Understanding your business needs and how new equipment will help fulfil these is your starting point. This step involves identifying the type and cost of equipment you require, how it will enhance your operations, and the budget you have available for financing.

Once you have a clear understanding of your equipment needs, reach out to us. Our team will discuss your needs, objectives, and financial situation. We use this information to guide you towards the best type of finance to suit your specific circumstances.

Based on your financial status and business needs, we will provide a comprehensive proposal outlining the most appropriate finance options. We'll provide details about the finance types, potential repayment schedules, and the lenders that are most likely to offer favourable terms.

At this stage, you need to gather all the required documentation. Typically, this includes business financials, bank statements, tax returns, and specific information about the equipment you wish to finance. Red Fox Finance will provide a comprehensive list of required documents to ensure your application is complete and compelling.

Once all the documents are ready, we will compile and submit your application to the selected lenders. Our experienced team ensures your application presents your case effectively, increasing your chances of approval.

Upon receiving approval, it's crucial to review the lender's terms and conditions carefully. We guide you through this, ensuring you understand the repayment schedule, interest rates, and any fees associated with your loan.

With all the paperwork complete and signed, the funds will be disbursed to you by the lender. You are now ready to purchase your equipment and put it to work in your business.

The final step is to manage your repayments as agreed. We advise regularly reviewing your finance agreement, particularly if your business experiences significant change. If needed, we can assist with refinancing or adjusting your loan to better suit your evolving needs.