In the renewable energy sector in particular, many businesses depend on funding for the research and development of new systems, and are often faced with changing regulations, policies, and funding requirements.
As a result, asset financing has become a popular choice for technology leasing within the energy industry.
Our finance experts have broad knowledge and experience of asset financing for the energy industry. This allows them to find a financing solution that meets your needs and will benefit your energy business throughout the lifetime of your assets.
We understand that businesses in the energy industry have unique finance requirements for specialist equipment and innovate technologies. We invest time and effort into our asset management products so you can spend more time worrying about the things that truly matter to your business.
The CHG-MERIDIAN Approach to Asset Finance for Energy
At CHG-MERIDIAN, we provide technology leasing asset financing solutions for businesses working in the energy sector, including IT equipment and the industrial equipment needed to manufacture, store, and operate energy plants.
As experts in the leasing of the latest equipment and technology for the energy sector, we can offer bespoke financial models designed around your specific volumes, helping to simplify cost control while reducing investment risk.
Independence
We are fully independent of all manufacturers and banks. This allows us to provide our customers with individual, neutral advice and guidance. And, because we support our customers in the energy sector with an external view, we can offer a truly non-biased opinion.
Sustainability
In our quest for a carbon neutral world, we wanted to do more than just provide basic asset finance solutions. That’s why we’ve developed our own carbon-neutral asset financing solution, carbonZER0.
Innovation: tesma
Our online asset and contract management system, tesma gives you full transparency over assets including every single material handling vehicle and technology we have supplied, and the related service data. Whether you use it to monitor asset usage, servicing, and maintenance records, or keep track of invoices, operating costs, and contract deadlines, it will provide 100% transparency throughout the financing term.
Benefits of Technology Financing with CHG-MERIDIAN for the Energy Sector
Technology leasing with CHG-MERIDIAN offers a number of benefits, including:
Lower total cost of ownership
The amount paid over the lifetime of your assets will typically be lower than the capital cost of the manufacturing equipment.
Cost management
Spread the cost of your assets over their useful economic life, rather than having to invest a significant amount of capital upfront.
Scalable
With our asset financing solutions for the energy sector, you can scale your equipment and technology needs up or down as needed. This is particularly useful if you experience cyclical revenue.
Lower maintenance costs and reduced downtime
With a regular refresh cycle in place, you can rest assured that your equipment is fully up to date and, as a result, is unlikely to require maintenance. This not only reduces repair costs, but also reduces the risk of downtime, which can be incredibly costly.
Stay one step ahead
In the energy industry, it’s vital that you stay up to date with the latest developments in technology. Asset financing allows you to do that without the cost of constantly buying and replacing equipment.
What Assets do CHG-MERIDIAN Finance?
We provide flexible asset financing for a diverse range of assets to be used in the energy industry, including:
- Software
- Laptops
- Smartphones
- Desktop PCs
- Tablets
- Scanners
- Data centres
- Printers
- Servers and storage
- Automated Guided Vehicles (AGVs)
- Cranes
- Robots and production lines
- Presses
- Sideload trucks
- Reach trucks
We also provide asset financing for a range of other sectors, including manufacturing and IT asset financing.
How Asset Finance Can Help You Invest in Renewable Energy
There are a number of financial benefits to leasing your business equipment, but another benefit we offer with our asset finance, is that it can also help you to invest in renewable energy. First of all, leasing IT resources instead of buying outright can then free up budget to invest in green energy as part of your sustainability goals. Lastly, CHG-MERIDIAN are committed to providing green IT solutions with the equipment we lease.
