What should you consider when investing in new equipment for your business?

Last week Sam Kaberry, Business Development Director at PMD, featured on InMode’s Instagram Live along with Zara Tyers, InMode UK’s Area Sales Manager for the Midlands & North, to answer some of the frequently asked questions posed by customers.

PMD has partnered with InMode, a leading global provider of innovative and award-winning medical aesthetic equipment, for several years. Working closely together we help support clinics to secure finance options as an alternative to cash. Here are the five key takeaways from the live Q&A:

Talk to someone who understands your business

When you deal with us, you deal with a person who fully understands your business and industry. This will make the buying process much easier for you and we are on your side to get things done.

Do not ‘put all your eggs in one basket’

Use your bank for what they are good at – business expansion and cash flow. This includes buying new premises and utilising your overdraft. Use an independent provider like PMD for equipment purchases so you are not tied to one source as this can be very restrictive.

Pay for your equipment as it works for you

You do not pay your staff five years in advance, and the same should apply for equipment. Spread the investment and pay for equipment as it generates income. Paying cash means your return on investment is much longer. With finance, it is often immediate.

Deal with someone who supports you through good times and bad

PMD will support you every step of the way. During the Coronavirus crisis we have been assisting our clients with payment holidays and developing new products to help you during and after the crisis.

One size does not fit all

Finance with PMD is not a box ticking exercise. We will work together to develop a bespoke finance package that fits your business perfectly. Every business is different and we understand that.

If you would like to watch the full video, please email aimee@pmdbusinessfinance.co.uk. For more information on how PMD can support your business, please get in touch with Sam Kaberry on 07917 731 627 or via email at sam@pmdbusinessfinance.co.uk.

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