acquire assets (new or used equipment). This product is aimed at companies wishing to acquire new equipment.
What are the special features of this financial product?
- Amortization of equipment financing is usually linked to the useful life of the asset acquired. This period generally ranges from 3 to 7 years.
- The percentage of financing generally authorized for equipment varies according to its value and ease of resale. Less-specialized equipment aimed at a broader customer base (easily resold) will benefit from a larger contribution from lending institutions. Generally speaking, the financial contribution is between 30 % and 100 % of the value of the equipment to be acquired.
What are the advantages of this type of financial product?
In addition to helping you answer your questions, our experts at SADC can help you really analyze your situation. What's more, an analysis of your long-term needs and the determination of an appropriate strategy The right financial solutions for your company could be developed at the same time.
See the list of different needs to the right that this financial product can meet. Don't hesitate to apply for financing from SADC. We'll help you think through and implement your project. project.
YOU WISH...
- Acquiring, merging or taking over a company
- Improve your working capital / Growth
- Starting a business
- Developing a residential / commercial project
- Acquiring equipment
- Export your products or services
- Financing through tax credits
- Buying commercial/industrial property
- Turn around the financial situation
- Take equity out of your business
- Robotize / Automate / Improve IT
- Financing a startup
- Improve your company's environmental performance
- Carrying out a group project
- Strategic planning for your company's development
