Where can I find financing for investments, such as a new machine or equipment?
A new machine or equipment can boost business growth, but it is important to plan the investment carefully and secure a realistic financing solution.
- Bank loans or Finnvera guarantees/financing solutions.
- Investment grants from ELY Centres or Leader groups.
- Expert assistance to evaluate cost-benefit and quality-price ratios.
A new machine or equipment can boost business growth, but it is important to plan the investment carefully and secure a realistic financing solution. Often, financing consists of several sources: in addition to equity, bank loans, Finnvera guarantees, or public subsidies.
ELY Centres offer investment grants especially for businesses located in rural areas, and funding can be supplemented by local Leader groups (such as Aktion Österbotten or Leader Yhyres). A business advisor can help compare investment options and prepare calculations.
For machinery and equipment investments, one option is also hire-out or long-term rental (leasing). This service is provided by financial companies through banks or equipment and machinery vendors.
- Finnvera – Business Financing
- ELY Centres – Business Support
- Leader Groups in Finland