I need to fund tooling for a new contract — how do I finance it?

Tooling costs a lump up front but earns over time; asset finance spreads the cost so cash timing doesn't hold it back and you pay while it works. Bespoke tooling for a contract is a real up-front cost that comes before the contract produces a penny. The value is real, but it arrives after the outlay — a classic cash-timing gap.

I need to fund tooling for a new contract — how

2 min read

Up front costBefore it earns

Pays backOver time

Spread itAsset finance

Why it costs before it earns

Bespoke tooling for a contract is a real up-front cost that comes before the contract produces a penny. The value is real, but it arrives after the outlay — a classic cash-timing gap.

How to fund it

Asset finance spreads the cost of the tooling for a new contract over its working life, so you fund it without a large cash hit and pay while it earns.

Check the payback stacks up on the return-on-borrowing calculator before you commit.

Fund a real plan

Back a clear plan with a genuine return, not a hopeful one. Finance amplifies a sound investment; it can't rescue a vague one.

What it means for you

Credicorp lends to your company, not to you personally, and takes no personal guarantee. See business loans or apply online when the numbers work.

Frequently asked questions

How do I fund tooling?

Asset finance spreads the cost of the tooling for a new contract over its working life, so you fund it without a big cash outlay and pay while it earns. Check the return stacks up before committing.

Is tooling worth borrowing for?

When the investment delivers a clear return — new revenue, capacity or savings — that beats the finance cost, yes. Model the payback and back a real plan, not a punt.