No worries. There are other options that you can consider:
1. Ask your bank or lender to lower your interest rate
2. Consider a mortgage top-up
3. Apply for a change in your loan type
These options can also save you money and help you achieve your financial goals in no time.
What is equipment financing?
You can apply for equipment financing when you want to increase your business’ capacity by upgrading your equipment. It is also ideal if you are looking to start a business and need the latest equipment or tools.
Equipment financing also helps businesses manage their cash flow better.