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: Are our Kiwi summer holidays helping us recharge, or holding the economy back? ☀️🥝
There’s growing debate about whether New Zealand’s extended Christmas break (and the slowdown that comes with it) affects productivity.
Tracy Watkins has weighed in ... now it’s your turn. What’s your take? 🤔
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73.1% We work hard, we deserve a break!
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16.2% Hmm, maybe?
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10.7% Yes!
Brain Teaser of the Day 🧠✨ Can You Solve It? 🤔💬
How many balls of string does it take to reach the moon?
(Peter from Carterton kindly provided this head-scratcher ... thanks, Peter!)
Do you think you know the answer? Simply 'Like' this post and we'll post the answer in the comments below at 2pm on the day!
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QUIZ!!
ANNOUNCEMENT !!
it's the last Nomad Quiz for '25!!
Prizes! Fun! Grear Pizza! Cool Staff'..and a kinda funny MC (Me)....from 7pm.....bookings essential
Get in touch with Nomad Point Chevalier to secure your spot.... 09 815 9595
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