Equipment Finance

• 01 May, 2020

• Categories Asset FinanceBusiness Loan

Which is Better for Asset Finance or Car Loan?

You’re looking for a new car, but you can’t decide where to go for your loan. Should you opt for the dealer’s standard finance, or should you apply to a finance broker? Here’s how the options stack up. Finance Broker A finance broker arranges loans between you and your lender. They don’t work for the lender. The broker works for you. They are typically paid a fee for their services by you, or they receive a commission from the lender for introducing them to you.  Dealer Finance  Dealer finance is a loan between a retailer, such as a car dealership, and…