New and existing businesses often need all sorts of gear. You might have to buy laptops for all your staff, for instance, or invest in new machinery.
That’s not always easy if you have to come up with the cash to pay for it all yourself. Or maybe you’re planning to use your money for other investments?
KBC offers three different options to help you finance the equipment your business needs.
One way to finance your equipment is a traditional investment credit. In this case, you become the owner of the equipment you buy – KBC simply helps you finance it.
You can also opt for leasing. In this case, you are the lessee and you include the purchased equipment on your balance sheet and depreciate it. In this case, you also have the right of use, while KBC remains the owner of the goods.
We take a detailed look on this page at the third option, renting. If you choose this approach, you as a business pay a regular fee to KBC (similar to hiring) for use of the equipment.