Equipment Finance

Effective working capital management plays a vital role in maintaining liquidity, facilitating day-to-day operations and fostering sustainable growth for your business. By adopting the right working capital solutions, businesses can effectively address cash flow challenges and leverage flexible financial strategies that enhance the efficiency of their available funds. Let’s delve into some strategies you can use to help you boost your cash flow, streamline operations, and bolster your business’s financial health, all while unlocking valuable growth opportunities. What Are Working Capital Solutions? Working capital solutions encompass a variety of financial strategies and tools that help businesses to effectively manage their...

As the leading freight forwarder in Australia for transporting machinery, equipment, components and parts domestically and internationally, NMT is here this month to provide a supply chain update – particularly on shipping delays as we head into the New Year. Australian Port Congestion Australian break bulk ports across the country have been regularly congested since 2020, starting with the costs of container shipments increasing to over 6000 USD per 20ft – resulting in many shipments being de-consolidated and shipped via break bulk. This was not limited to small machines and cars but also general cargo. Container freight rates were reduced...

As we move further into 2023, it’s important for businesses to understand the trends and insights that shaped the previous year. Satterly’s Fourth Quarter Asset Remarketing Report offers some valuable insights. Growth in the mining and construction machinery manufacturing industry According to the report, the mining and construction machinery manufacturing industry is expected to grow at an annualised rate of 4.9% over the next five years, indicating a positive outlook for heavy equipment sales. This growth reflects the ongoing investment in the resources sector, with many large-scale projects underway nationwide. One of the standout findings of the report is the...