Extending the life of older equipment...
How do I fund a significant repair, rebuild or refurbishment of existing equipment, plant and machinery?
Extending the life of existing equipment by rebuilding or refurbishing it can defer major capital expenditure and be a very cost-effective option for your business.
HOWEVER, it may be challenging to fund from cash flow and traditional funders may be reluctant to consider the existing asset as appropriate collateral, impose further security requirements or require repayment over a short period not recognising the life of the asset is being extended.
A specialist funder who understands assets and is able to structure a longer term for you will result in a loan matched to the economic life of the asset; making your monthly payments more manageable and improving cash flow.
Poll: When should the tree go up? 🎄
From what we've heard, some Christmas trees are already being assembled and decorated.
What are your thoughts on the best time to get your Christmas tree up?
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4.7% Second half of November
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43.9% 1st December
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17.7% A week before Christmas
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32.6% Whenever you wish
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1.1% Other - I'll share below
Noticeboard
A neighbour has to go to Greenlane hospital & she,s never used a parking metre & she wants to know how to start &what other steps she takes & can she pay with her debit card.I can’t help her as I work from home & have never had to use a parking meter so need your help PLEASE
Poll: Should all neighbours have to contribute to improvements?
An Auckland court has ruled a woman doesn’t have to contribute towards the cost of fixing a driveway she shares with 10 neighbours.
When thinking about fences, driveways or tree felling, for example, do you think all neighbours should have to pay if the improvements directly benefit them?
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82.6% Yes
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14.7% No
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2.7% Other - I'll share below
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