EquipMent, Vehicle & plant Finance
 
Operating Lease/Rental The ender purchases the equipment from the supplier (vendor) and rents the equipment to the client over an agreed term for a series of fixed rental payments. The renter or client do not obtain any right or option to own the equipment and has no residual value obligations at the end of the term. Unlike a loan or finance lease, rental does not appear on the clients balance sheet as a loan.
Chattel Mortgage The client owns the goods and facility is secured by a “Bill of Sale” over the goods. The client has full ownership at the end of the contract. Up to 100% of the goods may be financed. You can and preferably may be required to make a deposit in the transaction. Client can claim the full amount of GST up front in the next BAS statement.
Finance Lease The funder owns the goods. At the end of the term the lender retains ownership, however the borrower may formerly make an offer for the goods if they wish to purchase - 100% of the goods are financed - Deposit in not available
Commercial Hire Purchase The client owns and rents the goods under a hire agreement. The client has full ownership at the end of the contract. Up to 100% of the goods may be financed. You can and preferably may be required to make a deposit in the transaction.
Cars Trucks Boats Shop Fit Outs Motorcycles Plant & Equipment Machinery Tools of Trade Computer & IT Equipment