Rental Finance

Rental FinanceRental Finance

This finance is best suited to those clients that:

  • Have just commenced in business and have no trading history but good work contracts moving forward
  • Need finance for rapidly depreciating equipment which will need to be replaced regularly
  • Require Off Balance sheet lending which will provide the equipment they need but only show as a rental cost to the business on the Profit & Loss, effectively reducing the companies taxable income
  • Has a tax debt and the major lenders will not consider them

Features

Rental finance features:

  • no upfront bonds required (certain lenders)
  • hand the equipment back at anytime if no longer needed
  • payments are tax deductible thus reducing the companies taxable income
  • your choice of equipment from your supplier
  • equipment up to $500,000 considered
  • Choose from a range of used equipment that the lender has in stock at greatly reduced prices
  • Payout the finance at anytime or annually
  • with each monthly payment you are growing your equity in the equipment so that you own the equipment for $1 at end of term

This type of equipment finance is growing in popularity as it allows business’s to start up and provides the required equipment to enable a business to prosper. Quite often without this type of finance, many business could not even start up.

Contact Us now to discuss your Rental Finance requirements – 02 9453 0300

Easy Quick Quote

Finance:
Amount:
Name:
Email:
Phone: