Equipment & Asset Finance

Commercial Hire Purchases

Commercial hire purchases are similar to finance leases except that after the lease period, your business will take ownership of the asset. As such, your repayments may be higher over the term. This option is excellent for businesses looking to continue using the equipment after the loan period ends.

Finance Leases

A finance lease allows you to make use of many types of commercial equipment while not technically owning it. The lender will purchase the equipment on your behalf and lease it to you over an agreed term. This option is excellent for businesses wanting to avoid the headaches involved with owning or disposing of machinery or old appliances.

Finance Leases

A finance lease allows you to make use of many types of commercial equipment while not technically owning it. The lender will purchase the equipment on your behalf and lease it to you over an agreed term. This option is excellent for businesses wanting to avoid the headaches involved with owning or disposing of machinery or old appliances.

Sale and Leaseback Agreements

A sale and leaseback agreement can help your business free up working capital by having a lender purchase your existing equipment and leasing it back to you over an agreed period (usually three to five years). This agreement is a great way to retain use of the commercial asset while injecting immediate capital into your business and eliminating ownership risks, such as maintenance and repair expenses.

Sale and Leaseback Agreements

A sale and leaseback agreement can help your business free up working capital by having a lender purchase your existing equipment and leasing it back to you over an agreed period (usually three to five years). This agreement is a great way to retain use of the commercial asset while injecting immediate capital into your business and eliminating ownership risks, such as maintenance and repair expenses.

Novated and Business Vehicle Leases

Products such as novated leasing are an increasingly popular method used to fund commercial vehicles for your business and your employees. Novated leases involve your business making payments on you or your employee’s behalf from pre-tax salaries, reducing taxable income and diminishing tax payable.

Novated and Business Vehicle Leases

Products such as novated leasing are an increasingly popular method used to fund commercial vehicles for your business and your employees. Novated leases involve your business making payments on you or your employee’s behalf from pre-tax salaries, reducing taxable income and diminishing tax payable.

Benefits of Equipment Finance

  • Cash Flow. Spreading the cost of equipment over time and matching it with your cashflow makes sense when the revenue from the equipment is generated overtime. Using your cash at bank to buy equipment will cause a hole in your cash flow.
  • Support your business’s growth. Equipment finance reduces the initial outlay you would otherwise need to procure new commercial assets. Instead of buying the equipment outright, you can pay the equipment off over time. Better yet, if you choose a chattel mortgage as your financing product, no GST is paid on the repayments, and you can take ownership of the asset from the start of the loan.
  • Potential tax benefits. Most businesses will be able to claim back input tax credits concerning the GST included in the purchase price of the equipment. Furthermore, the depreciation and interest charges may be tax-deductible, increasing the appeal of equipment finance to your overall financial position.
  • Immediate access to the latest equipment. Having access to the latest in technology can make a significant difference to your business’s efficiency. This reality can make or break your competitiveness in an agile and fast-moving business landscape where every ounce of productivity counts.
  • Eliminate the risk of ownership. Owning expensive equipment can come with additional expenses, such as depreciation, maintenance, and repair costs. Leasing equipment gives you certainty on your outgoing expenses while giving you the option to take ownership or dispose of the commercial asset at the end of the agreement.

Types of Asset Finance

  • Vehicle finance
  • Truck finance
  • Trailor finance
  • Car finance
  • Machinery and equipment finance (industrial, medical, office, solar and energy equipment)
  • Yellow Goods finance

How to get Started?

We are here to help you find a strategic finance solution. Our experience and wealth of knowledge on finance and business will work hard to give you the best possible outcome.