1387 days ago

Extending the life of older equipment...

Speirs Finance

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.

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More messages from your neighbours
1 day ago

Poll: 🤖 What skills do you think give a CV the ultimate edge in a robot-filled workplace?

The Team from Neighbourly.co.nz

The Reserve Bank has shared some pretty blunt advice: there’s no such thing as a “safe” job anymore 🛟😑

Robots are stepping into repetitive roles in factories, plants and warehouses. AI is taking care of the admin tasks that once filled many mid-level office jobs.

We want to know: As the world evolves, what skills do you think give a CV the ultimate edge in a robot-filled workplace?

Want to read more? The Press has you covered!

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🤖 What skills do you think give a CV the ultimate edge in a robot-filled workplace?
  • 54.5% Human-centred experience and communication
    54.5% Complete
  • 14.6% Critical thinking
    14.6% Complete
  • 28.6% Resilience and adaptability
    28.6% Complete
  • 2.3% Other - I will share below!
    2.3% Complete
213 votes
13 hours ago
4 days ago

Poll: Should complete designs be shared with the public, or should the community help shape the designs from the start?

The Team from Neighbourly.co.nz

The Post recently shared an opinion piece on the Harbour Crossing and why a more democratic approach might be needed 🚗🚲👟

While most decisions sit within the political arena, many organisations—like NZTA—manage long-term projects that go beyond party lines. Politics can sometimes disrupt progress, and the next Harbour Crossing is a big decision that will affect all Aucklanders.

We’d love your thoughts: Should near-complete, shovel-ready designs be shared with the public, or should the community have a hand in shaping the designs from the start?

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Should complete designs be shared with the public, or should the community help shape the designs from the start?
  • 80% Community feedback and transparency is needed.
    80% Complete
  • 20% No. This would be impossible in practice.
    20% Complete
110 votes