Why should I use an Equipment Finance Broker?

From the outset, Synergy Business Finance will understand your entire business model – leveraging their overarching accounting and industry knowledge to deliver immediate, measurable savings of both time and money.

Time does equal money

The opportunity to maximise time within your business should be meaningful motivation to draw on the support of an experienced equipment finance broker to help explore tailored loan options that suit your specific business needs.

With the expertise of a specialised equipment finance broker like Synergy Business Finance who can uncover the most competitive interest rates available, as well as loan terms that offer genuine flexibility, you or your business admin support can gain valuable time working within the businesses day to day operations.

“Our aim is adding value to our client’s bottom line – through making the process as seamless as possible for them from a time perspective but also by adding benefit to their production output in the long run.” Synergy Business Finance Manager Brendan Philp said.

Personalised service is powerful

Unlike big banks and financial institutions, brokers are typically small businesses with a dedicated, tight-knit team. This means that the benefit of well-informed advice and support is more likely to come from a person that your business knows and trusts from the outset.

“We know the end goal objectives of our clients and tailor specific options to suit these goals ahead”, Brendan added.

“We immediately understand their business in talking to them, reviewing their current financials in detail and confidently negotiating the best possible deals on our client’s behalf.” Brendan said.

Industry knowledge matters

The difference a skilled broker like Synergy Business Finance can make is that they do more than merely secure the deal – they aim to source solutions that may offer even more benefits for your business long term.

Understanding the world of equipment finance is another important advantage and with a broker who comprehends your day-to-day operations – as well as the growth goals for the business – finding finance options that align becomes seamless.

Accessible, flexible service

For anyone who runs a business, the concept of ‘regular’ hours often becomes a meaningless term.

Although customer-facing operations may be limited within set working hours, often the administration side of the business happens in the hours afterwards – especially when there are significant investment decisions to be made.

Helping your business flourish by doing the leg work is what sets Synergy Business Finance a part. Working in your timeframes and workloads with a dedicated goal in mind is paramount.

“Throughout the application process we are available at any time to our clients. It’s integral our team takes a personalised approach to each of our client’s circumstances to make the process as stress-free as possible” Brendan said.

Agility within the lending market

“Our team are on the cusp of industry changes, working closely with our lenders as well to understand new product options to benefit clients” Brendan added.

In Australia, the ever-evolving equipment finance market regularly sees new players and products – and with each new lender or product comes a different lending criteria and application process.

One of the critical ways an experienced equipment finance broker can add value to your business is with a commitment to ongoing education that ensures they are up to date with the latest and best opportunities and credit providers. This knowledge, combined with a firm understanding of your own business, puts them in a strong position to deliver truly tailored solutions that suit your financial circumstances.

What’s in it for you?

Connections that have been established and valued are vital to sustainable business success, with brokers able to leverage their valuable professional relationships to provide you with the equipment finance your business need. Even when timeframes are pressured, you may be able to access unique benefits that other lenders don’t promote.

While banks limit themselves to asking questions that help them ensure your business fits into their prescribed pathways towards finance approval, a broker like Synergy Business Finance is better able to focus on how the loan product can serve your needs – and then find a product that helps, rather than hinders, your business’s potential for growth.

Choice and convenience = savings

With a broker better able to offer a broad solution of potential lenders for your equipment finance, choosing equipment finance that is the right fit for your business is more efficient.

By putting convenience and greater control within easier reach, your business benefits from the choice and available options that make shopping around for a better deal easier than ever – with results that can have a positive impact on your profits.

To find out how working with an equipment finance broker can improve the bottom line of your business, talk to our dedicated Synergy Business Finance team today.