Equipment finance: HaloidFLEX launch

Haloid Solutions has started offering HaloidFLEX, a financing and leasing program for two-way radios and other communications gear. (monitordaily.com) The program was announced April 18 and published by Monitor on April 19. Haloid said qualified businesses and municipalities can get zero-percent or low-interest financing, plus predictable monthly payments, on equipment bought from manufacturers or local radio dealers. (haloidsolutions.com) (monitordaily.com) Haloid also said customers can fold in support services, accidental-damage coverage, theft and loss protection, and extended warranties, so those costs sit in one payment instead of separate bills. The company’s leasing option lets customers return or upgrade equipment at the end of the term instead of owning it outright. (haloidsolutions.com) (prnewswire.com) Equipment finance is the business of turning a large upfront purchase into scheduled payments over time. In Haloid’s case, the equipment includes portable radios, mobile radios, accessories and Radio over Internet Protocol gateways that link radio systems to internet networks. (monitordaily.com) (haloidsolutions.com) That structure is showing up as lenders and vendors pitch flexibility to buyers facing tighter capital budgets. Monitor said this month that independent equipment finance companies are still navigating tighter capital and increased competition even as they look for growth in 2025 and 2026. (monitordaily.com 1) (monitordaily.com 2) Haloid is aiming the offer at public-sector and field-heavy users, not just office buyers. Its site says the company focuses on two-way radio and cellular solutions for governments, public safety, military buyers and other communication-based industries. (haloidsolutions.com 1) (haloidsolutions.com 2) Tax timing is also shaping equipment deals in Australia, where brokers have been pitching chattel mortgages ahead of June 30 year-end deadlines. The Australian Taxation Office says eligible small businesses with turnover under A$10 million can immediately deduct assets costing less than A$20,000 each if the asset is first used or installed ready for use between July 1, 2025 and June 30, 2026. (ato.gov.au 1) (ato.gov.au 2) A chattel mortgage is a business loan secured by the equipment being bought, and brokers often market it as a low-document option for vehicles and machinery. Switchboard Finance has been using that pitch in its equipment-finance content, including guides for low-doc borrowers and pre-end-of-financial-year refinancing. (switchboardfinance.com.au) (switchboardfinance.com.au) For Haloid, the bet is that radios and related gear will sell more easily when the purchase looks like an operating bill instead of a capital request. The company said HaloidFLEX is available nationwide to qualified businesses and municipalities. (prnewswire.com)