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Somerset Equipment Finance


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Most recent articles relating to Somerset Equipment Finance;

Flexible financing for more flexible production

Roy Royer offers a possible funding solution which would allow food processors to deploy automation in their processes, giving the flexibility to be more competitive. FULL STORY...

Finding a more flexible finance model

Building the right business model and having the budget to achieve sustainable profitability starts with a recognition of the financial issues facing your company now, and in the future, says Roy Royer. FULL STORY...

Five real covenants enforced by banks on food companies

The following are true stories –  Names have been redacted to protect the innocent. FULL STORY...

VIDEO: Short term needs for long term equipment?

In 2002, the average food production contract had a 60 month length. For 5 years, you could build a business model based on the supply, packaging or distribution of food products. And those were clearly the good old days. Increases in automation, something called “big data” around consumer preferences and margin compression across the board have led to a very different business climate. One in which the average contract these days is less than 3 years…and getting shorter. FULL STORY...

Total Cost of Ownership (TCO) and the finance decision

The big picture includes the total cost of a solution, above and beyond the thing itself— services, maintenance contracts, and all those extra pieces that turn the piece of equipment from a dumb box into a smart, connected machine. It also includes understanding the opportunity cost.  FULL STORY...

Understanding leasing options for your company’s equipment

Leasing can offer a variety of benefits that cut across equipment types, such as maintaining cash or preserving lines of credit, avoidance of risk on asset utilisation, and flexibility gained from having access to a wider range of funding options. Of course, each business will have to factor in its own situation and financial considerations. The decision must be company-specific. FULL STORY...

Sponsored news: The best way to lower your equipment downtime costs has nothing to do with maintenance

What is the biggest expense related to equipment operation for your business? FULL STORY...


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