Finance your project
Finance your project instead of waiting for another budget cycle and endless challenges. You’ve done the assessments, you know what improvement is worth, but you have no budget! Even if payback is well within the first year, as it often is, you will need a budget.
We can help set you up with Finance for your project with one of our financial business partners.
Finance your project
Reliability projects pay for themselves, and often they do it quickly. In some cases, we have seen the benefits from “low hanging fruit” pay for entire multi-year initiatives in less than a year. One client increased revenues by over $600 million in 8 months. The whole cost of the 3 year improvement was less than $20 million!
Profit is what shareholders want. Budget compliance is just one tool to get you there.. But why wait for the next budget cycle when you can get money now, especially with a quick payback? Start soon, and have the costs paid for before next year’s budget is even approved. Moreover, savings in those first months are going to repeat, year after year. Why not capture them in your next year’s budget?
What your CFO wants:
“I recently had a neighbor who was a retired CFO of a company with about a dozen plants in the US and South America. He often used to brag about the methods he had used to save his company money. When I explained to him the role of Effective Maintenance Management, the “Value” of “Uptime” and that “Maintenance was an Investment, Not An Expense” he started to realize that what he thought had saved his company hundreds of thousands, had, in fact, cost them millions!” Gary Dobson
Training costs can be covered.
There are many grants available to help you pay for training programs and courses. Our “grant writing” experts can get some of that money to help pay for your training.
Reliability improvements pay for themselves.
Payback comes in two forms – maintenance and operations cost savings, and the revenues generated by the assets that now experience more available Uptime.
Calculate the benefits here.
Our Business Case Estimator will quantify those savings and revenue gains, along with profitability and ROCE forecasts.
Why wait for a no-brainer business case?
Budgets help control what you planned last year to do now. They don’t help you when a big opportunity comes along – they can delay the realization of benefits.
Finance executives are good business decision-makers. If there’s money to be saved or earned, they can find the necessary money to make it happen. Budgets don’t stop them if it makes sense to act now.
Your business case tells a story.
Your confidence tells them you can do it.
Once convinced, they will find ways to pay for it.
We can help them with our financing partner.
Our Financing Solution.
Ask how we can help you to finance your project out of its own savings and earnings.
