Used correctly and for the purpose intended, an Equipment Finance Calculator is a very useful resource for many business in making decisions around major equipment purchases. Read the disclaimer and terms and conditions relevant to the calculator you are using. It is purely a rough ballpark estimate to be used for planning and general information purposes. Using such a device is not a loan application, it is not an offer of a quote or a loan approval. Your finance broker may be able to negotiate you a better rate which will affect the repayment.
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