Plastics Technology Financing
Get hold of what you need to get going with our business use equipment finance services.
Safe and secure equipment loans for your business
Our plastics technology financing helps businesses obtain the funding they need to innovate and grow in a rapidly evolving market. With our streamlined loan process and competitive rates, Simply Finance is the ideal choice for businesses looking to fund their next venture.
Whether you are in advanced plastic technology, manufacturing, healthcare, or any other field, we have the expertise and resources to help you succeed. So, why wait? Contact us today to learn more about how we can help you achieve your business goals.
Reputable lenders
Talk with a range of trusted Australian lenders.
Competitive rates
Find competitive industry rates for your equipment loan.
Fast approval process
Get approval the same business day.
Why take advantage of Plastics Technology Financing?
There are several benefits to choosing Simply Finance for your plastics technology financing. First and foremost, we offer confirmed reliable and secure funding, providing you with the financial flexibility necessary to achieve your goals.
Our loans allow you to maintain full control of the money you borrow, ensuring that you can invest it in a way that makes sense for your business. These options enable you to borrow significant amounts of money for large-scale projects, giving you the resources necessary to execute complex plans.
Another advantage of choosing Simply Finance is that our financing can also help cover unexpected expenses, providing a level of insurance that protects your business against unforeseen financial challenges. Plus, our commitment to reducing wages cost through the reduction of overtime expenses can improve efficiency and increase profitability, driving growth for your business.
We work with reputable lenders across Australia to find a loan to fit your business needs without impacting your cash reserves – meaning you’re saving money for your business’s daily operations and expenses.
With a range of secure and flexible financing options available, there has never been a better time to invest in manufacturing process tools and equipment
What equipment can I receive a loan for?
Simply Finance can finance any plastic technology equipment with a serial number. That’s right, as long it the equipment has been built, and we have it here in Australia, we can do it.
Some of the most common types of equipment we finance include:
Plastics Processors in Injection Molding
Plastics processors in injection molding equipment are used in the plastics technology process of injection molding to produce plastic parts and products. This equipment includes the injection moulding machine, moulds, heaters, cooling systems, and a variety of control and monitoring systems to ensure the quality of the final product.
Extrusion
Some of the equipment commonly used in the plastics technology process of extrusion include an extruder, which melts and transports the plastic material, and a die, which shapes the material as it is forced through the opening. This equipment is used to produce continuous plastic shapes and profiles.
Blow Molding
Blow molding is a plastics technology process used to produce hollow plastic products, such as bottles, containers, and tanks. Blow moulding equipment includes a machine that heats and melts plastic material, which is then extruded into a tube-like shape.
Plastic Additives
Plastic additives equipment includes various chemical substances added to plastic materials during their processing to enhance their performance, properties, or processing characteristics. Some common types of plastic additives include colourants, fillers, plasticisers, stabilisers, and flame retardants. The equipment used for adding plastic additives includes mixers, extruders, and injection molding machines.
What types of loans are available to me?
At Simply Finance, we understand that every business is unique, which is why we offer a diverse range of financing options to help you secure the industrial equipment you need to succeed. Whether you’re looking for a chattel mortgage, low-doc loan, rent-to-buy/operating lease, or an instant asset write-off, we have a financing solution that can meet your specific requirements. Please note, all fixed loans are non-variable.
.
What is a low doc loan?
A low-document (or low-doc) loan is a fast and easy way to secure financing
If you’re self-employed, a sole trader or a small business owner, the laundry list of details and documents that big banks or loan institutions ask for can be overwhelming.
Low-document loans just need proof of ID and some supporting information – simple, easy and fast!
Can I get financing for used plastics technology tools?
A chattel mortgage is a great option if you use your equipment for your business at least 51% of the time
Your lender of choice will purchase your business equipment, register a chattel mortgage, fix an interest rate and set up a repayment schedule agreed to by you. Enjoy tax-deductible interest charges and depreciation if you own a small business.
- Fixed interest rate
- Flexible loan lengths ranging from one to seven years
- Residual value or balloon payments available
Can equipment loans be offset against tax?
Get all the perks of equipment ownership without the responsibility
Pay a fixed monthly lease or rental amount for the lifespan of your loan for ultimate business flexibility. Rest assured, asset leases are structured in line with ATO guidelines, sitting on the balance sheet as a business expense. Your options are:
- Pay your equipment’s remaining value and take ownership
- Make the switch or trade your gear
- Refinance outstanding payments
How to apply for Plastics Technology Financing?
What do you need to apply for finance to get finance for Additive Manufacturing and 3D printing?
- A driver’s licence or another applicable form of ID, such as a passport.
- A filled-out application form.
- A signed privacy statement.
- Equipment quote including the costs for all equipment needed.
FAQ’s
How much can I borrow for Plastics Technology Finance?
As every business has unique requirements, your equipment needs may vary. While some businesses may rely on specialised or more expensive equipment to operate, others may only need commonly used devices. Regardless of your specific needs, we can finance any equipment that has a valid serial number and is available within Australia.
Can I get financing for used plastics technology tools?
Yes you can. Simply Finance have solutions to help you acquire new and used equipment. The used equipment needs to be in good working order. We don’t want to give you finance for something that is going to break down and end up costing you an arm and a leg.
Can equipment loans be offset against tax?
Many business finance options can be tax deductible. This allows you to free up capital to invest in your business more. Check with your accountant about how much you can deduct from your tax before making a claim.
If manufacturing is where you see yourself now and in 10 years time, get in touch with the team at Simply Finance so we can help you raise the finances to realise your dreams.
Looking for another type of loan?
If a business car loan is not what you need at the moment, try looking into our other loan options. We offer a variety of business loans and personal loans.
Whether you want to get that special something or you’re looking to make a business investment, we’re happy to help.
Powerful Partnerships
