Before diving into equipment acquisition, it's prudent to assess your business's borrowing capacity. Setting a budget aligned with your financial capabilities ensures optimal cash flow management. Our equipment finance calculator simplifies this process.

To estimate your equipment loan repayments, simply input:

• Loan amount: Desired borrowing sum

• Residual or balloon payment (if applicable): Lump sum at loan term's end

• Loan term: Duration for repayment

• Preferred finance type: Chattel mortgage, hire purchase, or finance lease

Adjust the interest rate, loan amount, term, and balloon payment to gauge their impact on repayments. Plan smartly to empower your business without compromising cash flow.