Equipment Loan<\/strong><\/h3>\n\n\n\nThe Equipment Loan facility may be attractive if you use cash accounting in your business. You may be able to claim the GST component of the purchase price of the equipment in your next Business Activity Statement (BAS), after the bank has made payment to the supplier.<\/p>\n\n\n\n
As the name suggests, this means of financing the acquisition of equipment involves the provision of security to the lender over nominated chattels (i.e. various plant, equipment and motor vehicle etc.) by way of an Equipment Loan Agreement.<\/p>\n\n\n\n
In simple terms, this type of finance is structured in the same manner as a property mortgage, with the equipment owned by the business, but allocated as security against the loan.<\/p>\n\n\n\n
As with an Asset Purchase facility, the interest and depreciation components are usually tax deductible, provided that the equipment to be financed is used to generate assessable income. Terms for finance also normally range from two to five years.<\/p>\n\n\n\n
CONSUMER<\/h2>\n\n\n\n
Buying a car can be a very exciting time, but also can be very daunting and stressful. If you’re looking for a new family car, a caravan, a four-wheel-drive or maybe even a flashy new convertible, we can give you a hand.<\/p>\n\n\n\n
Whether you’re after a personal loan, lease arrangement or want to use the equity in your home to purchase your vehicle, we can assist.<\/p>\n\n\n\n
Or are you finding it hard to find a car with current vehicle shortages? We can also help with our Australia-wide vehicle searching service.
Let us help you organise your car finance first.<\/strong>
With a range of specialist lenders to choose from, we can help you organise your car loan in advance, so you can get a loan that’s tailored to your needs and financial circumstances. Car dealership finance isn’t always competitive, and you’ll find our options are likely to offer you more choice and flexibility with repayment terms.
Don’t delay – get your car finance fast.<\/strong>
Our car finance options can usually be approved in as little as 48 business hours. So, whether you’re looking for horsepower or reliability, fuel economy or the latest features, talk to us about pre-arranging your finance today and let’s set the wheels in motion.<\/p>\n\n\n