Best candidates are long-term assets with years of service life remaining: vehicles, excavators, loaders, graders, bulldozers, prime movers, trailers, forklifts, manufacturing equipment, agricultural machinery. Avoid refinancing equipment near end of useful life, or gear you're planning to upgrade soon. Focus on core fleet equipment that you'll keep for 5+ more years.

These are the same thing - different names for the same service. Invoice finance (debtor finance) advances you 80% of your invoice value within 1-2 days instead of waiting 60+ days for payment. It's most useful for businesses with long payment terms from customers but immediate expenses to cover. Industries like construction, earthmoving, manufacturing, and transport often benefit most from invoice finance.

Consider refinancing existing equipment loans to reduce monthly repayments and create headroom for new equipment costs. For example, reducing payments from $45k to $34k per month frees up $11k to help offset new equipment finance of $15k per month. Combine this with working capital facilities or debtor finance to maintain healthy cash flow throughout the expansion period. The key is using all three strategies together - not relying on just one.

An extra $1.2 million in revenue might deliver $100k-$200k, but you won't see that extra $100k in monthly billings for 60 days or more. Meanwhile, wages, finance payments, and running costs need paying weekly or monthly. Growth is cash-hungry even when it's profitable. Plan for 2-3 months of cash flow pressure before new revenue starts flowing. Most businesses underestimate this gap and face cash crunches during their growth phase.

Yes. If you have equipment loans nearing the end of their term, you can often refinance them over a longer period to reduce monthly repayments. For example, refinancing might reduce payments from $45k to $34k per month, creating $11k in headroom to help offset new equipment finance costs. Only refinance long-term assets you plan to keep in your fleet for years - heavy equipment, prime movers, essential machinery. Don't refinance gear you're about to replace.

Debtor finance (also called Debtor Discounting) lets you access up to 80% of your invoice value within a day or two of issuing it, instead of waiting 60+ days for customer payment. It keeps your business liquid during growth periods when cash flow is tight. Particularly useful for capital-intensive businesses in construction, transport, earthmoving, and manufacturing where you have to wait 60 days to be paid, but expenses are immediate.