SMART FINANCING them industrial expertise and market understanding . Unlike traditional , generalist financiers who might lack comprehensive technical knowledge to fully evaluate the impact a potential investment can bring to the overall business , specialist financiers understand technology development paths and their application in business . They also have a deep knowledge of asset management and can expertly assess collateral values , all of which enables them to craft tailored financing packages that generalist financiers tend not to offer . Financing arrangements can be adapted to accommodate manufacturer ’ s individual requirements and cash flow needs and provide the flexibility to cover other costs such as installation , maintenance , service and training . Since regular finance payments can be spread over the financing period and aligned with the revenues generated by the asset , manufacturing companies can acquire and upgrade equipment in an affordable and cost-effective way without straining their finances .
Technology investment , as a vital component in any forward-looking business growth strategy , will be
‘ Technology investment , as a vital component in any forwardlooking business growth strategy , will be crucial to helping manufacturers boost operational performance and maintain long-term competitive advantage ’
crucial to helping manufacturers boost operational performance and maintain long-term competitive advantage . The growing use of equipment finance in facilitating such investments attests to its vital role in a manufacturer ’ s financial toolkit . Even as liquidity returns to the market , asset finance is likely to continue to make gains in popularity . It provides a source of finance that is separate and distinct from traditional borrowing , allowing manufacturers to preserve those lines of credit for tactical business requirements which can contribute to their further growth .
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