Machinery for Printers
Older used printing machinery can help businesses remain competitive and keep up with demand. How to get finance from a specialised lender who is not a bank.
There are over 5,000* printing businesses in Australia, producing a wide range of printed material. Pricing is under pressure as digital comunication continues to reduce traditional print capacity.
Businesses need to be as competitive as possible and often equipment changes, whilst an investment, can help. One Victoria based company couldn't keep up with customer demand using their existing machinery. Having various banking commitments they decided to approach Nick Lowe from Lowe Finance/Quantum Business Finance to help them. They needed finance for a second hand 2007 specialist foil, diecutting and embossing machine, together with an older 1997 high speed folding machine.
The Classic Funding Group solution
A secured loan for 5 years for $319,000 to buy both machines from another Victoria based printer.
We can help with older, second hand equipment.* Source IBIS World 2018