Garage & MOT Equipment Finance
To ensure vehicles are in the best condition, mechanics require high-performing, specialist equipment. With so many different makes, models and classifications, equipment has never been in higher demand, with cost at an all-time high.
From MOT bays and vehicle lifts to air compressors, charging stations and ramps, we help mechanics and garage owners purchase the big and little items that deliver a top-class service.
Funding for Garage & MOT Equipment
Funding garage equipment not only kick-starts new business but also helps upgrade equipment so garages can continue running. As a bonus, interest on loans and leases is also tax-deductible for businesses.
With multiple outgoings, it can be risky to invest all your savings into one place. Equipment funding allows you to budget for vital assets. Paying them off in monthly installments while keeping a healthy bank balance.
Many businesses are priced out of these benefits, as they have to pay for Garage & MOT Equipment up front. Distributing payments over a period of time, therefore, makes funding solar tech significantly easier.
How does garage & MOT equipment finance work?
Using finance for equipment purchases removes the stress of finding available cash to buy essential items. Origin can fund any garage & MOT equipment requirement of £10,000 upwards, whether the equipment is new or used, over a period of up to seven years.
We’ll guide you through the application process and match you with a lender that suits your monthly budgets with fixed repayments.
Garage & MOT Equipment Finance Key Points
Split the cost of garage & MOT equipment into fixed monthly payments.
Make overpayments or settle at any stage to pay off your equipment quicker.
No deposit is required.
Garage & MOT equipment finance can be spread across 2 – 7 years.
The lender pays the supplier(s) of your choice, and can match their agreed payment terms.
Origin are a finance broker, and we will pair you with the most suitable lender on our panel.
Garage & MOT Equipment Finance FAQs
Can I finance vehicles and equipment that I already own?
Can I fund used garage & MOT equipment?
Can you get garage & MOT equipment on finance?
Does the lender cover the entire cost of garage & MOT equipment?
How do I know whether I’m eligible for garage & MOT equipment finance?
How does garage equipment finance work?
What different finance solutions does Origin offer?
What type of finance is best for garage & MOT equipment?
Finance for Equipment
What equipment can Origin help to fund?
We can help businesses to fund equipment of all shapes and sizes, across a wide range of sectors.
