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Mon-Fri 8:30AM to 5:30PM
(exc. Public Holidays)
Mon-Fri 8.30am - 5.30pm
(exc. Public Holidays)
Live product demo
Unlike other types of loans, equipment financing exists for a single purpose: to finance your equipment. The equipment itself acts as the collateral. When you're done making payments, you will own the equipment free and clear. Until then, if you default on the loan, the lender can take back the equipment to help recoup their costs.
There may also be additional terms, such as guaranteeing the loan with personal assets and equity. Some lenders may ask for a blanket lien that gives them a right to any of the business’s assets needed (including the new equipment) for loan satisfaction.
Business equipment financing covers a range of business necessities, with one characteristic in common; what you’re buying is generally costly. This category of financing can cover manufacturing machinery, computers, software, farm equipment, and furnishings. When you get an equipment financing loan, you can use it only
When purchasing a new PC, it’s easy to overlook warranty options or decline coverage altogether for one reason or another. Maybe you don’t think you need it because you take great care of your devices, or perhaps you’d rather not tack on additional costs. The thing is, PCs may require repairs for various reasons, often outside your control.
When considering coverage for a new PC, it’s important to first think about your needs. For instance, will you require immediate repairs if something goes awry? Or could you wait a day or two for service? Also think about whether you’re prone to causing damage to or losing your device, and whether you want those covered by your warranty.
Mon-Fri 8:30AM to 5:30PM
(exc. Public Holidays)
Mon-Fri 8.30am - 5.30pm
(exc. Public Holidays)
Live product demo