Car Leasing and Equipment Finance
Wide range of car lease and equipment finance options...
Wide range of car lease and equipment finance options for companies business owners and non business owners. Commercial hire purchase, chattel mortgage and novated lease options available.
Types of assets that can be financed from a wide range of lenders include;
• Passenger car leasing options
• Light to heavy commercial vehicles
• Earth moving and construction equipment
• Printing process and graphics technology
• Computers and office equipment
• Medical and dental equipment
• Agricultural equipment and machinery
•
Mining vehicles and equipment for above ground use only
Lease Options
Commercial Hire Purchase
• Mainly used for vehicle and equipment finance
• Loan term from 1 to 7 years
• You own the vehicles or equipment once all payments are made
• Deposits or trade-ins can be used to reduce the loan amount
• Balloon payments can be made to reduce monthly repayments
• Interest rate can be fixed for the loan term
• For asset depreciation and interest deductibility purposes, the asset is effectively owned by the client even though the title does not pass until loan maturity
Chattel Mortgage
• The asset must be owned by the client at settlement
• Loan term from 1 to 7 years
• Deposits of trade-ins can be used to reduce the loan amount
• Balloon payments can be made to reduce monthly repayments
• Interest rate can be fixed for the loan term
• For asset depreciation and interest deductibility purposes, the asset is effectively owned by the client
Novated Lease
• Enables employees to salary package
• Three way agreement between employee, employer and the leasing company
• When employment ceases the lease may be re-novated or payments can be made
Need Car Lease and Equipment Finance Help? All your questions answered by clicking the commercial quote
link below or call 1300 726 136
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