Car Leasing and Equipment Finance

Wide range of car lease and equipment finance options...

• Passenger car leasing options.
• Light to heavy commercial vehicles.
• Earth moving and construction equipment.
• Printing process and graphics technology.
• Computers and office equipment.
• Medical, dental and veterinary equipment.
• Agricultural equipment and machinery.
• Mining vehicles and equipment for above ground use only.

Car Leasing and Equipment Finance

Commercial Hire Purchase

• Mainly used for vehicle and equipment finance.
• Loan terms 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 terms from 1 to 7 years.
• 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.

Novated Lease

• Enables employees to salary package.
• Three way agreement between employee, employer and the leasing companies.
• When employment ceases the lease may be re-novated or payments can be made.