The practical answer
No. Equipment finance concerns assets, while invoice funding concerns eligible receivables and has its own conditions.
A business may need machinery to perform work and cash to bridge the wait for customer payment. These are separate requirements and should be shown separately in the forecast.
Do not assume an equipment approval includes invoice funding or that a newly signed contract creates an eligible invoice immediately. Explain the full cash cycle so suitable options can be assessed.
Commercial finance is subject to status, lender approval and the specific asset and transaction. The right structure depends on the complete circumstances of the business.
What should I do next?
Have the asset details, supplier information and an outline of what the business needs ready. DCF can then discuss the requirement and identify which lenders may be suitable.
Read: Equipment finance for a new contract →