The best Top 5 Equipment Finance options are Hire Purchase, Chattel Mortgages, Finance leases, Operating Leases and Short Term Business Loans that cater for equipment financing. The other way to finance equipment for your cafe, restaurant or retail business is to take out a Unsecured Business Loan. Equipment finance covers any movable assets (Chattels) that have a tangible value. It is classified as asset based lending because only the asset or equipment itself is used as security for the loan.
