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Because of this, asset finance has become a popular choice for technology leasing within the manufacturing industry. It allows businesses to acquire and update high costs assets, including fork lifts, AGVs, conveyors, cranes, and more.
Our manufacturing finance experts have an in-depth knowledge of the manufacturing industry, allowing them to find a financing solution that benefits your manufacturing business throughout the lifetime of your assets.
We invest time and effort into our asset financing products so that you can spend more time worrying about the things that truly matter to your business.
The CHG-MERIDIAN Approach to Asset Finance for Manufacturing
At CHG-MERIDIAN, we provide technology leasing asset financing solutions for a range of manufacturing assets, including forklift trucks, AGVs, robotic systems, cobots, and more.
As experts in the leasing of the latest manufacturing equipment, we can offer bespoke financial models that are designed around your specific volumes, helping to simplify cost control while reducing investment risk.
Independence
We are completely independent of manufacturers and banks, allowing us to provide our customers with individual, truly neutral advice. We support our customers in the manufacturing industry with an external view and can therefore offer a non-bias 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.
What is Manufacturing Finance?
Manufacturing finance is simply the financing of any equipment within a manufacturing business to help with cashflow and technology maintenance. Financing, rather than buying outright, also offers more flexibility in terms of the lifespan of IT and other manufacturing business assets.
Benefits of Technology Financing with CHG-MERIDIAN for the Manufacturing Sector
Lower total cost of ownership
The amount paid over the lifetime of your assets will typically be lower than the capital cost of the equipment with manufacturing finance.
Cost management
Spread the cost of your manufacturing assets over their useful economic life, rather than having to invest a significant amount of capital upfront.
Scalable
With asset financing solutions, you can scale your equipment technology needs up or down as needed. This is particularly useful if your manufacturing business experiences 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 for businesses in the manufacturing industry.
Stay one step ahead
In the manufacturing industry, it’s vital that you stay up to date with the latest developments in technology. Manufacturing finance allows you to do that without the cost of constantly buying and replacing equipment.
Testimonials and Current Customers
What Assets do CHG-MERIDIAN Finance?
We provide flexible asset financing for a range of assets in the manufacturing industry, including:
- Forklift Trucks
- Automated Guided Vehicles (AGVs)
- Cobots
- AMRs
- Cranes
- Pallet Trucks
- Conveyors
- Load Carriers
- Racks
- Robots and Production Lines
- Presses
- Injection Moulding Machines
- Vending Machines
- ATMs
- Reach Trucks
- Sideload Trucks
We also provide asset financing for a range of other sectors, including Healthcare and IT asset financing. To find out more, please get in touch.
Get in touch
To find out more about our asset financing solutions for the manufacturing industry, please get in touch. Complete the short form below and one of our experts will get back to you.
