Financing is easy

Do you need a wheel loader, tractor or IT equipment for your company? Nordea Finance will help you identify a suitable financing solution. We act as the broker between the supplier and your company and ensure that the financing is easy and safe. Nordea Finance has extensive knowledge of most sectors, and we partner with the leading suppliers.

Hire purchase, financial leasing or AssetMaster?

Choose the form of financing that suits your machinery and equipment purchases.

Hire-purchase finance

Hire purchase allows you to finance your company’s investments with monthly payments that suit your budget. Hire purchase is suitable for financing both new and used assets. You do not need any additional collateral because the asset secures the hire-purchase agreement. At the end of the contract term, your company takes ownership of the asset.

Learn more about hire-purchase finance

Financial leasing

Financial leasing is the long-term rental of machinery and equipment on a 2–5-year lease contract where your company only pays for the use of the machinery and equipment. The lease does not include maintenance.

Learn more about financial leasing

AssetMaster

As a Nordea corporate customer, you can apply for an AssetMaster leasing limit. An AssetMaster leasing limit allows you to finance your company’s movable fixed assets. AssetMaster combines the procurement and management of your equipment fleet. With AssetMaster, you can finance machinery, equipment and vehicles as well as IT equipment and office technology.

Learn more about AssetMaster

For which machinery and equipment can I get financing?

At Nordea Finance, we have extensive experience in several industries. Here are some examples of machinery and equipment that can be financed.

Excavation and earthmoving equipment

construction

Excavators, wheel loaders, dumpers and other earthmoving equipment

Agriculture and forestry machinery

tractor

Forestry machinery, tractors, balers, combine harvesters and other agricultural machinery.

IT and office equipment

computer

Office equipment, IT equipment (software and hardware) and healthcare devices.

Transport equipment and logistics

tractor-1

Trucks, vans, trailers, pickups, forklifts and buses.

The Nordea Finance process

  1. Financing application Fill in the financing application with Nordea Finance’s vendor partner.
  2. Credit decision and signature We will process your financing application and make a credit decision. When the credit decision is approved, we will ask you to sign an agreement digitally or manually.
  3. Delivery The machinery or equipment can be delivered when the agreement is signed and submitted. When the asset is handed over/received, you need to confirm delivery.
  4. Payment Before signing and submitting the delivery confirmation, check that the asset is in the agreed condition. When you have done this, we will pay the supplier’s invoice.
  5. Agreement on machinery and equipment financing When all the above steps have been completed, you and Nordea Finance can sign the final financing agreement. Your company will have the machinery and equipment, and we will invoice it according to the agreed due dates and other conditions.

Benefits of financing

Whether you opt for hire purchase, leasing or AssetMaster, you will gain the following benefits:

  • Your company can free up capital for other purposes.
  • You will be able to replace older devices with modern, more efficient machinery and equipment.
  • Better liquidity because the costs are divided over the service life of the machinery and equipment.

Compare the forms of financing

What are the differences between hire-purchase financing, financial leasing and AssetMaster? We have compiled a page displaying the differences between these financing options to help you decide which financing product meets your company’s needs the best.

Compare financing options