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Balloon Payments on Car & Equipment Loans – Is It the Right Fit for Your Clients?
A “balloon” is a lump sum payment that can be structured at the end of term of a car or equipment finance contract, normally for the purpose of reducing repayments. Customers often have the option of structuring their loan to either completely pay off the loan over the term or ...
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Why are car & equipment finance interest rates rising?
19 November 2021
Shout Out by Sean Fowler, Equipfin.
9 November 2021
Congratulations
Congratulations, Sean Fowler, Managing Director at EquipfinHuge congratulations to Sean Fowler, Managing Director at Equipfin who is has been nominated by the Commercial & Asset ...
Continue Reading What is the Government SME Recovery Loan Scheme?
On the 25 August 2021, in recognition of the continued economic impact of the COVID-19 Pandemic the Government announced the SME Recovery Loan Scheme which ...
Continue Reading Why should Accountants partner with an Asset Finance Broker?
When businesses are looking for finance, their immediate reaction is to go to their bank in many cases. However, banks are generally slow, ask for ...
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