Packserv, a leading provider of packaging machinery, and finance partner, Finlease, Australia’s specialist in equipment finance, launched new machinery finance packages aimed at helping Australian manufacturers weather the current economic challenges.
In a press statement, Nathan Wardell, Managing Director of Packserv, says these packages aim to assist manufacturers in enhancing productivity while maintaining cash flow stability.
According to Wardell, the new packages come in the wake of the rising number of closures in the industry, where he underscored the urgency of supporting local manufacturers.
“Given the current economic climate, our priority is to assist Australian manufacturers in keeping locally made products on supermarket shelves. It is devastating to see local FMCG manufacturers, once global leaders in innovation, being forced to close their doors. Australia is currently experiencing more than double the number of administrations, liquidations, and sell-offs compared to last year,” said Wardell.
Packserv’s focus has been on helping FMCG businesses stay operational. Their machine rental services have become extremely popular with clients, along with their rent-to-buy option that allows clients to use the equipment immediately while paying it off over time. Packserv is one of the only packaging machinery manufacturers in Australia providing these flexible options.
The partnership between Packserv and Finlease offers manufacturers flexible machinery finance bundles at competitive rates, starting from $244 per week for a benchtop range and $990 per week for a fully automated line.
Wardell further highlighted Packserv’s commitment to supporting Australian manufacturers. “Our priority is to help manufacturers improve productivity and efficiency, reduce costs, and free up cash that would otherwise be tied up in capital purchases.”
Christos Kritikos, Equipment Finance Specialist from Finlease, noted the importance of finance in the current market. “Finance should be seen as just another raw material and used well, It assists clients to replace, upgrade or expand vital equipment and subsequent processes where often the increased productivity & economies of scale actually improve profitability and cash flow. We take the time to understand each client’s requirements, both now and into the future to customise longer-term equipment finance facilities and by doing so freeing up cash which typically should not be tied up on long-term fixed assets.”
The finance packages are designed to meet the needs of businesses at every stage, from startups to larger manufacturers. For more information on the new bundled machinery packages, visit https://www.packserv.com.au/bundled-packaging-machinery-offers
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Company Name: Packserv
Contact Person: Nathan Wardell
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Phone: 1300 377 512 or international +612 8321 7970
Country: Australia
Website: https://www.packserv.com.au/